Medway Close - M5 5LP
Key Postcode Insights
M5 5LP is a residential postcode situated on Medway Close, Salford, M5 with 14 addresses.
It ranks as the 450th largest and 451st most expensive of the 1,289 postcodes in the M5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £174,396
- 10 Year change
- up 50.5%
- Ave. Rental Price
- £1,040pcm
- 10 Year change
- up 74.0%
- Ave. £ per ft²
- £196/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
M5 5LP is a residential postcode situated on Medway Close, Salford, M5 with 14 addresses.
It ranks as the 450th largest and 451st most expensive of the 1,289 postcodes in the M5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
- Ave. Sale Price
- £174,396
- 10 Year change
- up 50.5%
- Ave. Rental Price
- £1,040pcm
- 10 Year change
- up 74.0%
- Ave. £ per ft²
- £196/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin M5 5LP
- 1 Medway Close
Unknown
- 2 Medway Close
3 Bed Mid-century House
- 3 Medway Close
3 Bed Early-century House
- 4 Medway Close
Unknown
- 5 Medway Close
3 Bed Mid-century House
Sales Market Trends
The last sale in M5 5LP sold for £95,000 on 18th March 2011. Since then prices are up an average of 80.3%.
The current average value in the postcode is £174,396.
The M5 5LP Sales Market has increased by 50.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £174,396 |
| June 2025 | 3.9% | £175,815 |
| June 2024 | 1.4% | £169,289 |
| June 2023 | 3.4% | £166,948 |
| June 2022 | 8.5% | £161,414 |
| June 2021 | 5.7% | £148,773 |
| June 2020 | 3.2% | £140,735 |
| June 2019 | 0.8% | £136,427 |
| June 2018 | 8.4% | £135,343 |
| June 2017 | 7.8% | £124,871 |
| June 2016 | 9.9% | £115,851 |
| June 2015 | 4.4% | £105,383 |
| June 2014 | 6.6% | £100,906 |
| June 2013 | -1.4% | £94,661 |
| June 2012 | -1% | £95,973 |
| June 2011 | -1.6% | £96,986 |
| June 2010 | 2.8% | £98,514 |
| June 2009 | -10.3% | £95,877 |
| June 2008 | -2.6% | £106,877 |
| June 2007 | 0% | £109,756 |
Rental Market Trends
The current average rental value in the postcode is £1,040.
The M5 5LP Rental Market has increased by 74.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,040pcm |
| June 2025 | 2.3% | £1,002pcm |
| June 2024 | 6.4% | £980pcm |
| June 2023 | 13.6% | £921pcm |
| June 2022 | 13.2% | £811pcm |
| June 2021 | 5.3% | £716pcm |
| June 2020 | 2.4% | £680pcm |
| June 2019 | 3.3% | £664pcm |
| June 2018 | 1.7% | £643pcm |
| June 2017 | 5.8% | £632pcm |
| June 2016 | 6.7% | £598pcm |
| June 2015 | 5% | £560pcm |
| June 2014 | 3.7% | £534pcm |
| June 2013 | 1.9% | £514pcm |
| June 2012 | 2.9% | £505pcm |
| June 2011 | 3.5% | £491pcm |
| June 2010 | 2.7% | £474pcm |
| June 2009 | -6.1% | £461pcm |
| June 2008 | 0.5% | £491pcm |
| June 2007 | 0% | £489pcm |
Sales History
The last sale was on 18th March 2011 for £95,000 and since then the market in the area has increased by 80.3%. The postcode has had a total of 7 sales since 1995.
M5 5LP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2011£95,000 | 3 Bed House2, Medway Close, Salford, M5 5LP2, Medway Close, Salford, M5 5LP
- Sold Sep 2006£94,500 | 3 Bed House11, Medway Close, Salford, M5 5LP11, Medway Close, Salford, M5 5LP
- Sold Oct 2003£69,000 | 3 Bed House8, Medway Close, Salford, M5 5LP8, Medway Close, Salford, M5 5LP
- Sold Jul 2002£45,000 | 3 Bed House12, Medway Close, Salford, M5 5LP12, Medway Close, Salford, M5 5LP
- Sold May 1999£29,995 | 3 Bed House1, Medway Close, Salford, M5 5LP1, Medway Close, Salford, M5 5LP
Nearby Postcodes
M5 5LP is the 450th largest and the 451st most expensive postcode out of the 1,289 postcodes in the M5 area.
- M5 5LD, Medway Close, Salford, M5M5 5LD9 Addresses|43 m away
- M5 5LW, Sherwood Close, Salford, M5M5 5LW8 Addresses|44 m away
- M5 5LZ, Gore Crescent, Salford, M5M5 5LZ18 Addresses|57 m away
- M5 5LB, Gore Crescent, Salford, M5M5 5LB6 Addresses|68 m away
- M5 5LQ, Josslyn Road, Salford, M5M5 5LQ12 Addresses|80 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (7)
- early-century house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (4)
- G (0)
- D (3)
- No EPC (5)
Top 3 Most Expensive Sales
Schools Nearby
- St Luke's CofE Primary School500 m away
- Willow Tree Primary School500 m away
- Holy Family VA RC Primary School800 m away
- Buile Hill Academy700 m away
- All Hallows RC High School800 m away
- AldridgeUTC@MediaCityUK1.4 km away
More reading links
Public Transport Nearby
The closest station to M5 5LP is Salford Crescent station, which is 1.9 kilometres away.
- Salford Crescent|1.9 km away
- Eccles (Manchester)|2.1 km away
- Manchester United Football Ground|3.0 km away
- Salford Central|3.2 km away
