Silverstone Drive - M40 1RH
Key Postcode Insights
M40 1RH is a residential postcode situated on Silverstone Drive, Manchester, M40 with 12 addresses.
It ranks as the 758th largest of the 1,810 postcodes in the M40 area.
The postcode contains a total of 12 properties: 5 houses and 7 other properties.
- Ave. Sale Price
- £226,085
- 10 Year change
- up 84.9%
- Ave. Rental Price
- £1,397pcm
- 10 Year change
- up 87.9%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
M40 1RH is a residential postcode situated on Silverstone Drive, Manchester, M40 with 12 addresses.
It ranks as the 758th largest of the 1,810 postcodes in the M40 area.
The postcode contains a total of 12 properties: 5 houses and 7 other properties.
- Ave. Sale Price
- £226,085
- 10 Year change
- up 84.9%
- Ave. Rental Price
- £1,397pcm
- 10 Year change
- up 87.9%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Properties in M40 1RH
- 5 Silverstone Drive
3 Bed Early-century House
- 7 Silverstone Drive
House
- 9 Silverstone Drive
House
- 11 Silverstone Drive
House
- 13 Silverstone Drive
House
Sales Market Trends
The last sale in M40 1RH sold for £136,000 on 18th July 2019. Since then prices are up an average of 53.4%.
The current average value in the postcode is £226,085.
The M40 1RH Sales Market has increased by 84.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £226,085 |
| June 2025 | 6.6% | £222,724 |
| June 2024 | 0% | £208,997 |
| June 2023 | 3.8% | £208,940 |
| June 2022 | 14% | £201,368 |
| June 2021 | 11.5% | £176,648 |
| June 2020 | 6.3% | £158,363 |
| June 2019 | 5.5% | £148,923 |
| June 2018 | 8.6% | £141,220 |
| June 2017 | 6.4% | £130,019 |
| June 2016 | 6.2% | £122,255 |
| June 2015 | 4.2% | £115,138 |
| June 2014 | 6.3% | £110,463 |
| June 2013 | -0.4% | £103,899 |
| June 2012 | -1.7% | £104,342 |
| June 2011 | -3.2% | £106,113 |
| June 2010 | 3.5% | £109,588 |
| June 2009 | -9.9% | £105,907 |
| June 2008 | -5.2% | £117,594 |
| June 2007 | 0% | £124,029 |
Rental Market Trends
The current average rental value in the postcode is £1,397.
The M40 1RH Rental Market has increased by 87.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,397pcm |
| June 2025 | 4.7% | £1,357pcm |
| June 2024 | 11.7% | £1,297pcm |
| June 2023 | 14.5% | £1,160pcm |
| June 2022 | 11.8% | £1,014pcm |
| June 2021 | 6.8% | £907pcm |
| June 2020 | 3.7% | £850pcm |
| June 2019 | 2.6% | £819pcm |
| June 2018 | 3.7% | £799pcm |
| June 2017 | 3.6% | £770pcm |
| June 2016 | 4% | £743pcm |
| June 2015 | 3.9% | £715pcm |
| June 2014 | 2.9% | £688pcm |
| June 2013 | 1% | £669pcm |
| June 2012 | 0.9% | £662pcm |
| June 2011 | 2.8% | £656pcm |
| June 2010 | 3.9% | £638pcm |
| June 2009 | -1.9% | £614pcm |
| June 2008 | 1.6% | £626pcm |
| June 2007 | 0% | £617pcm |
Sales History
The last recorded sale was on 18th July 2019 for £136,000 and since then the market in the area has increased by 53.4%.
M40 1RH has had 3 sales since 1995, none of them in the last three years.
- Sold Jul 2019£136,000 | 3 Bed House5, Silverstone Drive, Manchester, M40 1RH5, Silverstone Drive, Manchester, M40 1RH
- Sold Feb 2015£107,000 | 3 Bed House27, Silverstone Drive, Manchester, M40 1RH27, Silverstone Drive, Manchester, M40 1RH
- Sold Oct 2014£104,950 | 3 Bed House5, Silverstone Drive, Manchester, M40 1RH5, Silverstone Drive, Manchester, M40 1RH
Nearby Postcodes
M40 1RH is the 758th largest and the 1280th most expensive postcode out of the 1,810 postcodes in the M40 area.
- M40 1WF, Silverstone Drive, Manchester, M40M40 1WF16 Addresses|30 m away
- M40 1RJ, Carnwood Close, Manchester, M40M40 1RJ9 Addresses|37 m away
- M40 1NH, Greenwich Close, Manchester, M40M40 1NH12 Addresses|47 m away
- M40 1NF, Stansfield Street, Manchester, M40M40 1NF55 Addresses|96 m away
- M40 1UD, Silverstone Drive, Manchester, M40M40 1UD2 Addresses|99 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (3)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Sep 2024£270,000 | 4 Bed House8, Silverstone Drive, Manchester, M40 1WF8, Silverstone Drive, Manchester, M40 1WF
- Sold Jan 2020£230,000 | 3 Bed House32, Silverstone Drive, Manchester, M40 1WF32, Silverstone Drive, Manchester, M40 1WF
- Sold Oct 2022£200,000 | 3 Bed House30, Silverstone Drive, Manchester, M40 1WF30, Silverstone Drive, Manchester, M40 1WF
Schools Nearby
- St Wilfrid's CofE Junior and Infant School400 m away
- St Willibrord's RC Primary School600 m away
- Christ The King RC Primary School Manchester600 m away
- Droylsden Academy1.6 km away
- Co-op Academy Failsworth2.1 km away
- The East Manchester Academy2.4 km away
More reading links
Public Transport Nearby
The closest station to M40 1RH is Gorton station, which is 2.8 kilometres away.
- Gorton|2.8 km away
- Ashburys|2.9 km away
- Fairfield|3.0 km away
- Moston|3.2 km away