Apartment 306, 1
Apartment 306, 1
Description & Estimates
According to the public record, Apartment 306, 1, Lockgate Square, Salford is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 306, 1, Lockgate Square, Salford is £203,561 and the estimated rental value is £1,177 per month.
The apartment is within 1, Lockgate Square, Salford, M5.
Lockgate Square, Salford, M5 is located in the borough of Salford within the M5 postal district.
Our Data Sources
Apartment 306, 1, Lockgate Square, Salford has a single entry in the Land Registry from August 2018 and a single entry in the EPC database dated May 2018.
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.
Price Range & Condition
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 306, 1, Lockgate Square, Salford is in very good condition we estimate a sale value of £213,739 and a rental value of £1,236 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,312 and a rental value of £1,095 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 306, 1, Lockgate Square, Salford has moved down by £5,733 (2.8%), while its estimated rental value has increased by £45 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
Apartment 306, 1, Lockgate Square, Salford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Apartment 306, 1, Lockgate Square, Salford was last sold on 17th August 2018 for £161,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2018, the market for similar properties has dropped by 24.1%.
- Sold Aug 2018£161,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 306, 1, Lockgate Square, Salford within a radius of 280 metres over the last 2 years.
The most recent example is Apartment 407, 15, Middlewood Street, Salford, M5 4YW, a leasehold flat which sold for £200,000 on the 24th March 2025.
Read more about house prices in M5.
- Sold Mar 2025£200,000 | 2 Bed Flat15, Middlewood StreetApartment 407, 15, Middlewood Street, Salford, M5 4YW
- Sold Oct 2023£190,000 | 2 Bed Flat1, Lockgate SquareApartment 705, 1, Lockgate Square, Salford, M5 4YU
- Sold Jul 2023£187,500 | 2 Bed Flat1, Lockgate SquareApartment 207, 1, Lockgate Square, Salford, M5 4YU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lockgate Square, Salford, M5 has a total of 74 addresses. According to our analysis of all the public data, Apartment 306, 1, Lockgate Square, Salford is the 67th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in M5.
More reading links
Schools Nearby
- 300mSt Philip's CofE Primary School
- 900mThe Cathedral School of St Peter and St John RC Primary
- 1.0kmCrown Street Primary School
- 1.5kmOasis Academy MediaCityUK
- 2.0kmThe Albion Academy
- 2.2kmTrinity CofE High School
More reading links
Public Transport Nearby
The closest station to Apartment 306, 1, Lockgate Square, Salford is Salford Central station, which is 600 metres away.
- 600mSalford Central
- 1.0kmDeansgate
- 1.2kmSalford Crescent
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
