marketcodeSold price per m²
£3,843/m² 12 months to Feb 2026
164 sales
+2.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Postcode district
M1 property market
Sold £3,843/m² · Median sold £268,505 (164 sales) · Index +2.1% y/y · Turnover 1.1% · 12 months, sales to Feb 2026, listings to Aug 2026
What is M1?
- Buildings
- 710
- Mixed-use buildings
- 8.0%
- HMO-shaped units
- 37%
What does M1 cost?
M1: sold price per m² £3,843/m² (12 months to Feb 2026, 164 sales). +2.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£268,505 12 months to Feb 2026
164 sales
+2.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£205,028 12 months to Aug 2026
2,426 listings
-38.9% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does M1 earn?
M1: asking rent £1,406 a month (12 months to Jul 2026, 2,936 lets).
Asking rent
£1,406 a month 12 months to Jul 2026
2,936 lets
Gross yield, asking basis
7.8% 12 months to Aug 2026
7,115 lets
+43.2% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
How does M1 vary by home size?
Asking price in M1 runs from £172,382 for 1 bedroom to £460,758 for 3 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £172,382 | 12 months to Aug 2026 | -14.9% on the previous 12 months | 1325 |
| 2 bedrooms | £285,817 | 12 months to Aug 2026 | -28.3% on the previous 12 months | 870 |
| 3 bedrooms | £460,758 | 12 months to Aug 2026 | +9.1% on the previous 12 months | 191 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is M1?
M1: turnover 1.1% (12 months to Sep 2025, 183 sales). +8.9% on the previous 12 months.
Turnover
1.1% 12 months to Sep 2025
183 sales
+8.9% on the previous 12 months.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
232 12 months to Jan 2026
232 sales
-10.4% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
673 12 months to Jul 2026
673 listings
Who is active in M1?
41 agents listed homes for sale in M1; the three largest took 56% of the listings.
- Agents active
- 41
- Top three agents’ share
- 56%
- New homes among listings
- 61%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns M1?
Corporate landlords hold 73% of the 148 units in M1 whose freeholder is classified; 99% of all units are not yet classified.
- Corporate landlords73% of classified · 108 units
- Individuals (not traceable in bulk)24% of classified · 35 units
- RMC2.0% of classified · 3 units
- Offshore companies0.7% of classified · 1 units
- Housing associations0.7% of classified · 1 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does M1 rank?
M1 ranks 3rd of 16 postcode districts in Manchester for sold price per m², at £3,843/m².
Sold price per m² · postcode districts in Manchester
M1 ranks 3rd of 16 postcode districts in Manchester for sold price per m², at £3,843/m².
| # | Area | Sold price per m² | Sample | Tier |
|---|---|---|---|---|
| 1 | M21 | £4,648/m² | 297 | measured |
| 2 | M20 | £4,315/m² | 553 | measured |
| 3 | M1 | £3,843/m² | 164 | measured |
| 4 | M4 | £3,471/m² | 255 | measured |
| 5 | M23 | £3,395/m² | 231 | measured |
Full table: sold price per m² across postcode districts in Manchester →
Gross yield, asking basis · postcode districts in Manchester
M1 ranks 2nd of 16 postcode districts in Manchester for gross yield, asking basis, at 7.8%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
Where next from M1?
- ManchesterThe wider market this area sits in.
- M11Neighbouring postcode district · £2,748/m²
- M12Neighbouring postcode district · £3,381/m²
- M13Neighbouring postcode district · £3,229/m²
- M14Neighbouring postcode district · £3,396/m²
- M15Neighbouring postcode district · £3,507/m²
- M18Neighbouring postcode district · £3,296/m²
- M19Neighbouring postcode district · £3,635/m²
- M2Neighbouring postcode district
- M3Next door, in another authority · £3,280/m²
- M5Next door, in another authority · £3,928/m²
- M16Next door, in another authority · £3,917/m²
- M7Next door, in another authority · £3,217/m²
- M6Next door, in another authority · £3,166/m²
- Homes for sale in M1Live sale listings, the same place and cohort.
- Homes to rent in M1Live lettings, the same place.
- Completed sales in M1Registered completions, newest first.
- Planning applications in M1Applications and decisions on record.
- Buildings in M1Every building with its units, parcel and freeholder.
- Land in M1
Questions about M1
- What is the median house price in M1?
- Homes in M1 sold for a median £268,505 over the 12 months to Feb 2026, 164 sales. Per square metre that is £3,843/m². Registered completions, not asking prices.
- How have house prices in M1 changed?
- +2.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- What is the average rent in M1?
- Homes to let in M1 asked a median £1,406 a month over the 12 months to Jul 2026, 2,936 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in M1?
- 7.8% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 7,115 lets. +43.2% on the previous 12 months.
- How quickly do homes sell in M1?
- 1.1% of the homes in M1 changed hands over the 12 months to Sep 2025, 183 sales.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Feb 2026 | Feb 2026 | 164 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Feb 2026 | Feb 2026 | 164 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 2,426 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 673 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Apr 2024 | Apr 2024 | 54 matched sales |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 2,936 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 7,115 lets |
| Turnover | MarketCode market evidence | 12 months to Sep 2025 | Sep 2025 | 183 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 232 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 673 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 1,796 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 630 listings |
| Live listings | MarketCode market evidence | on 19 Sep 2026 | 19 Sep 2026 | — |
| Days to completion |
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.