29, MERCHANTS QUAY, SALFORD, M50 3XF - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 MERCHANTS QUAY is a large detached house of 135m², built sometime between 1983 and 1990. It was last sold for £220,000 in August 2005, which was around 13% above the average August 2005 detached price in the Salford local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

29 MERCHANTS QUAY Sold Prices

Land registry data shows two sales for 29 MERCHANTS QUAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Salford local authority area for the corresponding sale date. Both of the two 29 MERCHANTS QUAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 17 AUG	£220,000	£194,198	13% above HPI
1999 20 OCT	£125,000	£79,680	57% above HPI

29 MERCHANTS QUAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 29 MERCHANTS QUAY sales from October 1999 and August 2005 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 1999 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2005 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 29 MERCHANTS QUAY?

29 MERCHANTS QUAY is 135m² according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses in Salford, based on EPC data. The below chart shows the distribution of detached houses by size in Salford, and where 29 MERCHANTS QUAY lies on this distribution: 66% of detached houses are smaller than 29 MERCHANTS QUAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Salford.

29 MERCHANTS QUAY: Plot and Title Map

29 MERCHANTS QUAY sits on a plot of roughly 5.4 acres, or 21,861m². The below map shows the location of 29 MERCHANTS QUAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 29 MERCHANTS QUAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 29 MERCHANTS QUAY?

29 MERCHANTS QUAY is located in SALFORD, in the M50 postcode district. The below map shows the position of No. 29 on MERCHANTS QUAY.