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M12 local market report Manchester

Every figure on this page comes from the public record: 6,038 sales registered with HM Land Registry in M12 (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.

M12 is the postcode district covering Ardwick, Longsight, Chorlton-on-Medlock in Manchester. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where M12 sits

Click the map to open M12 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

M14M4M1M18M19M2M15M3SK5M43M16M7M21M34M5M6OL7M50M32M12
£170,500median sold price, 2026
+14%five-year change (cash)
98sales in the last 12 months
9.5%gross rental yield (est.)

What a home in M12 sells for

The 2026 median in M12 is £170,500, from 30 registered sales; the mean, £191,600, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so M12 trades 38% below the country as a whole.

The price of a typical M12 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)
£63k£125k£188k£250k1995200020052010201520202026 1995: £20,400 at the time · £43,311 in today's money · 221 sales1996: £20,200 at the time · £41,606 in today's money · 212 sales1997: £16,000 at the time · £32,046 in today's money · 240 sales1998: £17,100 at the time · £33,711 in today's money · 146 sales1999: £16,600 at the time · £32,310 in today's money · 223 sales2000: £14,000 at the time · £26,833 in today's money · 239 sales2001: £16,000 at the time · £30,041 in today's money · 264 sales2002: £20,000 at the time · £36,751 in today's money · 351 sales2003: £33,000 at the time · £59,374 in today's money · 340 sales2004: £58,200 at the time · £103,234 in today's money · 334 sales2005: £70,000 at the time · £121,662 in today's money · 273 sales2006: £84,200 at the time · £142,747 in today's money · 260 sales2007: £100,000 at the time · £165,666 in today's money · 322 sales2008: £100,000 at the time · £160,093 in today's money · 124 sales2009: £85,000 at the time · £133,447 in today's money · 98 sales2010: £80,500 at the time · £123,296 in today's money · 106 sales2011: £72,800 at the time · £107,333 in today's money · 91 sales2012: £71,500 at the time · £102,781 in today's money · 76 sales2013: £71,500 at the time · £100,479 in today's money · 90 sales2014: £75,000 at the time · £103,916 in today's money · 105 sales2015: £115,500 at the time · £159,390 in today's money · 190 sales2016: £112,500 at the time · £153,713 in today's money · 245 sales2017: £125,000 at the time · £166,506 in today's money · 233 sales2018: £140,500 at the time · £182,915 in today's money · 225 sales2019: £135,000 at the time · £172,820 in today's money · 211 sales2020: £120,000 at the time · £152,066 in today's money · 151 sales2021: £150,000 at the time · £185,484 in today's money · 161 sales2022: £165,000 at the time · £188,963 in today's money · 136 sales2023: £170,500 at the time · £182,963 in today's money · 106 sales2024: £180,000 at the time · £186,907 in today's money · 121 sales2025: £195,000 at the time · £195,000 in today's money · 114 sales2026: £170,500 at the time · £170,500 in today's money · 30 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£170,500£170,50030
2025£195,000£195,000114
2024£180,000£186,907121
2023£170,500£182,963106
2022£165,000£188,963136
2021£150,000£185,484161
2020£120,000£152,066151
2019£135,000£172,820211
2018£140,500£182,915225
2017£125,000£166,506233
2016£112,500£153,713245
2015£115,500£159,390190
2014£75,000£103,916105
2013£71,500£100,47990
2012£71,500£102,78176
2011£72,800£107,33391
2010£80,500£123,296106
2009£85,000£133,44798
2008£100,000£160,093124
2007£100,000£165,666322
2006£84,200£142,747260
2005£70,000£121,662273
2004£58,200£103,234334
2003£33,000£59,374340
2002£20,000£36,751351
2001£16,000£30,041264
2000£14,000£26,833239
1999£16,600£32,310223
1998£17,100£33,711146
1997£16,000£32,046240
1996£20,200£41,606212
1995£20,400£43,311221

In cash terms the typical M12 home went from £20,400 in 1995 to £170,500 in 2026, roughly 8 times the price. Even after inflation that is a real rise of about 294%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2025; the current median sits about 13% below that. Someone who bought at the 2025 peak has not yet seen that price back in real terms.

Year-on-year change in the M12 median

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

+100% -100% 0% 1996 · −1.0% on the year before1997 · −20.8% on the year before1998 · +6.9% on the year before1999 · −2.9% on the year before2000 · −15.7% on the year before2001 · +14.3% on the year before2002 · +25.0% on the year before2003 · +65.0% on the year before2004 · +76.4% on the year before2005 · +20.3% on the year before2006 · +20.3% on the year before2007 · +18.8% on the year before2008 · +0.0% on the year before2009 · −15.0% on the year before2010 · −5.3% on the year before2011 · −9.6% on the year before2012 · −1.8% on the year before2013 · +0.0% on the year before2014 · +4.9% on the year before2015 · +54.0% on the year before2016 · −2.6% on the year before2017 · +11.1% on the year before2018 · +12.4% on the year before2019 · −3.9% on the year before2020 · −11.1% on the year before2021 · +25.0% on the year before2022 · +10.0% on the year before2023 · +3.3% on the year before2024 · +5.6% on the year before2025 · +8.3% on the year before2026 · −12.6% on the year before200020052010201520202026

The strongest year on record here is 2004 (+76.4% on the year before); the weakest, 1997 (−20.8%). 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)−12.6%−12.6%
5 years (since 2021)+2.6%−1.7%
10 years (since 2016)+4.2%+1.0%
20 years (since 2006)+3.6%+0.9%

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.

250500 1995: 221 sales1996: 212 sales1997: 240 sales1998: 146 sales1999: 223 sales2000: 239 sales2001: 264 sales2002: 351 sales2003: 340 sales2004: 334 sales2005: 273 sales2006: 260 sales2007: 322 sales2008: 124 sales2009: 98 sales2010: 106 sales2011: 91 sales2012: 76 sales2013: 90 sales2014: 105 sales2015: 190 sales2016: 245 sales2017: 233 sales2018: 225 sales2019: 211 sales2020: 151 sales2021: 161 sales2022: 136 sales2023: 106 sales2024: 121 sales2025: 114 sales2026: 30 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.

1325 May 2021 · 13 sales registeredJune 2021 · 17 sales registeredJuly 2021 · 14 sales registeredAugust 2021 · 9 sales registeredSeptember 2021 · 22 sales registeredOctober 2021 · 10 sales registeredNovember 2021 · 9 sales registeredDecember 2021 · 12 sales registeredJanuary 2022 · 5 sales registeredFebruary 2022 · 14 sales registeredMarch 2022 · 13 sales registeredApril 2022 · 7 sales registeredMay 2022 · 9 sales registeredJune 2022 · 11 sales registeredJuly 2022 · 16 sales registeredAugust 2022 · 10 sales registeredSeptember 2022 · 17 sales registeredOctober 2022 · 13 sales registeredNovember 2022 · 12 sales registeredDecember 2022 · 9 sales registeredJanuary 2023 · 9 sales registeredFebruary 2023 · 8 sales registeredMarch 2023 · 14 sales registeredApril 2023 · 10 sales registeredMay 2023 · 12 sales registeredJune 2023 · 5 sales registeredJuly 2023 · 8 sales registeredAugust 2023 · 7 sales registeredSeptember 2023 · 10 sales registeredOctober 2023 · 6 sales registeredNovember 2023 · 8 sales registeredDecember 2023 · 9 sales registeredJanuary 2024 · 12 sales registeredFebruary 2024 · 9 sales registeredMarch 2024 · 11 sales registeredApril 2024 · 16 sales registeredMay 2024 · 8 sales registeredJuly 2024 · 8 sales registeredAugust 2024 · 11 sales registeredSeptember 2024 · 16 sales registeredOctober 2024 · 9 sales registeredNovember 2024 · 11 sales registeredDecember 2024 · 8 sales registeredJanuary 2025 · 4 sales registeredFebruary 2025 · 10 sales registeredMarch 2025 · 15 sales registeredApril 2025 · 9 sales registeredMay 2025 · 8 sales registeredJune 2025 · 9 sales registeredJuly 2025 · 10 sales registeredAugust 2025 · 8 sales registeredSeptember 2025 · 16 sales registeredOctober 2025 · 11 sales registeredNovember 2025 · 9 sales registeredDecember 2025 · 5 sales registeredJanuary 2026 · 9 sales registeredFebruary 2026 · 5 sales registeredMarch 2026 · 5 sales registeredApril 2026 · 8 sales registeredMay 2026 · 3 sales registered

M12 recorded 98 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 298 sales a year before the financial crisis and 101 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 M12

M12 falls under Manchester, 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 £170,500 median sold price, £1,352 a month is £16,224 a year, a gross yield of 9.5%: 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 M12 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 14% over five years in cash but down 8% 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

M12 ranks 28 of 42 in the M area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.

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%M12M12 · +14% over five years · median £170,500+14%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%

Inside M12, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
M12 4£190,00015
M12 5£170,00014
M12 6£217,50010

How M12 compares nearby

Same city, different markets. The neighbouring districts of the M area, dearest first:

DistrictMedian5-year
M17£2,854,400+43%
M2£691,500-76%
M21£397,500+19%
M33£387,500+23%
M20£369,000+23%
M41£340,000+20%
M32£295,000+26%
M25£283,000+13%
M45£280,000+30%
M19£275,500+25%
M7£275,000+34%
M16£272,500+24%
M23£265,000+35%
M28£265,000+8%
M13£250,000+11%
M27£238,000+24%
M22£237,500+28%
M14£235,000+26%
M29£230,000+21%
M44£228,000+30%
M30£225,000+23%
M1£220,000-12%
M35£213,800+24%
M15£207,400-36%

Dig further

See every individual M12 sale on the live map, mapped to the exact address, or the quick-reference M12 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.