House Prices in M7 House Prices in M7 (Salford)

The average house price in M7 (Salford) is £307,062 using HM Land Registry data.

The average property price increased by £90,180 (43.48%) over the last 5 years and increased by £18,069 (5.87%) over the last 12 months.

Over the last year, there were 133 residential property sales – a decrease of 42 transactions (-31.58%) relative to the previous year. The majority of house sales (40) were in the £80,000 - £186,000 range. Then came properties in the £186,000 - £292,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 115 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,344 (-2%).

In Dec 24, there were 17 new estate agency instructions, 26 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in M7 (Salford)

43.48%

Property prices in Salford increased by 43.48% 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 M7 (Salford) Over the Last Year

5.87%

Property prices in Salford increased by 5.87% 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 M7 (Salford) - Dec 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 M7 (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 M7 (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 M7 (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 M7 (Salford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M7 postcode area since 1995.

Recent Sales in M7 (Salford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Hafton Road, Salford, Greater Manchester, M7 3TF£170,000£170,000£0028 Mar 202418 Oct 2024204 Days
19 Oakwell Drive, Salford, Greater Manchester, M7 4PY£525,000£510,000-£15,00008 Apr 202430 Sep 2024175 Days
8 Matisse Way, Salford, Greater Manchester, M7 3BA£300,000£300,000£0024 May 202423 Aug 202491 Days
43 Cavendish Road, Salford, Greater Manchester, M7 4WP£600,000£500,000-£100,00016 Oct 202322 Aug 2024311 Days
37a, Broom Lane, Salford, Greater Manchester, M7 4FF£475,000£440,000-£35,00025 May 202306 Aug 2024439 Days
20 Norwood Avenue, Salford, Greater Manchester, M7 3PN£350,000£337,500-£12,50029 Jan 202425 Jul 2024178 Days
Coach House, Westfield Street, Salford, Greater Manchester, M7 4NG£475,000£460,000-£15,00005 Mar 202404 Jul 2024121 Days
Flat 14, Park Lane Court, Bury New Road, Salford, Greater Manchester, M7 4LP£220,000£217,500-£2,50015 Nov 202320 May 2024187 Days
7 Oakham Mews, Salford, Greater Manchester, M7 4JP£300,000£300,000£0013 Jun 202317 Apr 2024309 Days
6 New Hall Avenue, Salford, Greater Manchester, M7 4JU£895,000£875,000-£20,00022 Nov 202310 Apr 2024140 Days
275 Littleton Road, Salford, Greater Manchester, M7 3TB£180,000£180,000£0006 Nov 202305 Apr 2024151 Days
50 Hacking Street, Salford, Greater Manchester, M7 4YD£160,000£130,000-£30,00022 Dec 202305 Apr 2024105 Days
72 Heath Avenue, Salford, Greater Manchester, M7 1WJ£190,000£185,000-£5,00030 Aug 202318 Mar 2024201 Days
2 Eastcombe Avenue, Salford, Greater Manchester, M7 3EA£280,000£272,000-£8,00013 Sep 202315 Mar 2024184 Days
14 Ashbourne Grove, Salford, Greater Manchester, M7 4DD£399,950£380,000-£19,95021 Sep 202311 Mar 2024172 Days
21 Eastcombe Avenue, Salford, Greater Manchester, M7 3EA£180,000£180,000£0008 Sep 202323 Feb 2024168 Days
Flat 16, Allanadale Court, Waterpark Road, Salford, Greater Manchester, M7 4JN£199,000£189,100-£9,90007 Jun 202214 Feb 2024617 Days
2 Minoan Gardens, Salford, Greater Manchester, M7 2JL£225,000£220,000-£5,00005 Jun 202301 Feb 2024241 Days
Apartment 1406, City View, Highclere Avenue, Salford, Greater Manchester, M7 4ZU£60,000£58,000-£2,00004 Dec 202023 Jan 20241145 Days
29 Upper Park Road, Salford, Greater Manchester, M7 4JB£775,000£770,000-£5,00012 Oct 202317 Jan 202497 Days

Most Expensive Streets in M7 (Salford)

PostcodeStreetAreaAverageNo. of Sales
M7 4JEPark LaneSalford£983,7504
M7 4JBUpper Park RoadSalford£699,6878
M7 4WPCavendish RoadSalford£620,0004
M7 4DQNorthumberland StreetSalford£619,6663
M7 4LXSingleton RoadSalford£600,0004
M7 4FFBroom LaneSalford£591,6663
M7 4BGSaltire GardensSalford£568,7504
M7 4QYBury Old RoadSalford£549,1663
M7 3NDThe DriveSalford£530,0004
M7 4HNStanley RoadSalford£461,6663

Least Expensive Streets in M7 (Salford)

PostcodeStreetAreaAverageNo. of Sales
M7 3FTThe Peninsula Building, Kersal WaySalford£69,3005
M7 4ZUCity View, Highclere AvenueSalford£72,20916
M7 3STTilehurst Court, Kersal WaySalford£75,21816
M7 3PAMoor End Court, Bury New RoadSalford£81,8577
M7 3NFMoor LaneSalford£81,98823
M7 3WZMayfield RoadSalford£98,4339
M7 4QWBury Old RoadSalford£98,7378
M7 3NBThe Mount, Vine Street, SalfordSalford£104,3163
M7 3GHHeath View, Kellbrook CrescentSalford£112,2504
M7 3NXRiverview Court, Moor End AvenueSalford£113,4449

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