Key indicators for buyers
The M11 market is moderately favourable for buyers. Prices are rising at 13.6%, 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.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
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.
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.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Manchester price of £201,600 with a 25% deposit (£50k), a 2-year fixed mortgage at 3.97% costs around £796 per month.
Monthly cost comparison based on current data
Uses M11 avg. price with Manchester rental data
Monthly mortgage payments (£796) are £549 less than renting (£1,345). However, buying requires an upfront deposit of £50k — it would take around 4 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
174, BARRINGTON STREET M11 4ED | Terraced | £180,000 | 23 Jan 2026 |
24, BOSWORTH STREET M11 3AW | Semi-detached | £245,000 | 20 Jan 2026 |
132, SEYMOUR ROAD SOUTH M11 4PS | Semi-detached | £225,000 | 16 Jan 2026 |
15, FRANTON ROAD M11 4HE | Semi-detached | £200,000 | 15 Jan 2026 |
8, RYAN STREET, OPENSHAW M11 1WR | Terraced | £158,000 | 6 Jan 2026 |
16, CARBIS AVENUE M11 3DP | Terraced | £270,000 | 19 Dec 2025 |
5, FAIRISLE CLOSE M11 3JJ | Terraced |
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.
The average property in M11 sold for £201,600 in 2026, with a median of £200,000 across 5 transactions. Prices rose 13.6% compared to the previous year.
| £275,000 |
| 19 Dec 2025 |
7, SILVERDALE STREET M11 1ET | Terraced | £240,000 | 18 Dec 2025 |
9, HOMEBURY DRIVE M11 4HG | Semi-detached | £175,000 | 18 Dec 2025 |
76, SCHOFIELD STREET M11 4PZ | Terraced | £185,000 | 17 Dec 2025 |
72, SCHOFIELD STREET M11 4PZ | Terraced | £180,000 | 17 Dec 2025 |
16, BEN STREET M11 4EW | Terraced | £160,000 | 15 Dec 2025 |
APARTMENT 28, 2, THE WATERFRONT, OPENSHAW M11 4AF | Flat/Maisonette | £165,000 | 15 Dec 2025 |
82, WAYNE STREET, OPENSHAW M11 1BW | Terraced | £125,000 | 12 Dec 2025 |
32, NESTON STREET M11 1HZ | Terraced | £125,000 | 11 Dec 2025 |
128, LOUISA STREET M11 1AN | Terraced | £143,000 | 10 Dec 2025 |
1495, ASHTON OLD ROAD M11 1HH | Semi-detached | £325,000 | 8 Dec 2025 |
148, LOUISA STREET M11 1AH | Terraced | £238,000 | 5 Dec 2025 |
17, TINNINGHAM CLOSE M11 1NB | Semi-detached | £149,950 | 5 Dec 2025 |
2, RUSHBROOKE AVENUE M11 4JW | Semi-detached | £150,000 | 2 Dec 2025 |
The most recent recorded sale in M11 was a terraced property on Barrington Street for £180,000 in January 2026. Across the last 20 sales, the median price was £180,000.