# M16 8PH Area Summary
## Property Market Overview
The M16 8PH postcode falls within the Firswood area of Trafford, positioned between Old Trafford and Chorlton. With 132 properties recorded at an average price of £17,503, these figures strongly suggest this data represents leasehold flats or shared ownership schemes rather than freehold properties. This remarkably low average price point is not reflective of traditional open market values in this established Manchester suburb, which typically sees standard residential properties valued significantly higher.
The area benefits from good transport links to Manchester city centre, proximity to Old Trafford football ground, and the nearby amenities of Chorlton's vibrant dining and shopping scene. The unusually low price data may indicate student accommodation, part-buy arrangements, or a specific subset of the housing stock such as retirement flats with service charges. Potential buyers or investors should conduct thorough due diligence to understand the exact nature of these properties, including any leasehold terms, ground rents, or restrictions that would account for the substantial deviation from typical market values in this part of South Manchester.
The average house price in M16 8PH, Manchester is £17,503. Prices range from £1,750 to £700,000.
There are 132 properties in M16 8PH, Manchester.
M16 8PH contains 118 other properties, 14 flat / maisonette properties.
Average house prices in M16 8PH have fallen by 11.3% from £20,000 in 2011 to £17,740 in 2024.
M16 8PH is located in Manchester, Greater Manchester, England.