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Before you offer on a home at M40 2SW: the checks to raise with your surveyor and conveyancer, whether an asking price stands up against what sold nearby, how prices here have moved since 1995, what it costs to run a home, and a buyer's report for every home on the postcode.
1 thing to raise before an offer, and a street where the typical sale was £160k. In Newton Heath.
Multiply a home's floor area (on its energy certificate) by £2,103 for a neighbourhood benchmark: 90 m² comes to about £189k. Check an asking price.
+105% over ten years (2015 to 2025).
| Type | Sales | Typical | Range |
|---|---|---|---|
| Detached | 6 | £375k | £145k – £675k |
| Semi-detached | 35 | £205k | £150k – £325k |
| Terraced | 63 | £180k | £54k – £425k |
| Flat | 10 | £110k | £61k – £140k |
A home's own band, energy rating and typical bills are in its buyer's report.
| Home | Last sold | Floor area | |
|---|---|---|---|
| 1, Makkah CloseDetached | £180,000, Jan 2023 | 132 m² | Buyer's report → |
| 2, Makkah CloseTerraced | £97,000, Aug 2004 | – | Buyer's report → |
| 3, Makkah CloseDetached | £160,000, Oct 2024 | 108 m² | Buyer's report → |
| 4, Makkah CloseTerraced | £105,000, Sept 2004 | 99 m² | Buyer's report → |
| 6, Makkah CloseTerraced | £63,000, Oct 2008 | – | Buyer's report → |
| 8, Makkah CloseTerraced | £68,000, Jan 2010 | 98 m² | Buyer's report → |
| 10, Makkah CloseTerraced | £85,000, Feb 2016 | 80 m² | Buyer's report → |
| 12, Makkah CloseTerraced | £85,000, Feb 2016 | 83 m² | Buyer's report → |
| 14, Makkah CloseTerraced | £180,000, May 2022 | 84 m² | Buyer's report → |
| 16, Makkah CloseTerraced |
More for buying: Where can I afford? · How much to offer · Buying checklist · Check your documents
| £68,000, Jun 2012 |
| 80 m² |
| Buyer's report → |
| Size | Typical value today | Cheaper quarter | Estimated rent | Gross yield |
|---|---|---|---|---|
| 1 bed | £106k | £84k | £840 a month | 9.5% |
| 2 beds | £179k | £143k | £1,150 a month | 7.7% |
| 3 beds | £206k | £170k | £1,270 a month | 7.4% |
| 4+ beds | £278k | £216k | £1,680 a month | 7.3% |
| All homes | £195k | £159k | £1,230 a month | 7.6% |
Values: sales since 2021 of homes with an energy certificate (bedrooms estimated from its rooms), carried to today on the local price index; the cheaper quarter is what a quarter of them go for under. Rents are estimates: the council's typical private rent (ONS) adjusted for how values here compare. Gross yield = a year's rent ÷ value, before costs. Compare it with other places