Apartment 307 1 Lockgate Square

    APARTMENT 307 1, LOCKGATE SQUARE, SALFORD, M5 4YU

    This flat/maisonette leasehold property on Lockgate Square last sold in September 2021 for £187,950. Based on price growth in the M5 district since then, its estimated current value is £168,343 — placing it in the 17th percentile nationally and the 36th percentile within M5. The property covers 48 m² (517 sq ft), giving an estimated value of £3,507 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £187,950

    Sept 2021

    Estimated Valuation

    £168,343

    Est. £/sq ft

    £326/sq ft

    £3,507/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction age2018
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area517 sq ft (48 m²)
    EPC dateMay 2018
    Walls²K
    HeatingCommunity scheme

    Transaction History

    29 Sept 2021

    £187,950

    10 Aug 2018

    New build

    £168,000

    Key Metrics

    Estimated valuation£168,343
    Value per sq ft / m²£326/sq ft (£3,507/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M5 district percentile36th percentile
    National percentile17th percentile

    District Context — M5

    M5 covers central Manchester, including areas around the city centre and Deansgate. It is an urban district characterised by dense residential and mixed-use development, with strong appeal to younger households and those seeking city-centre living.

    Average Property Price - M5

    £197,522

    11

    National percentile

    Average Net Household Income - M5

    £8,847

    1

    National percentile

    10-Year Annualised Price Growth - M5

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M5

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