House prices in the city centre are also down by 20 per cent
(Image: Manchester Evening News)
Firswood and Whalley Range saw the third biggest jump in house prices in the country in 2025, according to new figures.
Average house prices in the M16 postcode, which covers much of Whalley Range, Firswood and Old Trafford, shot up by over £61,000 last year, with the typical home in the postcode area selling for over £333,000 in 2025.
That figure represents a 23% increase on the average price in 2024, and is the third highest year-on-year increase of any postcode area in the country.
Firswood neighbours Chorlton, a popular and pricey postcode where prices have increased less sharply – but are now the most expensive in the borough of Manchester.
The Barbakan delicatessen in Chorlton. (Image: ABNM Photography)
The typical home in M21 now costs nearly £424,000, which may suggest why Firswood is seeing an increase as people spill over into neighbouring areas.
But after M16, it’s the OL1 postcode has seen the next largest percentage increases Greater Manchester.
This postcode, which covers Derker, Higginshaw, parts of the town entre and Chadderton Fold, has seen prices rise by 18% in the last year to an average of £203,000.
The M6 postcode area, which covers Claremont, Irlams O’ Th’ Height, Charlestown, and Whitlane, saw the third highest increase, with average prices rising by 15%.
Derker, Oldham.(Image: Kenny Brown | Manchester Evening News)
M9 is next – Harpurhey and Blackley – with rises of 10%, followed jointly by M35 and M12 at 9% each.
But these increases don’t in fact the full picture of housing in Greater Manchester.
The M1 postcode, covering a portion of the city centre, has in fact seen the largest drops in average house prices.
Manchester city centre in 2023. (Image: Getty Images)
The typical home in the city centre postcode area was £253,000 in 2025. That’s 20% less than in 2024.
In M15 – which covers Hulme and some of the city’s southern tower blocks – prices fell by 15% to £267,000.
But the postcode with the biggest drop in house prices fell in one of London’s most exclusive and sought-after neighourhoods.
House prices in SW1 X, which covers Belgravia, Knightsbridge and Chelsea, fell by 51% in the last year, down to an average of £2.7 million from £5.5 million in 2024.