Apartment 402 Sovereign Point, 31 The Quays

    APARTMENT 402 SOVEREIGN POINT, 31, THE QUAYS, SALFORD, M50 3AX

    This flat/maisonette leasehold property on The Quays last sold in March 2015 for £249,950. Based on price growth in the M50 district since then, its estimated current value is £396,067 — placing it in the 67th percentile nationally and the 97th percentile within M50. The property covers 85 m² (915 sq ft), giving an estimated value of £4,660 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £249,950

    Mar 2015

    Estimated Valuation

    £396,067

    Est. £/m²

    £4,660/m²

    £433/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area85 m² (915 sq ft)
    EPC dateJul 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    26 Mar 2015

    £249,950

    28 Feb 2005

    New build

    £228,000

    Key Metrics

    Estimated valuation£396,067
    Value per m² / sq ft£4,660/m² (£433/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile97th percentile
    National percentile67th 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

    More properties in M50

    Explore nearby