Apartment 504 Lexington Court, 56 Broadway

    APARTMENT 504 LEXINGTON COURT, 56, BROADWAY, SALFORD, M50 2UG

    This flat/maisonette leasehold property on Broadway last sold in February 2017 for £131,000. Based on price growth in the M50 district since then, its estimated current value is £165,484 — placing it in the 16th percentile nationally and the 32nd percentile within M50. The property covers 49 m² (527 sq ft), giving an estimated value of £3,377 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    49 m²

    (527 sq ft)

    Last Sale Price

    £131,000

    Feb 2017

    Estimated Valuation

    £165,484

    Est. £/m²

    £3,377/m²

    £314/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area49 m² (527 sq ft)
    EPC dateAug 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    10 Feb 2017

    £131,000

    10 Jun 2016

    £108,000

    Key Metrics

    Estimated valuation£165,484
    Value per m² / sq ft£3,377/m² (£314/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile32nd percentile
    National percentile16th 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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