Market outlook for M13
Key indicators for buyers
The M13 market is moderately favourable for buyers. Prices have softened (-57.3%), which could present a buying opportunity. Affordability has improved from a peak of 7.2x in 2021 to 6.1x today. Rising rents (£1,345/mo, +2.9%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Manchester area
A home in Manchester costs 6.1x the local median salary — moderate, improving from a peak of 7.2x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Manchester area
Average monthly rent in Manchester is £1,345, up 2.9% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Manchester price of £99,750 with a 25% deposit (£25k), a 2-year fixed mortgage at 3.97% costs around £394 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses M13 avg. price with Manchester rental data
Monthly mortgage payments (£394) are £951 less than renting (£1,345). However, buying requires an upfront deposit of £25k — it would take around 2 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 14, SURREY LODGE, 2 - 4, BIRCH LANE M13 0NN | Flat/Maisonette | £58,000 | 23 Jan 2026 |
FLAT 26, VICTORIA TERRACE, 135 - 149, HATHERSAGE ROAD M13 0HY | Flat/Maisonette | £141,500 | 15 Jan 2026 |
88, CARMOOR ROAD M13 0FB | Other | £850,000 | 19 Dec 2025 |
9, ARLEY MOSS ROAD M13 9UW | Semi-detached | £383,000 | 16 Dec 2025 |
45, REYNELL ROAD M13 0PU | Terraced | £242,500 | 12 Dec 2025 |
APARTMENT 9, 1 - 3, BIRCH LANE M13 0NW | Flat/Maisonette | £113,000 | 12 Dec 2025 |
14, MELLER ROAD M13 0GP |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.