Apartment 506 Michigan Point Tower D, 18 Michigan Avenue

    APARTMENT 506 MICHIGAN POINT TOWER D, 18, MICHIGAN AVENUE, SALFORD, M50 2HL

    This flat/maisonette leasehold property on Michigan Avenue last sold in August 2023 for £204,995. Based on price growth in the M50 district since then, its estimated current value is £211,947 — placing it in the 28th percentile nationally and the 58th percentile within M50. The property covers 60 m² (646 sq ft), giving an estimated value of £3,532 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £204,995

    Aug 2023

    Estimated Valuation

    £211,947

    Est. £/m²

    £3,532/m²

    £328/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2023
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area60 m² (646 sq ft)
    EPC dateApr 2023
    WallsAverage thermal transmittance 0.65 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    7 Aug 2023

    New build

    £204,995

    Key Metrics

    Estimated valuation£211,947
    Value per m² / sq ft£3,532/m² (£328/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile58th percentile
    National percentile28th 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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