M1
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M1 - Piccadilly

City Centre, Market Street and Gay Village

Last updated Jul 2026

Area Overview

The postcode district M1 covers Piccadilly, including City Centre, Market Street and Gay Village, and is located in The North West of England.

It is a residential district comprising 14,805 addresses, of which 14,392 are flats and 413 are houses.

Ave. Sale Price
£214,318
10 Year change
up 12.4%
Ave. Rental Price
£1,425pcm
10 Year change
up 30.5%
Ave. £ per ft²
£326/ft²
Ave. Gross Yield
8.0%/year/yr
Streets in M1

Streets in M1

House prices in M1 have fallen, with Adair Street holding up best at 2.2% down over the last 12 months. It also leads the lettings market, with rents up 4.1% over the year.

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sales

Sales Prices

The average house price in M1 is £214,318. Sale value has decreased in the last 12 months by 3.9%.

Property sale values range from £62,498 for a leasehold flat, with 2 bedrooms split across 463 square feet of gross internal area to £854,623 for a leasehold flat, with 2 bedrooms split across 3,466 square feet of gross internal area.

Average £/ft2 for properties in M1 is £326/ft2.

PeriodYear on YearAverage Price
June 2026-3.9%£219,592
June 2025-3.6%£228,507
June 2024-4.7%£236,980
June 20237%£248,613
June 20223.3%£232,353
June 2021-1%£224,855
June 20201.2%£227,090
June 20190.8%£224,362
June 20184%£222,639
June 20179.6%£214,063
June 20169.7%£195,384
June 20154.4%£178,152
June 20145%£170,636
June 2013-0.8%£162,523
June 20120.7%£163,893
June 2011-1.1%£162,766
June 20102.2%£164,500
June 2009-9.6%£160,897
June 2008-6.6%£178,069
June 20070%£190,746
rental

Rental Prices

The average rental value in M1 is £1,425pcm. Rental value has increased in the last 12 months by 2.5%.

Property rental values range from £441 for a leasehold flat, with 2 bedrooms split across 463 square feet of gross internal area to £4,740 for a leasehold flat, with 2 bedrooms split across 3,466 square feet of gross internal area.

Properties achieve a rental yield of between 6.5% and 8.6%.

PeriodYear on YearAverage Price
June 20262.5%£1,425pcm
June 2025-0.9%£1,389pcm
June 20244.8%£1,402pcm
June 202310.7%£1,337pcm
June 202215%£1,209pcm
June 2021-2.7%£1,051pcm
June 2020-0.7%£1,080pcm
June 20190.9%£1,088pcm
June 2018-2.8%£1,078pcm
June 20171.6%£1,109pcm
June 20165.7%£1,092pcm
June 20155.7%£1,033pcm
June 20143.5%£977pcm
June 20131.4%£944pcm
June 20124%£931pcm
June 20112.4%£895pcm
June 20102.4%£874pcm
June 2009-4.1%£854pcm
June 20080%£890pcm
June 20070%£890pcm
Most recently sold properties

Most Recently Sold Properties

The latest HM Land Registry sales for M1. Data is published monthly and sales can take weeks to register, so the newest may not appear yet.

Source: HM Land Registry ()
Energy Efficiency background

Energy Efficiency of buildings within M1

The average internal area for a residential property in M1 is 667 ft2 with properties ranging from 140 to 4,962 ft2 with the most common Energy Performance Certificate (EPC) rating being B.
The diagram shows the distribution of EPCs within M1.
  • A (0)
  • E (443)
  • B (4k)
  • F (23)
  • C (4k)
  • G (3)
  • D (1k)
  • No EPC (6k)
Postcode districts

Postcode districts near to M1