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M local market report Manchester

Every figure on this page comes from the public record: 610,671 sales registered with HM Land Registry in the M postcode area (Manchester) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

M is the postcode area centred on Manchester, taking in 42 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where M sits

Click the map to open M on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

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£236,000median sold price, 2026
+12%five-year change (cash)
13,534sales in the last 12 months
6.9%gross rental yield (est.)

What a home in M sells for

The 2026 median in M is £236,000, from 3,729 registered sales; the mean, £316,600, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so M trades 14% below the country as a whole.

The price of a typical M home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £42,000 at the time · £89,169 in today's money · 13,305 sales1996: £42,000 at the time · £86,507 in today's money · 15,132 sales1997: £45,000 at the time · £90,131 in today's money · 17,098 sales1998: £47,000 at the time · £92,657 in today's money · 16,288 sales1999: £49,000 at the time · £95,374 in today's money · 19,147 sales2000: £52,000 at the time · £99,667 in today's money · 20,296 sales2001: £58,000 at the time · £108,898 in today's money · 21,938 sales2002: £69,500 at the time · £127,710 in today's money · 26,684 sales2003: £85,000 at the time · £152,934 in today's money · 27,570 sales2004: £104,000 at the time · £184,473 in today's money · 27,833 sales2005: £118,500 at the time · £205,957 in today's money · 23,358 sales2006: £129,200 at the time · £219,037 in today's money · 28,655 sales2007: £135,000 at the time · £223,649 in today's money · 28,100 sales2008: £127,000 at the time · £203,318 in today's money · 13,388 sales2009: £123,000 at the time · £193,106 in today's money · 10,978 sales2010: £123,000 at the time · £188,391 in today's money · 11,779 sales2011: £125,000 at the time · £184,295 in today's money · 11,297 sales2012: £125,000 at the time · £179,688 in today's money · 10,954 sales2013: £125,000 at the time · £175,662 in today's money · 13,552 sales2014: £130,000 at the time · £180,120 in today's money · 18,121 sales2015: £137,000 at the time · £189,060 in today's money · 20,609 sales2016: £149,000 at the time · £203,584 in today's money · 23,092 sales2017: £160,000 at the time · £213,127 in today's money · 22,622 sales2018: £165,000 at the time · £214,811 in today's money · 22,155 sales2019: £170,800 at the time · £218,649 in today's money · 21,731 sales2020: £193,000 at the time · £244,573 in today's money · 18,962 sales2021: £210,000 at the time · £259,677 in today's money · 26,206 sales2022: £230,000 at the time · £263,402 in today's money · 21,938 sales2023: £225,000 at the time · £241,446 in today's money · 17,480 sales2024: £236,000 at the time · £245,056 in today's money · 18,796 sales2025: £240,000 at the time · £240,000 in today's money · 17,878 sales2026: £236,000 at the time · £236,000 in today's money · 3,729 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£236,000£236,0003,729
2025£240,000£240,00017,878
2024£236,000£245,05618,796
2023£225,000£241,44617,480
2022£230,000£263,40221,938
2021£210,000£259,67726,206
2020£193,000£244,57318,962
2019£170,800£218,64921,731
2018£165,000£214,81122,155
2017£160,000£213,12722,622
2016£149,000£203,58423,092
2015£137,000£189,06020,609
2014£130,000£180,12018,121
2013£125,000£175,66213,552
2012£125,000£179,68810,954
2011£125,000£184,29511,297
2010£123,000£188,39111,779
2009£123,000£193,10610,978
2008£127,000£203,31813,388
2007£135,000£223,64928,100
2006£129,200£219,03728,655
2005£118,500£205,95723,358
2004£104,000£184,47327,833
2003£85,000£152,93427,570
2002£69,500£127,71026,684
2001£58,000£108,89821,938
2000£52,000£99,66720,296
1999£49,000£95,37419,147
1998£47,000£92,65716,288
1997£45,000£90,13117,098
1996£42,000£86,50715,132
1995£42,000£89,16913,305

In cash terms the typical M home went from £42,000 in 1995 to £236,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 165%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 10% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.

Year-on-year change in the M median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+25% -25% 0% 1996 · +0.0% on the year before1997 · +7.1% on the year before1998 · +4.4% on the year before1999 · +4.3% on the year before2000 · +6.1% on the year before2001 · +11.5% on the year before2002 · +19.8% on the year before2003 · +22.3% on the year before2004 · +22.4% on the year before2005 · +13.9% on the year before2006 · +9.0% on the year before2007 · +4.5% on the year before2008 · −5.9% on the year before2009 · −3.1% on the year before2010 · +0.0% on the year before2011 · +1.6% on the year before2012 · +0.0% on the year before2013 · +0.0% on the year before2014 · +4.0% on the year before2015 · +5.4% on the year before2016 · +8.8% on the year before2017 · +7.4% on the year before2018 · +3.1% on the year before2019 · +3.5% on the year before2020 · +13.0% on the year before2021 · +8.8% on the year before2022 · +9.5% on the year before2023 · −2.2% on the year before2024 · +4.9% on the year before2025 · +1.7% on the year before2026 · −1.7% on the year before200020052010201520202026

The strongest year on record here is 2004 (+22.4% on the year before); the weakest, 2008 (−5.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−1.7%−1.7%
5 years (since 2021)+2.4%−1.9%
10 years (since 2016)+4.7%+1.5%
20 years (since 2006)+3.1%+0.4%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

25k50k 1995: 13,305 sales1996: 15,132 sales1997: 17,098 sales1998: 16,288 sales1999: 19,147 sales2000: 20,296 sales2001: 21,938 sales2002: 26,684 sales2003: 27,570 sales2004: 27,833 sales2005: 23,358 sales2006: 28,655 sales2007: 28,100 sales2008: 13,388 sales2009: 10,978 sales2010: 11,779 sales2011: 11,297 sales2012: 10,954 sales2013: 13,552 sales2014: 18,121 sales2015: 20,609 sales2016: 23,092 sales2017: 22,622 sales2018: 22,155 sales2019: 21,731 sales2020: 18,962 sales2021: 26,206 sales2022: 21,938 sales2023: 17,480 sales2024: 18,796 sales2025: 17,878 sales2026: 3,729 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

2,5005,000 June 2021 · 3,197 sales registeredJuly 2021 · 1,587 sales registeredAugust 2021 · 1,953 sales registeredSeptember 2021 · 3,185 sales registeredOctober 2021 · 1,623 sales registeredNovember 2021 · 1,975 sales registeredDecember 2021 · 2,012 sales registeredJanuary 2022 · 1,657 sales registeredFebruary 2022 · 1,741 sales registeredMarch 2022 · 2,076 sales registeredApril 2022 · 1,779 sales registeredMay 2022 · 1,755 sales registeredJune 2022 · 1,818 sales registeredJuly 2022 · 1,965 sales registeredAugust 2022 · 1,814 sales registeredSeptember 2022 · 1,990 sales registeredOctober 2022 · 1,772 sales registeredNovember 2022 · 1,829 sales registeredDecember 2022 · 1,742 sales registeredJanuary 2023 · 1,323 sales registeredFebruary 2023 · 1,325 sales registeredMarch 2023 · 1,541 sales registeredApril 2023 · 1,130 sales registeredMay 2023 · 1,208 sales registeredJune 2023 · 1,608 sales registeredJuly 2023 · 1,564 sales registeredAugust 2023 · 1,798 sales registeredSeptember 2023 · 1,582 sales registeredOctober 2023 · 1,584 sales registeredNovember 2023 · 1,444 sales registeredDecember 2023 · 1,373 sales registeredJanuary 2024 · 1,208 sales registeredFebruary 2024 · 1,315 sales registeredMarch 2024 · 1,394 sales registeredApril 2024 · 1,314 sales registeredMay 2024 · 1,826 sales registeredJune 2024 · 1,520 sales registeredJuly 2024 · 1,741 sales registeredAugust 2024 · 1,657 sales registeredSeptember 2024 · 1,662 sales registeredOctober 2024 · 1,801 sales registeredNovember 2024 · 1,654 sales registeredDecember 2024 · 1,704 sales registeredJanuary 2025 · 1,396 sales registeredFebruary 2025 · 1,394 sales registeredMarch 2025 · 2,956 sales registeredApril 2025 · 1,034 sales registeredMay 2025 · 1,293 sales registeredJune 2025 · 1,467 sales registeredJuly 2025 · 1,697 sales registeredAugust 2025 · 1,391 sales registeredSeptember 2025 · 1,337 sales registeredOctober 2025 · 1,529 sales registeredNovember 2025 · 1,230 sales registeredDecember 2025 · 1,154 sales registeredJanuary 2026 · 841 sales registeredFebruary 2026 · 959 sales registeredMarch 2026 · 965 sales registeredApril 2026 · 686 sales registeredMay 2026 · 278 sales registered

M recorded 13,534 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 25,554 sales a year before the financial crisis and 15,964 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around M

M falls under Manchester, the local authority covering most of the M area (parts fall under Salford and Trafford, where rents differ), where the ONS puts the average private rent at £1,352 a month (May 2026 figures). A one-bed averages £989 a month here and a four-or-more-bed £1,989, so size does most of the work in setting the rent.

Average monthly rent by size, Manchester

ONS Price Index of Private Rents, May 2026.

1 bed: £989 a month£9891 bed2 bed: £1,216 a month£1,2162 bed3 bed: £1,410 a month£1,4103 bed4+ bed: £1,989 a month£1,9894+ bed

Set against the £236,000 median sold price, £1,352 a month is £16,224 a year, a gross yield of 6.9%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will M prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 12% over five years in cash but down 9% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

The spread across the M area is the point: the same five years treated these districts very differently.

Five-year change in the median, M area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

M17M17 · +43% over five years · median £2,854,400+43%M38M38 · +43% over five years · median £171,000+43%M9M9 · +41% over five years · median £190,000+41%M46M46 · +36% over five years · median £190,000+36%M23M23 · +35% over five years · median £265,000+35%M5M5 · −18% over five years · median £165,000−18%M3M3 · −20% over five years · median £200,000−20%M4M4 · −22% over five years · median £203,800−22%M15M15 · −36% over five years · median £207,400−36%M2M2 · −76% over five years · median £691,500−76%

District by district

The area medians above hide a lot. Here is every M district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
M17 Trafford Park, The Trafford Centre£2,854,400+43%16
M2 Deansgate, City Centre£691,500-76%14
M21 Chorlton-cum-Hardy, Barlow Moor£397,500+19%120
M33 Sale, Brooklands£387,500+23%200
M20 Didsbury, Withington£369,000+23%213
M41 Urmston, Davyhulme£340,000+20%159
M32 Stretford£295,000+26%77
M25 Prestwich, Sedgley Park£283,000+13%89
M45 Whitefield, Besses o' th' Barn£280,000+30%65
M19 Levenshulme, Burnage£275,500+25%100
M7 Higher Broughton, Cheetwood£275,000+34%67
M16 Firswood, Old Trafford£272,500+24%98
M23 Baguley, Brooklands£265,000+35%89
M28 Worsley, Walkden£265,000+8%155
M13 Ardwick, Longsight£250,000+11%17
M27 Swinton, Clifton£238,000+24%151
M22 Wythenshawe, Northenden£237,500+28%117
M14 Fallowfield, Moss Side£235,000+26%95
M29 Tyldesley, Astley£230,000+21%83
M44 Irlam, Cadishead£228,000+30%63
M30 Eccles, Monton£225,000+23%126
M1 Piccadilly, City Centre£220,000-12%61
M35 Failsworth£213,800+24%80
M15 Hulme, Manchester Science Park£207,400-36%80
M6 Pendleton, Irlams o' th' Height£206,000+14%102
M43 Droylsden£204,000+24%67
M4 Arndale, Ancoats£203,800-22%102
M3£200,000-20%65
M34 Denton, Audenshaw£200,000+11%135
M50 Salford Quays, MediaCityUK£200,000+8%32
M24 Middleton, Alkrington£198,500+13%168
M31 Carrington, Partington£193,000+13%12
M40 Collyhurst, Miles Platting£191,000+27%111
M9 Harpurhey, Blackley£190,000+41%95
M46 Atherton, Over Hulton£190,000+36%84
M26 Radcliffe, Stoneclough£184,000+16%146
M11 Clayton, Openshaw£180,000+24%61
M18 Abbey Hey, Gorton£180,000+30%54
M38 Little Hulton£171,000+43%24
M12 Ardwick, Longsight£170,500+14%30
M5 Ordsall, Seedley£165,000-18%72
M8 Crumpsall, Cheetham Hill£165,000+6%57

Dig further

See every individual M sale on the live map, mapped to the exact address, or the quick-reference M price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.