6.6% Exceptional
Rental Yield in M38 — MANCHESTER
Rent data based on Salford local authority median. Our methodology
Exceptional ↑ above North West average (4.2%)
· ↑ above England average (3.6%)
£162,500
Median Price
£890
Monthly Rent
6.6%
Gross Yield
415
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £335,520 | 29 |
| Semi-detached | £180,000 | 148 |
| Terraced | £150,000 | 207 |
| Flat | £75,000 | 17 |
| Other | £164,050 | 14 |
Compare Nearby Postcodes
Compare M38 side by side →M38 is part of Salford. View all postcode districts in Salford.
Frequently Asked Questions
What is the rental yield in M38?
M38 has a gross rental yield of 6.6%. The median property price is £162,500 with typical monthly rents of £890, based on Land Registry and VOA data.
Is M38 a good area for buy-to-let?
M38 yields 6.6%, above the England average of 3.6%. With 415 transactions over 3 years, the data is reliable.
What is the median property price in M38?
The median property price in M38 is £162,500, based on 415 Land Registry transactions over 3 years. This compares to £215,000 across Salford as a whole.
Data updated quarterly · Last update: Q1 2026