42 Springfield Lane

    42, SPRINGFIELD LANE, SALFORD, M3 7FH

    This terraced leasehold property on Springfield Lane last sold in September 2021 for £360,000. Based on price growth in the M3 district since then, its estimated current value is £485,666 — placing it in the 78th percentile nationally and the 96th percentile within M3. The property covers 92 m² (990 sq ft), giving an estimated value of £5,279 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £360,000

    Sept 2021

    Estimated Valuation

    £485,666

    Est. £/sq ft

    £490/sq ft

    £5,279/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialA
    Floor area990 sq ft (92 m²)
    EPC dateSept 2017
    WallsAverage thermal transmittance 0.15 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    17 Sept 2021

    £360,000

    2 Mar 2018

    New build

    £281,500

    Key Metrics

    Estimated valuation£485,666
    Value per sq ft / m²£490/sq ft (£5,279/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M3 district percentile96th percentile
    National percentile78th percentile

    District Context — M3

    M3 covers central Manchester, including areas around Deansgate, Castlefield, and the city centre core. It is a densely urban neighbourhood with a strong residential presence alongside commercial and leisure activity.

    Average Property Price - M3

    £272,478

    34

    National percentile

    Average Net Household Income - M3

    £24,550

    3

    National percentile

    10-Year Annualised Price Growth - M3

    5.3%

    92

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M3

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