Oldfield Road - M5 4LZ
Key Postcode Insights
M5 4LZ is a residential postcode situated on Oldfield Road, Salford, M5 with 3 addresses.
It ranks as the 76th largest and 549th most expensive of the 1,289 postcodes in the M5 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £185,253
- 10 Year change
- up 14.3%
- Ave. Rental Price
- £1,174pcm
- 10 Year change
- up 35.4%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
M5 4LZ is a residential postcode situated on Oldfield Road, Salford, M5 with 3 addresses.
It ranks as the 76th largest and 549th most expensive of the 1,289 postcodes in the M5 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £185,253
- 10 Year change
- up 14.3%
- Ave. Rental Price
- £1,174pcm
- 10 Year change
- up 35.4%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin M5 4LZ
- 24 Oldfield Road
3 Bed Modern Flat
- 26 Oldfield Road
3 Bed Modern Flat
- 28 Oldfield Road
3 Bed Modern Flat
Sales Market Trends
The last sale in M5 4LZ sold for £292,990 on 6th September 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £185,253.
The M5 4LZ Sales Market has increased by 14.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -5.5% | £185,253 |
| June 2025 | 1.9% | £195,955 |
| June 2024 | 1% | £192,277 |
| June 2023 | 1.3% | £190,296 |
| June 2022 | 4.4% | £187,840 |
| June 2021 | -1.9% | £179,973 |
| June 2020 | 3.9% | £183,455 |
| June 2019 | -1.3% | £176,618 |
| June 2018 | 2.7% | £178,913 |
| June 2017 | 7.5% | £174,260 |
| June 2016 | 11.3% | £162,139 |
| June 2015 | 4.1% | £145,681 |
| June 2014 | 5.3% | £139,971 |
| June 2013 | -1.3% | £132,930 |
| June 2012 | -1.2% | £134,615 |
| June 2011 | -1.6% | £136,276 |
| June 2010 | 5.1% | £138,485 |
| June 2009 | -14.1% | £131,764 |
| June 2008 | -5.9% | £153,458 |
| June 2007 | 0% | £163,126 |
Rental Market Trends
The current average rental value in the postcode is £1,174.
The M5 4LZ Rental Market has increased by 35.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £1,174pcm |
| June 2025 | 0.7% | £1,166pcm |
| June 2024 | 8% | £1,159pcm |
| June 2023 | 10% | £1,073pcm |
| June 2022 | 11.1% | £976pcm |
| June 2021 | -2.3% | £879pcm |
| June 2020 | 3% | £899pcm |
| June 2019 | 0.7% | £873pcm |
| June 2018 | -3% | £866pcm |
| June 2017 | 3.1% | £893pcm |
| June 2016 | 7.1% | £867pcm |
| June 2015 | 5.1% | £809pcm |
| June 2014 | 1.7% | £769pcm |
| June 2013 | 1.2% | £756pcm |
| June 2012 | 2.5% | £748pcm |
| June 2011 | 2.3% | £729pcm |
| June 2010 | 4% | £713pcm |
| June 2009 | -7.1% | £685pcm |
| June 2008 | -0.8% | £737pcm |
| June 2007 | 0% | £744pcm |
Sales History
The last sale was on 6th September 2023 for £292,990 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
M5 4LZ has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
M5 4LZ is the 76th largest and the 549th most expensive postcode out of the 1,289 postcodes in the M5 area.
- M5 4ZL, Oldfield Road, Salford, M5M5 4ZL75 Addresses|10 m away
- M5 4ZP, Oldfield Road, Salford, M5M5 4ZP68 Addresses|10 m away
- M5 4ZQ, Oldfield Road, Salford, M5M5 4ZQ33 Addresses|10 m away
- M5 4NB, Cow Lane, Salford, M5M5 4NB4 Addresses|38 m away
- M5 4ZJ, Craven Street, Salford, M5M5 4ZJ2 Addresses|51 m away
Property Types
- 3 modern flats built after 1980
- modern flat (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jun 2022£60,029,156 | 2 Bed Flat69, Oldfield Road, Salford, M5 4RY69, Oldfield Road, Salford, M5 4RY
- Sold Aug 2004£410,000 | 1 Bed FlatApartment 1, Albert Mill 41, Oldfield Road, Salford, M5 4GTApartment 1, Albert Mill 41, Oldfield Road, Salford, M5 4GT
- Sold Jan 2024£395,000 | 3 Bed House37, Oldfield Road, Salford, M5 4NE37, Oldfield Road, Salford, M5 4NE
Schools Nearby
- St Philip's CofE Primary School400 m away
- Primrose Hill Primary School and Children's Centre700 m away
- St Paul's CofE Primary School900 m away
- Oasis Academy MediaCityUK1.2 km away
- The Albion Academy1.8 km away
- AldridgeUTC@MediaCityUK2.0 km away
More reading links
Public Transport Nearby
The closest station to M5 4LZ is Salford Central station, which is 800 metres away.
- Salford Central|800 m away
- Salford Crescent|1.0 km away
- Deansgate|1.2 km away
- Manchester Oxford Road|1.7 km away