House Prices in M5 House Prices in M5 (Salford)

The average house price in M5 (Salford) is £225,000 using HM Land Registry data.

The average property price decreased by £10,872 (-54.44%) over the last 5 years and decreased by £2,178 (-6.89%) over the last 12 months.

Over the last year, there were 158 residential property sales – a decrease of 53 transactions (-33.54%) relative to the previous year. The majority of house sales (29) were in the £140,000 - £170,000 range. Then came properties in the £170,000 - £200,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 149 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,325 (-3%).

In Oct 24, there were 73 new estate agency instructions, 30 agreed home sales and 73 property price reductions.

5-Year Average Property Prices in M5 (Salford)

54.44%

Property prices in Salford increased by 54.44% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in M5 (Salford) Over the Last Year

6.89%

Property prices in Salford increased by 6.89% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for M5 (Salford) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in M5 (Salford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in M5 (Salford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in M5 (Salford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the M5 (Salford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M5 postcode area since 1995.

Recent Sales in M5 (Salford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 The Mead, Salford, Greater Manchester, M5 5LL£200,000£193,000-£7,00024 Nov 202309 May 2024167 Days
Flat 2, Haddon House, Gore Crescent, Salford, Greater Manchester, M5 5LB£90,000£90,000£0028 Sep 202303 May 2024218 Days
3 James Henry Avenue, Salford, Greater Manchester, M5 3HR£270,000£251,000-£19,00015 Nov 202301 May 2024168 Days
26 Gore Avenue, Salford, Greater Manchester, M5 5LG£260,000£257,500-£2,50026 Sep 202326 Apr 2024213 Days
14 Milton Avenue, Salford, Greater Manchester, M5 5HG£200,000£190,000-£10,00023 Oct 202326 Mar 2024155 Days
Flat 27, Cassandra Court, Asgard Drive, Salford, Greater Manchester, M5 4TW£95,000£87,000-£8,00016 Nov 202315 Mar 2024120 Days
18 Kensington Drive, Salford, Greater Manchester, M5 5LS£225,000£225,000£0011 Dec 202301 Mar 202481 Days
Flat 68, Redmires Court, Eccles New Road, Salford, Greater Manchester, M5 4UT£110,000£105,000-£5,00023 Aug 202323 Feb 2024184 Days
Flat 12, Riddell Court, Sheader Drive, Salford, Greater Manchester, M5 5BW£120,000£118,000-£2,00005 Jun 202331 Jan 2024240 Days
17 Whimberry Close, Salford, Greater Manchester, M5 3WL£200,000£190,000-£10,00016 Oct 202325 Jan 2024101 Days
Flat 48, Knights Court, Canterbury Gardens, Salford, Greater Manchester, M5 5AB£130,000£127,500-£2,50022 Aug 202319 Jan 2024150 Days
229 Liverpool Street, Salford, Greater Manchester, M5 4HS£170,000£170,000£0005 Oct 202315 Jan 2024102 Days
7 Hart Hill Drive, Salford, Greater Manchester, M5 5LX£230,000£225,000-£5,00027 Jul 202308 Dec 2023134 Days
74 Tootal Drive, Salford, Greater Manchester, M5 5ER£210,000£204,000-£6,00030 Mar 202305 Dec 2023250 Days
Apartment 19, Renolds House, Everard Street, Salford, Greater Manchester, M5 4UB£155,000£153,000-£2,00021 Aug 202301 Dec 2023102 Days
5 Little Bolton Terrace, Salford, Greater Manchester, M5 5BD£140,000£140,000£0025 Mar 202322 Nov 2023242 Days
Flat 7, Squires Court, Canterbury Gardens, Salford, Greater Manchester, M5 5AD£120,000£120,000£0028 Mar 202325 Oct 2023211 Days
5 Kensington Drive, Salford, Greater Manchester, M5 5LS£230,000£216,000-£14,00028 Jul 202323 Oct 202387 Days
58 Sugar Mill Square, Salford, Greater Manchester, M5 5EB£110,000£105,000-£5,00008 Jul 202219 Sep 2023438 Days
6 Hart Hill Drive, Salford, Greater Manchester, M5 5LX£260,000£258,000-£2,00002 Jun 202211 Sep 2023466 Days

Most Expensive Streets in M5 (Salford)

PostcodeStreetAreaAverageNo. of Sales
M5 4ZAHulme StreetSalford£419,8614
M5 4NZFire Station SquareSalford£372,0005
M5 4YZGaythorn StreetSalford£364,2033
M5 4ZFHulme StreetSalford£303,70572
M5 4YJWoden StreetSalford£300,27919
M5 4YTLockside LaneSalford£284,33312
M5 4ZDHulme StreetSalford£270,20346
M5 5EZGore CrescentSalford£267,3333
M5 5LNPeveril RoadSalford£264,2857
M5 4YQLockside LaneSalford£261,88121

Least Expensive Streets in M5 (Salford)

PostcodeStreetAreaAverageNo. of Sales
M5 5ADSquires Court, Canterbury GardensSalford£103,1077
M5 5EBSugar Mill SquareSalford£106,73324
M5 4UTRedmires Court, Eccles New RoadSalford£111,54112
M5 4TROlivia Court, Asgard DriveSalford£111,9163
M5 4UNKielder Square, Eccles New RoadSalford£112,2504
M5 5AEReeves Court, Canterbury GardensSalford£114,0003
M5 4UWKielder Square, Eccles New RoadSalford£114,67814
M5 5BUWileman Court, Sheader DriveSalford£115,6005
M5 4ULKielder Square, Eccles New RoadSalford£115,8336
M5 4UJElishaw Row, Eccles New RoadSalford£116,8438

Explore M5 (Salford) using map