M5 3GZ is a residential postcode situated on Phoebe Street, Salford, M5 with 30 addresses.
It ranks as the 894th largest and 303rd most expensive of the 1,289 postcodes in the M5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 30 properties: 30 flats.
M5 3GZ is a residential postcode situated on Phoebe Street, Salford, M5 with 30 addresses.
It ranks as the 894th largest and 303rd most expensive of the 1,289 postcodes in the M5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 30 properties: 30 flats.
Sale prices range from £147,693 for 2 bedroom leasehold flats (607 ft2) to £155,266 for 2 bedroom leasehold flats (678 ft2) .
Monthly rental prices range from £1,062 pcm for 2 bed flats to £1,080 pcm for 2 bed flats.
The gross rental yield is between 8.3% and 8.6%.
The average value per square foot is £233.
The last sale in M5 3GZ sold for £125,000 on 15th January 2016. Since then prices are up an average of 32.2%.
The current average value in the postcode is £152,612.
The M5 3GZ Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.9% | £152,612 |
| April 2025 | 0.5% | £155,499 |
| April 2024 | 2.9% | £154,661 |
| April 2023 | 4.3% | £150,238 |
| April 2022 | 2.6% | £144,047 |
| April 2021 | 3.1% | £140,456 |
| April 2020 | 2.4% | £136,186 |
| April 2019 | -1.7% | £133,007 |
| April 2018 | 5.5% | £135,309 |
| April 2017 | 7.5% | £128,279 |
| April 2016 | 6.9% | £119,357 |
| April 2015 | 4.5% | £111,630 |
| April 2014 | 4.2% | £106,774 |
| April 2013 | -1.8% | £102,467 |
| April 2012 | -2.8% | £104,378 |
| April 2011 | 2.4% | £107,409 |
| April 2010 | -2% | £104,850 |
| April 2009 | -15.5% | £106,968 |
| April 2008 | -0.6% | £126,562 |
| April 2007 | 0% | £127,263 |
The current average rental value in the postcode is £1,074.
The M5 3GZ Rental Market has increased by 46.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,074pcm |
| April 2025 | 1.2% | £1,048pcm |
| April 2024 | 8.4% | £1,035pcm |
| April 2023 | 11.8% | £955pcm |
| April 2022 | 9.9% | £854pcm |
| April 2021 | -0.7% | £777pcm |
| April 2020 | 3.3% | £782pcm |
| April 2019 | 0.4% | £757pcm |
| April 2018 | -1.7% | £754pcm |
| April 2017 | 4.7% | £767pcm |
| April 2016 | 7% | £733pcm |
| April 2015 | 4% | £685pcm |
| April 2014 | 1.7% | £659pcm |
| April 2013 | 2.1% | £647pcm |
| April 2012 | 1.9% | £634pcm |
| April 2011 | 5.6% | £622pcm |
| April 2010 | -2.8% | £589pcm |
| April 2009 | -8.6% | £606pcm |
| April 2008 | 0.2% | £663pcm |
| April 2007 | 0% | £662pcm |
The last sale was on 15th January 2016 for £125,000 and since then the market in the area has increased by 32.2%. The postcode has had a total of 61 sales since 1995.
M5 3GZ has seen no sales in the last three years and no sales in the last twelve months.
M5 3GZ is the 894th largest and the 303rd most expensive postcode out of the 1,289 postcodes in the M5 area.
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The closest station to M5 3GZ is Salford Crescent station which is 1.4 kilometres away.
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