M15 5LX is a residential postcode situated on Royce Road, Manchester, M15 with 13 addresses.
It ranks as the 174th largest and 422nd most expensive of the 562 postcodes in the M15 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 13 properties: 9 houses and 4 flats.
M15 5LX is a residential postcode situated on Royce Road, Manchester, M15 with 13 addresses.
It ranks as the 174th largest and 422nd most expensive of the 562 postcodes in the M15 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 13 properties: 9 houses and 4 flats.
Sale prices range from £199,136 for 2 bedroom leasehold houses with a garden (570 ft2) to £287,657 for 4 bedroom freehold houses with a garden (1,151 ft2) .
Monthly rental prices range from £1,303 pcm for 2 bed houses to £1,785 pcm for 4 bed houses.
The gross rental yield is between 7.4% and 8.1%.
The average value per square foot is £317.
The last sale in M15 5LX sold for £180,000 on 28th May 2021. Since then prices are up an average of 19.3%.
The current average value in the postcode is £239,423.
The M15 5LX Sales Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £239,423 |
| April 2025 | 0.4% | £238,211 |
| April 2024 | 1.4% | £237,248 |
| April 2023 | 5.2% | £234,061 |
| April 2022 | 3.2% | £222,566 |
| April 2021 | 3% | £215,655 |
| April 2020 | 2.5% | £209,304 |
| April 2019 | 2.9% | £204,292 |
| April 2018 | 4% | £198,624 |
| April 2017 | 9.7% | £191,057 |
| April 2016 | 9.8% | £174,218 |
| April 2015 | 6.9% | £158,711 |
| April 2014 | 4.8% | £148,463 |
| April 2013 | 1% | £141,621 |
| April 2012 | 3.2% | £140,233 |
| April 2011 | -2.9% | £135,890 |
| April 2010 | 9.2% | £139,880 |
| April 2009 | -19.2% | £128,051 |
| April 2008 | -2.7% | £158,552 |
| April 2007 | 0% | £162,930 |
The current average rental value in the postcode is £1,541.
The M15 5LX Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.7% | £1,541pcm |
| April 2025 | 0.7% | £1,472pcm |
| April 2024 | 7.1% | £1,462pcm |
| April 2023 | 13.3% | £1,365pcm |
| April 2022 | 14.4% | £1,204pcm |
| April 2021 | 0.9% | £1,053pcm |
| April 2020 | 1.6% | £1,043pcm |
| April 2019 | 1.8% | £1,026pcm |
| April 2018 | -1.1% | £1,008pcm |
| April 2017 | 4.6% | £1,019pcm |
| April 2016 | 8.2% | £974pcm |
| April 2015 | 4.6% | £900pcm |
| April 2014 | 2.6% | £861pcm |
| April 2013 | 2.9% | £839pcm |
| April 2012 | 3.4% | £815pcm |
| April 2011 | 3.7% | £789pcm |
| April 2010 | 1% | £761pcm |
| April 2009 | -1.6% | £753pcm |
| April 2008 | -1.1% | £766pcm |
| April 2007 | 0% | £774pcm |
The last sale was on 28th May 2021 for £180,000 and since then the market in the area has increased by 19.3%. The postcode has had a total of 19 sales since 1995.
M15 5LX has seen no sales in the last three years and no sales in the last twelve months.
M15 5LX is the 174th largest and the 422nd most expensive postcode out of the 562 postcodes in the M15 area.
Be the first Estate
Agent here!
The closest station to M15 5LX is Deansgate station which is 800 metres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around M15 5LX, 50.8% of property is privately rented and 28.5% is socially rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around M15 5LX, 36.0% of residents are recorded as possessing school level qualifications and 44.4% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around M15 5LX, the average age was 31.5 and the most common age was 27.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around M15 5LX, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around M15 5LX, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.