Apartment 1502 Sovereign Point, 31 The Quays

    APARTMENT 1502 SOVEREIGN POINT, 31, THE QUAYS, SALFORD, M50 3AY

    This flat/maisonette leasehold property on The Quays last sold in April 2016 for £295,000. Based on price growth in the M50 district since then, its estimated current value is £392,649 — placing it in the 66th percentile nationally and the 97th percentile within M50. The property covers 121 m² (1,302 sq ft), giving an estimated value of £3,245 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    121 m²

    (1,302 sq ft)

    Last Sale Price

    £295,000

    Apr 2016

    Estimated Valuation

    £392,649

    Est. £/m²

    £3,245/m²

    £301/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 area121 m² (1,302 sq ft)
    EPC dateApr 2015
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    6 Apr 2016

    £295,000

    2 Aug 2010

    £270,000

    22 Jun 2006

    New build

    £260,000

    Key Metrics

    Estimated valuation£392,649
    Value per m² / sq ft£3,245/m² (£301/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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