Apartment 805 Sovereign Point, 31 The Quays

    APARTMENT 805 SOVEREIGN POINT, 31, THE QUAYS, SALFORD, M50 3AY

    This flat/maisonette leasehold property on The Quays last sold in April 2011 for £175,000. Based on price growth in the M50 district since then, its estimated current value is £244,719 — placing it in the 36th percentile nationally and the 71st percentile within M50. The property covers 97 m² (1,044 sq ft), giving an estimated value of £2,523 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    97 m²

    (1,044 sq ft)

    Last Sale Price

    £175,000

    Apr 2011

    Estimated Valuation

    £244,719

    Est. £/m²

    £2,523/m²

    £234/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area97 m² (1,044 sq ft)
    EPC dateJul 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    14 Apr 2011

    £175,000

    6 Jan 2006

    New build

    £176,000

    Key Metrics

    Estimated valuation£244,719
    Value per m² / sq ft£2,523/m² (£234/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile71st percentile
    National percentile36th 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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