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Property Price Trends
Nethercote Ave, Wythenshawe, Manchester
M23 1LL Manchester District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the M23 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
M23
Most Expensive Property
£420,000
9 Nethercote Avenue, M23 1LL
Sold: 15 November 2023
Cheapest Property
£2,450
5 Capenhurst Close, M23 2SL
Sold: 27 September 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 M23 1LL?
The graph below shows the five-year capital growth figures for properties for the M23 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 M23 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Lancashire?
For Homebuyers:
For homebuyers in Lancashire, the property market is showing steady growth in house prices. According to the latest data, the average house price in Lancashire is £185,000, with areas such as Preston (PR1) and Blackburn (BB1) seeing particularly high demand. However, there is still a good amount of stock available, providing homebuyers with a range of options to choose from. Rent prices in Lancashire are also on the rise, making buying a property a more attractive option for those looking to settle in the area.
For Renters:
Rent prices in Lancashire have been steadily increasing, with the average rent for a two-bedroom property currently standing at £700 per month. Popular towns for renters include Lancaster (LA1) and Blackpool (FY1), where there is a mix of both affordable and luxury rental properties available. Availability of rental properties in Lancashire is relatively high, giving renters plenty of options to choose from. However, competition for rental properties in prime locations can be fierce, so it's advisable for renters to act quickly when a suitable property becomes available.
For Investors:
Investors looking to enter the property market in Lancashire will find plenty of opportunities for growth. The average rental yield in Lancashire is around 5.5%, making it an attractive option for buy-to-let investors. Areas such as Burnley (BB11) and Accrington (BB5) offer good potential for rental income, with affordable house prices and high demand from tenants. The popularity of Lancashire as a rental market is also on the rise, making it a promising location for investors seeking to expand their property portfolio.
For Homebuyers:
For homebuyers in Lancashire, the property market is showing steady growth in house prices. According to the latest data, the average house price in Lancashire is £185,000, with areas such as Preston (PR1) and Blackburn (BB1) seeing particularly high demand. However, there is still a good amount of stock available, providing homebuyers with a range of options to choose from. Rent prices in Lancashire are also on the rise, making buying a property a more attractive option for those looking to settle in the area.
For Renters:
Rent prices in Lancashire have been steadily increasing, with the average rent for a two-bedroom property currently standing at £700 per month. Popular towns for renters include Lancaster (LA1) and Blackpool (FY1), where there is a mix of both affordable and luxury rental properties available. Availability of rental properties in Lancashire is relatively high, giving renters plenty of options to choose from. However, competition for rental properties in prime locations can be fierce, so it's advisable for renters to act quickly when a suitable property becomes available.
For Investors:
Investors looking to enter the property market in Lancashire will find plenty of opportunities for growth. The average rental yield in Lancashire is around 5.5%, making it an attractive option for buy-to-let investors. Areas such as Burnley (BB11) and Accrington (BB5) offer good potential for rental income, with affordable house prices and high demand from tenants. The popularity of Lancashire as a rental market is also on the rise, making it a promising location for investors seeking to expand their property portfolio.
Last updated on 31 May 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 M23 1LL
Estimated yield for property investors
4.84%
Yield
The estimated yield for the M23 1LL postcode area is 4.84%, 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 M23 1LL?
The recently sold properties table lists homes around M23 1LL 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 | £283,000 | 4 Redburn Road, Manchester, M23 1AJ | Semi-Detached | Leasehold |
| 22 February 2024 | £178,000 | 14 Stash Grove, Manchester, M23 1BR | Terraced | Freehold |
| 24 November 2023 | £140,000 | Sir Williams Court, 196 18 Hall Lane, Manchester, M23 1DL | Flat/Maisonette | Leasehold |
| 07 December 2023 | £210,000 | 37 Aberford Road, Manchester, M23 1JY | Semi-Detached | Freehold |
| 15 November 2023 | £420,000 | 9 Nethercote Avenue, Manchester, M23 1LL | Detached | Freehold |
| 02 February 2024 | £345,000 | 131 Blackcarr Road, Manchester, M23 1PB | Semi-Detached | Freehold |
Nearby sold properties | ||||
| 29 February 2024 | £237,500 | 25 Garthorp Road, Manchester, M23 0AT | Terraced | Freehold |
| 15 November 2023 | £268,000 | 72 Yew Tree Lane, Manchester, M23 0DR | Terraced | Freehold |
| 02 October 2023 | £235,000 | 5 Hollyhey Drive, Manchester, M23 0DX | Terraced | Freehold |
| 08 December 2023 | £215,000 | 9 Cleeve Road, Manchester, M23 0FT | Semi-Detached | Leasehold |
| 08 March 2024 | £245,000 | 51 Lawton Moor Road, Manchester, M23 0QA | Terraced | Freehold |
| 27 September 2022 | £2,450 | 5 Capenhurst Close, Manchester, M23 2SL | Other | Freehold |
| 19 December 2023 | £277,000 | 1b Ferndown Road, Manchester, M23 9AU | Terraced | Leasehold |
| 02 November 2023 | £385,000 | 10 Cherry Tree Road, Manchester, M23 9BX | Semi-Detached | Freehold |
| 16 June 2023 | £11,900 | 466 Wythenshawe Road, Manchester, M23 9DX | Other | Freehold |
| 21 February 2024 | £350,000 | 484 Wythenshawe Road, Manchester, M23 9DX | Detached | Freehold |
| 29 September 2023 | £235,000 | 70 Carrswood Road, Manchester, M23 9HQ | Terraced | Freehold |
| 17 November 2023 | £270,000 | 55 Chesterton Road, Manchester, M23 9LA | Semi-Detached | Freehold |
| 10 March 2023 | £278,000 | 5 Amberwood Drive, Manchester, M23 9ND | Terraced | Leasehold |
| 09 November 2023 | £38,000 | 84 Shady Lane, Manchester, M23 9NN | Detached | Freehold |
| 27 October 2023 | £240,000 | 196 Lawnhurst Avenue, Wythenshawe, Manchester, M23 9RQ | Terraced | Leasehold |
| 20 November 2023 | £310,000 | 47 Lawnhurst Avenue, Wythenshawe, Manchester, M23 9RW | Terraced | Leasehold |
Please note that house prices for properties sold in and around M23 1LL 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
