M16 8BJ is a residential postcode situated on Wood Road, Manchester, M16 with 36 addresses.
It ranks as the 665th largest and 128th most expensive of the 790 postcodes in the M16 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 36 properties: 7 houses and 29 flats.
M16 8BJ is a residential postcode situated on Wood Road, Manchester, M16 with 36 addresses.
It ranks as the 665th largest and 128th most expensive of the 790 postcodes in the M16 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 36 properties: 7 houses and 29 flats.
Sale prices range from £136,752 for 1 bedroom leasehold flats (301 ft2) to £568,696 for 5 bedroom freehold houses with a garden (2,045 ft2) .
Monthly rental prices range from £845 pcm for 1 bed flats to £3,346 pcm for 5 bed houses.
The gross rental yield is between 6.9% and 8.0%.
The average value per square foot is £354.
The last sale in M16 8BJ sold for £245,000 on 10th June 2019. Since then prices are up an average of 67.0%.
The current average value in the postcode is £235,036.
The M16 8BJ Sales Market has increased by 42.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £235,036 |
| April 2025 | -0.1% | £234,943 |
| April 2024 | 8.8% | £235,208 |
| April 2023 | 3.7% | £216,247 |
| April 2022 | 5% | £208,547 |
| April 2021 | 4.3% | £198,672 |
| April 2020 | 2.1% | £190,560 |
| April 2019 | 3.2% | £186,675 |
| April 2018 | 2.2% | £180,912 |
| April 2017 | 7.1% | £176,994 |
| April 2016 | 4.7% | £165,320 |
| April 2015 | 8.3% | £157,835 |
| April 2014 | 4.7% | £145,672 |
| April 2013 | 2.6% | £139,111 |
| April 2012 | 0.2% | £135,609 |
| April 2011 | 0.4% | £135,319 |
| April 2010 | 2.8% | £134,716 |
| April 2009 | -14.7% | £130,996 |
| April 2008 | -1.6% | £153,521 |
| April 2007 | 0% | £155,966 |
The current average rental value in the postcode is £1,443.
The M16 8BJ Rental Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.4% | £1,443pcm |
| April 2025 | 0.1% | £1,382pcm |
| April 2024 | 7.7% | £1,381pcm |
| April 2023 | 12.3% | £1,283pcm |
| April 2022 | 13% | £1,142pcm |
| April 2021 | -0.5% | £1,011pcm |
| April 2020 | 2.4% | £1,016pcm |
| April 2019 | 0.8% | £992pcm |
| April 2018 | -2.3% | £984pcm |
| April 2017 | 4% | £1,008pcm |
| April 2016 | 8% | £969pcm |
| April 2015 | 4.3% | £897pcm |
| April 2014 | 1.7% | £861pcm |
| April 2013 | 3.2% | £846pcm |
| April 2012 | 2.8% | £820pcm |
| April 2011 | 5.1% | £797pcm |
| April 2010 | -0.1% | £759pcm |
| April 2009 | -3% | £760pcm |
| April 2008 | -2.2% | £783pcm |
| April 2007 | 0% | £801pcm |
The last sale was on 10th June 2019 for £245,000 and since then the market in the area has increased by 67.0%. The postcode has had a total of 6 sales since 1995.
M16 8BJ has seen no sales in the last three years and no sales in the last twelve months.
M16 8BJ is the 665th largest and the 128th most expensive postcode out of the 790 postcodes in the M16 area.
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The closest station to M16 8BJ is Manchester United Football Ground station which is 2.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around M16 8BJ, 64.6% of property is privately rented and 13.1% is privately owned with a mortgage.
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 M16 8BJ, 18.2% of residents are recorded as possessing school level qualifications and 57.8% 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 M16 8BJ, the average age was 35.6 and the most common age was 32.
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 M16 8BJ, 0.3% 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 M16 8BJ, there are an average of 0.7 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.