Apartment 503 Sovereign Point, 31 The Quays

    APARTMENT 503 SOVEREIGN POINT, 31, THE QUAYS, SALFORD, M50 3AX

    This flat/maisonette leasehold property on The Quays last sold in May 2014 for £250,000. Based on price growth in the M50 district since then, its estimated current value is £439,424 — placing it in the 73rd percentile nationally and the 98th percentile within M50. The property covers 98 m² (1,055 sq ft), giving an estimated value of £4,484 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    98 m²

    (1,055 sq ft)

    Last Sale Price

    £250,000

    May 2014

    Estimated Valuation

    £439,424

    Est. £/m²

    £4,484/m²

    £417/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area98 m² (1,055 sq ft)
    EPC dateJan 2014
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    13 May 2014

    £250,000

    5 Apr 2005

    New build

    £268,000

    Key Metrics

    Estimated valuation£439,424
    Value per m² / sq ft£4,484/m² (£417/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile98th percentile
    National percentile73rd 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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