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Postcode Overview
of M8 5EQ
M8 5EQ is a residential postcode located on Magna Drive, Manchester, M8. It is the 1009th largest postcode in the M8 area.
It contains 19 houses and the most common type of property is a modern house built after 1980.
Average property prices
in M8 5EQ
The average house value is £277,661. Sales values have increased in the last 12 months by 4.5% and Rental values have increased by 2.5%.
Property sale values range from £277,661 for a leasehold house, with 3 bedrooms split across 969 square feet of gross internal area and has a garden to £286,610 for a leasehold house, with 3 bedrooms split across 990 square feet of gross internal area and has a garden.
Average £/ft2 for properties in M8 5EQ is £287/ft2.
Properties achieve a rental yield of between 4.9% and 5%, and rental values range from £1,147 to £1,175 per month.
Recent sales
within M8 5EQ
The last sale was 07 Feb 2024 for £300,000 and since then the market in the area has increased by 5.6%. The postcode has had a total of 4 sales since 1995.
M8 5EQ has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to M8 5EQ
M8 5EQ is the 1009th largest and the 1225th most expensive postcode out of the 1,522 postcodes in the M8 area.
Nearby postcodes
to M8 5EQ
M8 5EQ is the 1009th largest and the 1225th most expensive postcode out of the 1,522 postcodes in the M8 area.
Property types
in M8 5EQ
M8 5EQ is a residential postcode located on Magna Drive, Manchester, M8 with 19 houses within its bounds.
The most common property type in M8 5EQ is a modern house built after 1980.
Energy Efficiency
of properties within M8 5EQ
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
Schools nearby
to M8 5EQ
Public transport nearby
to M8 5EQ
The closest station to M8 5EQ is Manchester Victoria station which is 3.2 kilometres away.
