M24 covers Middleton and Failsworth in North Manchester, where property prices have increased at a compound annual rate of 5.1% over five years, whilst rental growth has outpaced capital appreciation at 7.4% annually over the same period. The district scores 60.5/100 on growth metrics, placing it in the 94th percentile nationally, indicating above-average market activity. Population growth remains modest at 1.2% over five years, reflecting the area's established character. The district is classified in an early gentrification stage, suggesting ongoing regeneration activity and shifting demographics. For investors and buyers, the rental yield premium over capital growth warrants consideration alongside broader Manchester market dynamics and local infrastructure developments.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices up 4.1% over 5 years (5yr CAGR)
- 2Rents growing at 7.4% per year
- 3Population growing at 1.2% per year
Nearby districts
What's changing in Manchester · June 2026
The trajectory score moved up 1.3 points this month to 62/100, driven mainly by safety.
6 planning applications submitted in M24 over the last six months, 1 change of use.
- Change of use of Former Public House (sui generis) to a Business Centre (Use Class E), erection of single storey side and rear extensions, and erection of a first-floor projecting bay window to the rear elevationMar 2026 · Awaiting decision
- Discharge of Condition 4 (Amended CEMP) and Condition 10 (Contamination) associated with application FUL/353689/24Mar 2026 · Awaiting decision
- Discharge of Biodiversity Gain Plan associated with application FUL/354235/25Mar 2026 · Awaiting decision
Manchester (M24) common questions
Is Manchester up and coming?
Praesago's gentrification model currently classifies Manchester (M24) as Early. Its trajectory score is 62/100 (Strong), in the top 4% of districts nationally. The score is down 2.8 points over the last 12 months.
Is Manchester safe?
Manchester has a safety score of 75/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Manchester?
The average property price in Manchester (M24) is £216k as of January 2026, based on UK House Price Index data. Prices have grown at 4.1% per year over the last five years.
What is the average rent in Manchester?
The median monthly rent in Manchester (M24) is £797 (2026), based on ONS private rental data.
Which areas are near Manchester?
Neighbouring postcode districts include Manchester (M19), Manchester (M11), Cheadle (SK8), Manchester (M21), Bacup (OL13). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.