Ludgate Road - M40 2RQ
Key Postcode Insights
M40 2RQ is a residential postcode situated on Ludgate Road, Manchester, M40 with 32 addresses.
It ranks as the 1594th largest and 972nd most expensive of the 1,810 postcodes in the M40 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 32 properties: 21 houses and 11 other properties.
- Ave. Sale Price
- £200,370
- 10 Year change
- up 93.6%
- Ave. Rental Price
- £1,338pcm
- 10 Year change
- up 98.8%
- Ave. £ per ft²
- £240/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Key Postcode Insights
M40 2RQ is a residential postcode situated on Ludgate Road, Manchester, M40 with 32 addresses.
It ranks as the 1594th largest and 972nd most expensive of the 1,810 postcodes in the M40 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 32 properties: 21 houses and 11 other properties.
- Ave. Sale Price
- £200,370
- 10 Year change
- up 93.6%
- Ave. Rental Price
- £1,338pcm
- 10 Year change
- up 98.8%
- Ave. £ per ft²
- £240/ft²
- Ave. Gross Yield
- 8.0%/year/yr
Explore Properties in M40 2RQ
- 21 Ludgate Road
3 Bed Early-century House
- 23 Ludgate Road
House
- 25 Ludgate Road
3 Bed Mid-century House
- 27 Ludgate Road
House
- 29 Ludgate Road
3 Bed Early-century House
Sales Market Trends
The last sale in M40 2RQ sold for £180,000 on 27th July 2023. Since then prices are up an average of 10.8%.
The current average value in the postcode is £200,370.
The M40 2RQ Sales Market has increased by 93.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £200,370 |
| June 2025 | 7.4% | £195,317 |
| June 2024 | 0.6% | £181,920 |
| June 2023 | 3.9% | £180,852 |
| June 2022 | 14.5% | £174,132 |
| June 2021 | 11.8% | £152,127 |
| June 2020 | 7.1% | £136,130 |
| June 2019 | 5.6% | £127,049 |
| June 2018 | 8.9% | £120,263 |
| June 2017 | 6.7% | £110,477 |
| June 2016 | 6.7% | £103,501 |
| June 2015 | 4.9% | £96,973 |
| June 2014 | 6.3% | £92,411 |
| June 2013 | -1% | £86,896 |
| June 2012 | -1.8% | £87,765 |
| June 2011 | -3.8% | £89,364 |
| June 2010 | 1.9% | £92,921 |
| June 2009 | -11% | £91,146 |
| June 2008 | -5.1% | £102,450 |
| June 2007 | 0% | £107,909 |
Rental Market Trends
The current average rental value in the postcode is £1,338.
The M40 2RQ Rental Market has increased by 98.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,338pcm |
| June 2025 | 5.8% | £1,285pcm |
| June 2024 | 12.3% | £1,214pcm |
| June 2023 | 14.1% | £1,081pcm |
| June 2022 | 12.5% | £947pcm |
| June 2021 | 7.9% | £842pcm |
| June 2020 | 4.1% | £780pcm |
| June 2019 | 3% | £750pcm |
| June 2018 | 4.2% | £727pcm |
| June 2017 | 3.8% | £698pcm |
| June 2016 | 4.1% | £673pcm |
| June 2015 | 4.4% | £646pcm |
| June 2014 | 3% | £619pcm |
| June 2013 | 0.4% | £601pcm |
| June 2012 | 0.8% | £598pcm |
| June 2011 | 1.9% | £594pcm |
| June 2010 | 2.6% | £583pcm |
| June 2009 | -3.4% | £568pcm |
| June 2008 | 1.5% | £588pcm |
| June 2007 | 0% | £580pcm |
Sales History
The last recorded sale was on 27th July 2023 for £180,000 and since then the market in the area has increased by 10.8%.
M40 2RQ has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jul 2023£180,000 | 3 Bed House31, Ludgate Road, Manchester, M40 2RQ31, Ludgate Road, Manchester, M40 2RQ
- Sold Jul 2019£125,000 | 3 Bed House35, Ludgate Road, Manchester, M40 2RQ35, Ludgate Road, Manchester, M40 2RQ
- Sold Nov 2004£63,000 | 3 Bed House35, Ludgate Road, Manchester, M40 2RQ35, Ludgate Road, Manchester, M40 2RQ
Nearby Postcodes
M40 2RQ is the 1594th largest and the 972nd most expensive postcode out of the 1,810 postcodes in the M40 area.
- M40 2RU, Finchley Avenue, Manchester, M40M40 2RU10 Addresses|57 m away
- M40 2RZ, Seabrook Road, Manchester, M40M40 2RZ15 Addresses|59 m away
- M40 1RX, Coleridge Street, Manchester, M40M40 1RX6 Addresses|60 m away
- M40 1RW, Clough Street, Manchester, M40M40 1RW6 Addresses|72 m away
- M40 2SA, Seabrook Road, Manchester, M40M40 2SA17 Addresses|92 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 14 early-century houses built between 1912 and 1935
- 11 other addresses of unknown type
- mid-century house (6)
- house (1)
- early-century house (14)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (11)
- G (0)
- D (9)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Jul 2023£180,000 | 3 Bed House31, Ludgate Road, Manchester, M40 2RQ31, Ludgate Road, Manchester, M40 2RQ
- Sold Jul 2019£125,000 | 3 Bed House35, Ludgate Road, Manchester, M40 2RQ35, Ludgate Road, Manchester, M40 2RQ
- Sold Nov 2004£63,000 | 3 Bed House35, Ludgate Road, Manchester, M40 2RQ35, Ludgate Road, Manchester, M40 2RQ
Schools Nearby
- Christ The King RC Primary School Manchester200 m away
- St Wilfrid's CofE Junior and Infant School300 m away
- All Saints C of E Primary School400 m away
- Droylsden Academy2.0 km away
- Co-op Academy Failsworth2.3 km away
- The East Manchester Academy2.4 km away
More reading links
Public Transport Nearby
The closest station to M40 2RQ is Moston station, which is 3.0 kilometres away.
- Moston|3.0 km away
- Ashburys|3.0 km away
- Gorton|3.1 km away
- Fairfield|3.5 km away