Apartment 1001 Sovereign Point, 31 The Quays

    APARTMENT 1001 SOVEREIGN POINT, 31, THE QUAYS, SALFORD, M50 3AY

    This flat/maisonette leasehold property on The Quays last sold in December 2009 for £275,000. Based on price growth in the M50 district since then, its estimated current value is £452,308 — placing it in the 74th percentile nationally and the 99th percentile within M50. The property covers 88 m² (947 sq ft), giving an estimated value of £5,140 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    88 m²

    (947 sq ft)

    Last Sale Price

    £275,000

    Dec 2009

    Estimated Valuation

    £452,308

    Est. £/m²

    £5,140/m²

    £478/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 area88 m² (947 sq ft)
    EPC dateJun 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    11 Dec 2009

    £275,000

    Key Metrics

    Estimated valuation£452,308
    Value per m² / sq ft£5,140/m² (£478/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile99th percentile
    National percentile74th 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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