Apartment 2602 Michigan Point Tower A, 9 Michigan Avenue

    APARTMENT 2602 MICHIGAN POINT TOWER A, 9, MICHIGAN AVENUE, SALFORD, M50 2HD

    This flat/maisonette leasehold property on Michigan Avenue last sold in June 2023 for £138,000. Based on price growth in the M50 district since then, its estimated current value is £142,680 — placing it in the 11th percentile nationally and the 21st percentile within M50. The property covers 42 m² (452 sq ft), giving an estimated value of £3,397 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    42 m²

    (452 sq ft)

    Last Sale Price

    £138,000

    Jun 2023

    Estimated Valuation

    £142,680

    Est. £/m²

    £3,397/m²

    £316/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area42 m² (452 sq ft)
    EPC dateSept 2017
    WallsAverage thermal transmittance 0.70 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    9 Jun 2023

    £138,000

    2 Jan 2018

    New build

    £159,950

    Key Metrics

    Estimated valuation£142,680
    Value per m² / sq ft£3,397/m² (£316/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile21st percentile
    National percentile11th 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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