Salford Property Market Overview
MediaCityUK anchor driving Salford Quays and Crescent waterfront residential development
The Salford property market recorded 2,784 residential sales over the past 12 months, with a median sale price of £227,000. This places Salford £14k above the Greater Manchester county median of £213,500, and £58k below the UK national median of £285,000.
Prices in Salford have shown strong growth, with a year-on-year change of +3.2%. Within Greater Manchester, Salford ranks 5th by price out of 10 principal towns, and 4th by transaction volume.
Salford House Prices by Property Type
Property prices in Salford vary significantly by type. The table below compares Salford prices with Greater Manchester county averages and UK national figures.
| Type | Salford | Greater Manchester Avg | UK Avg |
|---|---|---|---|
| Detached | £385,000 | £378,500 | £420,000 |
| Semi-detached | £260,000 | £250,000 | £265,000 |
| Terraced | £202,000 | £178,500 | £230,000 |
| Flat | £170,000 | £133,250 | £225,000 |
Detached homes in Salford command £385,000, while flat properties are most accessible at £170,000. The £215k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.
Median Price by Property Type
New Build Homes in Salford
Salford recorded 229 new-build transactions in the past 12 months, representing 8.2% of total sales. This indicates meaningful developer activity and proven buyer demand for new homes in the area.
New-build properties in Salford traded at a premium of 14.9% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Greater Manchester market, 620 new-build completions were recorded — see our Greater Manchester property market report for the full county picture.
Recent Property Sales in Salford
The following table shows the most recent property transactions recorded in Salford, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £175,000 | Flat | M7 3BL | 2026-02-25 | Existing |
| £295,000 | Semi-detached | M44 5ER | 2026-02-25 | Existing |
| £395,000 | Semi-detached | M27 5GF | 2026-02-23 | Existing |
| £135,000 | Terraced | M5 3GE | 2026-02-20 | Existing |
| £230,000 | Semi-detached | M5 5NU | 2026-02-20 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £135,000 to £395,000 illustrates the breadth of the Salford market.
Development Finance in Salford
For developers considering Salford, the local market data translates directly into finance structuring. With a median value of £227,000 and detached homes at £385,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a Salford scheme with a GDV of £385,000 would attract senior debt of approximately £250,250 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
With prices rising 3.2% year-on-year, Salford presents a supportive environment for new development. Lenders view positive price momentum favourably when assessing loan applications.
Ready to develop in Salford? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Salford Compared to Nearby Greater Manchester Towns
To put Salford's market in context, the table below compares it with similarly-priced towns across Greater Manchester:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Salford | £227,000 | 2,784 | +3.2% |
| Bury | £229,000 | 1,879 | -0.8% |
| Manchester | £240,000 | 4,093 | -4% |
| Ashton-under-Lyne | £200,000 | 2,067 | -1.5% |
| Oldham | £193,000 | 1,907 | +1.6% |
| Bolton | £190,000 | 2,756 | +1.6% |
For the full Greater Manchester town-by-town breakdown, see our comprehensive Greater Manchester property market report.
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From 12% p.a. · Up to 85-90% LTGDVRelated Reports
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5 min readFrequently Asked Questions
What is the average house price in Salford?
The median house price in Salford is £227,000, based on 2,784 transactions over the past 12 months. Detached homes average £385,000 while flat properties average £170,000.
Are house prices rising or falling in Salford?
House prices in Salford are rising at +3.2% year-on-year. This positive trend suggests sustained buyer demand. The wider Greater Manchester market is falling at -0.3%.
How many properties sold in Salford recently?
Salford recorded 2,784 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Salford?
Developers in Salford can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.