Key indicators for buyers
The M16 market is moderately favourable for buyers. Prices have softened (-28.7%), 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.
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 £241,667 with a 25% deposit (£60k), a 2-year fixed mortgage at 3.97% costs around £954 per month.
Monthly cost comparison based on current data
Uses M16 avg. price with Manchester rental data
Monthly mortgage payments (£954) are £391 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.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
20, MARLBOROUGH AVENUE M16 0AJ | Terraced | £377,000 | 23 Jan 2026 |
FLAT 7, CRYSTAL HOUSE, WITHINGTON ROAD M16 8BA | Flat/Maisonette | £160,500 | 23 Jan 2026 |
19, WALTER STREET, OLD TRAFFORD M16 9GB | Terraced | £300,000 | 20 Jan 2026 |
18, CARLTON STREET M16 7GT | Terraced | £355,000 | 19 Jan 2026 |
38, WORTHINGTON STREET, OLD TRAFFORD M16 9LA | Terraced | £225,000 | 16 Jan 2026 |
FLAT 45, CRYSTAL HOUSE, WITHINGTON ROAD M16 8BA | Flat/Maisonette | £110,000 | 15 Jan 2026 |
63, RABY STREET M16 7DJ |
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 M16 sold for £241,667 in 2026, with a median of £228,500 across 12 transactions. Prices fell 28.7% compared to the previous year.
| Flat/Maisonette |
| £142,500 |
| 14 Jan 2026 |
16, WESTMINSTER AVENUE M16 0AN | Terraced | £365,000 | 12 Jan 2026 |
7, WELLINGTON AVENUE M16 8JG | Terraced | £232,000 | 9 Jan 2026 |
APARTMENT 11, 1A, RANGE ROAD M16 8FS | Flat/Maisonette | £195,000 | 8 Jan 2026 |
3, WESTMINSTER AVENUE M16 0AN | Terraced | £365,000 | 8 Jan 2026 |
APARTMENT 85, 50, MANCHESTER STREET M16 9GZ | Flat/Maisonette | £73,000 | 6 Jan 2026 |
4, ISOBEL CLOSE M16 7JS | Terraced | £300,000 | 19 Dec 2025 |
24, CROMWELL AVENUE M16 0BQ | Terraced | £379,500 | 19 Dec 2025 |
124, KINGSBROOK ROAD M16 8NT | Terraced | £600,000 | 17 Dec 2025 |
5, FULFORD STREET M16 9PX | Terraced | £340,000 | 17 Dec 2025 |
19, ST AUSTELL ROAD M16 8WQ | Semi-detached | £575,000 | 16 Dec 2025 |
177, WITHINGTON ROAD M16 8EF | Semi-detached | £420,000 | 16 Dec 2025 |
FLAT 20, 48 - 50, ALEXANDRA ROAD SOUTH M16 8JA | Flat/Maisonette | £180,000 | 15 Dec 2025 |
APARTMENT 208, KINETIC, 88 - 92, TALBOT ROAD, OLD TRAFFORD M16 0UE | Flat/Maisonette | £103,500 | 15 Dec 2025 |
The most recent recorded sale in M16 was a terraced property on Marlborough Avenue for £377,000 in January 2026. Across the last 20 sales, the median price was £300,000.