Apartment 401, 1
Apartment 401, 1
Description & Estimates
The public record describes Apartment 401, 1, Lockgate Square, Salford as a modern apartment with 742 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Apartment 401, 1, Lockgate Square, Salford has an estimated sale value of £246,462 and an estimated rental value of £1,234 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Lockgate Square, Salford, M5.
Lockgate Square, Salford, M5 lies in the borough of Salford, within the M5 postal district.
Our Data Sources
Apartment 401, 1, Lockgate Square, Salford has no records in the the Land Registry and a single entry in the EPC database dated May 2018.
We combine this information with public data 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
In very good condition, we estimate Apartment 401, 1, Lockgate Square, Salford would be worth £258,786, with a potential rental value of £1,295 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £229,210, with a rental value of £1,147 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 401, 1, Lockgate Square, Salford has moved down by £6,942 (2.8%) over the last year. During the same period, its estimated monthly rental value has increased by £48 (3.9%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Apartment 401, 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.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of Apartment 401, 1, Lockgate Square, Salford across the last 2 years.
Most recently, Apartment 705, 15, Middlewood Street, Salford, M5 4YW, a leasehold flat, sold at £250,000 on the 20th March 2026.
Read more about house prices in M5.
- Sold Mar 2026£250,000 | 2 Bed Flat15, Middlewood StreetApartment 705, 15, Middlewood Street, Salford, M5 4YW
- Sold Oct 2025£285,000 | 2 Bed Flat1, Lockgate SquareApartment 602, 1, Lockgate Square, Salford, M5 4YU
- Sold Nov 2024£305,000 | 2 Bed Flat1, Lockgate SquareApartment 704, 1, Lockgate Square, Salford, M5 4YU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Apartment 401, 1, Lockgate Square, Salford as the 22nd largest and the 22nd most expensive of the 74 addresses on Lockgate Square, Salford, M5.
Against the M5 postcode district average, it is £41k more expensive than the typical property.
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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
Salford Central station is the nearest stop to Apartment 401, 1, Lockgate Square, Salford at 600 metres away.
- 600mSalford Central
- 1.0kmDeansgate
- 1.2kmSalford Crescent
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
