Key indicators for buyers
The M38 market is moderately favourable for buyers. Prices are rising at 52.1%, 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.
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 £256,000 with a 25% deposit (£64k), a 2-year fixed mortgage at 3.97% costs around £1,010 per month.
Monthly cost comparison based on current data
Uses M38 avg. price with Salford rental data
Monthly mortgage payments (£1,010) are £152 less than renting (£1,162). However, buying requires an upfront deposit of £64k — 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 |
|---|---|---|---|
3, CRESTFOLD, LITTLE HULTON M38 0BF | Detached | £256,000 | 13 Jan 2026 |
25, CLUBHOUSE AVENUE, LITTLE HULTON M38 9AZ | Semi-detached | £229,000 | 15 Dec 2025 |
28, PARKWAY, LITTLE HULTON M38 0DY | Semi-detached | £200,000 | 12 Dec 2025 |
2, GRAYMAR ROAD, LITTLE HULTON M38 9PE | Semi-detached | £165,000 | 10 Dec 2025 |
15, SPA CRESCENT, LITTLE HULTON M38 9SF | Terraced | £190,000 | 9 Dec 2025 |
1, WORDSWORTH ROAD, LITTLE HULTON M38 9PT | Semi-detached | £227,500 | 8 Dec 2025 |
25, ROTHWELL CRESCENT, LITTLE HULTON M38 9XN |
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 M38 sold for £256,000 in 2026, with a median of £256,000 across 1 transactions. Prices rose 52.1% compared to the previous year.
| Semi-detached |
| £208,000 |
| 5 Dec 2025 |
25, OLD LANE, LITTLE HULTON M38 9RT | Terraced | £85,000 | 2 Dec 2025 |
76, MANCHESTER ROAD EAST, LITTLE HULTON M38 9LB | Terraced | £161,000 | 21 Nov 2025 |
8, THORNFIELD GROVE, LITTLE HULTON M38 9RH | Terraced | £250,000 | 31 Oct 2025 |
8, TADMOR CLOSE, LITTLE HULTON M38 0BN | Terraced | £130,000 | 28 Oct 2025 |
14A, WILDBROOK ROAD, LITTLE HULTON M38 0ET | Terraced | £130,000 | 27 Oct 2025 |
90, CLEGGS LANE, LITTLE HULTON M38 9NU | Terraced | £100,000 | 17 Oct 2025 |
2, RUSSELL STREET, LITTLE HULTON M38 0LW | Terraced | £145,000 | 16 Oct 2025 |
12, SEEDLEY AVENUE, LITTLE HULTON M38 9LZ | Semi-detached | £221,000 | 15 Oct 2025 |
25, WEST WAY, LITTLE HULTON M38 9QN | Terraced | £145,000 | 14 Oct 2025 |
21, WINGATE ROAD, LITTLE HULTON M38 9PP | Semi-detached | £181,000 | 10 Oct 2025 |
85, RIDYARD STREET, LITTLE HULTON M38 9NF | Semi-detached | £136,500 | 7 Oct 2025 |
135, CARRFIELD AVENUE, LITTLE HULTON M38 0DR | Semi-detached | £110,000 | 6 Oct 2025 |
15, QUEEN STREET, LITTLE HULTON M38 0WH | Detached | £300,000 | 3 Oct 2025 |
The most recent recorded sale in M38 was a detached property on Crestfold for £256,000 in January 2026. Across the last 20 sales, the median price was £181,000.