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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
The public record describes 4, Formby Road, Salford as an early-century house with 914 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Formby Road, Salford has an estimated sale value of £193,972 and an estimated rental value of £1,135 per month, assuming reasonable condition and based on the information available.
Formby Road, Salford, M6 lies in the borough of Salford, within the M6 postal district.
4, Formby Road, Salford has no records in the the Land Registry and a single entry in the EPC database dated June 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 4, Formby Road, Salford would be worth £203,671, with a potential rental value of £1,192 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £180,394, with a rental value of £1,055 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 4, Formby Road, Salford has moved down by £626 (0.3%) over the last year. During the same period, its estimated monthly rental value has increased by £57 (5.0%). The property's estimated gross yield is currently 7.0%.
4, Formby Road, Salford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 4, Formby Road, Salford across the last 2 years.
Most recently, 17, Winton Road, Salford, M6 7HR, a freehold house, sold at £180,000 on the 16th November 2023.
Read more about house prices in M6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 4, Formby Road, Salford as the 16th largest and the 16th most expensive of the 21 addresses on Formby Road, Salford, M6.
Against the M6 postcode district average, it is £12k less expensive than the typical property.
Salford Crescent station is the nearest stop to 4, Formby Road, Salford at 2.3 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4, Formby Road, Salford, 57.3% of property is socially rented and 18.5% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Formby Road, Salford, 31.6% of residents are recorded as possessing school level qualifications and 22.4% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Formby Road, Salford, the average age was 31.8 and the most common age was 22.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Formby Road, Salford, 0.3% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Formby Road, Salford, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
