Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Apartment 405, 1, Lockgate Square, Salford to be a modern leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Apartment 405, 1, Lockgate Square, Salford has an estimated sale value of £203,561 and an estimated rental value of £1,177 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.
Apartment 405, 1, Lockgate Square, Salford has 2 entries in the Land Registry , most recently in March 2022 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.
In very good condition, we estimate Apartment 405, 1, Lockgate Square, Salford would be worth £213,739, with a potential rental value of £1,236 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £189,312, with a rental value of £1,095 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Apartment 405, 1, Lockgate Square, Salford has fallen by £5,733 (2.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £45 (3.9%). The property's estimated gross yield is currently 6.9%.
Apartment 405, 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.
Apartment 405, 1, Lockgate Square, Salford last changed hands on 23rd March 2022, selling for £185,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 25.6% since March 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of Apartment 405, 1, Lockgate Square, Salford across the last 2 years.
Most recently, Apartment 407, 15, Middlewood Street, Salford, M5 4YW, a leasehold flat, sold at £200,000 on the 24th March 2025.
Read more about house prices in M5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Apartment 405, 1, Lockgate Square, Salford as the 65th largest and the 61st most expensive of the 74 addresses on Lockgate Square, Salford, M5.
Against the M5 postcode district average, it is £2k less expensive than the typical property.
Salford Central station is the nearest stop to Apartment 405, 1, Lockgate Square, Salford at 600 metres away.
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.
Environment Agency data suggests this area has a very low risk of flooding.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 405, 1, Lockgate Square, Salford, % of property is and % is .
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 405, 1, Lockgate Square, Salford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 405, 1, Lockgate Square, Salford, 0.0% 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 405, 1, Lockgate Square, Salford, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
