M4 1LY is a residential postcode situated on Martlesham Walk, Manchester, M4 with 22 addresses.
It ranks as the 230th largest and 228th most expensive of the 459 postcodes in the M4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 22 properties: 22 flats.
M4 1LY is a residential postcode situated on Martlesham Walk, Manchester, M4 with 22 addresses.
It ranks as the 230th largest and 228th most expensive of the 459 postcodes in the M4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 22 properties: 22 flats.
Sale prices range from £161,912 for 1 bedroom leasehold flats (290 ft2) to £284,686 for 2 bedroom leasehold flats (850 ft2) .
Monthly rental prices range from £794 pcm for 1 bed flats to £1,345 pcm for 2 bed flats.
The gross rental yield is between 5.7% and 5.9%.
The average value per square foot is £412.
The last sale in M4 1LY sold for £320,000 on 11th August 2023. Since then prices are down an average of 9.0%.
The current average value in the postcode is £226,115.
The M4 1LY Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.3% | £226,115 |
| April 2025 | -7.1% | £231,337 |
| April 2024 | -1.9% | £249,047 |
| April 2023 | 4.2% | £253,745 |
| April 2022 | 3.5% | £243,422 |
| April 2021 | 5.1% | £235,215 |
| April 2020 | -0.5% | £223,726 |
| April 2019 | 2.4% | £224,919 |
| April 2018 | 3.6% | £219,583 |
| April 2017 | 13.7% | £212,017 |
| April 2016 | 10% | £186,411 |
| April 2015 | 4.1% | £169,462 |
| April 2014 | 3.1% | £162,805 |
| April 2013 | -0.9% | £157,942 |
| April 2012 | -0.5% | £159,448 |
| April 2011 | 3.2% | £160,207 |
| April 2010 | -5.2% | £155,289 |
| April 2009 | -13.3% | £163,811 |
| April 2008 | -4% | £188,962 |
| April 2007 | 0% | £196,798 |
The current average rental value in the postcode is £1,090.
The M4 1LY Rental Market has increased by 36.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £1,090pcm |
| April 2025 | -0.3% | £1,073pcm |
| April 2024 | 8.8% | £1,077pcm |
| April 2023 | 11.5% | £989pcm |
| April 2022 | 11.7% | £887pcm |
| April 2021 | -3.9% | £795pcm |
| April 2020 | 4.2% | £827pcm |
| April 2019 | -0.3% | £794pcm |
| April 2018 | -2.3% | £796pcm |
| April 2017 | 2.3% | £815pcm |
| April 2016 | 5.5% | £797pcm |
| April 2015 | 3.6% | £755pcm |
| April 2014 | 2.8% | £728pcm |
| April 2013 | 0.4% | £709pcm |
| April 2012 | 2.6% | £706pcm |
| April 2011 | 4.2% | £688pcm |
| April 2010 | 0.4% | £660pcm |
| April 2009 | -4% | £657pcm |
| April 2008 | -0.5% | £685pcm |
| April 2007 | 0% | £688pcm |
The last sale was on 11th August 2023 for £320,000 and since then the market in the area has decreased by 9.0%. The postcode has had a total of 25 sales since 1995.
M4 1LY has seen 2 sales in the last three years and no sales in the last twelve months.
M4 1LY is the 230th largest and the 228th most expensive postcode out of the 459 postcodes in the M4 area.
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The closest station to M4 1LY is Manchester Victoria station which is 600 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 M4 1LY, 53.2% of property is privately rented and 26.3% is socially rented.
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 M4 1LY, 9.8% of residents are recorded as possessing school level qualifications and 63.7% 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 M4 1LY, the average age was 31.3 and the most common age was 27.
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 M4 1LY, 0.7% 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 M4 1LY, there are an average of 0.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.