M3 5AX is a residential postcode situated on New Bailey Street, Salford, M3 with 52 addresses.
It ranks as the 423rd largest and 75th most expensive of the 592 postcodes in the M3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 52 properties: 52 flats.
M3 5AX is a residential postcode situated on New Bailey Street, Salford, M3 with 52 addresses.
It ranks as the 423rd largest and 75th most expensive of the 592 postcodes in the M3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 52 properties: 52 flats.
Sale prices range from £145,742 for 1 bedroom leasehold flats (409 ft2) to £233,061 for 2 bedroom leasehold flats (699 ft2) .
Monthly rental prices range from £976 pcm for 1 bed flats to £1,399 pcm for 2 bed flats.
The gross rental yield is between 7.2% and 8.1%.
The average value per square foot is £318.
The last sale in M3 5AX sold for £124,000 on 3rd October 2025. Since then prices are up an average of 6.0%.
The current average value in the postcode is £174,237.
The M3 5AX Sales Market has increased by 17.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.7% | £174,237 |
| April 2025 | 0.9% | £177,244 |
| April 2024 | -1.9% | £175,596 |
| April 2023 | 2.3% | £178,964 |
| April 2022 | 7.6% | £175,019 |
| April 2021 | -0.8% | £162,598 |
| April 2020 | -0.1% | £163,876 |
| April 2019 | -1.6% | £164,063 |
| April 2018 | 2.3% | £166,799 |
| April 2017 | 9.8% | £163,062 |
| April 2016 | 10.3% | £148,549 |
| April 2015 | 2.5% | £134,618 |
| April 2014 | 6.8% | £131,375 |
| April 2013 | -0.7% | £122,978 |
| April 2012 | -3.5% | £123,845 |
| April 2011 | 8.9% | £128,304 |
| April 2010 | -7.1% | £117,847 |
| April 2009 | -14.1% | £126,896 |
| April 2008 | -5.7% | £147,726 |
| April 2007 | 0% | £156,667 |
The current average rental value in the postcode is £1,142.
The M3 5AX Rental Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,142pcm |
| April 2025 | 0.1% | £1,114pcm |
| April 2024 | 6.8% | £1,113pcm |
| April 2023 | 11.7% | £1,041pcm |
| April 2022 | 10.7% | £932pcm |
| April 2021 | -3.7% | £842pcm |
| April 2020 | 0.7% | £875pcm |
| April 2019 | 3% | £869pcm |
| April 2018 | -4.6% | £844pcm |
| April 2017 | 3.9% | £884pcm |
| April 2016 | 5.5% | £851pcm |
| April 2015 | 4.3% | £807pcm |
| April 2014 | 3.3% | £774pcm |
| April 2013 | 2% | £749pcm |
| April 2012 | 2.7% | £734pcm |
| April 2011 | 4.6% | £715pcm |
| April 2010 | -3.9% | £683pcm |
| April 2009 | -6.4% | £711pcm |
| April 2008 | -2.3% | £760pcm |
| April 2007 | 0% | £777pcm |
The last sale was on 3rd October 2025 for £124,000 and since then the market in the area has increased by 6.0%. The postcode has had a total of 91 sales since 1995.
M3 5AX has seen 6 sales in the last three years and 1 sale in the last twelve months.
M3 5AX is the 423rd largest and the 75th most expensive postcode out of the 592 postcodes in the M3 area.
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The closest station to M3 5AX is Salford Central station which is 100 metres away.
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