M3 5JH is a residential postcode situated on Islington Way, Salford, M3 with 11 addresses.
It ranks as the 282nd largest and 294th 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 11 properties: 11 flats.
M3 5JH is a residential postcode situated on Islington Way, Salford, M3 with 11 addresses.
It ranks as the 282nd largest and 294th 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 11 properties: 11 flats.
Sale prices range from £229,378 for 2 bedroom leasehold flats with a balcony (678 ft2) to £275,802 for 3 bedroom leasehold flats with a balcony (957 ft2) .
Monthly rental prices range from £1,439 pcm for 2 bed flats to £1,662 pcm for 3 bed flats.
The gross rental yield is between 7.2% and 7.5%.
The average value per square foot is £316.
The last sale in M3 5JH sold for £285,100 on 21st June 2024. Since then prices have on average remained the same.
The current average value in the postcode is £246,151.
The M3 5JH Sales Market has increased by 12.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.5% | £246,151 |
| April 2025 | 0.6% | £249,975 |
| April 2024 | -1.7% | £248,579 |
| April 2023 | 1.2% | £252,968 |
| April 2022 | 6% | £249,930 |
| April 2021 | -2.4% | £235,855 |
| April 2020 | 2.8% | £241,549 |
| April 2019 | -2.6% | £234,942 |
| April 2018 | 1.8% | £241,206 |
| April 2017 | 8.5% | £236,999 |
| April 2016 | 10.5% | £218,380 |
| April 2015 | 2.8% | £197,565 |
| April 2014 | 7.1% | £192,114 |
| April 2013 | -0.9% | £179,322 |
| April 2012 | -3% | £181,024 |
| April 2011 | 9.2% | £186,535 |
| April 2010 | -3% | £170,889 |
| April 2009 | -16% | £176,206 |
| April 2008 | -5.6% | £209,837 |
| April 2007 | 0% | £222,364 |
The current average rental value in the postcode is £1,508.
The M3 5JH Rental Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,508pcm |
| April 2025 | -0.3% | £1,469pcm |
| April 2024 | 7% | £1,474pcm |
| April 2023 | 10.6% | £1,377pcm |
| April 2022 | 9% | £1,245pcm |
| April 2021 | -5.3% | £1,142pcm |
| April 2020 | 3.6% | £1,206pcm |
| April 2019 | 2% | £1,164pcm |
| April 2018 | -5.1% | £1,141pcm |
| April 2017 | 2.7% | £1,202pcm |
| April 2016 | 5.6% | £1,170pcm |
| April 2015 | 4.6% | £1,108pcm |
| April 2014 | 3.6% | £1,059pcm |
| April 2013 | 1.8% | £1,022pcm |
| April 2012 | 3.2% | £1,004pcm |
| April 2011 | 4.9% | £972pcm |
| April 2010 | 0.4% | £927pcm |
| April 2009 | -8.5% | £923pcm |
| April 2008 | -2.2% | £1,009pcm |
| April 2007 | 0% | £1,032pcm |
The last sale was on 21st June 2024 for £285,100 and since then the market in the area has remained stable. The postcode has had a total of 14 sales since 1995.
M3 5JH has seen 1 sale in the last three years and no sales in the last twelve months.
M3 5JH is the 282nd largest and the 294th most expensive postcode out of the 592 postcodes in the M3 area.
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The closest station to M3 5JH is Salford Central station which is 500 metres away.
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