Apartment 403 Lexington Court, 56 Broadway

    APARTMENT 403 LEXINGTON COURT, 56, BROADWAY, SALFORD, M50 2UG

    This flat/maisonette leasehold property on Broadway last sold in June 2016 for £114,500. Based on price growth in the M50 district since then, its estimated current value is £152,401 — placing it in the 13th percentile nationally and the 24th percentile within M50. The property covers 47 m² (506 sq ft), giving an estimated value of £3,243 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    47 m²

    (506 sq ft)

    Last Sale Price

    £114,500

    Jun 2016

    Estimated Valuation

    £152,401

    Est. £/m²

    £3,243/m²

    £301/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area47 m² (506 sq ft)
    EPC dateAug 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    15 Jun 2016

    £114,500

    Key Metrics

    Estimated valuation£152,401
    Value per m² / sq ft£3,243/m² (£301/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile24th percentile
    National percentile13th 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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