M4 5 house prices are built from 1,705 sales lodged with HM Land Registry, the oldest in 1997 and the most recent on 16 Jun 2026. The median price paid across the whole record is £185,760. Across the 10 years from 2016 to 2026 the median moved +35.7% in cash — but once inflation is taken out, the change in 2026 money is -2.8%.
Median price paid
£185,760
Change in cash, 2016–2026
+35.7%
Change in real terms
-2.8%
Median per m²
£2,805
HM Land Registry1,705 sales569 with floor areaLatest sale 16 Jun 2026
Section 01
How M4 5 prices moved
The chart tracks the median M4 5 house price for every year with a recorded sale, from 1997 to 2026. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 2 | £24,000 | £53,291 |
| 2000s | 9 | £157,350 | £286,645 |
| 2010s | 10 | £170,000 | £239,700 |
| 2020s | 7 | £300,000 | £306,522 |
The highest yearly median on record for M4 5 is £372,500 in 2021; the lowest is £24,000 in 1997. Across the full 30-year record the cash median has moved from £24,000 to £245,000.
In 2026 money that first median is worth £50,887, so the real change over the whole record is +381.5% — about +5.57% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +35.7% in cash against -2.8% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 54 Swan Street | 16 Jun 2026 | Terraced | £250,000 | £250,000 |
| APARTMENT 407 50 Goulden Street | 16 Jun 2026 | Flat or maisonette | £110,000 | £110,000 |
| 805 NUOVO APARTMENTS, 59 Great Ancoats Street | 29 May 2026 | Flat or maisonette | £252,500 | £252,500 |
| 605 NUOVO APARTMENTS, 59 Great Ancoats Street | 5 May 2026 | Flat or maisonette | £245,000 | £245,000 |
| APARTMENT 33 CONNECT HOUSE, 1 Henry Street | 24 Apr 2026 | Flat or maisonette | £186,000 | £186,000 |
| APARTMENT 22 CONNECT HOUSE, 1 Henry Street | 10 Apr 2026 | Flat or maisonette | £51,000 | £51,000 |
| APARTMENT NS 310 ROYAL MILLS, 2 Cotton Street | 2 Apr 2026 | Flat or maisonette | £210,000 | £210,000 |
| APARTMENT PM 305 PARAGON MILL, 4 Cotton Street | 23 Feb 2026 | Flat or maisonette | £335,000 | £335,000 |
| 60A Oldham Road | 23 Feb 2026 | Flat or maisonette | £250,000 | £250,000 |
| APARTMENT 15 CONNECT HOUSE, 1 Henry Street | 30 Jan 2026 | Flat or maisonette | £290,000 | £290,000 |
| APARTMENT OS 307 ROYAL MILLS, 2 Cotton Street | 28 Jan 2026 | Flat or maisonette | £177,000 | £177,000 |
| FLAT 27 1 Binns Place | 27 Jan 2026 | Flat or maisonette | £426,000 | £426,000 |
| 109 NUOVO APARTMENTS, 59 Great Ancoats Street | 16 Jan 2026 | Flat or maisonette | £190,000 | £190,000 |
| APARTMENT PM 304 PARAGON MILL, 4 Cotton Street | 19 Dec 2025 | Flat or maisonette | £335,000 | £342,283 |
| APARTMENT OS 604 ROYAL MILLS, 2 Cotton Street | 12 Dec 2025 | Flat or maisonette | £263,500 | £269,228 |
| FLAT 48 M M2 APARTMENTS Pickford Street | 12 Dec 2025 | Flat or maisonette | £245,000 | £250,326 |
| APARTMENT 37 CONNECT HOUSE, 1 Henry Street | 11 Dec 2025 | Flat or maisonette | £193,000 | £197,196 |
| FLAT 6 ALUMNI COURT, 1 Cotton Street | 14 Nov 2025 | Flat or maisonette | £570,000 | £582,391 |
| APARTMENT 802 50 Goulden Street | 14 Nov 2025 | Flat or maisonette | £220,000 | £224,783 |
| APARTMENT PM 502 PARAGON MILL, 4 Cotton Street | 10 Nov 2025 | Flat or maisonette | £425,000 | £434,239 |
| FLAT 602 DELUNA HOUSE, 2 Cornell Street | 31 Oct 2025 | Flat or maisonette | £335,000 | £342,283 |
| APARTMENT 34 CONNECT HOUSE, 1 Henry Street | 31 Oct 2025 | Flat or maisonette | £280,000 | £286,087 |
| FLAT 22 1 Binns Place | 27 Oct 2025 | Flat or maisonette | £423,500 | £432,707 |
| 417 NUOVO APARTMENTS, 59 Great Ancoats Street | 10 Oct 2025 | Flat or maisonette | £265,000 | £270,761 |
| APARTMENT 504 50 Goulden Street | 10 Oct 2025 | Flat or maisonette | £237,500 | £242,663 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to M4 5 values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 54 Swan Street | £12,000 (2002) | £250,000 (2026) | +13.5% | +10.4% |
| APARTMENT 407 50 Goulden Street | £149,950 (2017) | £110,000 (2026) | -3.4% | -6.6% |
| 805 NUOVO APARTMENTS, 59 Great Ancoats Street | £180,000 (2015) | £252,500 (2026) | +3.1% | 0.0% |
| 605 NUOVO APARTMENTS, 59 Great Ancoats Street | £160,000 (2015) | £245,000 (2026) | +3.9% | +0.8% |
| APARTMENT 33 CONNECT HOUSE, 1 Henry Street | £149,000 (2003) | £186,000 (2026) | +1.0% | -1.8% |
| APARTMENT 22 CONNECT HOUSE, 1 Henry Street | £159,029 (2003) | £51,000 (2026) | -4.8% | -7.4% |
| APARTMENT 15 CONNECT HOUSE, 1 Henry Street | £166,972 (2003) | £290,000 (2026) | +2.4% | -0.4% |
| FLAT 27 1 Binns Place | £380,000 (2021) | £426,000 (2026) | +2.3% | -2.4% |
| 109 NUOVO APARTMENTS, 59 Great Ancoats Street | £117,500 (2015) | £190,000 (2026) | +4.5% | +1.3% |
| FLAT 48 M M2 APARTMENTS Pickford Street | £138,450 (2003) | £245,000 (2025) | +2.6% | -0.2% |
| APARTMENT OS 604 ROYAL MILLS, 2 Cotton Street | £225,000 (2021) | £263,500 (2025) | +4.0% | -1.4% |
| APARTMENT 37 CONNECT HOUSE, 1 Henry Street | £197,100 (2003) | £193,000 (2025) | -0.1% | -2.9% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. M4 5 is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Flat or maisonette | 1,637 | 96.0% | £188,000 | £12,600 – £1,300,000 |
| Terraced | 56 | 3.3% | £105,000 | £5,000 – £675,000 |
| Semi-detached | 7 | 0.4% | £160,000 | £60,000 – £450,000 |
| Detached | 5 | 0.3% | £298,555 | £34,000 – £884,197 |
Section 05
How big homes are in M4 5
Energy Performance Certificates record a floor area for every home that has been surveyed, sold or let — far more homes than have changed hands. 1,649 certificates cover M4 5, and their median floor area is 67 m².
The median across the whole register is 76 m², so homes here are smaller than average — -11.8%. Size explains a large part of why one area's median price sits above another's, which is why the price per square metre further up this page is the fairer comparison.
| Measure | Floor area | Sample |
|---|---|---|
| Median floor area | 67 m² | about 721 sq ft |
| Smaller quarter, up to | 53 m² | about 570 sq ft |
| Larger quarter, from | 73 m² | about 786 sq ft |
| Under 60 m² | 33.5% | 552 homes |
| 150 m² and over | 0.4% | 7 homes |
Section 06
Ownership and new build in M4 5
1,662 of the sales on record are leasehold and 43 freehold — 97.5% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £187,650 and the median freehold sale £105,000 — a gap of -44.0%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 1,662 | 97.5% | £187,650 |
| Freehold | 43 | 2.5% | £105,000 |
| New build | 827 | 48.5% | £180,000 |
| Existing home | 878 | 51.5% | £190,000 |
New builds sold for less than the median existing home — -5.3%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 330 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 07
Living in M4 5
Every certificate carries an energy efficiency band as well as a floor area. Across Manchester, 53.9% of 340,986 certificates sit in bands A to C, and 2.7% in F or G — the bands that cost the most to heat and are hardest to mortgage.
| Energy band | Certificates | Share |
|---|---|---|
| A | 784 | 0.2% |
| B | 44,066 | 12.9% |
| C | 138,798 | 40.7% |
| D | 111,464 | 32.7% |
| E | 36,786 | 10.8% |
| F | 6,996 | 2.1% |
| G | 2,092 | 0.6% |
The Office for National Statistics puts the mean private rent in Manchester at £1,358 a month as of Jun 2026 — £993 for a one-bedroom home and £1,417 for three bedrooms.
Against the median sale of £185,760 here, that rent is a gross yield of 8.77% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.
Police forces publish every recorded street-level crime. Within a mile of the centre of M4, 4 crimes were recorded in Jun 2026: 3 violent, 0 burglary, 0 vehicle-related and 0 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 41.8 times quieter.
Against the 551,938 residents the 2021 census counted in Manchester, that is 0.01 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.
A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.
Section 08
The neighbourhood around M4 5
The 2021 census counted 551,938 residents in Manchester across 214,730 households. 38.0% of those households own their home and 61.8% rent — a split the sold record cannot show, because only owners appear in it.
3 state and independent schools have a M4 postcode: 3 primary. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.
| School | Phase | Type | Pupils |
|---|---|---|---|
| Co-op Academy New Islington | Primary | Free schools | 376 |
| St Patrick's RC Primary School, a Voluntary Academy | Primary | Academy converter | 184 |
| St Anne's RC Primary School | Primary | Voluntary aided school | 182 |
| Station | Mode | Distance from the district centre |
|---|---|---|
| Shudehill (Manchester Metrolink) | Tram | 0.6 km |
| Shudehill (Manchester Metrolink) | Metro or underground | 0.6 km |
| Market Street (Manchester Metrolink) | Tram | 0.6 km |
| Market Street (Manchester Metrolink) | Metro or underground | 0.7 km |
Section 09
How M4 5 compares
The median across the whole archive is £157,500. M4 5 sits above that national figure — +17.9%.
Where an EPC floor area could be matched to the sale, the median works out at £2,805 per square metre, across 569 of the 1,705 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £5,000 to £1,300,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
M4 5 sits in Manchester, in the North West.
The Office for National Statistics puts the median home in Manchester at 6.1 times median local earnings of £40,479 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.
Section 10
Nearby on the record
Other sectors in M4
The wider district is M4.
Quick answers
Common questions about this data
What is the average house price in M4 5?
The median price paid in M4 5 across every sale on the register is £185,760. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in M4 5?
1,705 sales are on record for M4 5, the most recent completing on 16 Jun 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have M4 5 house prices actually risen?
In cash, the median rose +35.7% between 2016 and 2026. In 2026 money — that is, after inflation — the change is -2.8%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were M4 5 house prices at their highest?
The highest yearly median on record is £372,500, set in 2021. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in M4 5?
£2,805 per square metre, from the 569 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 16 Jun 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “M4 5 house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.