Apartment 408 Lexington Court, 56 Broadway

    APARTMENT 408 LEXINGTON COURT, 56, BROADWAY, SALFORD, M50 2UG

    This flat/maisonette leasehold property on Broadway last sold in December 2016 for £130,500. Based on price growth in the M50 district since then, its estimated current value is £173,697 — placing it in the 18th percentile nationally and the 37th percentile within M50. The property covers 48 m² (517 sq ft), giving an estimated value of £3,619 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    48 m²

    (517 sq ft)

    Last Sale Price

    £130,500

    Dec 2016

    Estimated Valuation

    £173,697

    Est. £/m²

    £3,619/m²

    £336/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area48 m² (517 sq ft)
    EPC dateJan 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    12 Dec 2016

    £130,500

    Key Metrics

    Estimated valuation£173,697
    Value per m² / sq ft£3,619/m² (£336/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile37th percentile
    National percentile18th 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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