Housing Market Analysis for MEDWAY CLOSE, M5 5LP

Are you looking to understand M5 5LP 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 M5 5LP area, explore the M5 5LP Area information page.
For comprehensive crime statistics in the M5 5LP area, explore the M5 5LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the M5 5LP postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £56,799 median price is £45,000 Standard Deviation is £22,826 with Total Sold: 5
    • The most recent sale happened at this postcode is 2 MEDWAY CLOSE: £95,000 (Sold on 18 Mar 2011)
    • The first recorded sale happened at this postcode is 4 MEDWAY CLOSE: £45,000 (Sold on 30 Sep 1997)
  • Terraced
    • The average price is around £94,500 median price is £94,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 MEDWAY CLOSE: £94,500 (Sold on 08 Sep 2006)
    • The first recorded sale happened at this postcode is 11 MEDWAY CLOSE: £94,500 (Sold on 08 Sep 2006)
  • Detached
    • The average price is around £38,000 median price is £38,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 14 MEDWAY CLOSE: £38,000 (Sold on 24 Jun 1998)
    • The first recorded sale happened at this postcode is 14 MEDWAY CLOSE: £38,000 (Sold on 24 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average M5 5LP 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£95,000 £1,097 1
2003£69,000 £896 1
2002£45,000 £584 1
1999£29,9951
1997£45,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£94,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£38,0001

All the Sales in the MEDWAY CLOSE, M5 5LP

See the table below for more details on the sold house prices in the M5 5LP, Salford postcode.

AddressSold DatePrice% Change
2 MEDWAY CLOSESemi-Detached, FreeholdArea: 86.62 Sq.mtrAge: 1950-196618 Mar 2011£95,000First Sale
11 MEDWAY CLOSETerraced, Freehold08 Sep 2006£94,500First Sale
8 MEDWAY CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196623 Oct 2003£69,000First Sale
12 MEDWAY CLOSESemi-Detached, LeaseholdArea: 77 Sq.mtrAge: 1950-196602 Jul 2002£45,000First Sale
1 MEDWAY CLOSESemi-Detached, Leasehold24 May 1999£29,995First Sale
14 MEDWAY CLOSEDetached, Freehold24 Jun 1998£38,000First Sale
4 MEDWAY CLOSESemi-Detached, Freehold30 Sep 1997£45,000First Sale

Check out the sold house prices near the M5 5LP postcode. Properties currently for saleProperties currently for rent

MEDWAY CLOSE, M5 5LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the M5 5LP 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 M5 5LP postcode.

  • Detached
    • The average price is around £169,556 median price is £178,750 Standard Deviation is £96,393 with Total Sold: 72
    • The Last 5 Year average price is £257,034 with Total Sold: 16
    • The most recent sale happened at this postcode is , 15 SEEDLEY VIEW ROAD: £326,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 12 HEBDEN AVENUE: £14,000 (Sold on 23 Feb 1995)
  • Terraced
    • The average price is around £82,745 median price is £69,950 Standard Deviation is £265,465 with Total Sold: 2,564
    • The Last 5 Year average price is £194,711 with Total Sold: 409
    • The most recent sale happened at this postcode is , 267 LANGWORTHY ROAD: £168,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 35 KENNEDY ROAD: £22,950 (Sold on 09 Jan 1995)
  • Flat
    • The average price is around £71,584 median price is £74,950 Standard Deviation is £28,750 with Total Sold: 198
    • The Last 5 Year average price is £111,048 with Total Sold: 31
    • The most recent sale happened at this postcode is FLAT 44, GARBO COURT MONROE CLOSE: £150,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT 41, GARBO COURT MONROE CLOSE: £43,935 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £115,911 median price is £112,000 Standard Deviation is £67,476 with Total Sold: 637
    • The Last 5 Year average price is £202,730 with Total Sold: 132
    • The most recent sale happened at this postcode is , 35 LOSTOCK ROAD: £225,000 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is , 68 GOULDEN STREET: £33,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £221,507 median price is £165,000 Standard Deviation is £218,397 with Total Sold: 31
    • The Last 5 Year average price is £201,333 with Total Sold: 15
    • The most recent sale happened at this postcode is , 27 KINGSFORD STREET: £160,000 (Sold on 03 Jul 2023)
    • The first recorded sale happened at this postcode is , DE LA SALLE COLLEGE WEASTE LANE: £956,650 (Sold on 23 Jan 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,5002
2023£269,250 £2,905 4
2022£225,000 £3,030 2
2021£262,500 £3,312 2
2020£199,250 £2,691 2
2019£252,762 £2,105 4
2018£226,000 £2,142 2
2017£325,250 £1,807 2
2016£218,720 £2,073 9
2015£198,454 £1,902 11
2014£60,500 £766 1
2013£133,500 £1,139 2
2012£137,500 £1,071 1
2008£75,000 £765 1
2007£115,000 £1,587 3
2006£192,667 £1,813 3
2005£82,0001
2004£200,0001
2003£99,333 £1,042 3
2002£75,333 £790 3
2001£24,2502
2000£84,165 £422 3
1999£48,000 £583 1
1998£38,0001
1997£48,5001
1996£35,000 £530 2
1995£22,333 £253 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,477 £2,246 24
2023£186,642 £2,185 59
2022£350,415 £2,053 74
2021£158,629 £1,839 106
2020£150,871 £1,711 64
2019£137,710 £1,546 82
2018£127,361 £1,487 98
2017£120,549 £1,325 100
2016£102,468 £1,226 109
2015£97,275 £1,091 91
2014£80,011 £962 75
2013£70,802 £824 53
2012£77,450 £827 22
2011£78,496 £914 49
2010£80,188 £922 45
2009£74,478 £945 51
2008£90,946 £1,034 53
2007£98,501 £1,089 134
2006£73,732 £920 103
2005£60,497 £758 162
2004£50,308 £595 180
2003£36,972 £391 153
2002£23,502 £294 144
2001£19,040 £229 116
2000£23,416 £243 75
1999£20,404 £230 79
1998£24,592 £256 62
1997£22,029 £324 78
1996£23,854 £291 64
1995£23,671 £283 59
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,3333
2023£120,375 £2,081 4
2022£112,400 £2,275 5
2021£107,500 £2,142 9
2020£90,000 £1,529 2
2019£110,187 £1,805 8
2018£78,786 £1,349 11
2017£77,244 £1,262 9
2016£72,857 £1,355 7
2015£75,935 £1,300 23
2014£61,083 £1,155 6
2013£65,583 £1,107 3
2012£65,000 £1,077 9
2011£50,000 £1,020 1
2010£64,750 £1,102 2
2009£78,200 £1,391 5
2008£80,0001
2007£94,862 £1,844 4
2006£84,662 £1,661 6
2005£83,244 £1,726 8
2004£87,500 £1,557 7
2003£80,075 £1,539 6
2002£56,099 £916 7
2001£47,732 £791 6
2000£38,707 £884 7
1999£41,500 £788 12
1998£29,158 £622 6
1997£29,125 £601 4
1996£37,250 £752 2
1995£43,577 £847 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£209,0002
2023£231,972 £3,238 18
2022£206,746 £2,610 26
2021£221,804 £2,380 28
2020£203,605 £2,456 19
2019£172,115 £2,190 39
2018£167,083 £2,109 27
2017£154,167 £1,831 30
2016£157,959 £1,876 35
2015£129,920 £1,616 25
2014£105,321 £1,274 14
2013£121,555 £1,439 11
2012£121,167 £1,452 9
2011£115,299 £1,340 9
2010£115,771 £1,365 12
2009£106,333 £1,120 9
2008£111,334 £1,132 19
2007£107,124 £1,374 31
2006£99,344 £1,253 28
2005£96,107 £922 13
2004£91,133 £1,057 32
2003£70,511 £832 30
2002£55,491 £603 27
2001£44,317 £518 18
2000£41,412 £461 30
1999£41,794 £431 22
1998£34,997 £426 19
1997£50,607 £548 13
1996£36,759 £408 23
1995£39,522 £386 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£160,000 £2,254 1
2022£248,900 £2,329 4
2021£347,700 £5,902 3
2020£117,375 £1,107 4
2019£117,266 £9 3
2018£232,184 £7,528 5
2017£212,025 £2,396 6
2016£119,000 £1,084 3
2015£528,325 £1,205 2

House Type in M5 5LP area

The most common house types in the M5 5LP postcode area are Semi-detached (97), Flat (13), and Terraced (6).

Total117
Semi-detached97
Flat13
Terraced6
Detached1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright44
Owned: Owns with a mortgage or loan36
Social rented: Rents from council or Local Authority13
Private rented: Private landlord or letting agency11
Social rented: Other social rented10
Private rented: Other private rented3
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the M5 5LP have 2 people in household (37), and 1 person in household (30).

2 people in household37
1 person in household30
3 people in household27
4 people in household16
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0