M2 1AF is a residential postcode situated on Chapel Walks, Manchester, M2 with 4 addresses.
It ranks as the 205th largest and 378th 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 4 properties: 4 flats.
M2 1AF is a residential postcode situated on Chapel Walks, Manchester, M2 with 4 addresses.
It ranks as the 205th largest and 378th 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 4 properties: 4 flats.
Sale prices range from £236,624 for 1 bedroom leasehold flats (495 ft2) to £361,915 for 3 bedroom leasehold flats (1,054 ft2) .
Monthly rental prices range from £1,322 pcm for 1 bed flats to £1,873 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 6.7%.
The average value per square foot is £422.
The last sale in M2 1AF sold for £330,000 on 21st May 2025. Since then prices are down an average of 6.3%.
The current average value in the postcode is £291,387.
The M2 1AF Sales Market has increased by 13.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £291,387 |
| April 2025 | 0.2% | £297,936 |
| April 2024 | -1.5% | £297,217 |
| April 2023 | 2.4% | £301,631 |
| April 2022 | 5.6% | £294,571 |
| April 2021 | -1.8% | £278,861 |
| April 2020 | 2% | £284,012 |
| April 2019 | -2.5% | £278,411 |
| April 2018 | 1.7% | £285,506 |
| April 2017 | 9.8% | £280,829 |
| April 2016 | 11.7% | £255,765 |
| April 2015 | 3% | £229,066 |
| April 2014 | 6.1% | £222,469 |
| April 2013 | -0.4% | £209,728 |
| April 2012 | -3.3% | £210,519 |
| April 2011 | 8.5% | £217,778 |
| April 2010 | -2.7% | £200,790 |
| April 2009 | -15.2% | £206,388 |
| April 2008 | -5.8% | £243,514 |
| April 2007 | 0% | £258,560 |
The current average rental value in the postcode is £1,558.
The M2 1AF Rental Market has increased by 29.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £1,558pcm |
| April 2025 | 0.1% | £1,529pcm |
| April 2024 | 7.6% | £1,527pcm |
| April 2023 | 10.8% | £1,419pcm |
| April 2022 | 9.7% | £1,281pcm |
| April 2021 | -5% | £1,167pcm |
| April 2020 | 2.7% | £1,229pcm |
| April 2019 | 1.7% | £1,197pcm |
| April 2018 | -5.4% | £1,177pcm |
| April 2017 | 3.7% | £1,244pcm |
| April 2016 | 6.8% | £1,199pcm |
| April 2015 | 4.9% | £1,123pcm |
| April 2014 | 2.7% | £1,071pcm |
| April 2013 | 2.2% | £1,043pcm |
| April 2012 | 2.8% | £1,020pcm |
| April 2011 | 4.6% | £992pcm |
| April 2010 | 0.4% | £948pcm |
| April 2009 | -7.7% | £944pcm |
| April 2008 | -2.3% | £1,023pcm |
| April 2007 | 0% | £1,047pcm |
The last sale was on 21st May 2025 for £330,000 and since then the market in the area has decreased by 6.3%. The postcode has had a total of 4 sales since 1995.
M2 1AF has seen 2 sales in the last three years and no sales in the last twelve months.
M2 1AF is the 205th largest and the 378th most expensive postcode out of the 592 postcodes in the M2 area.
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The closest station to M2 1AF is Manchester Victoria station which is 600 metres away.
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