M3 5EW is a residential postcode situated on Dearmans Place, Salford, M3 with 71 addresses.
It ranks as the 501st largest and 199th 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 71 properties: 71 flats.
M3 5EW is a residential postcode situated on Dearmans Place, Salford, M3 with 71 addresses.
It ranks as the 501st largest and 199th 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 71 properties: 71 flats.
Sale prices range from £166,071 for 1 bedroom leasehold flats with a balcony (419 ft2) to £272,475 for 3 bedroom leasehold flats with a balcony (1,065 ft2) .
Monthly rental prices range from £1,089 pcm for 1 bed flats to £1,626 pcm for 3 bed flats.
The gross rental yield is between 7.2% and 7.9%.
The average value per square foot is £299.
The last sale in M3 5EW sold for £210,000 on 14th February 2025. Since then prices are up an average of 0.5%.
The current average value in the postcode is £224,508.
The M3 5EW Sales Market has increased by 13.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.4% | £224,508 |
| April 2025 | 0.4% | £227,793 |
| April 2024 | -2.4% | £226,865 |
| April 2023 | 1.1% | £232,340 |
| April 2022 | 7.4% | £229,796 |
| April 2021 | -1.7% | £213,955 |
| April 2020 | 1.1% | £217,740 |
| April 2019 | -2.3% | £215,375 |
| April 2018 | 2.1% | £220,456 |
| April 2017 | 8.7% | £216,027 |
| April 2016 | 10.3% | £198,743 |
| April 2015 | 2.4% | £180,192 |
| April 2014 | 7.2% | £176,022 |
| April 2013 | -0.8% | £164,207 |
| April 2012 | -3.6% | £165,472 |
| April 2011 | 10.1% | £171,652 |
| April 2010 | -6.1% | £155,949 |
| April 2009 | -14.6% | £166,072 |
| April 2008 | -5.9% | £194,576 |
| April 2007 | 0% | £206,873 |
The current average rental value in the postcode is £1,402.
The M3 5EW Rental Market has increased by 29.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,402pcm |
| April 2025 | -0.5% | £1,364pcm |
| April 2024 | 6.3% | £1,371pcm |
| April 2023 | 11% | £1,290pcm |
| April 2022 | 9.7% | £1,161pcm |
| April 2021 | -4.8% | £1,059pcm |
| April 2020 | 2% | £1,112pcm |
| April 2019 | 2.9% | £1,090pcm |
| April 2018 | -5% | £1,059pcm |
| April 2017 | 2.7% | £1,114pcm |
| April 2016 | 5.1% | £1,085pcm |
| April 2015 | 4.5% | £1,033pcm |
| April 2014 | 3.6% | £988pcm |
| April 2013 | 1.9% | £953pcm |
| April 2012 | 3% | £935pcm |
| April 2011 | 4.8% | £908pcm |
| April 2010 | -2% | £866pcm |
| April 2009 | -7.6% | £884pcm |
| April 2008 | -2.4% | £957pcm |
| April 2007 | 0% | £981pcm |
The last sale was on 14th February 2025 for £210,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 137 sales since 1995.
M3 5EW has seen 5 sales in the last three years and no sales in the last twelve months.
M3 5EW is the 501st largest and the 199th most expensive postcode out of the 592 postcodes in the M3 area.
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The closest station to M3 5EW is Salford Central station which is 300 metres away.
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