At a Glance
Average Property Price - M1
£260,119
31
National percentile
Average Monthly Rent - M
£1,211
64
National percentile
Average Net Household Income - M1
£39,803
57
National percentile
Flat / Maisonette Yield - M
5.8%
64
National percentile
10-Year Annualised Price Growth - M1
4.0%
65
National percentile
10-Year Annualised Rent Growth - M
5.5%
98
National percentile
Property Price & Volume Trends
The M1 postcode district is priced below the national average at £260,119. Over the past decade, prices have grown at 4.0% per year, slightly above the rate seen across most of the country. Transaction volume has fallen sharply: only 156 sales were recorded in the latest full year, compared to an average of 339 per year over the previous decade.
Rent & Yield Trends
Average monthly rent across the wider M postcode area stands at £1,211, well above the national median. Rental growth has been particularly strong, rising at 5.5% per year over ten years—among the fastest-growing regions nationally. The flat yield has improved markedly, reaching 5.8% in the latest year compared to a 10-year average of 4.7%, reflecting stronger rental returns.
Income & Affordability Trends
Average net household income of £39,803 sits slightly above the national median. Affordability under pressure: the price-to-income ratio has deteriorated from 6.0x in 2016 to 7.1x today, making purchase increasingly stretched. Rental affordability has also worsened, with rent-to-income ratio rising from 31.2% to 36.3% over the same period.
Resident Demographic Profile
The age profile is strikingly young: over three-quarters of residents are aged 16–34, with 39% in the 16–24 age group alone—far above the national average of 11.0%. Conversely, only 3.6% are aged 65 and over. Housing tenure is dominated by private rental accommodation at 66.9%, compared to 21.7% nationally, reflecting the area's concentration of student and transient professional populations. The workforce is skewed heavily towards professionals (38.8%) and technical workers (22.6%), well above national levels, while trades and plant/machine roles are rare.