Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

Manchester, M24 current market prices

The price growth in Manchester is higher than the national average, with the 2 year growth at 0.3 times the national average. Compared to other areas, M24 is a relatively inexpensive area, with an average price -39.1% lower than the national average. The average house price in Manchester, M24 is £188,114 and the average rent is £916.

M24 Current Averages

Market characteristic M24 district National M24 against national
Average price £188,114 £308,989 -39.1%
Average rent £760 £916 -17.0%
Sales per month 35 8 (51,652 Total) +337.5%


M24 Growth trends

Growth rate M24 district National
2yr house growth -7.7% -24.3%
2yr CAGR -3.9% -13%
Last 12 months house price growth -12.9% -22.8%


M24 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £188,114 £215,928 £203,900 £270,416 View houses for sale in M24
Flats £0 £90,689 £112,727 N/A View flats for sale in M24
Detached £0 £277,230 £366,322 £368,750 View detached for sale in M24
Semi-detached £0 £222,232 £214,996 £307,500 View semi-detached for sale in M24
Terraced £160,000 £161,728 £145,547 £189,545 View terraced for sale in M24
Bungalows N/A N/A N/A N/A View bungalows for sale in M24

Type Historical Average Price
All properties to rent £932 View houses for rent in M24
Flats for rent £650 View flats for rent in M24
Detached for rent N/A View detached for rent in M24
Semi-detached for rent N/A View semi-detached for rent in M24
Terraced for rent £1,073 View terraced for rent in M24
Bungalows for rent N/A View bungalows for rent in M24



Current market notes

The data above illustrates the relative proportions different types of property in the M24 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all M24 sales since 1995. The growth trends table shows the change in average house price for the M24 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.