62 Merchants Quay, Salford, M50 3XG is a leasehold flat built between 1991-1995. The property offers approximately 775 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £275,716 , which equates to approximately £356 per square foot. It was last sold on 28 Oct 2021 for £250,000. Since then, the value has increased by £25,716, representing a 10.3% increase, or approximately 2.5% per year.

The current estimated value of £275,716 is:

  • 24.9% lower than the average property price on Merchants Quay
  • 30.2% lower than the average in the M50 3XG postcode area
  • and 8.0% lower than the average price for Salford as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 June 2015, the property was recorded as owner-occupied.

View sold house prices in M50 3XG

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
775 sq ft
Tenure
Leasehold
Price (estimate)
£275,716
Price Per sq ft (estimate)
£356
Bedroom Count (estimate)
2 bedrooms

EPC Summary

62 Merchants Quay, Salford, Greater Manchester, M50 3XG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Jun 2015.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Jun 2013. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 36% of fixed outlets to low energy lighting in 20% of fixed outlets, with efficiency changing from average to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to M50 3XG

10 th / 19
Price Rank
30% lower than average
11 th / 16
Size Rank
25% smaller than average
6 th / 16
Price Per Sq FT Rank
7% lower than average

Compared to other properties in M50 3XG , this flat's estimated value ranks 10th out of 19. Based on price per square foot, it ranks 6th out of 16 properties. In terms of size, this home ranks 11th out of 16 properties in its postcode area.

Sale History

Today
£275,716
streetscan.co.uk estimate
+10 %
28 Oct 2021
£250,000
Leasehold
+38.9 %
5 Nov 2015
£179,950
Leasehold
+63.6 %
24 May 2002
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 829 sq ft
sale price: £260,000
sale date: 30 Apr 2024
rooms: 3
size: 743 sq ft
sale price: £239,000
sale date: 19 Nov 2021
rooms: 3
size: 797 sq ft
sale price: £210,000
sale date: 30 Oct 2020
rooms: 3
size: 775 sq ft
sale price: £196,500
sale date: 12 Dec 2017
rooms: 3
size: 743 sq ft
sale price: £200,000
sale date: 27 Jul 2017

Data Sources

The property at 62 Merchants Quay, Salford, M50 3XG appears three times in the Land Registry records, with the latest transaction recorded on 28 Oct 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jun 2015. 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.