Apartment 1403 Sovereign Point, 31 The Quays

    APARTMENT 1403 SOVEREIGN POINT, 31, THE QUAYS, SALFORD, M50 3AY

    This flat/maisonette leasehold property on The Quays last sold in June 2016 for £296,500. Based on price growth in the M50 district since then, its estimated current value is £394,645 — placing it in the 66th percentile nationally and the 97th percentile within M50. The property covers 117 m² (1,259 sq ft), giving an estimated value of £3,373 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    117 m²

    (1,259 sq ft)

    Last Sale Price

    £296,500

    Jun 2016

    Estimated Valuation

    £394,645

    Est. £/m²

    £3,373/m²

    £313/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 area117 m² (1,259 sq ft)
    EPC dateNov 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    10 Jun 2016

    £296,500

    5 Sept 2005

    New build

    £279,000

    Key Metrics

    Estimated valuation£394,645
    Value per m² / sq ft£3,373/m² (£313/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile97th percentile
    National percentile66th 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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