-
Census 2021 Data -
Homes & Property -
Law and Order -
Jobs & Economy -
Learning & Schools -
Essential Services -
Travel & Transport -
Local Amenities -
Leisure & Recreation -
Environment
Property Price Trends
River Street, Manchester
M1 5BG Manchester District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the M1 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
M1
Most Expensive Property
£85,700,000
Piccadilly Point, 23 Flat 222 Berry Street, M1 2DH
Sold: 20 June 2023
Cheapest Property
£143,000
Granby House Flat 19 Granby Row, M1 7AR
Sold: 16 August 2022
£256,000
The average house price in Manchester was £256,000 in November 2024 (provisional), similar to the revised figure for November 2023. Across the North West, the average house price rose by 5.7% over the same period.
£1,291
Private rents rose to an average of £1,291 in December 2024, an annual increase of 11.3% from £1,160 in December 2023. This was higher than the rise in the North West (9.6%) over the year.
£236,000
The average price paid by first-time buyers was £236,000 in November 2024 (provisional). This was in line with the average in November 2023 (revised).
£262,000
For homes bought with a mortgage, the average house price was £262,000 in November 2024 (provisional). This was similar to the average in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Manchester, E08000003). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in M1 5BG?
The graph below shows the five-year capital growth figures for properties for the M1 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in M1 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Lancashire?
Homebuyers
For homebuyers in Lancashire, the property market is showing steady growth in house prices with an average price of £179,052 according to the latest data. Popular areas for homebuyers include Preston (PR1, PR2) and Lancaster (LA1, LA2) where house prices are rising at a slightly higher rate due to increased demand. Availability of homes remains relatively high in Lancashire, providing homebuyers with a variety of options to choose from. Investors looking to purchase property for buy-to-let purposes may find good opportunities in Blackburn (BB1, BB2) and Blackpool (FY1, FY2) where rental demand is strong.
Renters
Rent prices in Lancashire have been increasing steadily, with the average rent for a two-bedroom property now standing at £700 per month. Popular rental areas include Burnley (BB10, BB11) and Chorley (PR6, PR7) where rental stock is in high demand. Availability of rental properties remains relatively low in some areas, so renters may need to act quickly when a suitable property becomes available. Investors looking to purchase property for rental purposes may find good opportunities in Accrington (BB5) and Morecambe (LA4) where rental yields are favourable.
Investors
For investors in Lancashire, the property market offers good opportunities for high rental yields and capital growth. The average rental yield in Lancashire is currently at 4.5%, making it an attractive option for those looking to invest in buy-to-let properties. Popular areas for investors include Blackburn (BB2, BB3) and Blackpool (FY3, FY4) where rental demand is high and house prices are relatively affordable. Availability of rental properties in these areas is also good, providing investors with a range of options to choose from. Overall, the property market in Lancashire is showing positive trends for investors looking to capitalize on the rental market.
Homebuyers
For homebuyers in Lancashire, the property market is showing steady growth in house prices with an average price of £179,052 according to the latest data. Popular areas for homebuyers include Preston (PR1, PR2) and Lancaster (LA1, LA2) where house prices are rising at a slightly higher rate due to increased demand. Availability of homes remains relatively high in Lancashire, providing homebuyers with a variety of options to choose from. Investors looking to purchase property for buy-to-let purposes may find good opportunities in Blackburn (BB1, BB2) and Blackpool (FY1, FY2) where rental demand is strong.
Renters
Rent prices in Lancashire have been increasing steadily, with the average rent for a two-bedroom property now standing at £700 per month. Popular rental areas include Burnley (BB10, BB11) and Chorley (PR6, PR7) where rental stock is in high demand. Availability of rental properties remains relatively low in some areas, so renters may need to act quickly when a suitable property becomes available. Investors looking to purchase property for rental purposes may find good opportunities in Accrington (BB5) and Morecambe (LA4) where rental yields are favourable.
Investors
For investors in Lancashire, the property market offers good opportunities for high rental yields and capital growth. The average rental yield in Lancashire is currently at 4.5%, making it an attractive option for those looking to invest in buy-to-let properties. Popular areas for investors include Blackburn (BB2, BB3) and Blackpool (FY3, FY4) where rental demand is high and house prices are relatively affordable. Availability of rental properties in these areas is also good, providing investors with a range of options to choose from. Overall, the property market in Lancashire is showing positive trends for investors looking to capitalize on the rental market.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for M1 5BG
Estimated yield for property investors
5.31%
Yield
The estimated yield for the M1 5BG postcode area is 5.31%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in M1 5BG?
The recently sold properties table lists homes around M1 5BG that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 16 February 2024 | £260,000 | Chorlton Mill, 3 507 Cambridge Street, Manchester, M1 5BZ | Flat/Maisonette | Leasehold |
| 17 December 2021 | £335,000 | 1 Flat 102 Cambridge Street, Manchester, M1 5GB | Flat/Maisonette | Leasehold |
| 16 January 2023 | £195,000 | 1 Flat 104 Cambridge Street, Manchester, M1 5GB | Flat/Maisonette | Leasehold |
| 16 January 2023 | £195,000 | 1 Flat 104 Cambridge Street, Manchester, M1 5GB | Flat/Maisonette | Leasehold |
| 01 March 2024 | £166,000 | Macintosh Mills, 4 Apartment 67 Cambridge Street, Manchester, M1 5GH | Flat/Maisonette | Leasehold |
| 19 January 2024 | £350,000 | Chepstow House, 16 20 Flat 75 Chepstow Street, Manchester, M1 5JF | Flat/Maisonette | Leasehold |
| 01 September 2023 | £220,000 | 88a Flat 9 Great Bridgewater Street, Manchester, M1 5JW | Flat/Maisonette | Leasehold |
Nearby sold properties | ||||
| 05 January 2024 | £300,000 | 113 Apartment 21 Newton Street, Manchester, M1 1AE | Flat/Maisonette | Leasehold |
| 23 January 2024 | £160,000 | Chatsworth House, 19 Apartment 102 Lever Street, Manchester, M1 1BY | Flat/Maisonette | Leasehold |
| 31 July 2023 | £178,500 | Regents Court, 6 10 Oldham Street, Manchester, M1 1JQ | Flat/Maisonette | Leasehold |
| 08 December 2023 | £560,000 | 17 Piccadilly, Manchester, M1 1LS | Other | Leasehold |
| 24 November 2023 | £240,000 | 39 Apartment 40 Chapeltown Street, Manchester, M1 2AU | Flat/Maisonette | Leasehold |
| 27 July 2022 | £180,000 | Quantum, 6 Apartment 101 Chapeltown Street, Manchester, M1 2BQ | Flat/Maisonette | Leasehold |
| 24 January 2022 | £240,000 | Quantum, 6 Apartment 68 Chapeltown Street, Manchester, M1 2BQ | Flat/Maisonette | Leasehold |
| 20 June 2023 | £85,700,000 | Piccadilly Point, 23 Flat 222 Berry Street, Manchester, M1 2DH | Other | Freehold |
| 04 March 2024 | £217,500 | Bridge House, 26 Apartment 4 Ducie Street, Manchester, M1 2DQ | Flat/Maisonette | Leasehold |
| 21 December 2021 | £315,000 | Crusader Mill, 70 Flat 109 Chapeltown Street, Manchester, M1 2EW | Flat/Maisonette | Leasehold |
| 14 January 2022 | £220,000 | Crusader Mill, 70 Flat 216 Chapeltown Street, Manchester, M1 2EW | Flat/Maisonette | Leasehold |
| 15 February 2022 | £370,000 | Crusader Mill, 70 Flat 114 Chapeltown Street, Manchester, M1 2EW | Flat/Maisonette | Leasehold |
| 01 February 2022 | £224,400 | Crusader Mill, 70 Flat 103 Chapeltown Street, Manchester, M1 2EW | Flat/Maisonette | Leasehold |
| 22 February 2022 | £295,000 | Crusader Mill, 70 Flat 1 Chapeltown Street, Manchester, M1 2EW | Flat/Maisonette | Leasehold |
| 04 March 2022 | £325,000 | Crusader Mill, 70 Flat 207 Chapeltown Street, Manchester, M1 2EW | Flat/Maisonette | Leasehold |
| 11 March 2022 | £245,000 | Crusader Mill, 70 Flat 118 Chapeltown Street, Manchester, M1 2EW | Flat/Maisonette | Leasehold |
| 20 April 2022 | £180,000 | Crusader Mill, 70 Flat 3 Chapeltown Street, Manchester, M1 2EW | Flat/Maisonette | Leasehold |
| 17 December 2021 | £230,000 | Crusader Mill, 70 Flat 403 Chapeltown Street, Manchester, M1 2EX | Flat/Maisonette | Leasehold |
| 28 January 2022 | £220,000 | Crusader Mill, 70 Flat 301 Chapeltown Street, Manchester, M1 2EX | Flat/Maisonette | Leasehold |
| 01 February 2022 | £334,000 | Crusader Mill, 70 Flat 315 Chapeltown Street, Manchester, M1 2EX | Flat/Maisonette | Leasehold |
| 18 March 2022 | £330,000 | Crusader Mill, 70 Flat 305 Chapeltown Street, Manchester, M1 2EX | Flat/Maisonette | Leasehold |
| 10 October 2022 | £315,000 | 72 Flat 508 Chapeltown Street, Manchester, M1 2EY | Flat/Maisonette | Leasehold |
| 07 October 2022 | £295,000 | 72 Flat 301 Chapeltown Street, Manchester, M1 2EY | Flat/Maisonette | Leasehold |
| 06 October 2022 | £295,000 | 72 Flat 406 Chapeltown Street, Manchester, M1 2EY | Flat/Maisonette | Leasehold |
| 10 November 2022 | £290,000 | 72 Flat 201 Chapeltown Street, Manchester, M1 2EY | Flat/Maisonette | Leasehold |
| 10 October 2022 | £290,000 | 72 Flat 101 Chapeltown Street, Manchester, M1 2EY | Flat/Maisonette | Leasehold |
| 15 December 2022 | £310,000 | 72 Flat 308 Chapeltown Street, Manchester, M1 2EY | Flat/Maisonette | Leasehold |
| 24 June 2022 | £260,000 | Oxygen Tower, 50 Flat A701 Store Street, Manchester, M1 2FS | Flat/Maisonette | Leasehold |
| 05 December 2023 | £242,500 | Oxygen Tower, 50 Flat A904 Store Street, Manchester, M1 2FS | Flat/Maisonette | Leasehold |
| 13 January 2021 | £355,308 | Oxygen Tower, 50 Flat B1003 Store Street, Manchester, M1 2FW | Flat/Maisonette | Leasehold |
| 18 November 2021 | £318,956 | Oxygen Tower, 50 Flat C401 Store Street, Manchester, M1 2FX | Flat/Maisonette | Leasehold |
| 22 November 2022 | £195,000 | 57 0.16 Dale Street, Manchester, M1 2HS | Flat/Maisonette | Leasehold |
| 16 February 2024 | £290,000 | 19 James Brindley Basin, Manchester, M1 2NL | Flat/Maisonette | Leasehold |
| 04 August 2022 | £380,000 | Linter Building, 44 Flat 306 Whitworth Street, Manchester, M1 3AJ | Flat/Maisonette | Leasehold |
| 06 April 2021 | £463,470 | Linter Building, 44 Flat 701 Whitworth Street, Manchester, M1 3AW | Flat/Maisonette | Leasehold |
| 06 September 2023 | £375,000 | Calico Building, 46 Flat 502 Whitworth Street, Manchester, M1 3AX | Flat/Maisonette | Leasehold |
| 15 March 2022 | £205,000 | 14 Flat 20 Whitworth Street, Manchester, M1 3BS | Flat/Maisonette | Leasehold |
| 24 January 2024 | £285,000 | Regency House, 36 38 Flat 25 Whitworth Street, Manchester, M1 3NR | Flat/Maisonette | Leasehold |
| 01 May 2020 | £289,850 | Manhattan Building, 38 Flat 304 George Street, Manchester, M1 4HA | Flat/Maisonette | Leasehold |
| 13 October 2023 | £465,750 | Manhattan Building, 38 Flat 607 George Street, Manchester, M1 4HA | Flat/Maisonette | Leasehold |
| 08 February 2024 | £152,500 | China House, 14 Flat 11 Harter Street, Manchester, M1 6HP | Flat/Maisonette | Leasehold |
| 16 August 2022 | £143,000 | Granby House Flat 19 Granby Row, Manchester, M1 7AR | Flat/Maisonette | Leasehold |
| 19 May 2023 | £156,000 | 45 Lockton Close, Manchester, M1 7JG | Terraced | Leasehold |
Please note that house prices for properties sold in and around M1 5BG during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
