Local market reports › M area › M38
Little Hulton market report M38, Manchester
The standing M38 (Little Hulton) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 3,706 completed sales registered with HM Land Registry in M38 (Manchester) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to August 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release. Page updated 19 October 2026.
In short: the middle 2026 sale in M38 (Manchester) came in at £190,000, out of 35 registered, up 46% on five years earlier, and the mean stands at £188,900, and by floor area homes here have averaged about £2,190 per square metre over the last five years. The record behind it is 3,706 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
M38 is a postcode district covering Little Hulton in Manchester. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where M38 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What a home in M38 sells for
The 2026 median for M38 is £190,000, taken from 35 registered sales. The mean, which is what most sites call the "average house price", is £188,900, nearly identical to it, meaning sales cluster closely around the typical figure.
What a square metre costs in M38
The last five years of sales put M38 at roughly £2,190 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Against a national (England and Wales) median of £285,000, M38 runs 33% below it.
M38's median sold price, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £190,000 | £190,000 | 35 |
| 2025 | £180,000 | £184,304 | 109 |
| 2024 | £180,000 | £191,377 | 127 |
| 2023 | £165,000 | £181,295 | 79 |
| 2022 | £160,000 | £187,618 | 110 |
| 2021 | £130,000 | £164,597 | 113 |
| 2020 | £114,000 | £147,917 | 93 |
| 2019 | £107,000 | £140,251 | 99 |
| 2018 | £95,000 | £126,637 | 117 |
| 2017 | £88,500 | £120,705 | 94 |
| 2016 | £77,500 | £108,423 | 106 |
| 2015 | £72,500 | £102,443 | 129 |
| 2014 | £69,000 | £97,889 | 98 |
| 2013 | £58,000 | £83,456 | 98 |
| 2012 | £62,000 | £91,256 | 69 |
| 2011 | £64,000 | £96,615 | 59 |
| 2010 | £62,000 | £97,232 | 84 |
| 2009 | £63,200 | £101,595 | 54 |
| 2008 | £86,500 | £141,792 | 94 |
| 2007 | £84,400 | £143,166 | 191 |
| 2006 | £80,000 | £138,870 | 201 |
| 2005 | £71,900 | £127,953 | 156 |
| 2004 | £60,800 | £110,425 | 214 |
| 2003 | £43,500 | £80,138 | 221 |
| 2002 | £38,500 | £72,437 | 227 |
| 2001 | £33,400 | £64,210 | 159 |
| 2000 | £32,000 | £62,800 | 119 |
| 1999 | £27,000 | £53,810 | 102 |
| 1998 | £25,500 | £51,474 | 70 |
| 1997 | £26,500 | £54,346 | 96 |
| 1996 | £28,500 | £60,105 | 108 |
| 1995 | £26,000 | £56,520 | 75 |
In cash terms the typical M38 home went from £26,000 in 1995 to £190,000 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 236%, a genuine increase in what a home here costs.
Year-on-year change in the M38 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2004 (+39.8% on the year before); the weakest, 2009 (−26.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | +5.6% | +3.1% |
| 5 years (since 2021) | +7.9% | +2.9% |
| 6 years (since 2020) | +8.9% | +4.3% |
| 10 years (since 2016) | +9.4% | +5.8% |
| 20 years (since 2006) | +4.4% | +1.6% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 54% of the typed total. In 2024, the last year both were recorded here, a detached home traded at £345,000 against £75,500 for a flat, 4.6 times the price.
Median by property type, M38
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £345,000 (2024) | – | 58 |
| Semi-detached | £195,000 | 13 | 1,455 |
| Terraced | £172,000 | 19 | 1,942 |
| Flats | £80,000 (2025) | – | 151 |
How many homes change hands in M38
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The monthly pulse, last five years
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
The register shows 71 M38 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 186 sales a year before the financial crisis and 92 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
How M38 trades
This is a thin market: 71 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. M38 is currently the cheapest district of its postcode area by median price, which cuts both ways: the lowest entry price, and the least priced-in expectation.
The rental side of M38
The local authority for M38 is Salford, and its ONS average private rent currently stands at £1,162 a month (May 2026 figures). A one-bed averages £883 a month here and a four-or-more-bed £1,761, so size does most of the work in setting the rent.
Average monthly rent by size, Salford
ONS Price Index of Private Rents, May 2026.
£1,162 a month is £13,944 a year, which against the £190,000 median sold price makes a gross yield of 7.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Asked and answered: M38 (Little Hulton)
How much did a house sell for in M38 (Little Hulton)?
Are property prices falling in M38 (Little Hulton)?
Is M38 (Little Hulton) a good place to buy a house?
What happens to M38 prices now?
Prediction is not this page's business. Its business is the record, which says: the median is up 46% over five years in cash and up 15% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in M38 today
Everything above is what homes in M38 sold for. Turning to what is actually available: 8 homes on the market right now, from 4 agents publishing to HomesIndex, at a typical asking price 11% below the M38 median sold price.
Set against 71 registered sales in the last twelve months, the 8 homes on the market here are roughly 6 weeks of supply at last year's pace, and more in reality, since only agents who publish to HomesIndex are counted. Supply that short favours the seller; a sensibly priced home here does not sit for long.
29% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every M38 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
The M38 sales calendar
Take the 538 M38 sales dated 2021 to 2025 and sort them by month: March completions lead with 11.9% of the total, April trails with 5.6%. The gap between the two is wide enough to plan around: completion follows the agreed sale by weeks, so the busiest month for completions points to deals done earlier, and a seller wanting several bidders should list ahead of it.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 45 | 8.4% |
| February | 38 | 7.1% |
| March | 64 | 11.9% |
| April | 30 | 5.6% |
| May | 31 | 5.8% |
| June | 48 | 8.9% |
| July | 49 | 9.1% |
| August | 43 | 8.0% |
| September | 47 | 8.7% |
| October | 39 | 7.2% |
| November | 51 | 9.5% |
| December | 53 | 9.9% |
What another bedroom costs in M
The Land Registry record, split by size: what each kind of home actually sold for across the M area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | £240,000 | £277,250 (+16%) | £337,500 (+22%) | £416,000 (+23%) | £574,995 (+38%) |
| Semi-detached | £193,000 | £225,000 (+17%) | £272,000 (+21%) | £355,000 (+31%) | £500,000 (+41%) |
| Terraced | £180,000 | £190,000 (+6%) | £220,350 (+16%) | £262,000 (+19%) | £352,400 (+35%) |
| Flat | £155,000 | £177,500 (+15%) | £250,000 (+41%) | £295,750 (+18%) | £380,000 (+28%) |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
M38 ranks 1 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.
Inside M38, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
How M38 compares nearby
Same city, different markets. The dearest districts of the M area, and M38 itself, which ranks 42 of 42 by median price:
| District | Median | 5-year |
|---|---|---|
| M33 | £410,000 | +27% |
| M21 | £407,500 | +21% |
| M20 | £365,000 | +19% |
| M41 | £345,700 | +20% |
| M16 | £300,000 | +30% |
| M25 | £297,500 | +14% |
| M7 | £297,000 | +35% |
| M32 | £290,000 | +21% |
| M28 | £285,000 | +12% |
| M19 | £277,500 | +23% |
| M45 | £275,000 | +24% |
| M23 | £265,000 | +33% |
| M2 | £257,800 | -34% |
| M22 | £246,500 | +28% |
| M14 | £245,000 | +29% |
| M27 | £245,000 | +23% |
| M29 | £240,000 | +20% |
| M35 | £239,000 | +29% |
| M6 | £235,000 | +18% |
| M30 | £233,500 | +18% |
| M40 | £228,000 | +37% |
| M44 | £228,000 | +27% |
| M43 | £225,000 | +29% |
| M38 (this report) | £190,000 | +46% |
Selling in M38? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at M38's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to M38. Free after a one click sign in.
The live map plots every individual M38 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator 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.