Cheetham Hill Road - M8 8LY
Key Postcode Insights
M8 8LY is a residential postcode situated on Cheetham Hill Road, Manchester, M8 with 9 addresses.
It ranks as the 459th largest and 771st most expensive of the 1,486 postcodes in the M8 area.
The postcode contains a total of 9 properties: 7 houses and 2 flats.
- Ave. Sale Price
- £226,912
- 10 Year change
- up 41.7%
- Ave. Rental Price
- £1,388pcm
- 10 Year change
- up 59.7%
- Ave. £ per ft²
- £229/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
M8 8LY is a residential postcode situated on Cheetham Hill Road, Manchester, M8 with 9 addresses.
It ranks as the 459th largest and 771st most expensive of the 1,486 postcodes in the M8 area.
The postcode contains a total of 9 properties: 7 houses and 2 flats.
- Ave. Sale Price
- £226,912
- 10 Year change
- up 41.7%
- Ave. Rental Price
- £1,388pcm
- 10 Year change
- up 59.7%
- Ave. £ per ft²
- £229/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Propertiesin M8 8LY
- 137-139 Cheetham Hill Road
Building | 3 Flats
Sales Market Trends
The last sale in M8 8LY sold for £499,000 on 18th July 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £226,912.
The M8 8LY Sales Market has increased by 41.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £226,912 |
| June 2025 | -1% | £232,999 |
| June 2024 | 1.2% | £235,443 |
| June 2023 | 2.4% | £232,628 |
| June 2022 | 7.4% | £227,076 |
| June 2021 | 5.9% | £211,446 |
| June 2020 | 1.6% | £199,746 |
| June 2019 | 3.4% | £196,675 |
| June 2018 | 6.5% | £190,297 |
| June 2017 | 11.6% | £178,616 |
| June 2016 | 9% | £160,086 |
| June 2015 | 3.4% | £146,908 |
| June 2014 | 5.3% | £142,089 |
| June 2013 | 0.1% | £134,903 |
| June 2012 | -1.1% | £134,833 |
| June 2011 | -0.6% | £136,342 |
| June 2010 | -3.4% | £137,113 |
| June 2009 | -12.5% | £142,010 |
| June 2008 | -4.9% | £162,254 |
| June 2007 | 0% | £170,534 |
Rental Market Trends
The current average rental value in the postcode is £1,388.
The M8 8LY Rental Market has increased by 59.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,388pcm |
| June 2025 | 2.2% | £1,338pcm |
| June 2024 | 7.8% | £1,310pcm |
| June 2023 | 12.5% | £1,215pcm |
| June 2022 | 14.6% | £1,081pcm |
| June 2021 | 1.5% | £943pcm |
| June 2020 | 0.6% | £930pcm |
| June 2019 | 2.9% | £924pcm |
| June 2018 | 0.1% | £898pcm |
| June 2017 | 3.1% | £896pcm |
| June 2016 | 6% | £869pcm |
| June 2015 | 4.1% | £820pcm |
| June 2014 | 3.4% | £788pcm |
| June 2013 | 0.9% | £762pcm |
| June 2012 | 1.4% | £755pcm |
| June 2011 | 3.1% | £745pcm |
| June 2010 | -0.2% | £722pcm |
| June 2009 | -6.8% | £724pcm |
| June 2008 | 1.2% | £777pcm |
| June 2007 | 0% | £768pcm |
Sales History
The last sale was on 18th July 2023 for £499,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
M8 8LY has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
M8 8LY is the 459th largest and the 771st most expensive postcode out of the 1,486 postcodes in the M8 area.
- M8 8NF, Bent Street, Manchester, M8M8 8NF7 Addresses|41 m away
- M8 8HN, Derby Street, Manchester, M8M8 8HN4 Addresses|55 m away
- M8 8LQ, Cheetham Hill Road, Manchester, M8M8 8LQ7 Addresses|69 m away
- M8 8PZ, Cheetham Hill Road, Manchester, M8M8 8PZ3 Addresses|129 m away
- M8 8QJ, Stocks Street, Manchester, M8M8 8QJ1 Addresses|139 m away
Property Types
- 9 other addresses of unknown type
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Apr 2021£1,300,000 | 1 Bed Flat1, Belgravia Flats 322, Cheetham Hill Road, Manchester, M8 0PL1, Belgravia Flats 322, Cheetham Hill Road, Manchester, M8 0PL
- Sold Feb 2022£1,000,000 | 3 Bed House169, Cheetham Hill Road, Manchester, M8 8LG169, Cheetham Hill Road, Manchester, M8 8LG
- Sold Oct 2019£920,000 | 3 Bed House171, Cheetham Hill Road, Manchester, M8 8LG171, Cheetham Hill Road, Manchester, M8 8LG
Schools Nearby
- St Chad's Roman Catholic Primary School, a Voluntary Academy600 m away
- Cheetwood Primary School700 m away
- Unity Community Primary900 m away
- Eden Boys' Leadership Academy, Manchester600 m away
- Eden Girls' Leadership Academy, Manchester700 m away
- Manchester Communication Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to M8 8LY is Manchester Victoria station, which is 900 metres away.
- Manchester Victoria|900 m away
- Salford Central|1.7 km away
- Manchester Piccadilly|2.1 km away
- Manchester Oxford Road|2.3 km away
