M23 2TE is a residential postcode located on Foxfield Road, Manchester, M23. It is the 517th largest postcode in the M23 area.
It contains 21 residential addresses consisting of 18 houses and 3 flats and the most common type of property is a modern house built after 1980.
The average house value is £216,401. Sales values have increased in the last 12 months by 4.9% and Rental values have increased by 3.3%.
Property sale values range from £130,562 for a leasehold flat, with 3 bedrooms split across 775 square feet of gross internal area and has no outside space to £256,051 for a freehold house, with 4 bedrooms split across 1,227 square feet of gross internal area and has a garden.
Average £/ft2 for properties in M23 2TE is £226/ft2.
Properties achieve a rental yield of between 6% and 6.5%, and rental values range from £704 to £1,273 per month.
The last sale was 19 Jan 2024 for £192,000 and since then the market in the area has increased by 3.9%. The postcode has had a total of 4 sales since 1995.
M23 2TE has seen 2 sales in the last three years and 1 sale in the last twelve months.
M23 2TE is the 517th largest and the 267th most expensive postcode out of the 781 postcodes in the M23 area.
M23 2TE is the 517th largest and the 267th most expensive postcode out of the 781 postcodes in the M23 area.
M23 2TE is a residential postcode located on Foxfield Road, Manchester, M23 with 18 houses and 3 flats within its bounds.
The most common property type in M23 2TE is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to M23 2TE is Manchester Airport station which is 2.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around M23 2TE, 61.9% of property is socially rented and 16.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around M23 2TE, 33.3% of residents are recorded as possessing school level qualifications and 26.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around M23 2TE, the average age was 36.5 and the most common age was 32.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around M23 2TE, 1.1% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around M23 2TE, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.