Analysis of recent property sales -- official HM Land Registry data
The average house price in M38 (M38 0AA) is £175,099, based on 55 transactions recorded by HM Land Registry. The median price is £180,000, giving a price range from £85,000 to £300,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-13 | £256,000 | D | — |
| 2025-12-15 | £229,000 | S | 62.0 m² |
| 2025-12-12 | £200,000 | S | — |
| 2025-12-10 | £165,000 | S | — |
| 2025-12-09 | £190,000 | T | — |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: M38
Activity in M38 over the last twelve months ran to 55 residential sales, giving a workable sample size for median-level analysis. Individual sales ranged from £85k to £300k, which is a normal spread for a postcode of this size.
Semi-detached houses were the most common transaction type, representing 49% of sales, while terraced houses accounted for 44%.
The twelve-month trend is upward: comparing the first half of the window with the second, the median shifted by roughly +3.4%. Monthly transaction counts were uneven, which means any single month's median can move sharply on a handful of sales — the twelve-month view is the more reliable benchmark.
The M38 0AA dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 6.0%, based on ONS regional rents.