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Salford House Prices Salford House Prices

The average house price in Salford is £245,638 using HM Land Registry data.

The average property price increased by £74,855 (40.91%) over the last 5 years and increased by £14,960 (6.16%) over the last 12 months.

Over the last year, there were 833 residential property sales – a decrease of 539 transactions (-64.71%) relative to the previous year. The majority of house sales (179) were in the £198,000 - £242,000 range. Then came properties in the £154,000 - £198,000 range, where 170 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,280 (-2%).

In April 2024, there were 208 new estate agency instructions, 145 agreed home sales and 137 property price reductions.

Neighbouring Areas: Prestwich, Clifton (Greater Manchester), Swinton (Greater Manchester), Eccles, Manchester, Old Trafford

Postcodes Covered: M16, M25, M27, M3, M5, M50, M6, M7, M8

5-Year Average Property Prices in Salford

40.91%

Property prices in Salford increased by 40.91% 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 Salford Over the Last Year

6.16%

Property prices in Salford increased by 6.16% 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 Salford - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 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 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 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 Salford since 1995

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

Recent Property Sales in Salford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
51 Pevensey Road, Salford, Greater Manchester, M6 7HZ£150,000£150,000£0017 Nov 202301 Mar 2024105 Days
5 Hawthorn Drive, Salford, Greater Manchester, M6 8FU£300,000£255,000-£45,00002 Jun 202306 Feb 2024249 Days
2 Minoan Gardens, Salford, Greater Manchester, M7 2JL£225,000£220,000-£5,00005 Jun 202301 Feb 2024241 Days
17 Whimberry Close, Salford, Greater Manchester, M5 3WL£200,000£190,000-£10,00016 Oct 202325 Jan 2024101 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
7 Strawberry Road, Salford, Greater Manchester, M6 6PT£85,000£82,000-£3,00013 Sep 202117 Jan 2024856 Days
109 Swinton Park Road, Salford, Greater Manchester, M6 7PB£180,000£180,000£0014 Apr 202315 Jan 2024276 Days
6 Wortley Avenue, Salford, Greater Manchester, M6 8DB£210,000£200,000-£10,00025 Sep 202305 Jan 2024102 Days
2 Picton Close, Salford, Greater Manchester, M3 6BE£290,000£285,000-£5,00003 May 202312 Dec 2023223 Days
123 Meadowgate Road, Salford, Greater Manchester, M6 8EN£190,000£185,000-£5,00007 Jun 202308 Dec 2023184 Days
32 Dronfield Road, Salford, Greater Manchester, M6 7FN£195,000£185,000-£10,00028 Aug 202307 Dec 2023101 Days
74 Tootal Drive, Salford, Greater Manchester, M5 5ER£210,000£204,000-£6,00030 Mar 202305 Dec 2023250 Days
2 Tuscany View, Salford, Greater Manchester, M7 3TX£450,000£442,000-£8,00028 Apr 202301 Dec 2023217 Days
37 Light Oaks Road, Salford, Greater Manchester, M6 8NQ£250,000£250,000£0024 Jul 202301 Dec 2023130 Days
Apartment 19, Renolds House, Everard Street, Salford, Greater Manchester, M5 4UB£155,000£153,000-£2,00021 Aug 202301 Dec 2023102 Days
Apartment 228, Quebec Building, Bury Street, Salford, Greater Manchester, M3 7DU£170,000£155,963-£14,03717 May 202330 Nov 2023197 Days
Flat 33, Trinity Court, Cleminson Street, Salford, Greater Manchester, M3 6DX£179,950£175,000-£4,95025 Jul 202329 Nov 2023127 Days
5 Little Bolton Terrace, Salford, Greater Manchester, M5 5BD£140,000£140,000£0025 Mar 202322 Nov 2023242 Days
2 Gosport Square, Salford, Greater Manchester, M7 1LZ£175,000£172,500-£2,50021 Sep 202220 Nov 2023425 Days

Most Expensive Streets in Salford

PostcodeStreetAreaAverageNo. of Sales
M7 4JEPark LaneSalford£1,006,6663
M7 4JBUpper Park RoadSalford£699,6878
M7 4WPCavendish RoadSalford£660,0003
M7 4DQNorthumberland StreetSalford£619,6663
M6 8QQEccles Old RoadSalford£600,0004
M7 4LXSingleton RoadSalford£596,6663
M7 4BGSaltire GardensSalford£568,7504
M6 8WLLight Oaks RoadSalford£543,7504
M3 6AYSt Stephen StreetSalford£484,1666
M6 8GWLullington RoadSalford£468,1575

Least Expensive Streets in Salford

PostcodeStreetAreaAverageNo. of Sales
M3 5JZChapel StreetSalford£53,7504
M6 6LSBroughton RoadSalford£62,7504
M7 3FTThe Peninsula BuildingKersal Way£64,2779
M6 6JNFrederick RoadSalford£67,6663
M6 5BRPendleton WaySalford£69,7504
M7 4ZUCity ViewHighclere Avenue£71,69015
M7 3STTilehurst CourtKersal Way£73,37516
M3 6DDX1 Town HallBexley Square£77,9005
M6 6GZFrederick RoadSalford£79,8059
M7 3PAMoor End CourtBury New Road£80,5628

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