Royce Road - M15 5LY
Key Postcode Insights
M15 5LY is a residential postcode situated on Royce Road, Hulme, Manchester, M15 with 12 addresses.
It ranks as the 163rd largest and 431st most expensive of the 562 postcodes in the M15 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £239,164
- 10 Year change
- up 34.1%
- Ave. Rental Price
- £1,495pcm
- 10 Year change
- up 62.3%
- Ave. £ per ft²
- £350/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
M15 5LY is a residential postcode situated on Royce Road, Hulme, Manchester, M15 with 12 addresses.
It ranks as the 163rd largest and 431st most expensive of the 562 postcodes in the M15 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £239,164
- 10 Year change
- up 34.1%
- Ave. Rental Price
- £1,495pcm
- 10 Year change
- up 62.3%
- Ave. £ per ft²
- £350/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin M15 5LY
- 2 Royce Road
3 Bed Modern House
- 4 Royce Road
3 Bed House
- 6 Royce Road
Unknown
- 8 Royce Road
3 Bed Modern House
- 10 Royce Road
3 Bed Modern House
Sales Market Trends
The last sale in M15 5LY sold for £240,000 on 12th September 2025. Since then prices are down an average of 2.0%.
The current average value in the postcode is £239,164.
The M15 5LY Sales Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £239,164 |
| June 2025 | 0.5% | £245,685 |
| June 2024 | 1.9% | £244,384 |
| June 2023 | 3.4% | £239,941 |
| June 2022 | 4.9% | £232,111 |
| June 2021 | 3.7% | £221,315 |
| June 2020 | 3.2% | £213,453 |
| June 2019 | 0.9% | £206,799 |
| June 2018 | 6.3% | £204,864 |
| June 2017 | 8% | £192,755 |
| June 2016 | 10.4% | £178,414 |
| June 2015 | 6.9% | £161,546 |
| June 2014 | 5.9% | £151,165 |
| June 2013 | 1.4% | £142,687 |
| June 2012 | 3.7% | £140,697 |
| June 2011 | -4.6% | £135,697 |
| June 2010 | 8.3% | £142,275 |
| June 2009 | -14% | £131,335 |
| June 2008 | -5.6% | £152,726 |
| June 2007 | 0% | £161,717 |
Rental Market Trends
The current average rental value in the postcode is £1,495.
The M15 5LY Rental Market has increased by 62.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £1,495pcm |
| June 2025 | 1.9% | £1,428pcm |
| June 2024 | 5.5% | £1,401pcm |
| June 2023 | 13.1% | £1,328pcm |
| June 2022 | 16.9% | £1,174pcm |
| June 2021 | 2% | £1,005pcm |
| June 2020 | 1% | £985pcm |
| June 2019 | 2.3% | £975pcm |
| June 2018 | -0.2% | £953pcm |
| June 2017 | 3.6% | £954pcm |
| June 2016 | 8.6% | £921pcm |
| June 2015 | 4.8% | £848pcm |
| June 2014 | 3.8% | £809pcm |
| June 2013 | 1.9% | £779pcm |
| June 2012 | 4.1% | £765pcm |
| June 2011 | 2.8% | £735pcm |
| June 2010 | 3.9% | £714pcm |
| June 2009 | -2.4% | £688pcm |
| June 2008 | -1.1% | £705pcm |
| June 2007 | 0% | £712pcm |
Sales History
The last sale was on 12th September 2025 for £240,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 29 sales since 1995.
M15 5LY has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£240,000 | 2 Bed House18, Royce Road, Manchester, M15 5LY18, Royce Road, Manchester, M15 5LY
- Sold Oct 2023£240,000 | 3 Bed House12, Royce Road, Manchester, M15 5LY12, Royce Road, Manchester, M15 5LY
- Sold May 2022£233,000 | 3 Bed House2, Royce Road, Manchester, M15 5LY2, Royce Road, Manchester, M15 5LY
- Sold Sep 2020£195,000 | 3 Bed House12, Royce Road, Manchester, M15 5LY12, Royce Road, Manchester, M15 5LY
- Sold Jun 2016£135,000 | 3 Bed House10, Royce Road, Manchester, M15 5LY10, Royce Road, Manchester, M15 5LY
Nearby Postcodes
M15 5LY is the 163rd largest and the 431st most expensive postcode out of the 562 postcodes in the M15 area.
- M15 5FL, Fenn Street, Manchester, M15M15 5FL13 Addresses|47 m away
- M15 5BP, Royce Road, Hulme, Manchester, M15M15 5BP13 Addresses|48 m away
- M15 5EG, Eliza Street, Manchester, M15M15 5EG26 Addresses|62 m away
- M15 5RH, Ribston Street, Manchester, M15M15 5RH15 Addresses|88 m away
- M15 5FN, Mary France Street, Manchester, M15M15 5FN63 Addresses|91 m away
Property Types
- 7 modern houses built after 1980
- 2 houses of an unknown age
- 3 other addresses of unknown type
- modern house (7)
- house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Jul 2022£282,000 | 3 Bed House82, Royce Road, Manchester, M15 5LA82, Royce Road, Manchester, M15 5LA
- Sold May 2021£262,500 | 4 Bed House88, Royce Road, Manchester, M15 5LA88, Royce Road, Manchester, M15 5LA
- Sold Sep 2025£240,000 | 2 Bed House18, Royce Road, Manchester, M15 5LY18, Royce Road, Manchester, M15 5LY
Schools Nearby
- St Wilfrid's RC Primary School300 m away
- Rolls Crescent Primary School500 m away
- Crown Street Primary School500 m away
- Trinity CofE High School1.2 km away
- Manchester Academy1.8 km away
- Oasis Academy MediaCityUK2.0 km away
More reading links
Public Transport Nearby
The closest station to M15 5LY is Deansgate station, which is 800 metres away.
- Deansgate|800 m away
- Manchester Oxford Road|1.2 km away
- Salford Central|1.7 km away
- Manchester Piccadilly|2.1 km away
