Apartment 506 Sovereign Point, 31 The Quays

    APARTMENT 506 SOVEREIGN POINT, 31, THE QUAYS, SALFORD, SALFORD, M50 3AX

    This flat/maisonette leasehold property on The Quays last sold in February 2008 for £215,000. Based on price growth in the M50 district since then, its estimated current value is £282,688 — placing it in the 45th percentile nationally and the 84th percentile within M50. The property covers 72 m² (775 sq ft), giving an estimated value of £3,926 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    72 m²

    (775 sq ft)

    Last Sale Price

    £215,000

    Feb 2008

    Estimated Valuation

    £282,688

    Est. £/m²

    £3,926/m²

    £365/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area72 m² (775 sq ft)
    EPC dateOct 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    22 Feb 2008

    £215,000

    14 Jun 2007

    £210,000

    27 Jan 2006

    New build

    £194,750

    Key Metrics

    Estimated valuation£282,688
    Value per m² / sq ft£3,926/m² (£365/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile84th percentile
    National percentile45th 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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