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M34 local market report Manchester

Every figure on this page comes from the public record: 23,484 sales registered with HM Land Registry in M34 (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.

M34 is the postcode district covering Denton, Audenshaw 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 M34 sits

Click the map to open M34 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

OL7M18SK16M35SK1M11OL6SK4M19M12SK14M40M13M14OL5SK15M4M1M34
£200,000median sold price, 2026
+11%five-year change (cash)
539sales in the last 12 months
5.5%gross rental yield (est.)

What a home in M34 sells for

The 2026 median in M34 is £200,000, from 135 registered sales; the mean, £237,400, 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 M34 trades 27% below the country as a whole.

The price of a typical M34 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: £40,000 at the time · £84,923 in today's money · 648 sales1996: £41,000 at the time · £84,448 in today's money · 723 sales1997: £44,000 at the time · £88,128 in today's money · 834 sales1998: £43,500 at the time · £85,757 in today's money · 691 sales1999: £46,500 at the time · £90,508 in today's money · 774 sales2000: £50,000 at the time · £95,833 in today's money · 899 sales2001: £53,000 at the time · £99,510 in today's money · 900 sales2002: £56,000 at the time · £102,903 in today's money · 1,034 sales2003: £75,000 at the time · £134,941 in today's money · 1,021 sales2004: £90,500 at the time · £160,527 in today's money · 837 sales2005: £107,000 at the time · £185,970 in today's money · 604 sales2006: £116,000 at the time · £196,658 in today's money · 938 sales2007: £125,000 at the time · £207,083 in today's money · 977 sales2008: £115,000 at the time · £184,107 in today's money · 460 sales2009: £111,800 at the time · £175,522 in today's money · 402 sales2010: £109,500 at the time · £167,714 in today's money · 484 sales2011: £116,700 at the time · £172,058 in today's money · 512 sales2012: £110,000 at the time · £158,125 in today's money · 508 sales2013: £117,500 at the time · £165,122 in today's money · 586 sales2014: £120,000 at the time · £166,265 in today's money · 650 sales2015: £127,000 at the time · £175,260 in today's money · 699 sales2016: £130,000 at the time · £177,624 in today's money · 810 sales2017: £146,800 at the time · £195,544 in today's money · 880 sales2018: £156,000 at the time · £203,094 in today's money · 883 sales2019: £160,000 at the time · £204,824 in today's money · 833 sales2020: £170,000 at the time · £215,427 in today's money · 668 sales2021: £180,000 at the time · £222,581 in today's money · 1,036 sales2022: £197,000 at the time · £225,610 in today's money · 850 sales2023: £206,000 at the time · £221,058 in today's money · 709 sales2024: £220,000 at the time · £228,442 in today's money · 749 sales2025: £215,000 at the time · £215,000 in today's money · 750 sales2026: £200,000 at the time · £200,000 in today's money · 135 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£200,000£200,000135
2025£215,000£215,000750
2024£220,000£228,442749
2023£206,000£221,058709
2022£197,000£225,610850
2021£180,000£222,5811,036
2020£170,000£215,427668
2019£160,000£204,824833
2018£156,000£203,094883
2017£146,800£195,544880
2016£130,000£177,624810
2015£127,000£175,260699
2014£120,000£166,265650
2013£117,500£165,122586
2012£110,000£158,125508
2011£116,700£172,058512
2010£109,500£167,714484
2009£111,800£175,522402
2008£115,000£184,107460
2007£125,000£207,083977
2006£116,000£196,658938
2005£107,000£185,970604
2004£90,500£160,527837
2003£75,000£134,9411,021
2002£56,000£102,9031,034
2001£53,000£99,510900
2000£50,000£95,833899
1999£46,500£90,508774
1998£43,500£85,757691
1997£44,000£88,128834
1996£41,000£84,448723
1995£40,000£84,923648

In cash terms the typical M34 home went from £40,000 in 1995 to £200,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 136%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2024; the current median sits about 12% below that. Someone who bought at the 2024 peak has not yet seen that price back in real terms.

Year-on-year change in the M34 median

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

+50% -50% 0% 1996 · +2.5% on the year before1997 · +7.3% on the year before1998 · −1.1% on the year before1999 · +6.9% on the year before2000 · +7.5% on the year before2001 · +6.0% on the year before2002 · +5.7% on the year before2003 · +33.9% on the year before2004 · +20.7% on the year before2005 · +18.2% on the year before2006 · +8.4% on the year before2007 · +7.8% on the year before2008 · −8.0% on the year before2009 · −2.8% on the year before2010 · −2.1% on the year before2011 · +6.6% on the year before2012 · −5.7% on the year before2013 · +6.8% on the year before2014 · +2.1% on the year before2015 · +5.8% on the year before2016 · +2.4% on the year before2017 · +12.9% on the year before2018 · +6.3% on the year before2019 · +2.6% on the year before2020 · +6.3% on the year before2021 · +5.9% on the year before2022 · +9.4% on the year before2023 · +4.6% on the year before2024 · +6.8% on the year before2025 · −2.3% on the year before2026 · −7.0% on the year before200020052010201520202026

The strongest year on record here is 2003 (+33.9% on the year before); the weakest, 2008 (−8.0%). 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)−7.0%−7.0%
5 years (since 2021)+2.1%−2.1%
10 years (since 2016)+4.4%+1.2%
20 years (since 2006)+2.8%+0.1%

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.

1,0002,000 1995: 648 sales1996: 723 sales1997: 834 sales1998: 691 sales1999: 774 sales2000: 899 sales2001: 900 sales2002: 1,034 sales2003: 1,021 sales2004: 837 sales2005: 604 sales2006: 938 sales2007: 977 sales2008: 460 sales2009: 402 sales2010: 484 sales2011: 512 sales2012: 508 sales2013: 586 sales2014: 650 sales2015: 699 sales2016: 810 sales2017: 880 sales2018: 883 sales2019: 833 sales2020: 668 sales2021: 1,036 sales2022: 850 sales2023: 709 sales2024: 749 sales2025: 750 sales2026: 135 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.

100200 June 2021 · 125 sales registeredJuly 2021 · 59 sales registeredAugust 2021 · 69 sales registeredSeptember 2021 · 135 sales registeredOctober 2021 · 59 sales registeredNovember 2021 · 83 sales registeredDecember 2021 · 73 sales registeredJanuary 2022 · 49 sales registeredFebruary 2022 · 63 sales registeredMarch 2022 · 84 sales registeredApril 2022 · 50 sales registeredMay 2022 · 76 sales registeredJune 2022 · 54 sales registeredJuly 2022 · 85 sales registeredAugust 2022 · 94 sales registeredSeptember 2022 · 65 sales registeredOctober 2022 · 83 sales registeredNovember 2022 · 86 sales registeredDecember 2022 · 61 sales registeredJanuary 2023 · 66 sales registeredFebruary 2023 · 62 sales registeredMarch 2023 · 65 sales registeredApril 2023 · 51 sales registeredMay 2023 · 55 sales registeredJune 2023 · 63 sales registeredJuly 2023 · 62 sales registeredAugust 2023 · 61 sales registeredSeptember 2023 · 68 sales registeredOctober 2023 · 69 sales registeredNovember 2023 · 36 sales registeredDecember 2023 · 51 sales registeredJanuary 2024 · 48 sales registeredFebruary 2024 · 53 sales registeredMarch 2024 · 70 sales registeredApril 2024 · 58 sales registeredMay 2024 · 46 sales registeredJune 2024 · 54 sales registeredJuly 2024 · 71 sales registeredAugust 2024 · 80 sales registeredSeptember 2024 · 68 sales registeredOctober 2024 · 78 sales registeredNovember 2024 · 57 sales registeredDecember 2024 · 66 sales registeredJanuary 2025 · 57 sales registeredFebruary 2025 · 69 sales registeredMarch 2025 · 113 sales registeredApril 2025 · 50 sales registeredMay 2025 · 57 sales registeredJune 2025 · 58 sales registeredJuly 2025 · 69 sales registeredAugust 2025 · 50 sales registeredSeptember 2025 · 63 sales registeredOctober 2025 · 66 sales registeredNovember 2025 · 59 sales registeredDecember 2025 · 39 sales registeredJanuary 2026 · 26 sales registeredFebruary 2026 · 41 sales registeredMarch 2026 · 29 sales registeredApril 2026 · 30 sales registeredMay 2026 · 9 sales registered

M34 recorded 539 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 901 sales a year before the financial crisis and 639 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 M34

M34 falls under Tameside, where the ONS puts the average private rent at £920 a month (May 2026 figures). A one-bed averages £677 a month here and a four-or-more-bed £1,389, so size does most of the work in setting the rent.

Average monthly rent by size, Tameside

ONS Price Index of Private Rents, May 2026.

1 bed: £677 a month£6771 bed2 bed: £875 a month£8752 bed3 bed: £1,050 a month£1,0503 bed4+ bed: £1,389 a month£1,3894+ bed

Set against the £200,000 median sold price, £920 a month is £11,040 a year, a gross yield of 5.5%: 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 M34 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 11% over five years in cash but down 10% 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

M34 ranks 33 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%M34M34 · +11% over five years · median £200,000+11%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 M34, 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
M34 2£240,00022
M34 3£185,00035
M34 5£196,00029
M34 6£222,50018
M34 7£185,00031

How M34 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 M34 sale on the live map, mapped to the exact address, or the quick-reference M34 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.