Market outlook for M5
Key indicators for buyers
The M5 market is moderately favourable for buyers. Prices are rising at 9.0%, which may favour acting sooner rather than later. Affordability has improved from a peak of 7.1x in 2021 to 6.0x today. Rising rents (£1,162/mo, +5.3%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Salford area
A home in Salford costs 6.0x the local median salary — moderate, improving from a peak of 7.1x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Salford area
Average monthly rent in Salford is £1,162, up 5.3% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Salford price of £220,000 with a 25% deposit (£55k), a 2-year fixed mortgage at 3.97% costs around £868 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses M5 avg. price with Salford rental data
Monthly mortgage payments (£868) are £294 less than renting (£1,162). However, buying requires an upfront deposit of £55k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
2A, WYTHOP GARDENS M5 4QF | Semi-detached | £160,000 | 14 Jan 2026 |
28, WHIMBERRY CLOSE M5 3WL | Semi-detached | £280,000 | 8 Jan 2026 |
7, MUSLIN STREET M5 4NF | Flat/Maisonette | £227,500 | 22 Dec 2025 |
APARTMENT 101, BLOCK C, 14, HULME STREET M5 4ZG | Semi-detached | £211,000 | 19 Dec 2025 |
C 4.10, BLOCK C WILBURN BASIN, ORDSALL LANE M5 4XS | Other | £175,000 | 19 Dec 2025 |
APARTMENT 215, THE EXCHANGE, 8, ELMIRA WAY M5 3NQ | Flat/Maisonette | £150,000 | 19 Dec 2025 |
24, WYTHOP GARDENS M5 4QF |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.