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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Apartment 12, The Study 115, Salford is a period leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 12, The Study 115, Salford is £78,035 and the estimated rental value is £630 per month.
The apartment is within The Study, Pendleton Way, Salford, M6.
Pendleton Way, Salford, M6 is located in the borough of Salford within the M6 postal district.
Apartment 12, The Study 115, Salford has 5 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Apartment 12, The Study 115, Salford is in very good condition we estimate a sale value of £81,936 and a rental value of £662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,572 and a rental value of £586 per month.
Over the last 12 months the sale value of Apartment 12 The Study 115 Salford has decreased by an estimated £582 (0.7%) and its rental value has increased by an estimated £17 per month (2.7%), giving an expected gross yield of 9.7%.
Apartment 12, The Study 115, Salford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, Apartment 12, The Study 115, Salford was last sold on 19th January 2021 for £73,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since January 2021, the market for similar properties has risen 32.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 12, The Study 115, Salford within a radius of 450 metres over the last 2 years.
The most recent example is Apartment 4, The Study 115, Pendleton Way, Salford, M6 5BR, a leasehold flat which sold for £70,000 on the 7th June 2023.
Read more about house prices in M6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pendleton Way, Salford, M6 has a total of 12 addresses. According to our analysis of all the public data, Apartment 12, The Study 115, Salford is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in M6.
The closest station to Apartment 12, The Study 115, Salford is Salford Crescent station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 12, The Study 115, Salford, 44.0% of property is socially rented and 27.1% is privately rented.
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 Apartment 12, The Study 115, Salford, 23.6% of residents are recorded as possessing school level qualifications and 26.4% 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 Apartment 12, The Study 115, 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 Apartment 12, The Study 115, Salford, 0.6% 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 Apartment 12, The Study 115, 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.
