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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
M5 5LPHouse Prices / North West, Salford, Medway Close
Last updated May 2026
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 901st most expensive of the 1,289 postcodes in the M5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
14
Properties
- Houses
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 901st most expensive of the 1,289 postcodes in the M5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
14
Properties
- Houses
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House Pricesin M5 5LP
Sale prices range from £212,009 for 3 bedroom freehold houses with a garden (828 ft2) to £274,172 for 4 bedroom freehold houses with a garden (1,119 ft2) .
Monthly rental prices range from £1,343 pcm for 3 bed houses to £1,583 pcm for 4 bed houses.
The gross rental yield is between 6.8% and 7.6%.
The average value per square foot is £273.
Average Sale Value
£237,279
Average Rental Value
£1,392 pcm
Average Rental Yield
7.0% /year
Average Value Per Sqft
£273 /ft2
Sales Market Trendsin M5 5LP
The last sale in M5 5LP sold for £95,000 on 18th March 2011. Since then prices are up an average of 87.7%.
The current average value in the postcode is £237,279.
The M5 5LP Sales Market has increased by 56.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £237,279 |
| April 2025 | 3.2% | £234,665 |
| April 2024 | -1.4% | £227,411 |
| April 2023 | 7.9% | £230,554 |
| April 2022 | 8% | £213,633 |
| April 2021 | 6.7% | £197,751 |
| April 2020 | 1.5% | £185,378 |
| April 2019 | 1.9% | £182,598 |
| April 2018 | 8.5% | £179,150 |
| April 2017 | 9.1% | £165,187 |
| April 2016 | 8.7% | £151,437 |
| April 2015 | 4.9% | £139,376 |
| April 2014 | 6.7% | £132,829 |
| April 2013 | -0.7% | £124,540 |
| April 2012 | -1.5% | £125,383 |
| April 2011 | 0.1% | £127,347 |
| April 2010 | 0.3% | £127,282 |
| April 2009 | -11.8% | £126,960 |
| April 2008 | 1.3% | £144,007 |
| April 2007 | 0% | £142,223 |
Rental Market Trendsin M5 5LP
The current average rental value in the postcode is £1,392.
The M5 5LP Rental Market has increased by 75.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.4% | £1,392pcm |
| April 2025 | 2% | £1,321pcm |
| April 2024 | 7.6% | £1,295pcm |
| April 2023 | 14.4% | £1,204pcm |
| April 2022 | 12.6% | £1,053pcm |
| April 2021 | 3.6% | £935pcm |
| April 2020 | 2.1% | £902pcm |
| April 2019 | 2.9% | £884pcm |
| April 2018 | 2% | £859pcm |
| April 2017 | 6.1% | £842pcm |
| April 2016 | 7.9% | £793pcm |
| April 2015 | 4.5% | £735pcm |
| April 2014 | 3.6% | £703pcm |
| April 2013 | 3.7% | £679pcm |
| April 2012 | 3.4% | £655pcm |
| April 2011 | 2.8% | £634pcm |
| April 2010 | 1.1% | £616pcm |
| April 2009 | -5.9% | £610pcm |
| April 2008 | 3.1% | £648pcm |
| April 2007 | 0% | £629pcm |
Explore Propertiesin M5 5LP, Medway Close, Salford, M5
- 1, Medway Close, Salford, M5 5LP
- 2, Medway Close, Salford, M5 5LP3 bed house
- 3, Medway Close, Salford, M5 5LP3 bed early-century house
- 4, Medway Close, Salford, M5 5LP
- 5, Medway Close, Salford, M5 5LP3 bed mid-century house
- 6, Medway Close, Salford, M5 5LP3 bed mid-century house
- 7, Medway Close, Salford, M5 5LP3 bed mid-century house
- 8, Medway Close, Salford, M5 5LP3 bed mid-century house
- 9, Medway Close, Salford, M5 5LP3 bed mid-century house
- 10, Medway Close, Salford, M5 5LP3 bed early-century house
- 11, Medway Close, Salford, M5 5LP
- 12, Medway Close, Salford, M5 5LP3 bed mid-century house
- 14, Medway Close, Salford, M5 5LP
- 16, Medway Close, Salford, M5 5LP
Sales Historyin M5 5LP
The last sale was on 18th March 2011 for £95,000 and since then the market in the area has increased by 87.7%. 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 HouseMedway Close2, Medway Close, Salford, M5 5LP
Sold Sep 2006£94,500 | 3 Bed HouseMedway Close11, Medway Close, Salford, M5 5LP
Sold Oct 2003£69,000 | 3 Bed HouseMedway Close8, Medway Close, Salford, M5 5LP
Sold Jul 2002£45,000 | 3 Bed HouseMedway Close12, Medway Close, Salford, M5 5LP
Sold May 1999£29,995 | 3 Bed HouseMedway Close1, Medway Close, Salford, M5 5LP
Sold Jun 1998£38,000 | 3 Bed HouseMedway Close14, Medway Close, Salford, M5 5LP
Sold Sep 1997£45,000 | 4 Bed HouseMedway Close4, Medway Close, Salford, M5 5LP
Nearby Postcodesto M5 5LP
M5 5LP is the 450th largest and the 901st most expensive postcode out of the 1,289 postcodes in the M5 area.
- 43 mM5 5LD, Medway Close, Salford, M5M5 5LD9 Addresses
- 44 mM5 5LW, Sherwood Close, Salford, M5M5 5LW8 Addresses
- 57 mM5 5LZ, Gore Crescent, Salford, M5M5 5LZ18 Addresses
- 68 mM5 5LB, Gore Crescent, Salford, M5M5 5LB6 Addresses
- 80 mM5 5LQ, Josslyn Road, Salford, M5M5 5LQ12 Addresses
- 83 mM5 5NQ, Gore Avenue, Salford, M5M5 5NQ5 Addresses
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Property Typesin M5 5LP
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (6)
- house (1)
- early-century house (2)
- Unknown (5)
Energy Efficiencyof properties in M5 5LP
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (4)
- G (0)
- D (2)
- No EPC (6)
Schools Nearbyto M5 5LP
The nearest primary school to M5 5LP is St Luke's CofE Primary School which is 454 metres away.
- 454mSt Luke's CofE Primary School
- 498mWillow Tree Primary School
- 808mHoly Family VA RC Primary School
The nearest secondary school is Buile Hill Academy which is 703 metres away.
- 703mBuile Hill Academy
- 825mAll Hallows RC High School
- 1.4kmAldridgeUTC@MediaCityUK
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Public Transport Nearbyto M5 5LP
The closest station to M5 5LP is Salford Crescent station which is 1.9 kilometres away.
- 1.9kmSalford Crescent
- 2.1kmEccles (Manchester)
- 3.0kmManchester United Football Ground
- 3.2kmSalford Central
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