M5 5GL is a residential postcode situated on My Street, Salford, M5 with 8 addresses.
It ranks as the 235th largest and 298th most expensive of the 1,289 postcodes in the M5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 flats.
M5 5GL is a residential postcode situated on My Street, Salford, M5 with 8 addresses.
It ranks as the 235th largest and 298th most expensive of the 1,289 postcodes in the M5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £151,389 for 3 bedroom leasehold flats (904 ft2) to £155,472 for 3 bedroom leasehold flats (957 ft2) .
Monthly rental prices range from £1,058 pcm for 3 bed flats to £1,079 pcm for 3 bed flats.
The gross rental yield is between 8.3% and 8.4%.
The average value per square foot is £166.
The last sale in M5 5GL sold for £175,000 on 15th March 2024. Since then prices are up an average of 0.9%.
The current average value in the postcode is £152,724.
The M5 5GL Sales Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.7% | £152,724 |
| April 2025 | 2% | £155,312 |
| April 2024 | -0.3% | £152,220 |
| April 2023 | 5.9% | £152,612 |
| April 2022 | 4% | £144,079 |
| April 2021 | 3.7% | £138,492 |
| April 2020 | 1.7% | £133,521 |
| April 2019 | -1.1% | £131,264 |
| April 2018 | 6.4% | £132,758 |
| April 2017 | 8.2% | £124,789 |
| April 2016 | 7.1% | £115,310 |
| April 2015 | 3.9% | £107,621 |
| April 2014 | 4.8% | £103,538 |
| April 2013 | -3% | £98,792 |
| April 2012 | -3.5% | £101,854 |
| April 2011 | 2.2% | £105,577 |
| April 2010 | -4.2% | £103,308 |
| April 2009 | -14.7% | £107,816 |
| April 2008 | -0.3% | £126,337 |
| April 2007 | 0% | £126,721 |
The current average rental value in the postcode is £1,062.
The M5 5GL Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,062pcm |
| April 2025 | 1.5% | £1,034pcm |
| April 2024 | 8.3% | £1,019pcm |
| April 2023 | 12.3% | £940pcm |
| April 2022 | 9.9% | £837pcm |
| April 2021 | 0.7% | £762pcm |
| April 2020 | 2.7% | £757pcm |
| April 2019 | 0.9% | £737pcm |
| April 2018 | -0.5% | £730pcm |
| April 2017 | 5.5% | £734pcm |
| April 2016 | 6.5% | £696pcm |
| April 2015 | 3.7% | £653pcm |
| April 2014 | 2% | £630pcm |
| April 2013 | 1.8% | £617pcm |
| April 2012 | 1.4% | £606pcm |
| April 2011 | 5.1% | £598pcm |
| April 2010 | -3.9% | £569pcm |
| April 2009 | -9.2% | £592pcm |
| April 2008 | 1.4% | £651pcm |
| April 2007 | 0% | £643pcm |
The last sale was on 15th March 2024 for £175,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 24 sales since 1995.
M5 5GL has seen 1 sale in the last three years and no sales in the last twelve months.
M5 5GL is the 235th largest and the 298th most expensive postcode out of the 1,289 postcodes in the M5 area.
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The closest station to M5 5GL is Salford Crescent station which is 1.5 kilometres away.
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