marketcodeAsking rent
£1,162 a month 12 months to Jul 2026
957 lets
Postcode district
M16 rental market
Asking rent £1,162 a month · Gross yield 4.7% · 12 months, listings to Aug 2026
What is M16?
- Buildings
- 8,578
- Mixed-use buildings
- 93%
- HMO-shaped units
- 2.6%
What does M16 earn?
M16: asking rent £1,162 a month (12 months to Jul 2026, 957 lets).
Gross yield, asking basis
4.7% 12 months to Aug 2026
1,908 lets
+2.6% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
393 on 21 Sep 2026
How does M16 vary by home size?
Asking rent in M16 runs from £1,000 a month for 1 bedroom to £1,926 a month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,000 a month | 12 months to Aug 2026 | +4.2% on the previous 12 months | 837 |
| 2 bedrooms | £1,261 a month | 12 months to Aug 2026 | +3% on the previous 12 months | 680 |
| 3 bedrooms | £1,602 a month | 12 months to Aug 2026 | +1.7% on the previous 12 months | 206 |
| 4 bedrooms | £1,926 a month | 12 months to Jul 2026 | — | 84 |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings 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.
Who owns M16?
Corporate landlords hold 90% of the 2,033 units in M16 whose freeholder is classified; 89% of all units are not yet classified.
- Corporate landlords90% of classified · 1,832 units
- Housing associations5.6% of classified · 114 units
- Individuals (not traceable in bulk)3.7% of classified · 75 units
- RMC0.6% of classified · 12 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 M16 rank?
M16 ranks 8th of 8 postcode districts in Trafford for asking rent, at £1,162 a month.
Asking rent · postcode districts in Trafford
M16 ranks 8th of 8 postcode districts in Trafford for asking rent, at £1,162 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | WA15 | £2,235 a month | 366 | measured |
| 2 | WA14 | £1,852 a month | 481 | measured |
| 3 | M33 | £1,328 a month | 533 | measured |
| 4 | M32 | £1,247 a month | 215 | measured |
| 5 | M17 | £1,193 a month | 89 | indicative |
| 8 | M16 | £1,162 a month | 957 | measured |
Full table: asking rent across postcode districts in Trafford →
Gross yield, asking basis · postcode districts in Trafford
M16 ranks 4th of 8 postcode districts in Trafford for gross yield, asking basis, at 4.7%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | M17 | 6.9% | 171 | measured |
| 2 | M31 | 5.7% | 82 | indicative |
| 3 | M32 | 4.9% | 333 | measured |
| 4 | M16 | 4.7% | 1,908 | measured |
| 5 | M41 | 3.8% | 328 | measured |
Full table: gross yield, asking basis across postcode districts in Trafford →
Where next from M16?
- TraffordThe wider market this area sits in.
- M17Neighbouring postcode district · £4,762/m²
- M31Neighbouring postcode district · £3,454/m²
- M32Neighbouring postcode district · £4,298/m²
- M33Neighbouring postcode district · £4,462/m²
- M41Neighbouring postcode district · £4,607/m²
- WA14Neighbouring postcode district · £4,963/m²
- WA15Neighbouring postcode district · £5,500/m²
- M14Next door, in another authority · £3,396/m²
- M15Next door, in another authority · £3,507/m²
- M21Next door, in another authority · £4,728/m²
- M5Next door, in another authority · £3,928/m²
- M50Next door, in another authority · £2,870/m²
- M20Next door, in another authority · £4,375/m²
Questions about M16
- What is the average rent in M16?
- Homes to let in M16 asked a median £1,162 a month over the 12 months to Jul 2026, 957 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in M16?
- 4.7% 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, 1,908 lets. +2.6% on the previous 12 months.
Everything else about M16
- Properties in M16Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in M16Footprints, heights and the units inside them.
- Land and plots in M16Registered parcels with their area, tenure and what stands on them.
- Homes for sale in M16What is on the market right now, with the evidence beside each asking price.
- Homes to rent in M16What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in M16Registered completions from Price Paid, newest first.
- Planning applications in M16What was proposed, who decided it and whether it was approved.
- Estate agents active in M16Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 957 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 1,908 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |