M1 3GB is a residential postcode situated on Cobourg Street, Manchester, M1 with 46 addresses.
It ranks as the 271st largest and 74th 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 46 properties: 46 flats.
M1 3GB is a residential postcode situated on Cobourg Street, Manchester, M1 with 46 addresses.
It ranks as the 271st largest and 74th 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 46 properties: 46 flats.
Sale prices range from £137,960 for 1 bedroom leasehold flats with a balcony (355 ft2) to £223,349 for 2 bedroom leasehold flats with a balcony (968 ft2) .
Monthly rental prices range from £946 pcm for 1 bed flats to £1,446 pcm for 2 bed flats.
The gross rental yield is between 7.8% and 8.4%.
The average value per square foot is £268.
The last sale in M1 3GB sold for £150,000 on 28th October 2025. Since then prices are down an average of 1.3%.
The current average value in the postcode is £190,509.
The M1 3GB Sales Market has increased by 11.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.9% | £190,509 |
| April 2025 | -5.8% | £194,253 |
| April 2024 | -6% | £206,311 |
| April 2023 | 12.1% | £219,412 |
| April 2022 | 1.1% | £195,731 |
| April 2021 | -1.3% | £193,507 |
| April 2020 | 0.6% | £196,001 |
| April 2019 | 0.2% | £194,841 |
| April 2018 | 4.8% | £194,465 |
| April 2017 | 8.9% | £185,471 |
| April 2016 | 7.2% | £170,270 |
| April 2015 | 3.9% | £158,789 |
| April 2014 | 5.2% | £152,819 |
| April 2013 | 0.6% | £145,290 |
| April 2012 | -2.1% | £144,477 |
| April 2011 | 3% | £147,632 |
| April 2010 | -1% | £143,285 |
| April 2009 | -12.2% | £144,699 |
| April 2008 | -4% | £164,876 |
| April 2007 | 0% | £171,729 |
The current average rental value in the postcode is £1,286.
The M1 3GB Rental Market has increased by 24.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £1,286pcm |
| April 2025 | -3% | £1,263pcm |
| April 2024 | 4.8% | £1,302pcm |
| April 2023 | 11.1% | £1,242pcm |
| April 2022 | 13.6% | £1,118pcm |
| April 2021 | -4.6% | £984pcm |
| April 2020 | -0.8% | £1,031pcm |
| April 2019 | 0.9% | £1,039pcm |
| April 2018 | -3.9% | £1,030pcm |
| April 2017 | 3.7% | £1,072pcm |
| April 2016 | 4.3% | £1,033pcm |
| April 2015 | 5.9% | £990pcm |
| April 2014 | 2.1% | £935pcm |
| April 2013 | 3.2% | £915pcm |
| April 2012 | 3.1% | £887pcm |
| April 2011 | 4% | £860pcm |
| April 2010 | -2.3% | £827pcm |
| April 2009 | -4.1% | £846pcm |
| April 2008 | 0.3% | £882pcm |
| April 2007 | 0% | £880pcm |
The last sale was on 28th October 2025 for £150,000 and since then the market in the area has decreased by 1.3%. The postcode has had a total of 133 sales since 1995.
M1 3GB has seen 6 sales in the last three years and 3 sales in the last twelve months.
M1 3GB is the 271st largest and the 74th most expensive postcode out of the 402 postcodes in the M1 area.
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The closest station to M1 3GB is Manchester Piccadilly station which is 300 metres away.
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