Apartment 1304, Sovereign Point, 31 The Quays, Salford, M50 3AY is a leasehold flat built between 1996-2002. The property offers approximately 1,238 square feet of living space and is situated on the 13th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £667,287 , which equates to approximately £539 per square foot. It was last sold on 29 Mar 2019 for £482,500. Since then, the value has increased by £184,787, representing a 38.3% increase, or approximately 5.7% per year.

The current estimated value of £667,287 is:

  • 63.1% higher than the average property price on The Quays
  • 49.6% higher than the average in the M50 3AY postcode area
  • and 122.7% higher than the average price for Salford as a whole

View sold house prices in M50 3AY

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
1238 sq ft
Tenure
Leasehold
Floor level
13th floor
Price (estimate)
£667,287
Price Per sq ft (estimate)
£539
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 1304, Sovereign Point, 31 The Quays, Salford, Greater Manchester, M50 3AY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Aug 2018.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Oct 2008. The rating of D remains the same, but the energy efficiency score improved by 17.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to room heaters, electric, improving energy efficiency from n/a to very poor.
  • The hot water system was changed from sap05:hot-water to electric immersion, standard tariff, with its energy efficiency improving from n/a to very poor.
  • The roof construction or insulation changed from sap05:roof to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from sap05:walls to system built, as built, insulated (assumed), improving energy efficiency from n/a to good.
  • The windows were upgraded from sap05:windows to fully double glazed.
  • The lighting was updated from sap05:lighting to low energy lighting in all fixed outlets, with efficiency improving from n/a to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to M50 3AY

2 nd / 50
Price Rank
50% higher than average
4 th / 36
Size Rank
25% bigger than average
2 nd / 36
Price Per Sq FT Rank
20% higher than average

Compared to other properties in M50 3AY , this flat's estimated value ranks 2nd out of 50. Based on price per square foot, it ranks 2nd out of 36 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 4th out of 36 properties in its postcode area.

Sale History

Today
£667,287
streetscan.co.uk estimate
+38 %
29 Mar 2019
£482,500
Leasehold
+3.1 %
25 Aug 2015
£468,000
Leasehold
-21.2 %
6 May 2008
£593,750
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 801, Sovereign Point, 31 The Quays, Salford, M50 3AY
rooms: 4
size: 1152 sq ft
sale price: £273,000
sale date: 27 Sep 2013
Apartment 905, Millennium Point, 254 The Quays, Salford, M50 3SE
rooms: 5
size: 1109 sq ft
sale price: £246,000
sale date: 12 Nov 2013

Data Sources

The property at Apartment 1304, Sovereign Point, 31 The Quays, Salford, M50 3AY appears three times in the Land Registry records, with the latest transaction recorded on 29 Mar 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Aug 2018. 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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