Apartment 406 Sovereign Point, 31 The Quays

    APARTMENT 406 SOVEREIGN POINT, 31, THE QUAYS, SALFORD, M50 3AX

    This flat/maisonette leasehold property on The Quays last sold in October 2017 for £218,000. Based on price growth in the M50 district since then, its estimated current value is £275,385 — placing it in the 44th percentile nationally and the 82nd percentile within M50. The property covers 60 m² (646 sq ft), giving an estimated value of £4,590 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £218,000

    Oct 2017

    Estimated Valuation

    £275,385

    Est. £/m²

    £4,590/m²

    £426/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area60 m² (646 sq ft)
    EPC dateMay 2016
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    11 Oct 2017

    £218,000

    21 Oct 2008

    £187,000

    14 Jun 2007

    £210,000

    3 Feb 2006

    New build

    £194,750

    Key Metrics

    Estimated valuation£275,385
    Value per m² / sq ft£4,590/m² (£426/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile82nd percentile
    National percentile44th 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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