M1 5QG is a residential postcode situated on Lower Ormond Street, Manchester, M1 with 37 addresses.
It ranks as the 248th largest and 89th 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 37 properties: 37 flats.
M1 5QG is a residential postcode situated on Lower Ormond Street, Manchester, M1 with 37 addresses.
It ranks as the 248th largest and 89th 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 37 properties: 37 flats.
Sale prices range from £163,253 for 1 bedroom leasehold flats with a balcony (376 ft2) to £225,641 for 2 bedroom leasehold flats with a balcony (710 ft2) .
Monthly rental prices range from £1,119 pcm for 1 bed flats to £1,524 pcm for 2 bed flats.
The gross rental yield is between 8.1% and 8.4%.
The average value per square foot is £353.
The last sale in M1 5QG sold for £205,000 on 30th September 2025. Since then prices are down an average of 2.3%.
The current average value in the postcode is £197,504.
The M1 5QG Sales Market has increased by 11.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.9% | £197,504 |
| April 2025 | -5.7% | £201,372 |
| April 2024 | -6% | £213,622 |
| April 2023 | 12.3% | £227,319 |
| April 2022 | 1.1% | £202,458 |
| April 2021 | -1.4% | £200,233 |
| April 2020 | 0.6% | £203,073 |
| April 2019 | 0.2% | £201,909 |
| April 2018 | 4.8% | £201,562 |
| April 2017 | 8.8% | £192,248 |
| April 2016 | 7.2% | £176,650 |
| April 2015 | 3.9% | £164,819 |
| April 2014 | 5.2% | £158,594 |
| April 2013 | 0.6% | £150,759 |
| April 2012 | -2.2% | £149,847 |
| April 2011 | 3% | £153,158 |
| April 2010 | -0.9% | £148,741 |
| April 2009 | -12.2% | £150,066 |
| April 2008 | -4% | £171,002 |
| April 2007 | 0% | £178,126 |
The current average rental value in the postcode is £1,358.
The M1 5QG Rental Market has increased by 24.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £1,358pcm |
| April 2025 | -3% | £1,334pcm |
| April 2024 | 4.7% | £1,375pcm |
| April 2023 | 11.1% | £1,314pcm |
| April 2022 | 13.7% | £1,182pcm |
| April 2021 | -4.6% | £1,039pcm |
| April 2020 | -0.9% | £1,089pcm |
| April 2019 | 1% | £1,099pcm |
| April 2018 | -4% | £1,089pcm |
| April 2017 | 3.8% | £1,134pcm |
| April 2016 | 4.3% | £1,092pcm |
| April 2015 | 6% | £1,047pcm |
| April 2014 | 2.1% | £988pcm |
| April 2013 | 3.3% | £968pcm |
| April 2012 | 3.1% | £937pcm |
| April 2011 | 4% | £909pcm |
| April 2010 | -2.4% | £874pcm |
| April 2009 | -4% | £896pcm |
| April 2008 | 0.3% | £933pcm |
| April 2007 | 0% | £931pcm |
The last sale was on 30th September 2025 for £205,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 18 sales since 1995.
M1 5QG has seen 1 sale in the last three years and 1 sale in the last twelve months.
M1 5QG is the 248th largest and the 89th most expensive postcode out of the 402 postcodes in the M1 area.
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The closest station to M1 5QG is Manchester Oxford Road station which is 200 metres away.
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