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Apartment 607, 1, Lockgate Square, Salford is recorded publicly as a modern leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 607, 1, Lockgate Square, Salford is £203,561 and its rental estimate is £1,177 per month, given the available information and assuming reasonable condition.
1, Lockgate Square is a residential building on Lockgate Square, Salford, M5 and falls within the M5 postal district and the borough of Salford.
Apartment 607, 1, Lockgate Square, Salford has a single entry in the Land Registry from October 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Apartment 607, 1, Lockgate Square, Salford, we estimate a market value of £213,739 and a rental value of £1,236 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,312 and £1,095 per month respectively.
Over the last year, Apartment 607, 1, Lockgate Square, Salford has seen its estimated sale value drop by £5,733 (2.8%) and its estimated rental value rise by £45 per month (3.9%). This results in an estimated gross rental yield of 6.9%.
Apartment 607, 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.
The most recent sale of Apartment 607, 1, Lockgate Square, Salford completed on 5th October 2018 at £167,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 23.7% over the period since October 2018.
Over the past 2 years 3 properties similar to Apartment 607, 1, Lockgate Square, Salford have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th March 2025, was Apartment 407, 15, Middlewood Street, Salford, M5 4YW, a leasehold flat which sold for £200,000.
Read more about house prices in M5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 74 addresses on Lockgate Square, Salford, M5, Apartment 607, 1, Lockgate Square, Salford comes out as the 57th largest and the 53rd most expensive in our analysis of the public data.
It is also £2k less expensive than the average property across the M5 district.
From Apartment 607, 1, Lockgate Square, Salford, the nearest station is Salford Central, 600 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 607, 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 607, 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 607, 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 607, 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.