Key indicators for buyers
The M3 market looks favourable for buyers. Prices have softened (-13.7%), which could present a buying opportunity. 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.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
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.
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.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Salford price of £250,643 with a 25% deposit (£63k), a 2-year fixed mortgage at 3.97% costs around £989 per month.
Monthly cost comparison based on current data
Uses M3 avg. price with Salford rental data
Monthly mortgage payments (£989) are £173 less than renting (£1,162). However, buying requires an upfront deposit of £63k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
APARTMENT 411, ADELPHI WHARF 2, 9, ADELPHI STREET M3 6GG | Flat/Maisonette | £138,000 | 28 Jan 2026 |
61, PORCHFIELD SQUARE M3 4FG | Flat/Maisonette | £225,000 | 16 Jan 2026 |
FLAT 203, WHITWORTH, 39, POTATO WHARF M3 4BH | Flat/Maisonette | £204,000 | 14 Jan 2026 |
APARTMENT 5, CENTRAL COURT, MELVILLE STREET M3 6DH | Flat/Maisonette | £212,000 | 8 Jan 2026 |
APARTMENT 1802, NOVELLA APARTMENTS, 15, STANLEY STREET M3 5GW | Flat/Maisonette | £240,000 | 6 Jan 2026 |
FLAT 119, CENTURY BUILDINGS, 14, ST MARYS PARSONAGE M3 2DE | Flat/Maisonette | £515,500 | 5 Jan 2026 |
13, ROZEL SQUARE |
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.
The average property in M3 sold for £250,643 in 2026, with a median of £220,000 across 7 transactions. Prices fell 13.7% compared to the previous year.
| Flat/Maisonette |
| £220,000 |
| 2 Jan 2026 |
APARTMENT 5-20, ADELPHI WHARF 1, 11, ADELPHI STREET M3 6DN | Flat/Maisonette | £145,000 | 22 Dec 2025 |
FLAT 122, CITY POINT, 156, CHAPEL STREET M3 6ET | Flat/Maisonette | £162,000 | 22 Dec 2025 |
APARTMENT M7, 265, CHAPEL STREET M3 5LA | Flat/Maisonette | £174,000 | 22 Dec 2025 |
APARTMENT 402, 18, LEFTBANK M3 3AJ | Flat/Maisonette | £405,000 | 19 Dec 2025 |
APARTMENT 204, VIMTO GARDENS, CHAPEL STREET M3 5JF | Flat/Maisonette | £291,000 | 19 Dec 2025 |
50, ANGORA DRIVE M3 6AR | Terraced | £235,000 | 19 Dec 2025 |
APARTMENT 407, 32, QUAY STREET M3 5FZ | Flat/Maisonette | £177,000 | 19 Dec 2025 |
APARTMENT 627, ABITO, 85, GREENGATE M3 7ND | Flat/Maisonette | £120,000 | 19 Dec 2025 |
APARTMENT 1, 3, BARTON STREET M3 4NN | Flat/Maisonette | £180,500 | 19 Dec 2025 |
FLAT 31, MODEL LODGING HOUSE, BLOOM STREET M3 6AJ | Flat/Maisonette | £350,000 | 19 Dec 2025 |
FLAT 135, CITY POINT, 156, CHAPEL STREET M3 6ET | Flat/Maisonette | £140,000 | 18 Dec 2025 |
FLAT 2006, CITY HEIGHTS, VICTORIA BRIDGE STREET M3 5AS | Flat/Maisonette | £99,000 | 18 Dec 2025 |
FLAT 90, CITY POINT, 156, CHAPEL STREET M3 6ET | Flat/Maisonette | £165,000 | 18 Dec 2025 |
The most recent recorded sale in M3 was a flat/maisonette property on Adelphi Street for £138,000 in January 2026. Across the last 20 sales, the median price was £204,000.