Property Data OutlookM18
11,502 recorded transactions · Part of Manchester
Compare with another area →Market outlook for M18
Key indicators for buyers
The M18 market is moderately favourable for buyers. Prices are rising at 34.4%, which may favour acting sooner rather than later. 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 £239,750 with a 25% deposit (£60k), a 2-year fixed mortgage at 3.97% costs around £946 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses M18 avg. price with Manchester rental data
Monthly mortgage payments (£946) are £399 less than renting (£1,345). However, buying requires an upfront deposit of £60k — it would take around 5 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 |
|---|---|---|---|
114A, REDDISH LANE M18 7JL | Terraced | £157,500 | 26 Jan 2026 |
15, HURFORD AVENUE M18 8WL | Terraced | £190,000 | 13 Jan 2026 |
552, HYDE ROAD M18 7AA | Other | £235,000 | 9 Jan 2026 |
26, MANBY ROAD M18 7RR | Semi-detached | £226,000 | 9 Jan 2026 |
1, KINGSDALE ROAD M18 7WB | Detached | £450,000 | 8 Jan 2026 |
105, ABBEY HEY LANE, ABBEY HEY M18 8TJ | Terraced | £180,000 | 5 Jan 2026 |
44, ATHOL STREET M18 7JP | Terraced | £130,000 |
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.