Apartment 605 Block A, 5 Red

    APARTMENT 605 BLOCK A, 5, RED, MEDIA CITY UK, SALFORD, M50 2AL

    This flat/maisonette leasehold property on Red last sold in December 2022 for £196,000. Based on price growth in the M50 district since then, its estimated current value is £193,083 — placing it in the 23rd percentile nationally and the 49th percentile within M50. The property covers 46 m² (495 sq ft), giving an estimated value of £4,197 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    46 m²

    (495 sq ft)

    Last Sale Price

    £196,000

    Dec 2022

    Estimated Valuation

    £193,083

    Est. £/m²

    £4,197/m²

    £390/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area46 m² (495 sq ft)
    EPC dateSept 2022
    WallsAverage thermal transmittance 0.42 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    20 Dec 2022

    New build

    £196,000

    Key Metrics

    Estimated valuation£193,083
    Value per m² / sq ft£4,197/m² (£390/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile49th percentile
    National percentile23rd percentile

    District Context — M50

    M50 covers central Manchester, encompassing the city centre and inner-city neighbourhoods. It is a diverse, densely populated urban area characterised by mixed-tenure housing, student populations, and strong rental demand.

    Average Property Price - M50

    £215,308

    16

    National percentile

    Average Net Household Income - M50

    £4,095

    0

    National percentile

    10-Year Annualised Price Growth - M50

    4.8%

    87

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M50

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