M1 5QE is a residential postcode situated on Lower Ormond Street, Manchester, M1 with 230 addresses.
It ranks as the 357th largest of the 402 postcodes in the M1 area.
The postcode contains a total of 230 properties: 80 flats and 150 other properties.
M1 5QE is a residential postcode situated on Lower Ormond Street, Manchester, M1 with 230 addresses.
It ranks as the 357th largest of the 402 postcodes in the M1 area.
The postcode contains a total of 230 properties: 80 flats and 150 other properties.
The last sale in M1 5QE sold for £410,000 on 5th December 2025. Since then prices are up an average of 0.6%.
The current average value in the postcode is £236,599.
The M1 5QE Sales Market has increased by 10.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2% | £236,599 |
| April 2025 | -5.6% | £241,550 |
| April 2024 | -5.7% | £255,892 |
| April 2023 | 12% | £271,259 |
| April 2022 | 0.6% | £242,268 |
| April 2021 | -1.9% | £240,938 |
| April 2020 | 1.6% | £245,708 |
| April 2019 | -0.3% | £241,849 |
| April 2018 | 4.6% | £242,582 |
| April 2017 | 8.7% | £231,845 |
| April 2016 | 7.6% | £213,282 |
| April 2015 | 4% | £198,296 |
| April 2014 | 5.2% | £190,616 |
| April 2013 | 0.6% | £181,231 |
| April 2012 | -2% | £180,175 |
| April 2011 | 3% | £183,874 |
| April 2010 | 0.8% | £178,445 |
| April 2009 | -13% | £177,067 |
| April 2008 | -4% | £203,418 |
| April 2007 | 0% | £211,890 |
The current average rental value in the postcode is £1,585.
The M1 5QE Rental Market has increased by 23.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,585pcm |
| April 2025 | -2.9% | £1,559pcm |
| April 2024 | 5.1% | £1,605pcm |
| April 2023 | 10.8% | £1,527pcm |
| April 2022 | 13.1% | £1,378pcm |
| April 2021 | -5.1% | £1,218pcm |
| April 2020 | 0.1% | £1,284pcm |
| April 2019 | 0.5% | £1,283pcm |
| April 2018 | -4.2% | £1,276pcm |
| April 2017 | 3.7% | £1,332pcm |
| April 2016 | 4.7% | £1,285pcm |
| April 2015 | 6.1% | £1,227pcm |
| April 2014 | 2% | £1,157pcm |
| April 2013 | 3.3% | £1,133pcm |
| April 2012 | 3.2% | £1,098pcm |
| April 2011 | 4.1% | £1,063pcm |
| April 2010 | -0.8% | £1,022pcm |
| April 2009 | -4.8% | £1,030pcm |
| April 2008 | 0.3% | £1,082pcm |
| April 2007 | 0% | £1,079pcm |
The last sale was on 5th December 2025 for £410,000 and since then the market in the area has increased by 0.6%. The postcode has had a total of 138 sales since 1995.
M1 5QE has seen 14 sales in the last three years and 2 sales in the last twelve months.
M1 5QE is the 357th largest and the 195th most expensive postcode out of the 402 postcodes in the M1 area.
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The closest station to M1 5QE is Manchester Oxford Road station which is 200 metres away.
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