Apartment 1002, Sovereign Point, 31 The Quays, Salford, M50 3AY is a leasehold flat built between 2003-2006. The property offers approximately 947 square feet of living space and is situated on the 9th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £384,615 , which equates to approximately £406 per square foot. It was last sold on 9 Dec 2016 for £250,000. Since then, the value has increased by £134,615, representing a 53.8% increase, or approximately 6.0% per year.

The current estimated value of £384,615 is:

  • 6.0% lower than the average property price on The Quays
  • 13.8% lower than the average in the M50 3AY postcode area
  • and 28.4% higher than the average price for Salford as a whole

At the most recent EPC inspection on 20 April 2009, the property was recorded as owner-occupied.

View sold house prices in M50 3AY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
947 sq ft
Tenure
Leasehold
Floor level
9th floor
Price (estimate)
£384,615
Price Per sq ft (estimate)
£406
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 1002, Sovereign Point, 31 The Quays, Salford, Greater Manchester, M50 3AY has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 29 May 2019.

This property uses electric storage 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 20 Apr 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 9%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 15% of fixed outlets to low energy lighting in 56% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Electric storage heaters
Average
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 56% of fixed outlets
Good

Compared to M50 3AY

40 th / 50
Price Rank
14% lower than average
20 th / 36
Size Rank
5% smaller than average
32 nd / 36
Price Per Sq FT Rank
10% lower than average

Compared to other properties in M50 3AY , this flat's estimated value ranks 40th out of 50. Based on price per square foot, it ranks 32th out of 36 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 20th out of 36 properties in its postcode area.

Sale History

Today
£384,615
streetscan.co.uk estimate
+54 %
9 Dec 2016
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1023 sq ft
sale price: £343,000
sale date: 1 Oct 2024
rooms: 3
size: 1044 sq ft
sale price: £315,000
sale date: 14 Jun 2017
rooms: 3
size: 883 sq ft
sale price: £305,000
sale date: 30 Nov 2016
rooms: 3
size: 833 sq ft
sale price: £295,000
sale date: 6 Apr 2016
rooms: 3
size: 984 sq ft
sale price: £249,950
sale date: 12 Dec 2013

Data Sources

The property at Apartment 1002, Sovereign Point, 31 The Quays, Salford, Greater Manchester, M50 3AY appears once in the Land Registry records, with the transaction recorded on 9 Dec 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 May 2019. 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.