Flat 107, The Peninsula Building Kersal Way, Salford, M7 3FT is a leasehold flat built between 1967-1975. The property offers approximately 850 square feet of living space and is situated on the 11th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £75,949 , which equates to approximately £89 per square foot. It was last sold on 23 Sep 2024 for £75,000. Since then, the value has increased by £949, representing a 1.3% increase, or approximately 1.0% per year.

The current estimated value of £75,949 is:

  • 41.0% lower than the average property price on Kersal Way
  • 26.0% lower than the average in the M7 3FT postcode area
  • and 74.6% lower than the average price for Salford as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 29 March 2023, the property was recorded as rented.

View sold house prices in M7 3FT

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
850 sq ft
Tenure
Leasehold
Floor level
11th floor
Price (estimate)
£75,949
Price Per sq ft (estimate)
£89
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 107, The Peninsula Building Kersal Way, Salford, Greater Manchester, M7 3FT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Mar 2023.

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 27 Feb 2023, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 54.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to M7 3FT

2 nd / 82
Price Rank
26% lower than average
1 st / 74
Size Rank
53% bigger than average
60 th / 74
Price Per Sq FT Rank
52% lower than average

Compared to other properties in M7 3FT , this flat's estimated value ranks 2nd out of 82. Based on price per square foot, it ranks 60th out of 74 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 74 properties in its postcode area.

Sale History

Today
£75,949
streetscan.co.uk estimate
+1 %
23 Sep 2024
£75,000
Leasehold
+85.2 %
26 May 1995
£40,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 732 sq ft
sale price: £102,880
sale date: 21 Nov 2022
rooms: 3
size: 753 sq ft
sale price: £68,000
sale date: 7 Jan 2016
rooms: 3
size: 818 sq ft
sale price: £66,500
sale date: 14 Nov 2014
rooms: 3
size: 793 sq ft
sale price: £70,000
sale date: 14 Nov 2014
rooms: 3
size: 743 sq ft
sale price: £35,250
sale date: 24 Jan 1997

Data Sources

The property at Flat 107, The Peninsula Building Kersal Way, Salford, M7 3FT appears two times in the Land Registry records, with the latest transaction recorded on 23 Sep 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Mar 2023. 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.


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