Key indicators for buyers
The M9 market is moderately favourable for buyers. Prices are rising at 47.3%, 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 £277,400 with a 25% deposit (£69k), a 2-year fixed mortgage at 3.97% costs around £1,095 per month.
Monthly cost comparison based on current data
Uses M9 avg. price with Manchester rental data
Monthly mortgage payments (£1,095) are £250 less than renting (£1,345). However, buying requires an upfront deposit of £69k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
15, KINGSLEY AVENUE M9 4QL | Detached | £290,000 | 22 Jan 2026 |
149, WATERLOO STREET M9 8AN | Terraced | £255,000 | 14 Jan 2026 |
23, ASHDOWN AVENUE M9 6PR | Terraced | £332,000 | 9 Jan 2026 |
127, FACTORY LANE M9 8AF | Semi-detached | £260,000 | 9 Jan 2026 |
14, INVERNESS AVENUE M9 6HN | Semi-detached | £250,000 | 9 Jan 2026 |
143, ASHLEY LANE M9 4WR | Terraced | £210,000 | 19 Dec 2025 |
APARTMENT 15, 261, VICTORIA AVENUE EAST M9 7GH | Flat/Maisonette | £95,000 |
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 M9 sold for £277,400 in 2026, with a median of £260,000 across 5 transactions. Prices rose 47.3% compared to the previous year.
| 19 Dec 2025 |
5, BOWFELL GROVE M9 8WF | Semi-detached | £140,000 | 19 Dec 2025 |
31, HONISTER ROAD M9 4LW | Terraced | £180,000 | 19 Dec 2025 |
3, RIPTON WALK M9 8GG | Terraced | £192,500 | 18 Dec 2025 |
41, WAVERTREE ROAD M9 8LH | Terraced | £152,500 | 18 Dec 2025 |
4, PLANT TERRACE M9 6RY | Terraced | £120,000 | 17 Dec 2025 |
57, COBDEN STREET M9 4DY | Semi-detached | £110,000 | 17 Dec 2025 |
APARTMENT 4, 14, KILMAINE AVENUE M9 7FN | Flat/Maisonette | £120,000 | 16 Dec 2025 |
12, VICTORIA AVENUE M9 6QL | Other | £210,000 | 16 Dec 2025 |
7, KINGSTON GROVE M9 6HD | Semi-detached | £370,000 | 15 Dec 2025 |
91A, ASHLEY LANE M9 4NU | Terraced | £178,000 | 15 Dec 2025 |
7, ERSKINE ROAD M9 6RB | Terraced | £240,000 | 15 Dec 2025 |
6, WENFIELD DRIVE M9 7BE | Terraced | £175,000 | 12 Dec 2025 |
4, GLEN AVENUE M9 4EE | Terraced | £193,000 | 12 Dec 2025 |
The most recent recorded sale in M9 was a detached property on Kingsley Avenue for £290,000 in January 2026. Across the last 20 sales, the median price was £193,000.