M16 8LW is a residential postcode situated on Alexandra Road South, Manchester, M16 with 32 addresses.
It ranks as the 628th largest and 246th most expensive of the 790 postcodes in the M16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 32 properties: 32 flats.
M16 8LW is a residential postcode situated on Alexandra Road South, Manchester, M16 with 32 addresses.
It ranks as the 628th largest and 246th most expensive of the 790 postcodes in the M16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 32 properties: 32 flats.
Sale prices range from £164,171 for 2 bedroom leasehold flats (538 ft2) to £198,414 for 2 bedroom leasehold flats (785 ft2) .
Monthly rental prices range from £1,089 pcm for 2 bed flats to £1,253 pcm for 2 bed flats.
The gross rental yield is between 7.6% and 8.0%.
The average value per square foot is £267.
The last sale in M16 8LW sold for £170,000 on 28th February 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £186,783.
The M16 8LW Sales Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1% | £186,783 |
| April 2025 | 0.5% | £188,645 |
| April 2024 | 8.3% | £187,682 |
| April 2023 | 2.7% | £173,244 |
| April 2022 | 3.6% | £168,619 |
| April 2021 | 2.9% | £162,774 |
| April 2020 | 3.4% | £158,258 |
| April 2019 | 1.9% | £153,106 |
| April 2018 | 1.4% | £150,269 |
| April 2017 | 7.3% | £148,122 |
| April 2016 | 5% | £138,102 |
| April 2015 | 7.9% | £131,548 |
| April 2014 | 4.3% | £121,879 |
| April 2013 | 0.9% | £116,910 |
| April 2012 | 0.2% | £115,835 |
| April 2011 | 0.7% | £115,634 |
| April 2010 | 2% | £114,786 |
| April 2009 | -16.4% | £112,490 |
| April 2008 | -1.6% | £134,546 |
| April 2007 | 0% | £136,741 |
The current average rental value in the postcode is £1,200.
The M16 8LW Rental Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,200pcm |
| April 2025 | 0.8% | £1,164pcm |
| April 2024 | 9% | £1,155pcm |
| April 2023 | 11.4% | £1,059pcm |
| April 2022 | 10.8% | £951pcm |
| April 2021 | -1.3% | £859pcm |
| April 2020 | 3.6% | £870pcm |
| April 2019 | -0.3% | £840pcm |
| April 2018 | -3.1% | £842pcm |
| April 2017 | 4% | £869pcm |
| April 2016 | 7.3% | £836pcm |
| April 2015 | 4.7% | £779pcm |
| April 2014 | 1.7% | £744pcm |
| April 2013 | 1.5% | £732pcm |
| April 2012 | 1.9% | £721pcm |
| April 2011 | 4.7% | £708pcm |
| April 2010 | 0.6% | £676pcm |
| April 2009 | -6.1% | £672pcm |
| April 2008 | -1.3% | £716pcm |
| April 2007 | 0% | £725pcm |
The last sale was on 28th February 2025 for £170,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 83 sales since 1995.
M16 8LW has seen 4 sales in the last three years and no sales in the last twelve months.
M16 8LW is the 628th largest and the 246th most expensive postcode out of the 790 postcodes in the M16 area.
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The closest station to M16 8LW is Deansgate station which is 2.8 kilometres away.
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