Apartment 505 Michigan Point Tower B, 11 Michigan Avenue

    APARTMENT 505 MICHIGAN POINT TOWER B, 11, MICHIGAN AVENUE, SALFORD, M50 2HG

    This flat/maisonette leasehold property on Michigan Avenue last sold in May 2019 for £159,950. Based on price growth in the M50 district since then, its estimated current value is £186,994 — placing it in the 21st percentile nationally and the 45th percentile within M50. The property covers 84 m² (904 sq ft), giving an estimated value of £2,226 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    84 m²

    (904 sq ft)

    Last Sale Price

    £159,950

    May 2019

    Estimated Valuation

    £186,994

    Est. £/m²

    £2,226/m²

    £207/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area84 m² (904 sq ft)
    EPC dateApr 2019
    WallsAverage thermal transmittance 0.65 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    9 May 2019

    New build

    £159,950

    Key Metrics

    Estimated valuation£186,994
    Value per m² / sq ft£2,226/m² (£207/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile45th percentile
    National percentile21st 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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