marketcodeAsking price
£337,153 12 months to Nov 2024
145 listings
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Postcode district
M2 property market
Index +1% y/y · Asking rent £1,152 a month · Gross yield 5.1% · 12 months, listings to Jul 2026
What is M2?
- Buildings
- 239
- Mixed-use buildings
- 6.3%
- HMO-shaped units
- 8.0%
What does M2 cost?
M2: asking price £337,153 (12 months to Nov 2024, 145 listings).
Sold price per m²
Not published
Only 2 observed months: the 12-month figure needs 6; the monthly line is drawn.
Sold price
Not published
Only 2 observed months: the 12-month figure needs 6; the monthly line is drawn.
What does M2 earn?
M2: asking rent £1,152 a month (12 months to Jul 2026, 32 lets).
Asking rent
£1,152 a month 12 months to Jul 2026
32 lets
Gross yield, asking basis
5.1% 12 months to Nov 2024
151 lets
Sample is the dated lettings behind the latest month's rent cell.
How liquid is M2?
M2: completed sales 25 (12 months to May 2025, 25 sales). +4.2% on the previous 12 months.
Completed sales
25 12 months to May 2025
25 sales
+4.2% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
New listings
52 12 months to Nov 2024
52 listings
Never-reduced cohort: undercounts new listings by the reduction share.
Price reductions
93 12 months to Nov 2024
93 listings
Reductions dated by the last reduction; several reductions of one listing count once.
Who is active in M2?
4 agents listed homes for sale in M2; the three largest took 83% of the listings.
- Agents active
- 4
- Top three agents’ share
- 83%
- New homes among listings
- 17%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns M2?
Corporate landlords hold 75% of the 68 units in M2 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords75% of classified · 51 units
- Individuals (not traceable in bulk)24% of classified · 16 units
- Housing associations1.5% 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 M2 rank?
Sold price per m² · postcode districts in Manchester
| # | 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
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | M18 | 7.9% | 794 | measured |
| 2 |
Where next from M2?
- ManchesterThe wider market this area sits in.
- M1Neighbouring postcode district · £3,616/m²
- 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
- M3Next door, in another authority · £3,280/m²
- M5Next door, in another authority · £3,928/m²
- M7Next door, in another authority · £3,217/m²
- M16Next door, in another authority · £3,917/m²
- M6Next door, in another authority · £3,166/m²
- Homes for sale in M2Live sale listings, the same place and cohort.
- Homes to rent in M2Live lettings, the same place.
- Completed sales in M2Registered completions, newest first.
- Planning applications in M2Applications and decisions on record.
- Buildings in M2Every building with its units, parcel and freeholder.
- Land in M2
Questions about M2
- What is the average rent in M2?
- Homes to let in M2 asked a median £1,152 a month over the 12 months to Jul 2026, 32 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in M2?
- 5.1% 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 Nov 2024, 151 lets.
Where these figures come from, and what is not published
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking price | MarketCode market evidence | 12 months to Nov 2024 | Nov 2024 | 145 listings |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 32 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Nov 2024 | Nov 2024 | 151 lets |
| Completed sales | MarketCode market evidence | 12 months to May 2025 | May 2025 | 25 sales |
| New listings | MarketCode market evidence | 12 months to Nov 2024 | Nov 2024 | 52 listings |
| Price reductions | MarketCode market evidence | 12 months to Nov 2024 | Nov 2024 | 93 listings |
| Live listings | MarketCode market evidence | on 19 Sep 2026 | 19 Sep 2026 | — |
- Sold price per m²
- Only 2 observed months: the 12-month figure needs 6; the monthly line is drawn.
- Sold price
- Only 2 observed months: the 12-month figure needs 6; the monthly line is drawn.
- Turnover
- Only 2 observed months: the 12-month figure needs 12; the monthly line is drawn.
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.