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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
M40 8LYHouse Prices / North West, Manchester, Churnet Street
Last updated May 2026
Key Postcode Insights
M40 8LY is a residential postcode situated on Churnet Street, Manchester, M40 with 4 addresses.
It ranks as the 231st largest and 1416th most expensive of the 1,810 postcodes in the M40 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
M40 8LY is a residential postcode situated on Churnet Street, Manchester, M40 with 4 addresses.
It ranks as the 231st largest and 1416th most expensive of the 1,810 postcodes in the M40 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
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House Pricesin M40 8LY
Sale prices range from £204,074 for 3 bedroom freehold houses with a garden (871 ft2) to £274,963 for 4 bedroom freehold houses with a garden (1,227 ft2) .
Monthly rental prices range from £1,308 pcm for 3 bed houses to £1,506 pcm for 4 bed houses.
The gross rental yield is between 6.6% and 7.7%.
The average value per square foot is £229.
Average Sale Value
£239,519
Average Rental Value
£1,407 pcm
Average Rental Yield
7.0% /year
Average Value Per Sqft
£229 /ft2
Sales Market Trendsin M40 8LY
The last sale in M40 8LY sold for £167,000 on 9th September 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £239,519.
The M40 8LY Sales Market has increased by 58.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £239,519 |
| April 2025 | -1.1% | £235,831 |
| April 2024 | -1.2% | £238,520 |
| April 2023 | 7% | £241,496 |
| April 2022 | 8.4% | £225,747 |
| April 2021 | 7.5% | £208,199 |
| April 2020 | 1.3% | £193,623 |
| April 2019 | 4% | £191,184 |
| April 2018 | 7.5% | £183,743 |
| April 2017 | 12.8% | £170,906 |
| April 2016 | 10.1% | £151,578 |
| April 2015 | 4.9% | £137,695 |
| April 2014 | 4.7% | £131,271 |
| April 2013 | -0.7% | £125,327 |
| April 2012 | -2.1% | £126,240 |
| April 2011 | -0.2% | £128,980 |
| April 2010 | -3.5% | £129,188 |
| April 2009 | -12.5% | £133,805 |
| April 2008 | -1.1% | £152,974 |
| April 2007 | 0% | £154,715 |
Rental Market Trendsin M40 8LY
The current average rental value in the postcode is £1,407.
The M40 8LY Rental Market has increased by 70.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.3% | £1,407pcm |
| April 2025 | 2.8% | £1,349pcm |
| April 2024 | 9.5% | £1,312pcm |
| April 2023 | 13.9% | £1,198pcm |
| April 2022 | 14.3% | £1,052pcm |
| April 2021 | 0.4% | £920pcm |
| April 2020 | 3.3% | £917pcm |
| April 2019 | 1.9% | £887pcm |
| April 2018 | 1.5% | £870pcm |
| April 2017 | 4.1% | £858pcm |
| April 2016 | 6.4% | £824pcm |
| April 2015 | 4.6% | £775pcm |
| April 2014 | 3.3% | £740pcm |
| April 2013 | 0.6% | £717pcm |
| April 2012 | 2.3% | £713pcm |
| April 2011 | 1% | £697pcm |
| April 2010 | 0.7% | £690pcm |
| April 2009 | -2.9% | £686pcm |
| April 2008 | 1.7% | £706pcm |
| April 2007 | 0% | £694pcm |
Explore Propertiesin M40 8LY, Churnet Street, Manchester, M40
Sales Historyin M40 8LY
The last sale was on 9th September 2024 for £167,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
M40 8LY has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodesto M40 8LY
M40 8LY is the 231st largest and the 1416th most expensive postcode out of the 1,810 postcodes in the M40 area.
- 28 mM40 8UA, Anslow Close, Manchester, M40M40 8UA3 Addresses
- 65 mM40 8UT, Johnny King Close, Manchester, M40M40 8UT4 Addresses
- 91 mM40 8JU, Biddisham Walk, Manchester, M40M40 8JU19 Addresses
- 98 mM40 8JS, Thornton Street North, Manchester, M40M40 8JS31 Addresses
- 107 mM40 8JX, Biddisham Walk, Manchester, M40M40 8JX12 Addresses
- 136 mM40 8LA, Ailsa Close, Manchester, M40M40 8LA6 Addresses
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Property Typesin M40 8LY
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- modern house (2)
- mid-century house (1)
- Unknown (1)
Energy Efficiencyof properties in M40 8LY
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Saleson Churnet Street
Schools Nearbyto M40 8LY
The nearest primary school to M40 8LY is Saviour CofE Primary School which is 282 metres away.
- 282mSaviour CofE Primary School
- 364mSt Malachy's RC Primary School
- 476mSt Augustine's CofE Primary School
The nearest secondary school is Manchester Communication Academy which is 436 metres away.
- 436mManchester Communication Academy
- 812mEden Girls' Leadership Academy, Manchester
- 884mEden Boys' Leadership Academy, Manchester
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Public Transport Nearbyto M40 8LY
The closest station to M40 8LY is Manchester Victoria station which is 2.0 kilometres away.
- 2.0kmManchester Victoria
- 2.5kmManchester Piccadilly
- 3.0kmArdwick
- 3.0kmSalford Central
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