Apartment 1304 Sovereign Point, 31 The Quays

    APARTMENT 1304 SOVEREIGN POINT, 31, THE QUAYS, SALFORD, M50 3AY

    This flat/maisonette leasehold property on The Quays last sold in March 2019 for £482,500. Based on price growth in the M50 district since then, its estimated current value is £564,079 — placing it in the 84th percentile nationally and the 100th percentile within M50. The property covers 115 m² (1,238 sq ft), giving an estimated value of £4,905 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    115 m²

    (1,238 sq ft)

    Last Sale Price

    £482,500

    Mar 2019

    Estimated Valuation

    £564,079

    Est. £/m²

    £4,905/m²

    £456/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area115 m² (1,238 sq ft)
    EPC dateAug 2018
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    29 Mar 2019

    £482,500

    25 Aug 2015

    £468,000

    6 May 2008

    New build

    £593,750

    Key Metrics

    Estimated valuation£564,079
    Value per m² / sq ft£4,905/m² (£456/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile100th percentile
    National percentile84th 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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