Apartment 502 Sovereign Point, 31 The Quays

    APARTMENT 502 SOVEREIGN POINT, 31, THE QUAYS, SALFORD, SALFORD, M50 3AX

    This flat/maisonette leasehold property on The Quays last sold in September 2006 for £240,000. Based on price growth in the M50 district since then, its estimated current value is £216,019 — placing it in the 29th percentile nationally and the 60th percentile within M50. The property covers 79 m² (850 sq ft), giving an estimated value of £2,734 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    79 m²

    (850 sq ft)

    Last Sale Price

    £240,000

    Sept 2006

    Estimated Valuation

    £216,019

    Est. £/m²

    £2,734/m²

    £254/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area79 m² (850 sq ft)
    EPC dateMar 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    25 Sept 2006

    £240,000

    18 Apr 2005

    New build

    £240,000

    Key Metrics

    Estimated valuation£216,019
    Value per m² / sq ft£2,734/m² (£254/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile60th percentile
    National percentile29th 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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