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The public record describes Apartment 504, 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 504, 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.
Apartment 504, 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.
In very good condition, we estimate Apartment 504, 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.
The estimated sale value of Apartment 504, 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%.
Apartment 504, 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.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of Apartment 504, 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Apartment 504, 1, Lockgate Square, Salford as the 19th largest and the 19th 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.
Salford Central station is the nearest stop to Apartment 504, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 504, 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 504, 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 504, 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 504, 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.