115 Merchants Quay

    115, MERCHANTS QUAY, SALFORD, M50 3XQ

    This terraced leasehold property on Merchants Quay last sold in November 2019 for £427,000. Based on price growth in the M50 district since then, its estimated current value is £280,580 — placing it in the 45th percentile nationally and the 83rd percentile within M50. The property covers 148 m² (1,593 sq ft), giving an estimated value of £1,896 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    148 m²

    (1,593 sq ft)

    Last Sale Price

    £427,000

    Nov 2019

    Estimated Valuation

    £280,580

    Est. £/m²

    £1,896/m²

    £176/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area148 m² (1,593 sq ft)
    EPC dateSept 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Nov 2019

    £427,000

    27 Jun 2002

    £59,000

    6 Jun 2000

    £100,000

    Key Metrics

    Estimated valuation£280,580
    Value per m² / sq ft£1,896/m² (£176/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M50 district percentile83rd percentile
    National percentile45th 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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