703, The Bridge, 40 Dearmans Place, Salford, M3 5EW is a leasehold flat built between 2003-2006. The property offers approximately 420 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £506,959 , which equates to approximately £1,208 per square foot. It was last sold on 26 Mar 2004 for £216,000. Since then, the value has increased by £290,959, representing a 134.7% increase, or approximately 6.2% per year.

The current estimated value of £506,959 is:

  • 6.9% lower than the average property price on Dearmans Place
  • 50.8% higher than the average in the M3 5EW postcode area
  • and 78.6% higher than the average price for Salford as a whole

At the most recent EPC inspection on 16 September 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
420 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£506,959
Price Per sq ft (estimate)
£1,208
Bedroom Count (estimate)
1 bedroom

EPC Summary

703, 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 16 Sep 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 6 Oct 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 8.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 88% of fixed outlets, with efficiency improving from good to very 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 88% of fixed outlets
Very Good

Compared to M3 5EW

9 th / 72
Price Rank
51% higher than average
65 th / 65
Size Rank
44% smaller than average
1 st / 65
Price Per Sq FT Rank
168% higher than average

Compared to other properties in M3 5EW , this flat's estimated value ranks 9th out of 72. Based on price per square foot, it ranks 1st out of 65 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 65th out of 65 properties in its postcode area.

Sale History

Today
£506,959
streetscan.co.uk estimate
+135 %
26 Mar 2004
£216,000
Leasehold

Area Insights

Nearby Properties

1003, The Bridge, 40 Dearmans Place, Salford, M3 5EW
rooms: 3
size: 775 sq ft
sale price: £210,000
sale date: 14 Feb 2025
905, The Bridge, 40 Dearmans Place, Salford, M3 5EW
rooms: 3
size: 775 sq ft
sale price: £234,500
sale date: 22 Jul 2004
205, The Bridge, 40 Dearmans Place, Salford, M3 5EW
rooms: 3
size: 710 sq ft
sale price: £197,000
sale date: 13 Oct 2008
906, The Bridge, 40 Dearmans Place, Salford, M3 5EW
rooms: 3
size: 764 sq ft
sale price: £227,000
sale date: 5 Aug 2005
406, The Bridge, 40 Dearmans Place, Salford, M3 5EW
rooms: 3
size: 753 sq ft
sale price: £187,500
sale date: 29 Jul 2005

Data Sources

The property at 703, The Bridge, 40 Dearmans Place, Salford, Greater Manchester, M3 5EW appears once in the Land Registry records, with the transaction recorded on 26 Mar 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Sep 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.
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