Market outlook for M6
Key indicators for buyers
The M6 market is moderately favourable for buyers. Prices are rising at 6.9%, 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 £249,333 with a 25% deposit (£62k), a 2-year fixed mortgage at 3.97% costs around £984 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses M6 avg. price with Salford rental data
Monthly mortgage payments (£984) are £178 less than renting (£1,162). However, buying requires an upfront deposit of £62k — it would take around 7 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 |
|---|---|---|---|
54, CHOLMONDELEY ROAD M6 8PR | Semi-detached | £313,000 | 16 Jan 2026 |
38, PINHIGH PLACE M6 8ND | Flat/Maisonette | £135,000 | 16 Jan 2026 |
74, ELLERAY ROAD M6 7GZ | Terraced | £300,000 | 9 Jan 2026 |
FLAT 19, AILSA HOUSE, LANGWORTHY ROAD M6 5SW | Flat/Maisonette | £152,000 | 19 Dec 2025 |
104, SHERGAR WAY M6 6ND | Detached | £422,500 | 19 Dec 2025 |
7, TORRAX CLOSE M6 7PX | Semi-detached | £290,000 | 18 Dec 2025 |
78, SUNNINGDALE DRIVE M6 7PL | Semi-detached |
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.