Apartment 101 Lexington Court, 56 Broadway

    APARTMENT 101 LEXINGTON COURT, 56, BROADWAY, SALFORD, M50 2UG

    This flat/maisonette leasehold property on Broadway last sold in November 2016 for £110,000. Based on price growth in the M50 district since then, its estimated current value is £146,411 — placing it in the 12th percentile nationally and the 22nd percentile within M50. The property covers 51 m² (549 sq ft), giving an estimated value of £2,871 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    51 m²

    (549 sq ft)

    Last Sale Price

    £110,000

    Nov 2016

    Estimated Valuation

    £146,411

    Est. £/m²

    £2,871/m²

    £267/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area51 m² (549 sq ft)
    EPC dateJun 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    30 Nov 2016

    £110,000

    Key Metrics

    Estimated valuation£146,411
    Value per m² / sq ft£2,871/m² (£267/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile22nd percentile
    National percentile12th 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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