Iron Street - M40 7LE
Key Postcode Insights
M40 7LE is a residential postcode situated on Iron Street, Manchester, M40 with 8 addresses.
It ranks as the 519th largest and 1441st most expensive of the 1,810 postcodes in the M40 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £242,112
- 10 Year change
- up 40.9%
- Ave. Rental Price
- £1,249pcm
- 10 Year change
- up 55.8%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
M40 7LE is a residential postcode situated on Iron Street, Manchester, M40 with 8 addresses.
It ranks as the 519th largest and 1441st most expensive of the 1,810 postcodes in the M40 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £242,112
- 10 Year change
- up 40.9%
- Ave. Rental Price
- £1,249pcm
- 10 Year change
- up 55.8%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin M40 7LE
- 2 Iron Street
Unknown
- 4 Iron Street
3 Bed Modern House
- 6 Iron Street
Unknown
- 8 Iron Street
3 Bed Modern House
- 10 Iron Street
Unknown
Sales Market Trends
The last sale in M40 7LE sold for £230,000 on 17th December 2021. Since then prices are up an average of 4.9%.
The current average value in the postcode is £242,112.
The M40 7LE Sales Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £242,112 |
| June 2025 | -0.8% | £247,453 |
| June 2024 | -3% | £249,387 |
| June 2023 | 5.9% | £257,014 |
| June 2022 | 8.2% | £242,804 |
| June 2021 | 5.9% | £224,381 |
| June 2020 | 1.2% | £211,814 |
| June 2019 | 2.4% | £209,262 |
| June 2018 | 6.4% | £204,287 |
| June 2017 | 11.7% | £191,996 |
| June 2016 | 10.2% | £171,841 |
| June 2015 | 4.9% | £155,877 |
| June 2014 | 5.3% | £148,597 |
| June 2013 | -0.7% | £141,075 |
| June 2012 | 0% | £142,132 |
| June 2011 | -0.9% | £142,191 |
| June 2010 | 1.8% | £143,509 |
| June 2009 | -9.5% | £141,022 |
| June 2008 | -4.8% | £155,833 |
| June 2007 | 0% | £163,759 |
Rental Market Trends
The current average rental value in the postcode is £1,249.
The M40 7LE Rental Market has increased by 55.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,249pcm |
| June 2025 | 1.5% | £1,219pcm |
| June 2024 | 6.8% | £1,201pcm |
| June 2023 | 13% | £1,125pcm |
| June 2022 | 15.5% | £996pcm |
| June 2021 | 0.8% | £862pcm |
| June 2020 | 0.9% | £855pcm |
| June 2019 | 2% | £848pcm |
| June 2018 | 0.3% | £831pcm |
| June 2017 | 3.3% | £829pcm |
| June 2016 | 5.8% | £802pcm |
| June 2015 | 4.9% | £758pcm |
| June 2014 | 3.8% | £723pcm |
| June 2013 | 1.1% | £696pcm |
| June 2012 | 3.2% | £688pcm |
| June 2011 | 3% | £667pcm |
| June 2010 | 3.8% | £648pcm |
| June 2009 | -1.3% | £624pcm |
| June 2008 | 1.1% | £632pcm |
| June 2007 | 0% | £625pcm |
Sales History
The last sale was on 17th December 2021 for £230,000 and since then the market in the area has increased by 4.9%. The postcode has had a total of 3 sales since 1995.
M40 7LE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2021£230,000 | 3 Bed House8, Iron Street, Manchester, M40 7LE8, Iron Street, Manchester, M40 7LE
- Sold Aug 2012£134,995 | 3 Bed House8, Iron Street, Manchester, M40 7LE8, Iron Street, Manchester, M40 7LE
- Sold May 2012£134,995 | 4 Bed House12, Iron Street, Manchester, M40 7LE12, Iron Street, Manchester, M40 7LE
Nearby Postcodes
M40 7LE is the 519th largest and the 1441st most expensive postcode out of the 1,810 postcodes in the M40 area.
- M40 7LD, Roydale Street, Manchester, M40M40 7LD7 Addresses|37 m away
- M40 7LQ, Danson Street, Manchester, M40M40 7LQ19 Addresses|47 m away
- M40 7EN, Sandal Street, Manchester, M40M40 7EN14 Addresses|50 m away
- M40 7EW, Sandal Street, Manchester, M40M40 7EW20 Addresses|78 m away
- M40 7BA, Stracey Street, Manchester, M40M40 7BA5 Addresses|88 m away
Property Types
- 2 modern houses built after 1980
- 1 house of an unknown age
- 5 other addresses of unknown type
- modern house (2)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (2)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Dec 2021£230,000 | 3 Bed House8, Iron Street, Manchester, M40 7LE8, Iron Street, Manchester, M40 7LE
- Sold May 2012£134,995 | 4 Bed House12, Iron Street, Manchester, M40 7LE12, Iron Street, Manchester, M40 7LE
- Sold Aug 2012£134,995 | 3 Bed House8, Iron Street, Manchester, M40 7LE8, Iron Street, Manchester, M40 7LE
Schools Nearby
- Park View Community Primary Academy200 m away
- St Anne's RC Primary School1.0 km away
- St Patrick's RC Primary School, a Voluntary Academy1.1 km away
- Manchester Communication Academy1.5 km away
- The East Manchester Academy1.6 km away
- Eden Boys' Leadership Academy, Manchester1.7 km away
More reading links
Public Transport Nearby
The closest station to M40 7LE is Manchester Piccadilly station, which is 1.9 kilometres away.
- Manchester Piccadilly|1.9 km away
- Ardwick|2.0 km away
- Manchester Victoria|2.2 km away
- Ashburys|2.2 km away