Silchester Drive - M40 8NT
Key Postcode Insights
M40 8NT is a residential postcode situated on Silchester Drive, Manchester, M40 with 12 addresses.
It ranks as the 810th largest and 364th 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 12 properties: 11 houses and 1 flat.
- Ave. Sale Price
- £143,251
- 10 Year change
- up 47.4%
- Ave. Rental Price
- £996pcm
- 10 Year change
- up 60.4%
- Ave. £ per ft²
- £177/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Key Postcode Insights
M40 8NT is a residential postcode situated on Silchester Drive, Manchester, M40 with 12 addresses.
It ranks as the 810th largest and 364th 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 12 properties: 11 houses and 1 flat.
- Ave. Sale Price
- £143,251
- 10 Year change
- up 47.4%
- Ave. Rental Price
- £996pcm
- 10 Year change
- up 60.4%
- Ave. £ per ft²
- £177/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Explore Propertiesin M40 8NT
- 1 Silchester Drive
Unknown
- 2A Silchester Drive
3 Bed House
- 3 Silchester Drive
3 Bed Modern House
- 5 Silchester Drive
Unknown
- 7 Silchester Drive
3 Bed Modern House
Sales Market Trends
The last sale in M40 8NT sold for £130,000 on 11th March 2024. Since then prices are up an average of 2.0%.
The current average value in the postcode is £143,251.
The M40 8NT Sales Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £143,251 |
| June 2025 | 1.5% | £144,971 |
| June 2024 | -1.4% | £142,826 |
| June 2023 | 4.7% | £144,814 |
| June 2022 | 8.9% | £138,276 |
| June 2021 | 6.2% | £126,960 |
| June 2020 | 2.8% | £119,515 |
| June 2019 | 2.6% | £116,294 |
| June 2018 | 6.3% | £113,307 |
| June 2017 | 9.6% | £106,555 |
| June 2016 | 9.2% | £97,193 |
| June 2015 | 4.8% | £89,003 |
| June 2014 | 5.4% | £84,936 |
| June 2013 | -1.6% | £80,551 |
| June 2012 | -0.8% | £81,865 |
| June 2011 | -1.6% | £82,557 |
| June 2010 | -0.4% | £83,926 |
| June 2009 | -12.4% | £84,301 |
| June 2008 | -5.7% | £96,245 |
| June 2007 | 0% | £102,063 |
Rental Market Trends
The current average rental value in the postcode is £996.
The M40 8NT Rental Market has increased by 60.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £996pcm |
| June 2025 | 2.6% | £969pcm |
| June 2024 | 9% | £945pcm |
| June 2023 | 12.2% | £867pcm |
| June 2022 | 14.1% | £773pcm |
| June 2021 | 2.1% | £678pcm |
| June 2020 | 1.5% | £664pcm |
| June 2019 | 2% | £654pcm |
| June 2018 | 0.5% | £641pcm |
| June 2017 | 2.7% | £638pcm |
| June 2016 | 5.2% | £621pcm |
| June 2015 | 4.9% | £590pcm |
| June 2014 | 3.3% | £563pcm |
| June 2013 | 0.3% | £545pcm |
| June 2012 | 2.5% | £543pcm |
| June 2011 | 2.4% | £530pcm |
| June 2010 | 1.1% | £518pcm |
| June 2009 | -4.8% | £512pcm |
| June 2008 | 0.3% | £538pcm |
| June 2007 | 0% | £537pcm |
Sales History
The last sale was on 11th March 2024 for £130,000 and since then the market in the area has increased by 2.0%. The postcode has had a total of 28 sales since 1995.
M40 8NT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£130,000 | 3 Bed House9, Silchester Drive, Manchester, M40 8NT9, Silchester Drive, Manchester, M40 8NT
- Sold Oct 2021£160,000 | 3 Bed House27, Silchester Drive, Manchester, M40 8NT27, Silchester Drive, Manchester, M40 8NT
- Sold Oct 2021£100,000 | 3 Bed House7, Silchester Drive, Manchester, M40 8NT7, Silchester Drive, Manchester, M40 8NT
- Sold Oct 2017£103,000 | 2 Bed Flat21, Silchester Drive, Manchester, M40 8NT21, Silchester Drive, Manchester, M40 8NT
- Sold Feb 2017£104,000 | 3 Bed House3, Silchester Drive, Manchester, M40 8NT3, Silchester Drive, Manchester, M40 8NT
Nearby Postcodes
M40 8NT is the 810th largest and the 364th most expensive postcode out of the 1,810 postcodes in the M40 area.
- M40 8BG, Tadcaster Drive, Manchester, M40M40 8BG14 Addresses|33 m away
- M40 8BH, Essington Drive, Manchester, M40M40 8BH9 Addresses|59 m away
- M40 8NW, Porter Drive, Manchester, M40M40 8NW14 Addresses|63 m away
- M40 8NS, Lathbury Road, Manchester, M40M40 8NS16 Addresses|93 m away
- M40 8NN, Signal Drive, Manchester, M40M40 8NN26 Addresses|95 m away
Property Types
- 7 modern houses built after 1980
- 1 house of an unknown age
- 1 flat of an unknown age
- 3 other addresses of unknown type
- modern house (7)
- house (1)
- flat (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (0)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Oct 2021£160,000 | 3 Bed House27, Silchester Drive, Manchester, M40 8NT27, Silchester Drive, Manchester, M40 8NT
- Sold Mar 2025£140,000 | 2 Bed FlatFlat E, 29, Silchester Drive, Manchester, M40 8BNFlat E, 29, Silchester Drive, Manchester, M40 8BN
- Sold Mar 2024£130,000 | 3 Bed House9, Silchester Drive, Manchester, M40 8NT9, Silchester Drive, Manchester, M40 8NT
Schools Nearby
- Manchester Communication Primary Academy300 m away
- St Augustine's CofE Primary School300 m away
- St Edmund's RC Primary School, a Voluntary Academy400 m away
- Manchester Communication Academy100 m away
- Eden Girls' Leadership Academy, Manchester1.2 km away
- Eden Boys' Leadership Academy, Manchester1.3 km away
More reading links
Public Transport Nearby
The closest station to M40 8NT is Manchester Victoria station, which is 2.5 kilometres away.
- Manchester Victoria|2.5 km away
- Manchester Piccadilly|3.0 km away
- Ardwick|3.4 km away
- Salford Central|3.5 km away
