M23 1LE is a residential postcode situated on Bowland Road, Manchester, M23 with 42 addresses.
It ranks as the 734th largest and 32nd most expensive of the 778 postcodes in the M23 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 42 properties: 15 houses and 27 flats.
M23 1LE is a residential postcode situated on Bowland Road, Manchester, M23 with 42 addresses.
It ranks as the 734th largest and 32nd most expensive of the 778 postcodes in the M23 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 42 properties: 15 houses and 27 flats.
Sale prices range from £100,865 for 2 bedroom leasehold flats (430 ft2) to £255,823 for 4 bedroom freehold houses with a garden (1,205 ft2) .
Monthly rental prices range from £712 pcm for 2 bed flats to £1,351 pcm for 4 bed houses.
The gross rental yield is between 6.3% and 8.5%.
The average value per square foot is £218.
The last sale in M23 1LE sold for £175,000 on 26th March 2021. Since then prices are up an average of 26.1%.
The current average value in the postcode is £146,314.
The M23 1LE Sales Market has increased by 72.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £146,314 |
| April 2025 | 3.6% | £145,656 |
| April 2024 | 2% | £140,617 |
| April 2023 | 5.9% | £137,824 |
| April 2022 | 12.3% | £130,106 |
| April 2021 | 8% | £115,876 |
| April 2020 | 6.1% | £107,309 |
| April 2019 | 3.1% | £101,134 |
| April 2018 | 8.4% | £98,095 |
| April 2017 | 6.7% | £90,470 |
| April 2016 | 7.7% | £84,770 |
| April 2015 | 6.1% | £78,743 |
| April 2014 | 7% | £74,211 |
| April 2013 | 3.2% | £69,356 |
| April 2012 | -1.9% | £67,219 |
| April 2011 | -1.8% | £68,555 |
| April 2010 | -0.4% | £69,831 |
| April 2009 | -12.6% | £70,137 |
| April 2008 | -2.7% | £80,235 |
| April 2007 | 0% | £82,428 |
The current average rental value in the postcode is £912.
The M23 1LE Rental Market has increased by 73.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.3% | £912pcm |
| April 2025 | 3.4% | £874pcm |
| April 2024 | 9.6% | £846pcm |
| April 2023 | 11.5% | £772pcm |
| April 2022 | 11.8% | £692pcm |
| April 2021 | 5.3% | £619pcm |
| April 2020 | 1.1% | £588pcm |
| April 2019 | 2.3% | £581pcm |
| April 2018 | 2.6% | £568pcm |
| April 2017 | 5% | £553pcm |
| April 2016 | 5.1% | £527pcm |
| April 2015 | 4.2% | £501pcm |
| April 2014 | 2% | £481pcm |
| April 2013 | 2.6% | £472pcm |
| April 2012 | 0.7% | £460pcm |
| April 2011 | 2.7% | £457pcm |
| April 2010 | -0.3% | £445pcm |
| April 2009 | -6.4% | £446pcm |
| April 2008 | 0.4% | £477pcm |
| April 2007 | 0% | £474pcm |
The last sale was on 26th March 2021 for £175,000 and since then the market in the area has increased by 26.1%. The postcode has had a total of 3 sales since 1995.
M23 1LE has seen no sales in the last three years and no sales in the last twelve months.
M23 1LE is the 734th largest and the 32nd most expensive postcode out of the 778 postcodes in the M23 area.
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The closest station to M23 1LE is Manchester Airport station which is 3.2 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around M23 1LE, 57.5% of property is socially rented and 16.7% 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 M23 1LE, 23.1% of residents are recorded as possessing school level qualifications and 19.8% 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 M23 1LE, the average age was 35.8 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 M23 1LE, 0.0% 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 M23 1LE, 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.