Key indicators for buyers
The M22 market is moderately favourable for buyers. Prices have softened (-21.7%), 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 £245,833 with a 25% deposit (£61k), a 2-year fixed mortgage at 3.97% costs around £970 per month.
Monthly cost comparison based on current data
Uses M22 avg. price with Manchester rental data
Monthly mortgage payments (£970) are £375 less than renting (£1,345). However, buying requires an upfront deposit of £61k — 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 |
|---|---|---|---|
88, NORTHCOTE AVENUE, WYTHENSHAWE M22 9AJ | Semi-detached | £180,000 | 26 Jan 2026 |
19, SHONE AVENUE M22 5FZ | Terraced | £231,000 | 23 Jan 2026 |
39, BRINKSHAW AVENUE M22 5FE | Semi-detached | £288,000 | 23 Jan 2026 |
17, HOLLYWAY M22 4WS | Semi-detached | £287,000 | 16 Jan 2026 |
103, GLADESIDE ROAD M22 9GF | Semi-detached | £230,000 | 15 Jan 2026 |
82, CROSSACRES ROAD M22 5AB | Semi-detached | £237,500 | 12 Jan 2026 |
41, NORTHUMBERLAND WAY, SHARSTON M22 4UG | Semi-detached |
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 M22 sold for £245,833 in 2026, with a median of £237,500 across 9 transactions. Prices fell 21.7% compared to the previous year.
| £332,000 |
| 9 Jan 2026 |
39, CHURCH ROAD M22 4NN | Terraced | £160,000 | 9 Jan 2026 |
22, PIPER HILL AVENUE M22 4DZ | Terraced | £267,000 | 9 Jan 2026 |
20, EDGECOTE CLOSE M22 4UT | Semi-detached | £338,000 | 18 Dec 2025 |
FLAT 5, TEMPLE APARTMENTS, 51 - 55, CORNISHWAY M22 0LB | Flat/Maisonette | £114,000 | 18 Dec 2025 |
5, SWITHIN ROAD M22 0LR | Flat/Maisonette | £170,000 | 17 Dec 2025 |
55A, CHURCH ROAD M22 4WD | Terraced | £199,000 | 15 Dec 2025 |
FLAT 42, BOAT LANE COURT, 34, BRETT STREET M22 4EZ | Flat/Maisonette | £155,000 | 15 Dec 2025 |
27, BEAMSLEY DRIVE M22 1TZ | Flat/Maisonette | £125,000 | 15 Dec 2025 |
FLAT 23, BOAT LANE COURT, 34, BRETT STREET M22 4EZ | Flat/Maisonette | £168,000 | 12 Dec 2025 |
13, ST HILDAS ROAD, NORTHENDEN M22 4FP | Semi-detached | £355,000 | 12 Dec 2025 |
22, DESMOND ROAD M22 9YD | Semi-detached | £225,000 | 10 Dec 2025 |
FLAT 45, BEECH HOUSE, 2, LAURISTON CLOSE M22 4TZ | Flat/Maisonette | £165,000 | 8 Dec 2025 |
25, BEAFORD ROAD M22 0AG | Semi-detached | £230,000 | 5 Dec 2025 |
The most recent recorded sale in M22 was a semi-detached property on Northcote Avenue for £180,000 in January 2026. Across the last 20 sales, the median price was £230,000.