Housing Market Analysis for MICHIGAN AVENUE, M50 2GY

Are you looking to understand M50 2GY house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Salford postcode.

For the location information and nearby amenities in the M50 2GY area, explore the M50 2GY Area information page.
For comprehensive crime statistics in the M50 2GY area, explore the M50 2GY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the M50 2GY postcode area, The average prices are as follows,

  • Other
    • The average price is around £965,556 median price is £950,000 Standard Deviation is £430,945 with Total Sold: 9
    • The Last 5 Year average price is £786,667 with Total Sold: 3
    • The most recent sale happened at this postcode is MICHIGAN HOUSE MICHIGAN AVENUE: £1,320,000 (Sold on 19 Oct 2022)
    • The first recorded sale happened at this postcode is 3 MICHIGAN AVENUE: £1,600,000 (Sold on 30 Dec 2013)
  • Detached
    • The average price is around £500,000 median price is £500,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 MICHIGAN AVENUE: £500,000 (Sold on 14 Jul 2006)
    • The first recorded sale happened at this postcode is 1 MICHIGAN AVENUE: £500,000 (Sold on 14 Jul 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average M50 2GY house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£890,0002
2020£580,0001
2017£290,0001
2016£1,270,0002
2015£950,0002
2013£1,600,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£500,0001

All the Sales in the MICHIGAN AVENUE, M50 2GY

See the table below for more details on the sold house prices in the M50 2GY, Salford postcode.

AddressSold DatePrice% Change
MICHIGAN HOUSE MICHIGAN AVENUEOther, Leasehold19 Oct 2022£1,320,000First Sale
2C, SOUTH STAGE MICHIGAN AVENUEOther, Leasehold13 Sep 2022£460,00058.62%
31 Jul 2017£290,000First Sale
ISHER HOUSE MICHIGAN AVENUEOther, Leasehold04 Mar 2020£580,000First Sale
1 MICHIGAN AVENUEOther, Freehold31 May 2016£1,050,00010.53%
13 Mar 2015£950,00090.00%
14 Jul 2006£500,000First Sale
3 MICHIGAN AVENUEOther, Leasehold31 May 2016£1,490,000-6.88%
30 Dec 2013£1,600,000First Sale
UNIT 7, MICHIGAN PARK MICHIGAN AVENUEOther, Freehold13 Mar 2015£950,000First Sale

Check out the sold house prices near the M50 2GY postcode. Properties currently for saleProperties currently for rent

MICHIGAN AVENUE, M50 2GY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the M50 2GY postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the M50 2GY postcode.

  • Flat
    • The average price is around £175,474 median price is £159,052 Standard Deviation is £160,966 with Total Sold: 3,950
    • The Last 5 Year average price is £197,274 with Total Sold: 351
    • The most recent sale happened at this postcode is APARTMENT 1605, MILLENNIUM TOWER, 250 THE QUAYS: £115,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 47 WINNIPEG QUAY: £67,000 (Sold on 13 Jan 1995)
  • Detached
    • The average price is around £139,173 median price is £109,500 Standard Deviation is £92,893 with Total Sold: 26
    • The Last 5 Year average price is £242,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 80 WINNIPEG QUAY: £245,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 39 VANCOUVER QUAY: £85,000 (Sold on 09 Apr 1998)
  • Other
    • The average price is around £1,862,353 median price is £337,500 Standard Deviation is £5,113,851 with Total Sold: 118
    • The Last 5 Year average price is £2,979,353 with Total Sold: 44
    • The most recent sale happened at this postcode is APARTMENT 804, MILLENNIUM POINT, 254 THE QUAYS: £207,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , 5 - 6 CAROLINA WAY: £450,000 (Sold on 20 Jun 2013)
  • Terraced
    • The average price is around £173,746 median price is £161,719 Standard Deviation is £101,230 with Total Sold: 88
    • The Last 5 Year average price is £275,400 with Total Sold: 15
    • The most recent sale happened at this postcode is , 44 ST LAWRENCE QUAY: £245,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is , 111 VANCOUVER QUAY: £102,000 (Sold on 28 Mar 1995)
  • Semi-Detached
    • The average price is around £134,023 median price is £118,250 Standard Deviation is £78,699 with Total Sold: 34
    • The Last 5 Year average price is £225,500 with Total Sold: 3
    • The most recent sale happened at this postcode is , 11 VANCOUVER QUAY: £240,000 (Sold on 21 Feb 2022)
    • The first recorded sale happened at this postcode is , 72 ST LAWRENCE QUAY: £63,000 (Sold on 24 May 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£177,547 £3,184 49
2023£200,319 £3,454 100
2022£191,246 £3,295 79
2021£203,678 £3,373 67
2020£209,941 £3,303 56
2019£181,824 £3,331 577
2018£206,354 £3,330 129
2017£162,412 £2,991 395
2016£192,833 £2,682 260
2015£173,832 £2,710 163
2014£149,041 £2,548 176
2013£159,845 £2,617 97
2012£152,346 £2,478 83
2011£170,909 £2,747 121
2010£171,294 £2,946 149
2009£169,246 £2,305 42
2008£180,391 £2,947 155
2007£194,366 £3,052 231
2006£233,632 £2,906 188
2005£233,625 £2,899 161
2004£194,786 £2,704 126
2003£173,521 £2,321 149
2002£136,610 £1,960 116
2001£95,532 £1,497 52
2000£83,086 £1,288 49
1999£75,214 £1,188 86
1998£61,550 £928 18
1997£62,862 £940 24
1996£61,863 £910 22
1995£63,535 £1,014 30
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£245,0001
2020£240,000 £3,934 1
2017£164,000 £2,733 1
2015£97,0001
2012£247,500 £2,437 1
2010£150,0001
2009£54,1441
2006£304,000 £1,953 3
2005£50,0001
2004£149,000 £2,328 1
2003£46,5001
2002£116,950 £1,647 1
2001£102,333 £1,313 3
2000£97,833 £1,274 3
1999£95,738 £1,210 4
1998£81,475 £919 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£203,000 £3,431 2
2023£653,998 £7,536 12
2022£3,632,5004
2021£2,687,770 £11,575 9
2020£4,948,095 £3,452 17
2019£2,164,878 £8,952 10
2018£1,169,323 £25,500 16
2017£1,367,317 £23,380 15
2016£541,37512
2015£773,2209
2014£1,522,8658
2013£540,0004
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£245,000 £5,000 1
2022£375,000 £3,074 1
2021£322,799 £3,332 5
2020£237,126 £2,638 8
2019£212,500 £3,224 2
2018£289,838 £2,735 4
2017£230,000 £3,355 1
2016£286,250 £3,092 2
2015£276,250 £2,663 2
2014£197,2801
2013£232,000 £1,911 1
2012£246,000 £2,299 1
2011£208,500 £2,164 4
2010£197,500 £2,098 2
2007£142,850 £1,937 5
2006£190,931 £2,113 8
2005£86,333 £2,009 6
2004£144,564 £1,812 7
2003£104,814 £1,451 7
2002£70,500 £1,795 2
2001£124,750 £1,215 3
1999£92,775 £894 6
1998£94,250 £847 2
1997£76,750 £814 3
1996£58,500 £531 2
1995£101,000 £828 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£240,000 £3,934 1
2020£218,250 £3,339 2
2018£330,000 £3,028 1
2016£109,225 £2,356 2
2011£35,0001
2008£175,615 £2,294 3
2007£245,000 £2,379 1
2006£156,500 £2,255 6
2004£156,000 £2,220 2
2003£114,750 £1,850 4
2002£107,000 £1,620 2
2001£91,500 £1,395 2
1999£75,000 £1,230 1
1998£59,000 £934 1
1997£55,249 £895 4
1996£63,000 £863 1

House Type in M50 2GY area

The most common house types in the M50 2GY postcode area are Flat (172), Terraced (1), and Detached (0).

Total173
Flat172
Terraced1
Detached0
Semi-detached0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (152), and Owned: Owns with a mortgage or loan (7).

Private rented: Private landlord or letting agency152
Owned: Owns with a mortgage or loan7
Owned: Owns outright4
Private rented: Other private rented4
Social rented: Rents from council or Local Authority3
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the M50 2GY have 2 people in household (86), and 1 person in household (74).

2 people in household86
1 person in household74
3 people in household10
4 people in household3
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0