707, The Bridge, 40 Dearmans Place, Salford, M3 5EW is a leasehold flat built between 1991-1995. The property offers approximately 1,066 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £375,089 , which equates to approximately £352 per square foot. It was last sold on 4 Sep 2014 for £199,950. Since then, the value has increased by £175,139, representing a 87.6% increase, or approximately 7.7% per year.

The current estimated value of £375,089 is:

  • 31.1% lower than the average property price on Dearmans Place
  • 11.6% higher than the average in the M3 5EW postcode area
  • and 32.1% higher than the average price for Salford as a whole

At the most recent EPC inspection on 16 February 2020, the property was recorded as owner-occupied.

View sold house prices in M3 5EW

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
1066 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£375,089
Price Per sq ft (estimate)
£352
Bedroom Count (estimate)
3 bedrooms

EPC Summary

707, 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 Feb 2020.

This property uses electric room heaters as its main heating source. An electric heat pump dedicated to water heating is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Oct 2008, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 24.2%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric heat pump for water heating only, with its energy efficiency improving from very poor to poor.
  • 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 no low energy lighting to low energy lighting in 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric heat pump for water heating only
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to M3 5EW

48 th / 72
Price Rank
12% higher than average
1 st / 65
Size Rank
43% bigger than average
65 th / 65
Price Per Sq FT Rank
22% lower than average

Compared to other properties in M3 5EW , this flat's estimated value ranks 48th out of 72. Based on price per square foot, it ranks 65th 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 1st out of 65 properties in its postcode area.

Sale History

Today
£375,089
streetscan.co.uk estimate
+88 %
4 Sep 2014
£199,950
Leasehold
+16.9 %
15 Sep 2004
£171,000
Leasehold

Area Insights

Similar Properties Sold Nearby

1007, The Bridge, 40 Dearmans Place, Salford, M3 5EW
rooms: 3
size: 980 sq ft
sale price: £250,000
sale date: 30 Jun 2017
207, The Bridge, 40 Dearmans Place, Salford, M3 5EW
rooms: 3
size: 1012 sq ft
sale price: £231,000
sale date: 15 Jun 2017
307, The Bridge, 40 Dearmans Place, Salford, M3 5EW
rooms: 3
size: 969 sq ft
sale price: £220,500
sale date: 16 Aug 2016
407, The Bridge, 40 Dearmans Place, Salford, M3 5EW
rooms: 3
size: 947 sq ft
sale price: £195,000
sale date: 25 Jun 2015
807, The Bridge, 40 Dearmans Place, Salford, M3 5EW
rooms: 3
size: 980 sq ft
sale price: £243,000
sale date: 31 Mar 2005

Data Sources

The property at 707, The Bridge, 40 Dearmans Place, Salford, M3 5EW appears two times in the Land Registry records, with the latest transaction recorded on 4 Sep 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Feb 2020. 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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