M5 3NQ is a residential postcode situated on Elmira Way, Salford, M5 with 140 addresses.
It ranks as the 1276th largest and 342nd 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 140 properties: 89 flats and 51 other properties.
M5 3NQ is a residential postcode situated on Elmira Way, Salford, M5 with 140 addresses.
It ranks as the 1276th largest and 342nd 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 140 properties: 89 flats and 51 other properties.
Sale prices range from £134,048 for 1 bedroom leasehold flats with a balcony (441 ft2) to £175,480 for 2 bedroom leasehold flats with a balcony (731 ft2) .
Monthly rental prices range from £966 pcm for 1 bed flats to £1,158 pcm for 2 bed flats.
The gross rental yield is between 7.9% and 8.9%.
The average value per square foot is £262.
The last sale in M5 3NQ sold for £158,000 on 5th February 2026. Since then prices are up an average of 0.8%.
The current average value in the postcode is £158,088.
The M5 3NQ Sales Market has increased by 19.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £158,088 |
| April 2025 | -3% | £162,044 |
| April 2024 | 4% | £167,019 |
| April 2023 | 3% | £160,653 |
| April 2022 | 1.3% | £155,990 |
| April 2021 | 4.6% | £153,919 |
| April 2020 | 1.3% | £147,131 |
| April 2019 | -4.9% | £145,237 |
| April 2018 | 8.5% | £152,755 |
| April 2017 | 6.4% | £140,743 |
| April 2016 | 7.1% | £132,227 |
| April 2015 | 2.9% | £123,462 |
| April 2014 | 2.8% | £120,034 |
| April 2013 | -1.5% | £116,800 |
| April 2012 | -4.7% | £118,570 |
| April 2011 | 4.1% | £124,463 |
| April 2010 | -4.6% | £119,559 |
| April 2009 | -13.8% | £125,332 |
| April 2008 | -0.1% | £145,386 |
| April 2007 | 0% | £145,561 |
The current average rental value in the postcode is £1,103.
The M5 3NQ Rental Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £1,103pcm |
| April 2025 | 0.7% | £1,082pcm |
| April 2024 | 7.8% | £1,075pcm |
| April 2023 | 12.2% | £998pcm |
| April 2022 | 10.3% | £889pcm |
| April 2021 | -1% | £806pcm |
| April 2020 | 2.4% | £814pcm |
| April 2019 | 0.8% | £795pcm |
| April 2018 | -1.9% | £788pcm |
| April 2017 | 4% | £803pcm |
| April 2016 | 6.4% | £772pcm |
| April 2015 | 4.6% | £726pcm |
| April 2014 | 1.2% | £694pcm |
| April 2013 | 3% | £686pcm |
| April 2012 | 1.8% | £667pcm |
| April 2011 | 6.4% | £655pcm |
| April 2010 | -5.2% | £615pcm |
| April 2009 | -9.2% | £649pcm |
| April 2008 | -0.3% | £715pcm |
| April 2007 | 0% | £717pcm |
The last sale was on 5th February 2026 for £158,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 110 sales since 1995.
M5 3NQ has seen 5 sales in the last three years and 2 sales in the last twelve months.
M5 3NQ is the 1276th largest and the 342nd most expensive postcode out of the 1,289 postcodes in the M5 area.
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The closest station to M5 3NQ is Manchester United Football Ground station which is 1.1 kilometres away.
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