LHA by area › Southern Greater Manchester
LHA rates in Southern Greater Manchester
The Valuation Office Agency's Local Housing Allowance for the Southern Greater Manchester Broad Rental Market Area, April 2026 to March 2027, and what those rates return against what houses actually sold for in each postcode district.
3-bed LHA: £898 a month. 4-bed: £1,396. Room in a shared house: £410.
Best 3-bed LHA yield in the area: 5.5% in M31, where a terraced house sold for a median £196,000 in the last 12 months.
Rates
| Bedrooms | Per week | Per month |
|---|---|---|
| shared accommodation (room) | £95 | £410 |
| 1 bedroom | £144 | £623 |
| 2 bedrooms | £173 | £748 |
| 3 bedrooms | £207 | £898 |
| 4 bedrooms | £322 | £1,396 |
3-bed LHA yield by postcode district
3-bedroom LHA for the year against the median terraced sale price in the district, last 12 months, districts with at least 10 sales. Sold data as of September 2026.
| District | Median terraced sale | Gross LHA yield |
|---|---|---|
| M31 Trafford | £196,000 (25 sales) | 5.5% |
| SK5 Stockport | £207,000 (117 sales) | 5.2% |
| SK1 Stockport | £208,000 (62 sales) | 5.2% |
| SK23 Cheshire East | £222,000 (74 sales) | 4.9% |
| SK3 Stockport | £230,000 (140 sales) | 4.7% |
| SK22 Cheshire East | £240,000 (60 sales) | 4.5% |
| SK2 Stockport | £240,500 (91 sales) | 4.5% |
| M22 Cheshire East | £253,750 (88 sales) | 4.2% |
| M23 Manchester | £255,500 (69 sales) | 4.2% |
| SK6 Cheshire East | £260,000 (145 sales) | 4.1% |
| SK7 Cheshire East | £271,000 (72 sales) | 4.0% |
| SK8 Cheshire East | £300,000 (103 sales) | 3.6% |
| SK4 Manchester | £305,000 (101 sales) | 3.5% |
| M33 Manchester | £341,500 (142 sales) | 3.2% |
| WA14 Cheshire East | £412,000 (113 sales) | 2.6% |
| WA15 Cheshire East | £442,500 (98 sales) | 2.4% |
4-bed LHA yield against a semi
| District | Median semi sale | Gross LHA yield |
|---|---|---|
| SK5 Stockport | £250,000 (129 sales) | 6.7% |
| SK1 Stockport | £260,000 (41 sales) | 6.4% |
| M31 Trafford | £270,000 (29 sales) | 6.2% |
| SK23 Cheshire East | £273,000 (88 sales) | 6.1% |
| M22 Cheshire East | £275,000 (111 sales) | 6.1% |
| SK22 Cheshire East | £285,000 (39 sales) | 5.9% |
| M23 Manchester | £285,000 (83 sales) | 5.9% |
| SK3 Stockport | £293,057 (114 sales) | 5.7% |
| SK2 Stockport | £295,750 (174 sales) | 5.7% |
| SK6 Cheshire East | £317,500 (241 sales) | 5.3% |
| SK7 Cheshire East | £355,000 (194 sales) | 4.7% |
| SK8 Cheshire East | £382,661 (283 sales) | 4.4% |
| SK4 Manchester | £400,000 (138 sales) | 4.2% |
| M33 Manchester | £450,000 (254 sales) | 3.7% |
| WA15 Cheshire East | £490,000 (181 sales) | 3.4% |
| WA14 Cheshire East | £495,000 (95 sales) | 3.4% |
What the yield figure is
Local Housing Allowance is the most housing benefit will pay towards rent in an area, set by the Valuation Office Agency for each Broad Rental Market Area and bedroom count. It is a floor for rent, not a forecast: a tenant on benefits can pay it, and market rents usually sit above it. The yield here is the 3-bedroom LHA rate for the year, divided by the median price paid for a terraced house in the district over the last 12 months (HM Land Registry). Gross, before costs, before voids, before finance. It is a screening number for comparing areas, not an appraisal of any house.
April 2026 to March 2027 (the same figures as April 2024, per the 2026 Modification Order).
Sources: VOA Local Housing Allowance rates, VOA BRMA boundaries, HM Land Registry Price Paid Data. Districts are assigned to an area by their centre point; a district straddling two areas is shown in one.