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According to the public record, Apartment 609, 1, Lockgate Square, Salford is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 609, 1, Lockgate Square, Salford is £285,739 and the estimated rental value is £1,316 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.
Apartment 609, 1, Lockgate Square, Salford has a single entry in the Land Registry from November 2019 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.
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 609, 1, Lockgate Square, Salford is in very good condition we estimate a sale value of £300,026 and a rental value of £1,382 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,738 and a rental value of £1,224 per month.
Over the past 12 months, the estimated sale value of Apartment 609, 1, Lockgate Square, Salford has moved down by £9,318 (3.3%), while its estimated rental value has increased by £36 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Apartment 609, 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.
According to HM Land Registry, Apartment 609, 1, Lockgate Square, Salford was last sold on 29th November 2019 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has dropped by 20.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 609, 1, Lockgate Square, Salford within a radius of 280 metres over the last 2 years.
The most recent example is Apartment 509, 15, Middlewood Street, Salford, M5 4YW, a leasehold flat which sold for £345,000 on the 30th January 2025.
Read more about house prices in M5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lockgate Square, Salford, M5 has a total of 74 addresses. According to our analysis of all the public data, Apartment 609, 1, Lockgate Square, Salford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in M5.
The closest station to Apartment 609, 1, Lockgate Square, Salford is Salford Central station, which is 600 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 609, 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 609, 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 609, 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 609, 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.