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.
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 £239,750 with a 25% deposit (£60k), a 2-year fixed mortgage at 3.97% costs around £946 per month.
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.
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.
The average property in M18 sold for £239,750 in 2026, with a median of £208,000 across 6 transactions. Prices rose 34.4% compared to the previous year.
| 22 Dec 2025 |
ST GEORGES RESIDENTIAL HOME, ABBEY HEY LANE, ABBEY HEY M18 8RB | Other | £300,000 | 19 Dec 2025 |
51, REDDISH LANE M18 7JH | Terraced | £120,000 | 19 Dec 2025 |
28, CRANBROOK ROAD M18 7JW | Terraced | £140,000 | 19 Dec 2025 |
2, BRIGHTMAN STREET M18 8GN | Semi-detached | £156,000 | 19 Dec 2025 |
36, LABURNUM ROAD M18 7FT | Terraced | £165,000 | 18 Dec 2025 |
9, ACKROYD AVENUE M18 8TL | Terraced | £210,000 | 17 Dec 2025 |
120, CRAIG ROAD, GORTON M18 7GN | Terraced | £157,000 | 16 Dec 2025 |
59, ROCKHAMPTON STREET M18 8UP | Terraced | £120,000 | 15 Dec 2025 |
15, LINDETH AVENUE M18 7EX | Terraced | £175,000 | 12 Dec 2025 |
17, ASHKIRK STREET M18 8LS | Terraced | £112,000 | 12 Dec 2025 |
11, WESTBOURNE RANGE M18 7LQ | Terraced | £260,000 | 12 Dec 2025 |
201, CHAPMAN STREET M18 8WP | Semi-detached | £271,500 | 12 Dec 2025 |
60, FAR LANE M18 7FF | Terraced | £215,000 | 12 Dec 2025 |
The most recent recorded sale in M18 was a terraced property on Reddish Lane for £157,500 in January 2026. Across the last 20 sales, the median price was £180,000.