M1 1LT is a residential postcode situated on Piccadilly, Manchester, M1 with 18 addresses.
It ranks as the 194th largest and 51st most expensive of the 402 postcodes in the M1 area.
The postcode contains a total of 18 properties: 18 flats.
M1 1LT is a residential postcode situated on Piccadilly, Manchester, M1 with 18 addresses.
It ranks as the 194th largest and 51st most expensive of the 402 postcodes in the M1 area.
The postcode contains a total of 18 properties: 18 flats.
Sale prices range from £127,532 for 1 bedroom leasehold flats (452 ft2) to £186,163 for 2 bedroom leasehold flats (1,022 ft2) .
Monthly rental prices range from £871 pcm for 1 bed flats to £1,202 pcm for 2 bed flats.
The gross rental yield is between 7.7% and 8.3%.
The average value per square foot is £202.
The last sale in M1 1LT sold for £142,000 on 30th August 2024. Since then prices are down an average of 4.9%.
The current average value in the postcode is £164,891.
The M1 1LT Sales Market has increased by 19.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.9% | £164,891 |
| April 2025 | -6.1% | £168,052 |
| April 2024 | -3.8% | £178,950 |
| April 2023 | 8% | £186,042 |
| April 2022 | 3.8% | £172,284 |
| April 2021 | 2.9% | £166,043 |
| April 2020 | -1.5% | £161,323 |
| April 2019 | 1.8% | £163,698 |
| April 2018 | 4.5% | £160,833 |
| April 2017 | 11.8% | £153,899 |
| April 2016 | 8.5% | £137,635 |
| April 2015 | 3.8% | £126,809 |
| April 2014 | 4.1% | £122,195 |
| April 2013 | 0% | £117,403 |
| April 2012 | -1.8% | £117,439 |
| April 2011 | 3.2% | £119,580 |
| April 2010 | -5.5% | £115,900 |
| April 2009 | -11.9% | £122,596 |
| April 2008 | -4.2% | £139,184 |
| April 2007 | 0% | £145,267 |
The current average rental value in the postcode is £1,096.
The M1 1LT Rental Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,096pcm |
| April 2025 | -1.5% | £1,075pcm |
| April 2024 | 6.7% | £1,091pcm |
| April 2023 | 11.9% | £1,022pcm |
| April 2022 | 13.7% | £914pcm |
| April 2021 | -3.2% | £804pcm |
| April 2020 | 0.2% | £831pcm |
| April 2019 | 1% | £829pcm |
| April 2018 | -2.7% | £821pcm |
| April 2017 | 3.5% | £844pcm |
| April 2016 | 4.8% | £815pcm |
| April 2015 | 4.5% | £777pcm |
| April 2014 | 2.4% | £744pcm |
| April 2013 | 1.9% | £727pcm |
| April 2012 | 2.4% | £713pcm |
| April 2011 | 4% | £696pcm |
| April 2010 | -3.3% | £670pcm |
| April 2009 | -3% | £692pcm |
| April 2008 | -0.4% | £713pcm |
| April 2007 | 0% | £716pcm |
The last sale was on 30th August 2024 for £142,000 and since then the market in the area has decreased by 4.9%. The postcode has had a total of 25 sales since 1995.
M1 1LT has seen 3 sales in the last three years and no sales in the last twelve months.
M1 1LT is the 194th largest and the 51st most expensive postcode out of the 402 postcodes in the M1 area.
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The closest station to M1 1LT is Manchester Victoria station which is 700 metres away.
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