# M5 4ZE Area Summary
The M5 4ZE postcode covers the Ordsall and Salford Quays area of Salford, Greater Manchester, representing one of the city's most transformed districts. This waterfront location has evolved from industrial docklands into a vibrant hub featuring MediaCityUK, the Lowry Theatre, and excellent transport links including the Metrolink tram network. The area appeals particularly to young professionals and buy-to-let investors, drawn by its proximity to Manchester city centre and the concentration of media, digital, and creative industries.
With 89 properties in the dataset and an average price of £240,775, the area demonstrates relatively affordable entry points compared to central Manchester, particularly given the modern apartment stock that dominates the locale. This price point reflects the prevalence of one and two-bedroom flats, many within purpose-built developments overlooking the waterfront. The Salford Quays regeneration continues to attract investment, with ongoing development maintaining steady demand and supporting capital growth potential.
The area's appeal lies in its excellent connectivity—just minutes from Manchester city centre by tram or car—combined with waterside amenities, cultural attractions, and a contemporary urban lifestyle. The presence of major employers including the BBC and ITV, alongside numerous restaurants, bars, and leisure facilities at the Quays, has established M5 4ZE as a desirable location for modern city living at a more accessible price point than equivalent Manchester postcodes.
The average house price in M5 4ZE, Salford is £240,775. Prices range from £152,951 to £395,860.
There are 89 properties in M5 4ZE, Salford.
M5 4ZE contains 89 flat / maisonette properties.
Average house prices in M5 4ZE have risen by 5.8% from £230,100 in 2020 to £243,500 in 2024.
M5 4ZE is located in Salford, Greater Manchester, England.