Property Data OutlookM21
15,260 recorded transactions · Part of Manchester
Compare with another area →Market outlook for M21
Key indicators for buyers
The M21 market is moderately favourable for buyers. Prices are rising at 38.8%, 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 £595,583 with a 25% deposit (£149k), a 2-year fixed mortgage at 3.97% costs around £2,350 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses M21 avg. price with Manchester rental data
Monthly mortgage payments (£2,350) are £1,005 more than renting (£1,345). However, buying requires an upfront deposit of £149k — it would take around 31 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 |
|---|---|---|---|
41, WHITELOW ROAD M21 9HG | Semi-detached | £720,000 | 28 Jan 2026 |
4, BADMINTON ROAD M21 0UQ | Semi-detached | £410,000 | 20 Jan 2026 |
117, LONGFORD ROAD, CHORLTON CUM HARDY M21 9WW | Semi-detached | £571,250 | 19 Jan 2026 |
65, CLAUDE ROAD M21 8DE | Semi-detached | £825,000 | 16 Jan 2026 |
33, REEVES ROAD M21 8BU | Semi-detached | £600,000 | 12 Jan 2026 |
12, CHELSFIELD GROVE M21 7SU | Semi-detached | £575,000 | 9 Jan 2026 |
498 - 500, WILBRAHAM ROAD M21 9AP | Other |
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.