# M50 1AZ Area Summary
The M50 1AZ postcode covers the Salford Quays area, one of Greater Manchester's most transformed waterfront districts. This former industrial dockland has evolved into a vibrant hub featuring MediaCityUK, The Lowry arts centre, and modern residential developments. With 80 properties averaging £93,950, this area represents exceptional value in the current market, likely reflecting a high proportion of leasehold flats and apartments that characterise the Salford Quays residential landscape.
The notably low average price point suggests the local market is dominated by smaller studio and one-bedroom apartments, many of which are popular with young professionals, investors seeking rental yields, and first-time buyers. Salford Quays benefits from excellent transport links via the Metrolink, direct access to Manchester city centre, and proximity to major employers including the BBC and ITV. The area continues to attract interest due to its ongoing regeneration, waterside amenities, and relative affordability compared to central Manchester postcodes.
This price positioning makes M50 1AZ particularly attractive for buy-to-let investors, given the strong rental demand from media industry workers and Manchester's student population. The area offers a modern urban lifestyle with restaurants, bars, and cultural attractions on the doorstep, whilst maintaining lower entry costs than comparable city centre locations.
The average house price in M50 1AZ, Salford is £93,950. Prices range from £67,000 to £158,000.
There are 80 properties in M50 1AZ, Salford.
M50 1AZ contains 79 flat / maisonette properties, 1 other properties.
Average house prices in M50 1AZ have risen by 69.5% from £80,242 in 2012 to £136,000 in 2025.
M50 1AZ is located in Salford, Greater Manchester, England.
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