Apartment 501 Millennium Tower, 250 The Quays

    APARTMENT 501 MILLENNIUM TOWER, 250, THE QUAYS, SALFORD, M50 3SA

    This flat/maisonette leasehold property on The Quays last sold in May 2018 for £163,000. Based on price growth in the M50 district since then, its estimated current value is £190,283 — placing it in the 22nd percentile nationally and the 47th percentile within M50. The property covers 31 m² (334 sq ft), giving an estimated value of £6,138 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    31 m²

    (334 sq ft)

    Last Sale Price

    £163,000

    May 2018

    Estimated Valuation

    £190,283

    Est. £/m²

    £6,138/m²

    £570/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area31 m² (334 sq ft)
    EPC dateNov 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric underfloor heating

    Transaction History

    25 May 2018

    £163,000

    9 Apr 2008

    £134,440

    Key Metrics

    Estimated valuation£190,283
    Value per m² / sq ft£6,138/m² (£570/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile47th percentile
    National percentile22nd 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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