5, MELVILLE STREET, SALFORD, M7 3DL - £235,000

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

5 MELVILLE STREET is a midsized detached house of 111m². It was last sold for £235,000 in January 2017, which was around 11% below the average January 2017 detached price in the Salford local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

5 MELVILLE STREET Sold Prices

Land registry data shows two sales for 5 MELVILLE STREET 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. One of the two 5 MELVILLE STREET sales was for below the average price, whilst the other was 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
2017 5 JAN	£235,000	£265,426	11% below HPI
2013 28 JUN	£220,000	£189,687	16% above HPI

5 MELVILLE STREET 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 5 MELVILLE STREET sales from June 2013 and January 2017 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 June 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 MELVILLE STREET?

5 MELVILLE STREET is 111m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Salford, based on EPC data. The below chart shows the distribution of detached houses by size in Salford, and where 5 MELVILLE STREET lies on this distribution: 47% of detached houses are smaller than 5 MELVILLE STREET, and 53% of houses are larger. Note that EPC data is not available for all properties in Salford.

5 MELVILLE STREET: Plot and Title Map

5 MELVILLE STREET sits on a plot of roughly 24.5 acres, or 98,987m². The below map shows the location of 5 MELVILLE STREET, 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 5 MELVILLE STREET). 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 5 MELVILLE STREET?

5 MELVILLE STREET is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 5 on MELVILLE STREET.