Flat 38, The Peninsula Building Kersal Way, Salford, M7 3FT is a leasehold flat built between 1950-1966. The property offers approximately 398 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £85,884 , which equates to approximately £216 per square foot. It was last sold on 26 Nov 2004 for £45,750. Since then, the value has increased by £40,134, representing a 87.7% increase, or approximately 4.2% per year.

The current estimated value of £85,884 is:

  • 33.3% lower than the average property price on Kersal Way
  • 16.3% lower than the average in the M7 3FT postcode area
  • and 71.3% lower than the average price for Salford as a whole

At the most recent EPC inspection on 11 February 2022, the property was recorded as rented.

View sold house prices in M7 3FT

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£85,884
Price Per sq ft (estimate)
£216
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 38, The Peninsula Building Kersal Way, Salford, Greater Manchester, M7 3FT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Feb 2022.

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 14 Jan 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, with external insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 30% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, with external insulation
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to M7 3FT

81 st / 82
Price Rank
16% lower than average
70 th / 74
Size Rank
28% smaller than average
69 th / 74
Price Per Sq FT Rank
17% higher than average

Compared to other properties in M7 3FT , this flat's estimated value ranks 81th out of 82. Based on price per square foot, it ranks 69th 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 70th out of 74 properties in its postcode area.

Sale History

Today
£85,884
streetscan.co.uk estimate
+88 %
26 Nov 2004
£45,750
Leasehold
+83 %
29 Aug 2002
£25,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 409 sq ft
sale price: £69,000
sale date: 5 Apr 2024
rooms: 2
size: 418 sq ft
sale price: £62,500
sale date: 25 Apr 2022
rooms: 2
size: 398 sq ft
sale price: £45,000
sale date: 17 Nov 2017
rooms: 2
size: 431 sq ft
sale price: £70,000
sale date: 8 Aug 2007
rooms: 2
size: 452 sq ft
sale price: £52,000
sale date: 21 Jan 2005

Data Sources

The property at Flat 38, The Peninsula Building Kersal Way, Salford, M7 3FT appears two times in the Land Registry records, with the latest transaction recorded on 26 Nov 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Feb 2022. 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.