Apartment 1505 Michigan Point Tower A, 9 Michigan Avenue

    APARTMENT 1505 MICHIGAN POINT TOWER A, 9, MICHIGAN AVENUE, SALFORD, M50 2HB

    This flat/maisonette leasehold property on Michigan Avenue last sold in October 2017 for £179,950. Based on price growth in the M50 district since then, its estimated current value is £227,319 — placing it in the 32nd percentile nationally and the 65th percentile within M50. The property covers 85 m² (915 sq ft), giving an estimated value of £2,674 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £179,950

    Oct 2017

    Estimated Valuation

    £227,319

    Est. £/m²

    £2,674/m²

    £248/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area85 m² (915 sq ft)
    EPC dateSept 2017
    WallsAverage thermal transmittance 0.70 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    9 Oct 2017

    New build

    £179,950

    Key Metrics

    Estimated valuation£227,319
    Value per m² / sq ft£2,674/m² (£248/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile65th percentile
    National percentile32nd 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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