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Property Price Trends
M3 5FG
What are the historical property price trends?
Explore the yearly trends in property prices for the M3 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
M3
Most Expensive Property
£11,000,000
Cardinal House, 20 First Floor St Marys Parsonage, M3 2LY
Sold: 27 July 2023
Cheapest Property
£7,500
Wilson Building, 43 Flat 708 Potato Wharf, M3 4NX
Sold: 06 April 2022
£249,000
The average house price in Salford was £249,000 in November 2024 (provisional), up 7.1% from November 2023. This was higher than the rise in the North West (5.7%) over the same period.
£1,088
Private rents rose to an average of £1,088 in December 2024, an annual increase of 9.9% from £990 in December 2023. This was higher than the rise in the North West (9.6%) over the year.
£220,000
The average price paid by first-time buyers was £220,000 in November 2024 (provisional). This was 7.5% higher than the average of £205,000 in November 2023 (revised).
£259,000
For homes bought with a mortgage, the average house price was £259,000 in November 2024 (provisional). This was 6.8% higher than the average of £243,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Salford, E08000006). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in M3 5FG?
The graph below shows the five-year capital growth figures for properties for the M3 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in M3 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Lancashire?
Homebuyers
For homebuyers in Lancashire, the property market is showing steady growth in house prices with an average price of £179,052 according to the latest data. Popular areas for homebuyers include Preston (PR1, PR2) and Lancaster (LA1, LA2) where house prices are rising at a slightly higher rate due to increased demand. Availability of homes remains relatively high in Lancashire, providing homebuyers with a variety of options to choose from. Investors looking to purchase property for buy-to-let purposes may find good opportunities in Blackburn (BB1, BB2) and Blackpool (FY1, FY2) where rental demand is strong.
Renters
Rent prices in Lancashire have been increasing steadily, with the average rent for a two-bedroom property now standing at £700 per month. Popular rental areas include Burnley (BB10, BB11) and Chorley (PR6, PR7) where rental stock is in high demand. Availability of rental properties remains relatively low in some areas, so renters may need to act quickly when a suitable property becomes available. Investors looking to purchase property for rental purposes may find good opportunities in Accrington (BB5) and Morecambe (LA4) where rental yields are favourable.
Investors
For investors in Lancashire, the property market offers good opportunities for high rental yields and capital growth. The average rental yield in Lancashire is currently at 4.5%, making it an attractive option for those looking to invest in buy-to-let properties. Popular areas for investors include Blackburn (BB2, BB3) and Blackpool (FY3, FY4) where rental demand is high and house prices are relatively affordable. Availability of rental properties in these areas is also good, providing investors with a range of options to choose from. Overall, the property market in Lancashire is showing positive trends for investors looking to capitalize on the rental market.
Homebuyers
For homebuyers in Lancashire, the property market is showing steady growth in house prices with an average price of £179,052 according to the latest data. Popular areas for homebuyers include Preston (PR1, PR2) and Lancaster (LA1, LA2) where house prices are rising at a slightly higher rate due to increased demand. Availability of homes remains relatively high in Lancashire, providing homebuyers with a variety of options to choose from. Investors looking to purchase property for buy-to-let purposes may find good opportunities in Blackburn (BB1, BB2) and Blackpool (FY1, FY2) where rental demand is strong.
Renters
Rent prices in Lancashire have been increasing steadily, with the average rent for a two-bedroom property now standing at £700 per month. Popular rental areas include Burnley (BB10, BB11) and Chorley (PR6, PR7) where rental stock is in high demand. Availability of rental properties remains relatively low in some areas, so renters may need to act quickly when a suitable property becomes available. Investors looking to purchase property for rental purposes may find good opportunities in Accrington (BB5) and Morecambe (LA4) where rental yields are favourable.
Investors
For investors in Lancashire, the property market offers good opportunities for high rental yields and capital growth. The average rental yield in Lancashire is currently at 4.5%, making it an attractive option for those looking to invest in buy-to-let properties. Popular areas for investors include Blackburn (BB2, BB3) and Blackpool (FY3, FY4) where rental demand is high and house prices are relatively affordable. Availability of rental properties in these areas is also good, providing investors with a range of options to choose from. Overall, the property market in Lancashire is showing positive trends for investors looking to capitalize on the rental market.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for M3 5FG
Estimated yield for property investors
%
Yield
The estimated yield for the M3 5FG postcode area is %, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in M3 5FG?
The recently sold properties table lists homes around M3 5FG that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 11 December 2023 | £148,500 | City Heights Flat 1308 Victoria Bridge Street, Salford, M3 5AS | Flat/Maisonette | Leasehold |
| 13 October 2023 | £382,000 | 11 South William Street, Salford, M3 5DQ | Terraced | Leasehold |
| 27 October 2023 | £320,000 | 32 Apartment 1202 Quay Street, Salford, M3 5GD | Flat/Maisonette | Leasehold |
| 01 February 2022 | £264,792 | 29 Apartment 1403 New Bailey Street, Salford, M3 5GP | Flat/Maisonette | Leasehold |
| 17 August 2022 | £256,123 | 29 Apartment 1405 New Bailey Street, Salford, M3 5GP | Flat/Maisonette | Leasehold |
| 02 February 2024 | £236,000 | 29 Apartment 1205 New Bailey Street, Salford, M3 5GP | Flat/Maisonette | Leasehold |
| 14 January 2022 | £296,749 | 29 Apartment 2008 New Bailey Street, Salford, M3 5GQ | Flat/Maisonette | Leasehold |
| 24 March 2022 | £338,000 | 29 Apartment 2010 New Bailey Street, Salford, M3 5GQ | Flat/Maisonette | Leasehold |
| 25 August 2022 | £198,000 | Novella Apartments, 15 Apartment 702 Stanley Street, Salford, M3 5GU | Flat/Maisonette | Leasehold |
| 13 January 2023 | £400,000 | Novella Apartments, 15 Apartment 2206 Stanley Street, Salford, M3 5GW | Flat/Maisonette | Leasehold |
| 31 March 2022 | £208,208 | Atelier Unit 8 Chapel Street, Salford, M3 5JY | Flat/Maisonette | Leasehold |
| 10 December 2021 | £180,000 | 265 Apartment 232 Chapel Street, Salford, M3 5LA | Flat/Maisonette | Leasehold |
| 11 November 2021 | £243,000 | 265 Apartment 119 Chapel Street, Salford, M3 5LA | Flat/Maisonette | Leasehold |
| 07 January 2022 | £265,000 | 265 Apartment 219 Chapel Street, Salford, M3 5LA | Flat/Maisonette | Leasehold |
| 24 March 2022 | £168,000 | 265 Apartment 123 Chapel Street, Salford, M3 5LA | Flat/Maisonette | Leasehold |
| 18 November 2022 | £399,500 | 5 Barrow Street, Salford, M3 5LF | Terraced | Leasehold |
| 13 January 2023 | £255,000 | 2 Apartment 401 Islington Street, Salford, M3 5LG | Flat/Maisonette | Leasehold |
| 12 November 2021 | £330,000 | 29 North Star Drive, Salford, M3 5LJ | Terraced | Leasehold |
| 12 November 2021 | £330,000 | 35 North Star Drive, Salford, M3 5LJ | Flat/Maisonette | Leasehold |
| 15 November 2021 | £344,000 | 45 North Star Drive, Salford, M3 5LJ | Terraced | Leasehold |
| 19 November 2021 | £335,000 | 33 North Star Drive, Salford, M3 5LJ | Terraced | Leasehold |
| 08 November 2021 | £333,000 | 43 North Star Drive, Salford, M3 5LJ | Terraced | Leasehold |
| 29 September 2023 | £330,000 | The Edge 1 Clowes Street, Salford, M3 5NA | Flat/Maisonette | Leasehold |
| 24 November 2023 | £239,950 | The Edge 68 Clowes Street, Salford, M3 5ND | Flat/Maisonette | Leasehold |
| 15 February 2024 | £315,000 | The Edge 208 Clowes Street, Salford, M3 5NF | Flat/Maisonette | Leasehold |
Nearby sold properties | ||||
| 06 December 2023 | £311,000 | 1 Flat 109 Deansgate, Manchester, M3 1AZ | Flat/Maisonette | Leasehold |
| 27 July 2023 | £11,000,000 | Cardinal House, 20 First Floor St Marys Parsonage, Manchester, M3 2LY | Other | Freehold |
| 23 February 2024 | £310,000 | 12 Apartment 1013 Leftbank, Manchester, M3 3AH | Flat/Maisonette | Leasehold |
| 25 August 2023 | £580,000 | 1 Flat 2504 Regent Road, Manchester, M3 4BE | Flat/Maisonette | Leasehold |
| 27 October 2023 | £310,000 | Great Northern Tower, 1 Flat B 11 6 Watson Street, Manchester, M3 4EH | Flat/Maisonette | Leasehold |
| 23 June 2023 | £180,000 | Great Northern Tower, 1 Flat B 3 5 Watson Street, Manchester, M3 4EP | Flat/Maisonette | Leasehold |
| 17 November 2023 | £205,000 | 12 Ashill Walk, Manchester, M3 4FJ | Semi-Detached | Leasehold |
| 29 February 2024 | £167,000 | 189 Apartment 105 Water Street, Manchester, M3 4JE | Flat/Maisonette | Leasehold |
| 04 March 2024 | £191,000 | 183 Flat 5 Water Street, Manchester, M3 4JU | Flat/Maisonette | Leasehold |
| 06 November 2023 | £310,000 | Beetham Tower, 301 Apartment 4009 Deansgate, Manchester, M3 4LX | Flat/Maisonette | Leasehold |
| 06 November 2023 | £310,000 | Beetham Tower, 301 Apartment 4009 Deansgate, Manchester, M3 4LX | Flat/Maisonette | Leasehold |
| 26 February 2024 | £205,000 | Westpoint, 3 9 Flat 8 Duke Street, Manchester, M3 4NF | Flat/Maisonette | Leasehold |
| 12 May 2022 | £193,500 | Goodwin Building, 41 Flat 306 Potato Wharf, Manchester, M3 4NT | Flat/Maisonette | Leasehold |
| 06 April 2022 | £7,500 | Wilson Building, 43 Flat 708 Potato Wharf, Manchester, M3 4NX | Other | Leasehold |
| 06 April 2022 | £299,420 | Wilson Building, 43 Flat 701 Potato Wharf, Manchester, M3 4NX | Flat/Maisonette | Leasehold |
| 22 April 2022 | £180,000 | Albert Vaults, 169 171 Apartment 25 Chapel Street, Salford, M3 6AD | Flat/Maisonette | Leasehold |
| 30 November 2023 | £145,000 | Fresh, 138 Apartment 202 Chapel Street, Salford, M3 6AF | Flat/Maisonette | Leasehold |
| 15 February 2024 | £136,000 | 3 Velour Close, Salford, M3 6AQ | Semi-Detached | Leasehold |
| 29 November 2023 | £175,000 | Trinity Court Flat 33 Cleminson Street, Salford, M3 6DX | Flat/Maisonette | Leasehold |
| 01 August 2021 | £124,995 | Adelphi Wharf Phase 3 Unit 426 Adelphi Street, Salford, M3 6EN | Flat/Maisonette | Leasehold |
| 23 August 2023 | £175,000 | Knightsbridge Court, 2 Apartment 14 Blackburn Street, Salford, M3 6FY | Flat/Maisonette | Leasehold |
| 02 November 2021 | £199,995 | Adelphi Wharf 2, 9 Apartment 305 Adelphi Street, Salford, M3 6FZ | Flat/Maisonette | Leasehold |
| 06 December 2023 | £152,500 | Adelphi Wharf 2, 9 Apartment 316 Adelphi Street, Salford, M3 6FZ | Flat/Maisonette | Leasehold |
| 09 January 2023 | £240,000 | Block B Alto Apartment 35 Sillavan Way, Salford, M3 6GB | Flat/Maisonette | Leasehold |
| 26 January 2024 | £205,000 | Block D Alto Apartment 5 Sillavan Way, Salford, M3 6GF | Flat/Maisonette | Leasehold |
| 08 March 2024 | £185,000 | Adelphi Wharf 2, 9 Apartment 412 Adelphi Street, Salford, M3 6GG | Flat/Maisonette | Leasehold |
| 05 October 2022 | £150,000 | Block 1 Spectrum Apartment 15 Blackfriars Road, Salford, M3 7BJ | Flat/Maisonette | Leasehold |
| 25 November 2022 | £206,000 | Barnfield House, 1 Apartment 107 Salford Approach, Salford, M3 7BX | Flat/Maisonette | Leasehold |
| 14 July 2023 | £267,000 | Barnfield House, 1 Apartment 502 Salford Approach, Salford, M3 7BX | Flat/Maisonette | Leasehold |
| 24 July 2023 | £262,500 | Block B, 56 Apartment 210 Bury Street, Salford, M3 7DA | Flat/Maisonette | Leasehold |
| 11 July 2023 | £128,000 | Richmond Hill, 52 Apartment 18 St Stephen Street, Salford, M3 7ED | Flat/Maisonette | Leasehold |
| 26 July 2023 | £162,000 | Delta Point, 74 Apartment 45 Blackfriars Road, Salford, M3 7EL | Flat/Maisonette | Leasehold |
| 26 July 2023 | £162,000 | Delta Point, 74 Apartment 45 Blackfriars Road, Salford, M3 7EL | Flat/Maisonette | Leasehold |
| 18 September 2020 | £400,000 | 10 Senior Lane, Salford, M3 7FE | Terraced | Leasehold |
| 12 February 2024 | £365,000 | 52 Springfield Lane, Salford, M3 7FH | Terraced | Leasehold |
| 26 February 2024 | £175,000 | 2 Apartment 103 New Kings Head Yard, Salford, M3 7GH | Flat/Maisonette | Leasehold |
| 21 February 2022 | £189,742 | 2 Apartment 809 New Kings Head Yard, Salford, M3 7GJ | Flat/Maisonette | Leasehold |
| 12 July 2023 | £275,000 | 3 Apartment 302 New Kings Head Yard, Salford, M3 7GN | Flat/Maisonette | Leasehold |
| 05 September 2022 | £235,286 | 55 Apartment 115 Queen Street, Salford, M3 7GW | Flat/Maisonette | Leasehold |
| 02 September 2022 | £104,000 | Abito, 85 Apartment 527 Greengate, Salford, M3 7ND | Flat/Maisonette | Leasehold |
| 13 May 2022 | £105,000 | Abito, 85 Apartment 524 Greengate, Salford, M3 7ND | Flat/Maisonette | Leasehold |
| 16 February 2024 | £130,000 | Abito, 85 Apartment 432 Greengate, Salford, M3 7ND | Flat/Maisonette | Leasehold |
| 13 March 2024 | £150,000 | Abito, 85 Apartment 501 Greengate, Salford, M3 7ND | Flat/Maisonette | Leasehold |
| 29 September 2022 | £115,000 | Abito, 85 Apartment 808 Greengate, Salford, M3 7NE | Flat/Maisonette | Leasehold |
| 19 April 2023 | £94,616 | City Suites, 16 Apartment 1313 Chapel Street, Salford, M3 7NH | Flat/Maisonette | Leasehold |
Please note that house prices for properties sold in and around M3 5FG during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
