Apartment 1202 Block B, 3 Red

    APARTMENT 1202 BLOCK B, 3, RED, MEDIA CITY UK, SALFORD, M50 2AQ

    This flat/maisonette leasehold property on Red last sold in September 2024 for £315,000. Based on price growth in the M50 district since then, its estimated current value is £321,557 — placing it in the 54th percentile nationally and the 91st percentile within M50. The property covers 66 m² (710 sq ft), giving an estimated value of £4,872 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    66 m²

    (710 sq ft)

    Last Sale Price

    £315,000

    Sept 2024

    Estimated Valuation

    £321,557

    Est. £/m²

    £4,872/m²

    £453/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area66 m² (710 sq ft)
    EPC dateSept 2022
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    30 Sept 2024

    New build

    £315,000

    Key Metrics

    Estimated valuation£321,557
    Value per m² / sq ft£4,872/m² (£453/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile91st percentile
    National percentile54th 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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