M40 8BP is a residential postcode situated on Silchester Drive, Manchester, M40 with 6 addresses.
It ranks as the 386th largest and 209th most expensive of the 1,810 postcodes in the M40 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 6 properties: 6 flats.
M40 8BP is a residential postcode situated on Silchester Drive, Manchester, M40 with 6 addresses.
It ranks as the 386th largest and 209th most expensive of the 1,810 postcodes in the M40 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 6 properties: 6 flats.
Sale prices range from £124,088 for 2 bedroom leasehold flats (548 ft2) to £124,088 for 2 bedroom leasehold flats (548 ft2) .
Monthly rental prices range from £1,031 pcm for 2 bed flats to £1,031 pcm for 2 bed flats.
The gross rental yield is between 10.0% and 10.0%.
The average value per square foot is £214.
The last sale in M40 8BP sold for £66,000 on 13th November 2019. Since then prices are down an average of 0.0%.
The current average value in the postcode is £124,088.
The M40 8BP Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £124,088 |
| April 2025 | -3.3% | £126,918 |
| April 2024 | -1.7% | £131,184 |
| April 2023 | 5.2% | £133,429 |
| April 2022 | 6.3% | £126,892 |
| April 2021 | 5% | £119,380 |
| April 2020 | -0.5% | £113,643 |
| April 2019 | 3.1% | £114,162 |
| April 2018 | 5.4% | £110,699 |
| April 2017 | 10.9% | £105,011 |
| April 2016 | 8.2% | £94,659 |
| April 2015 | 3.8% | £87,500 |
| April 2014 | 4.3% | £84,267 |
| April 2013 | -1.5% | £80,799 |
| April 2012 | -2% | £82,022 |
| April 2011 | 2% | £83,676 |
| April 2010 | -6.3% | £82,016 |
| April 2009 | -14.1% | £87,505 |
| April 2008 | -3.9% | £101,882 |
| April 2007 | 0% | £106,006 |
The current average rental value in the postcode is £1,031.
The M40 8BP Rental Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £1,031pcm |
| April 2025 | 0.6% | £1,027pcm |
| April 2024 | 9% | £1,021pcm |
| April 2023 | 12% | £937pcm |
| April 2022 | 12.1% | £837pcm |
| April 2021 | -2% | £746pcm |
| April 2020 | 1.6% | £761pcm |
| April 2019 | 1% | £750pcm |
| April 2018 | -0.5% | £742pcm |
| April 2017 | 2.4% | £746pcm |
| April 2016 | 4.6% | £728pcm |
| April 2015 | 3.6% | £696pcm |
| April 2014 | 2.8% | £672pcm |
| April 2013 | -0.2% | £654pcm |
| April 2012 | 2.4% | £655pcm |
| April 2011 | 3.2% | £640pcm |
| April 2010 | -2.3% | £620pcm |
| April 2009 | -4.7% | £634pcm |
| April 2008 | -1.1% | £665pcm |
| April 2007 | 0% | £673pcm |
The last sale was on 13th November 2019 for £66,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
M40 8BP has seen no sales in the last three years and no sales in the last twelve months.
M40 8BP is the 386th largest and the 209th most expensive postcode out of the 1,810 postcodes in the M40 area.
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The closest station to M40 8BP is Manchester Victoria station which is 2.4 kilometres away.
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