M2 1AE is a residential postcode situated on Chapel Walks, Manchester, M2 with 8 addresses.
It ranks as the 255th largest and 383rd most expensive of the 592 postcodes in the M2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
M2 1AE is a residential postcode situated on Chapel Walks, Manchester, M2 with 8 addresses.
It ranks as the 255th largest and 383rd most expensive of the 592 postcodes in the M2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £284,429 for 2 bedroom leasehold flats (667 ft2) to £336,811 for 2 bedroom leasehold flats (925 ft2) .
Monthly rental prices range from £1,571 pcm for 2 bed flats to £1,741 pcm for 2 bed flats.
The gross rental yield is between 6.2% and 6.6%.
The average value per square foot is £418.
The last sale in M2 1AE sold for £340,000 on 28th February 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £295,691.
The M2 1AE Sales Market has increased by 12.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.3% | £295,691 |
| April 2025 | 0.4% | £302,709 |
| April 2024 | -0.9% | £301,457 |
| April 2023 | 2% | £304,347 |
| April 2022 | 4.8% | £298,299 |
| April 2021 | -2.6% | £284,524 |
| April 2020 | 3.4% | £292,013 |
| April 2019 | -3.1% | £282,384 |
| April 2018 | 1.4% | £291,389 |
| April 2017 | 9.6% | £287,444 |
| April 2016 | 12.1% | £262,191 |
| April 2015 | 3.1% | £233,834 |
| April 2014 | 6.2% | £226,835 |
| April 2013 | -0.5% | £213,568 |
| April 2012 | -3.1% | £214,617 |
| April 2011 | 8.6% | £221,448 |
| April 2010 | -0.6% | £203,922 |
| April 2009 | -16.2% | £205,103 |
| April 2008 | -5.8% | £244,771 |
| April 2007 | 0% | £259,814 |
The current average rental value in the postcode is £1,609.
The M2 1AE Rental Market has increased by 28.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £1,609pcm |
| April 2025 | 0.3% | £1,581pcm |
| April 2024 | 8.1% | £1,576pcm |
| April 2023 | 10.4% | £1,458pcm |
| April 2022 | 8.9% | £1,320pcm |
| April 2021 | -5.8% | £1,212pcm |
| April 2020 | 4.1% | £1,287pcm |
| April 2019 | 1% | £1,236pcm |
| April 2018 | -5.7% | £1,223pcm |
| April 2017 | 3.6% | £1,297pcm |
| April 2016 | 7.2% | £1,252pcm |
| April 2015 | 5% | £1,167pcm |
| April 2014 | 2.9% | £1,112pcm |
| April 2013 | 2.1% | £1,081pcm |
| April 2012 | 3.1% | £1,058pcm |
| April 2011 | 4.7% | £1,027pcm |
| April 2010 | 2.7% | £981pcm |
| April 2009 | -8.7% | £955pcm |
| April 2008 | -2.3% | £1,046pcm |
| April 2007 | 0% | £1,071pcm |
The last sale was on 28th February 2025 for £340,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 8 sales since 1995.
M2 1AE has seen 8 sales in the last three years and no sales in the last twelve months.
M2 1AE is the 255th largest and the 383rd most expensive postcode out of the 592 postcodes in the M2 area.
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The closest station to M2 1AE is Manchester Victoria station which is 600 metres away.
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