307, The Bridge, 40 Dearmans Place, Salford, M3 5EW is a leasehold flat built between 2003-2006. The property offers approximately 969 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £349,806 , which equates to approximately £361 per square foot. It was last sold on 16 Aug 2016 for £220,500. Since then, the value has increased by £129,306, representing a 58.6% increase, or approximately 6.3% per year.

The current estimated value of £349,806 is:

  • 35.8% lower than the average property price on Dearmans Place
  • 4.1% higher than the average in the M3 5EW postcode area
  • and 23.2% higher than the average price for Salford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 19 August 2021, the property was recorded as rented.

View sold house prices in M3 5EW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
969 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£349,806
Price Per sq ft (estimate)
£361
Bedroom Count (estimate)
3 bedrooms

EPC Summary

307, The Bridge, 40 Dearmans Place, Salford, Greater Manchester, M3 5EW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Aug 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Mar 2011. The rating of C is unchanged, though the energy efficiency score decreased by 2.6%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 53% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 53% of fixed outlets
Good

Compared to M3 5EW

45 th / 72
Price Rank
4% higher than average
5 th / 65
Size Rank
30% bigger than average
61 st / 65
Price Per Sq FT Rank
20% lower than average

Compared to other properties in M3 5EW , this flat's estimated value ranks 45th out of 72. Based on price per square foot, it ranks 61th out of 65 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 65 properties in its postcode area.

Sale History

Today
£349,806
streetscan.co.uk estimate
+59 %
16 Aug 2016
£220,500
Leasehold
+19.2 %
2 Aug 2013
£185,000
Leasehold
+5.7 %
17 Jun 2011
£175,000
Leasehold
-13.8 %
1 Oct 2004
£203,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 904 sq ft
sale price: £237,500
sale date: 18 Jun 2024
rooms: 3
size: 980 sq ft
sale price: £250,000
sale date: 30 Jun 2017
rooms: 3
size: 1012 sq ft
sale price: £231,000
sale date: 15 Jun 2017
rooms: 3
size: 947 sq ft
sale price: £195,000
sale date: 25 Jun 2015
rooms: 3
size: 850 sq ft
sale price: £185,000
sale date: 16 Dec 2014

Data Sources

The property at 307, The Bridge, 40 Dearmans Place, Salford, M3 5EW appears four times in the Land Registry records, with the latest transaction recorded on 16 Aug 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Aug 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.