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Property Price Trends
Demesne Road, Manchester
M16 8PJ Manchester District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the M16 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
M16

Most Expensive Property
£2,400,000
Link House Warwick Road South, M16 0JT
Sold: 17 November 2023

Cheapest Property
£10,500
Montgomery House Unit 108 M Demesne Road, M16 8PH
Sold: 01 August 2023

£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 M16 8PJ?
The graph below shows the five-year capital growth figures for properties for the M16 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 M16 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 M16 8PJ
Estimated yield for property investors
3.75%
Yield
The estimated yield for the M16 8PJ postcode area is 3.75%, 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 M16 8PJ?
The recently sold properties table lists homes around M16 8PJ 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 |
---|---|---|---|---|
02 February 2024 | £135,000 | 64 Flat 6 Whalley Road, Manchester, M16 8AH | Flat/Maisonette | Leasehold |
21 February 2024 | £123,000 | Crystal House Flat 10 Withington Road, Manchester, M16 8BA | Flat/Maisonette | Leasehold |
27 March 2024 | £150,000 | 22 Victoria Road, Whalley Range, Manchester, M16 8DP | Semi-Detached | Freehold |
30 April 2021 | £180,000 | 6 Broadmeadow Avenue, Manchester, M16 8GS | Detached | Leasehold |
04 December 2020 | £165,000 | 46 Flat 1 Alexandra Road South, Manchester, M16 8JA | Flat/Maisonette | Leasehold |
29 January 2024 | £166,000 | 48 50 Flat 16 Alexandra Road South, Manchester, M16 8JA | Flat/Maisonette | Leasehold |
16 February 2024 | £290,000 | 14 Wellington Avenue, Manchester, M16 8JG | Terraced | Freehold |
01 November 2023 | £315,000 | 20 Blenheim Avenue, Manchester, M16 8JT | Terraced | Freehold |
20 September 2023 | £120,000 | Royston Court, 30 Flat 43 Carlton Road, Manchester, M16 8LN | Flat/Maisonette | Leasehold |
13 March 2024 | £283,000 | 12 Caistor Close, Manchester, M16 8NW | Terraced | Freehold |
05 August 2022 | £17,000 | Montgomery House Unit 209 M Demesne Road, Manchester, M16 8PH | Other | Leasehold |
28 September 2023 | £15,000 | Montgomery House Unit 128a Demesne Road, Manchester, M16 8PH | Other | Leasehold |
04 July 2023 | £13,000 | Montgomery House Unit 17a Demesne Road, Manchester, M16 8PH | Other | Leasehold |
01 August 2023 | £10,500 | Montgomery House Unit 108 M Demesne Road, Manchester, M16 8PH | Other | Leasehold |
15 March 2019 | £350,000 | 84 Demesne Road, Manchester, M16 8PJ | Other | Freehold |
11 March 2022 | £834,000 | 84 Demesne Road, Manchester, M16 8PJ | Semi-Detached | Freehold |
07 March 2024 | £181,000 | 21 Flat 17 Manley Road, Manchester, M16 8RW | Flat/Maisonette | Leasehold |
Nearby sold properties | ||||
16 February 2024 | £320,000 | 74 York Avenue, Manchester, M16 0AG | Terraced | Freehold |
08 March 2024 | £286,000 | 24 Hawarden Avenue, Manchester, M16 0AP | Terraced | Freehold |
29 January 2024 | £675,000 | 238 Upper Chorlton Road, Manchester, M16 0BJ | Semi-Detached | Leasehold |
11 March 2024 | £230,000 | Queens Court Flat 11 Manchester Road, Manchester, M16 0EA | Flat/Maisonette | Leasehold |
24 February 2023 | £420,000 | 116 Great Stone Road, Manchester, M16 0HD | Semi-Detached | Freehold |
17 November 2023 | £2,400,000 | Link House Warwick Road South, Manchester, M16 0JT | Other | Freehold |
17 November 2023 | £2,400,000 | Link House Warwick Road South, Manchester, M16 0JT | Other | Leasehold |
17 November 2023 | £2,400,000 | 7 Warwick Road South, Manchester, M16 0JW | Other | Freehold |
09 March 2023 | £152,834 | Paragon House 48 Apartment 507 Seymour Grove, Manchester, M16 0LN | Flat/Maisonette | Leasehold |
13 October 2023 | £189,000 | Alexander House, 94 Apartment 303 Talbot Road, Old Trafford, Manchester, M16 0PJ | Flat/Maisonette | Leasehold |
11 October 2023 | £189,000 | Alexander House, 94 Apartment 304 Talbot Road, Old Trafford, Manchester, M16 0PJ | Flat/Maisonette | Leasehold |
18 October 2023 | £259,000 | Alexander House, 94 Apartment 401 Talbot Road, Old Trafford, Manchester, M16 0PJ | Flat/Maisonette | Leasehold |
20 October 2023 | £194,000 | Alexander House, 94 Apartment 705 Talbot Road, Old Trafford, Manchester, M16 0PP | Flat/Maisonette | Leasehold |
15 December 2023 | £158,000 | Bowden Court, 15 Apartment 20 Montague Road, Manchester, M16 0QT | Flat/Maisonette | Leasehold |
18 March 2021 | £203,999 | Insignia, 86 Apartment 407 Talbot Road, Old Trafford, Manchester, M16 0UF | Flat/Maisonette | Leasehold |
13 April 2021 | £231,300 | Insignia, 86 Apartment 403 Talbot Road, Old Trafford, Manchester, M16 0UF | Flat/Maisonette | Leasehold |
30 June 2021 | £215,500 | Insignia, 86 Apartment 804 Talbot Road, Old Trafford, Manchester, M16 0UG | Flat/Maisonette | Leasehold |
19 March 2021 | £267,800 | Insignia, 86 Apartment 709 Talbot Road, Old Trafford, Manchester, M16 0UG | Flat/Maisonette | Leasehold |
23 February 2021 | £172,214 | Insignia, 86 Apartment 802 Talbot Road, Old Trafford, Manchester, M16 0UG | Flat/Maisonette | Leasehold |
01 February 2021 | £168,951 | Insignia, 86 Apartment 602 Talbot Road, Old Trafford, Manchester, M16 0UG | Flat/Maisonette | Leasehold |
07 April 2022 | £226,000 | Insignia, 86 Apartment 708 Talbot Road, Old Trafford, Manchester, M16 0UG | Flat/Maisonette | Leasehold |
24 May 2021 | £244,995 | 3 Apartment 903 Pomona Strand, Old Trafford, Manchester, M16 0YF | Flat/Maisonette | Leasehold |
01 November 2023 | £219,995 | 3 Apartment 707 Pomona Strand, Old Trafford, Manchester, M16 0YF | Flat/Maisonette | Leasehold |
24 February 2023 | £150,310 | Paragon, 48 Apartment 201 Seymour Grove, Manchester, M16 0YH | Flat/Maisonette | Leasehold |
21 December 2023 | £152,500 | Paragon, 48 Apartment 701 Seymour Grove, Manchester, M16 0YL | Flat/Maisonette | Leasehold |
12 September 2023 | £100,000 | Paragon, 48 Apartment 902 Seymour Grove, Manchester, M16 0YL | Flat/Maisonette | Leasehold |
26 October 2023 | £254,995 | 5 Apartment 804 Pomona Strand, Old Trafford, Manchester, M16 0ZN | Flat/Maisonette | Leasehold |
05 February 2024 | £325,000 | 36 Milner Street, Manchester, M16 7GG | Terraced | Leasehold |
21 March 2024 | £141,500 | 48 Plainsfield Street, Manchester, M16 7HB | Flat/Maisonette | Leasehold |
17 November 2023 | £2,400,000 | 1 Warwick Road South, Manchester, M16 9AL | Other | Freehold |
31 January 2023 | £350,000 | 11 Noor Gardens, Old Trafford, Manchester, M16 9GH | Other | Freehold |
27 March 2023 | £400,000 | 5 Noor Gardens, Old Trafford, Manchester, M16 9GH | Semi-Detached | Freehold |
16 November 2022 | £365,000 | 2 Noor Gardens, Old Trafford, Manchester, M16 9GH | Semi-Detached | Freehold |
21 December 2022 | £330,000 | 4 Noor Gardens, Old Trafford, Manchester, M16 9GH | Semi-Detached | Freehold |
11 November 2022 | £355,000 | 3 Noor Gardens, Old Trafford, Manchester, M16 9GH | Semi-Detached | Freehold |
21 July 2023 | £131,000 | Metropolitan House, 20 Apartment 81 Brindley Road, Manchester, M16 9HW | Flat/Maisonette | Leasehold |
08 March 2021 | £142,950 | West Point, 501 Apartment 1 Chester Road, Old Trafford, Manchester, M16 9QL | Flat/Maisonette | Leasehold |
27 March 2023 | £100,000 | West Point, 501 Apartment 133 Chester Road, Old Trafford, Manchester, M16 9QL | Flat/Maisonette | Leasehold |
29 February 2024 | £115,000 | West Point, 501 Apartment 1504 Chester Road, Old Trafford, Manchester, M16 9QY | Flat/Maisonette | Leasehold |
Please note that house prices for properties sold in and around M16 8PJ 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