Apartment 2504 Michigan Point Tower A, 9 Michigan Avenue

    APARTMENT 2504 MICHIGAN POINT TOWER A, 9, MICHIGAN AVENUE, SALFORD, M50 2HD

    This flat/maisonette leasehold property on Michigan Avenue last sold in December 2017 for £123,950. Based on price growth in the M50 district since then, its estimated current value is £156,578 — placing it in the 14th percentile nationally and the 26th percentile within M50. The property covers 30 m² (323 sq ft), giving an estimated value of £5,219 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    30 m²

    (323 sq ft)

    Last Sale Price

    £123,950

    Dec 2017

    Estimated Valuation

    £156,578

    Est. £/m²

    £5,219/m²

    £485/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 area30 m² (323 sq ft)
    EPC dateSept 2017
    WallsAverage thermal transmittance 0.70 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    19 Dec 2017

    New build

    £123,950

    Key Metrics

    Estimated valuation£156,578
    Value per m² / sq ft£5,219/m² (£485/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile26th percentile
    National percentile14th 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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