M1 2WE is a residential postcode situated on Wharf Close, Manchester, M1 with 49 addresses.
It ranks as the 279th largest and 67th most expensive of the 402 postcodes in the M1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 49 properties: 49 flats.
M1 2WE is a residential postcode situated on Wharf Close, Manchester, M1 with 49 addresses.
It ranks as the 279th largest and 67th most expensive of the 402 postcodes in the M1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 49 properties: 49 flats.
Sale prices range from £165,725 for 2 bedroom leasehold flats with a balcony (592 ft2) to £264,393 for 3 bedroom leasehold flats with a balcony (1,119 ft2) .
Monthly rental prices range from £1,140 pcm for 2 bed flats to £1,762 pcm for 3 bed flats.
The gross rental yield is between 7.7% and 8.3%.
The average value per square foot is £312.
The last sale in M1 2WE sold for £200,000 on 19th September 2025. Since then prices are down an average of 2.2%.
The current average value in the postcode is £194,103.
The M1 2WE Sales Market has increased by 14.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £194,103 |
| April 2025 | -5.1% | £198,225 |
| April 2024 | -3.8% | £208,885 |
| April 2023 | 8.9% | £217,034 |
| April 2022 | 0.9% | £199,226 |
| April 2021 | -0.8% | £197,511 |
| April 2020 | 2.8% | £199,125 |
| April 2019 | -0.4% | £193,701 |
| April 2018 | 4.1% | £194,408 |
| April 2017 | 9.7% | £186,760 |
| April 2016 | 8.6% | £170,239 |
| April 2015 | 4.2% | £156,828 |
| April 2014 | 4.9% | £150,452 |
| April 2013 | 0.1% | £143,477 |
| April 2012 | -1.5% | £143,305 |
| April 2011 | 3.3% | £145,538 |
| April 2010 | 1.5% | £140,889 |
| April 2009 | -14.5% | £138,810 |
| April 2008 | -3.8% | £162,413 |
| April 2007 | 0% | £168,850 |
The current average rental value in the postcode is £1,322.
The M1 2WE Rental Market has increased by 26.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £1,322pcm |
| April 2025 | -1.7% | £1,302pcm |
| April 2024 | 7% | £1,324pcm |
| April 2023 | 10.6% | £1,237pcm |
| April 2022 | 11.6% | £1,119pcm |
| April 2021 | -5.4% | £1,002pcm |
| April 2020 | 2.8% | £1,060pcm |
| April 2019 | -0.4% | £1,031pcm |
| April 2018 | -3.9% | £1,035pcm |
| April 2017 | 3.3% | £1,076pcm |
| April 2016 | 5.3% | £1,042pcm |
| April 2015 | 5.5% | £990pcm |
| April 2014 | 2.4% | £938pcm |
| April 2013 | 2.4% | £916pcm |
| April 2012 | 3.3% | £894pcm |
| April 2011 | 4.2% | £866pcm |
| April 2010 | 1.9% | £831pcm |
| April 2009 | -5.9% | £815pcm |
| April 2008 | 0.1% | £867pcm |
| April 2007 | 0% | £866pcm |
The last sale was on 19th September 2025 for £200,000 and since then the market in the area has decreased by 2.2%. The postcode has had a total of 127 sales since 1995.
M1 2WE has seen 8 sales in the last three years and 2 sales in the last twelve months.
M1 2WE is the 279th largest and the 67th most expensive postcode out of the 402 postcodes in the M1 area.
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