M5 5LD is a residential postcode situated on Medway Close, Salford, M5 with 9 addresses.
It ranks as the 274th largest and 2nd 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 9 properties: 9 flats.
M5 5LD is a residential postcode situated on Medway Close, Salford, M5 with 9 addresses.
It ranks as the 274th largest and 2nd 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 9 properties: 9 flats.
Sale prices range from £59,289 for 1 bedroom leasehold flats (383 ft2) to £67,641 for 2 bedroom leasehold flats (495 ft2) .
Monthly rental prices range from £479 pcm for 1 bed flats to £558 pcm for 2 bed flats.
The gross rental yield is between 9.7% and 10.0%.
The average value per square foot is £142.
The last sale in M5 5LD sold for £56,000 on 7th April 2014. Since then prices are up an average of 54.8%.
The current average value in the postcode is £65,250.
The M5 5LD Sales Market has increased by 39.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.1% | £65,250 |
| April 2025 | 2.7% | £65,987 |
| April 2024 | -1.1% | £64,282 |
| April 2023 | 6.3% | £65,010 |
| April 2022 | 6.1% | £61,148 |
| April 2021 | 4.9% | £57,615 |
| April 2020 | 0.7% | £54,916 |
| April 2019 | 0.6% | £54,547 |
| April 2018 | 6.3% | £54,204 |
| April 2017 | 8.7% | £50,998 |
| April 2016 | 6.7% | £46,905 |
| April 2015 | 4.1% | £43,946 |
| April 2014 | 4.9% | £42,228 |
| April 2013 | -2.6% | £40,246 |
| April 2012 | -3.7% | £41,336 |
| April 2011 | 1.6% | £42,939 |
| April 2010 | -6.3% | £42,268 |
| April 2009 | -13.6% | £45,093 |
| April 2008 | -0.7% | £52,205 |
| April 2007 | 0% | £52,586 |
The current average rental value in the postcode is £540.
The M5 5LD Rental Market has increased by 55.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £540pcm |
| April 2025 | 1.4% | £524pcm |
| April 2024 | 7.8% | £517pcm |
| April 2023 | 12.7% | £480pcm |
| April 2022 | 10.7% | £426pcm |
| April 2021 | 1.9% | £385pcm |
| April 2020 | 1.2% | £377pcm |
| April 2019 | 1.6% | £373pcm |
| April 2018 | 0% | £367pcm |
| April 2017 | 5.8% | £367pcm |
| April 2016 | 6% | £347pcm |
| April 2015 | 3.6% | £327pcm |
| April 2014 | 1.9% | £316pcm |
| April 2013 | 1.7% | £310pcm |
| April 2012 | 1.1% | £305pcm |
| April 2011 | 4.4% | £302pcm |
| April 2010 | -5.5% | £289pcm |
| April 2009 | -7.8% | £306pcm |
| April 2008 | 1% | £332pcm |
| April 2007 | 0% | £328pcm |
The last sale was on 7th April 2014 for £56,000 and since then the market in the area has increased by 54.8%. The postcode has had a total of 5 sales since 1995.
M5 5LD has seen no sales in the last three years and no sales in the last twelve months.
M5 5LD is the 274th largest and the 2nd most expensive postcode out of the 1,289 postcodes in the M5 area.
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The closest station to M5 5LD is Salford Crescent station which is 1.9 kilometres away.
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