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House Prices in M12

The average house price in M12 (Manchester) is £181,250 using HM Land Registry data.

The average property price increased by £41,719 (29.28%) over the last 5 years and increased by £8,340 (4.32%) over the last 12 months.

Over the last year, there were 53 residential property sales – a decrease of 29 transactions (-54.72%) relative to the previous year. The majority of house sales (13) were in the £144,000 - £178,000 range. Then came properties in the £178,000 - £212,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 25 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,000 (-2%).

In June 2024, there were 9 new estate agency instructions, 8 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in M12 (Manchester)

29.28%

Property prices in Manchester increased by 29.28% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in M12 (Manchester) Over the Last Year

4.32%

Property prices in Manchester increased by 4.32% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for M12 (Manchester) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in M12 (Manchester)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in M12 (Manchester)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in M12 (Manchester)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the M12 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M12 postcode area since 1995.

Recent Sales in M12 (Manchester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
77 Northmoor Road, Manchester, Greater Manchester, M12 4PE	£225,000	£207,000	-£18,000	11 Sep 2023	30 Apr 2024	232 Days
12 Sullivan Street, Manchester, Greater Manchester, M12 4WS	£150,000	£145,000	-£5,000	22 Nov 2023	11 Apr 2024	141 Days
35 Cochrane Avenue, Manchester, Greater Manchester, M12 4WD	£210,000	£210,000	£00	25 Aug 2023	02 Apr 2024	221 Days
13 Norman Grove, Manchester, Greater Manchester, M12 5GJ	£230,000	£220,000	-£10,000	06 Sep 2023	26 Jan 2024	142 Days
31 Sarnesfield Close, Manchester, Greater Manchester, M12 4PZ	£220,000	£210,000	-£10,000	05 Jul 2023	15 Dec 2023	163 Days
10 Newdale Road, Manchester, Greater Manchester, M12 4GG	£175,000	£175,000	£00	18 Apr 2023	26 Sep 2023	161 Days
17 Runhall Close, Manchester, Greater Manchester, M12 5PY	£235,000	£225,000	-£10,000	15 Feb 2023	25 Aug 2023	191 Days
22 Belle Vue Street, Manchester, Greater Manchester, M12 5JG	£200,000	£200,000	£00	18 Apr 2023	21 Aug 2023	125 Days
7 Thoralby Close, Manchester, Greater Manchester, M12 4NW	£275,000	£240,000	-£35,000	13 Apr 2023	15 Aug 2023	124 Days
9 Hoskins Close, Manchester, Greater Manchester, M12 4JX	£110,000	£101,000	-£9,000	05 May 2023	14 Aug 2023	101 Days
298 Viaduct Street, Manchester, Greater Manchester, M12 6NE	£220,000	£210,000	-£10,000	02 Feb 2023	04 Jul 2023	152 Days
15 Ellen Wilkinson Crescent, Manchester, Greater Manchester, M12 4JU	£200,000	£198,000	-£2,000	17 Jan 2023	30 Jun 2023	164 Days
18 Farrant Road, Manchester, Greater Manchester, M12 4PD	£230,000	£225,000	-£5,000	17 Nov 2022	24 May 2023	188 Days
2 Westbrook Square, Manchester, Greater Manchester, M12 5PU	£110,000	£110,000	£00	13 Jul 2016	04 May 2023	2486 Days
7 Tarrington Close, Manchester, Greater Manchester, M12 4TB	£270,000	£260,000	-£10,000	06 Sep 2022	14 Apr 2023	220 Days
23 Calbourne Crescent, Manchester, Greater Manchester, M12 5GX	£240,000	£230,000	-£10,000	11 Dec 2022	14 Apr 2023	124 Days
1 Peel Grove, Manchester, Greater Manchester, M12 4WE	£350,000	£350,000	£00	23 Aug 2022	15 Mar 2023	204 Days
10 Spring Street, Manchester, Greater Manchester, M12 5SP	£165,000	£160,000	-£5,000	22 Nov 2022	15 Mar 2023	113 Days
30 Gatling Avenue, Manchester, Greater Manchester, M12 5SX	£250,000	£240,000	-£10,000	07 Sep 2021	10 Mar 2023	549 Days
11 Maida Street, Manchester, Greater Manchester, M12 4QQ	£170,000	£170,000	£00	09 Sep 2022	28 Feb 2023	172 Days

Most Expensive Streets in M12 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M12 6AL	Stockport Road	Manchester	£287,662	6
M12 5NN	Aviary Road	Manchester	£274,995	3
M12 5UA	Lawnswood Road	Manchester	£255,423	7
M12 5RU	Northmoor Road	Manchester	£252,571	7
M12 5UB	Lawnswood Road	Manchester	£235,198	5
M12 5QY	East Road, Longsight	Manchester	£232,000	4
M12 5UD	Lilford Close	Manchester	£229,966	3
M12 5UG	Morton Hall Road	Manchester	£227,833	3
M12 5RS	Northmoor Road	Manchester	£215,000	3
M12 4PZ	Sarnesfield Close	Manchester	£215,000	5

Least Expensive Streets in M12 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M12 5RY	Totland Close	Manchester	£94,331	3
M12 5TA	Hemmons Road	Manchester	£101,875	4
M12 4QG	Hemmons Road	Manchester	£102,614	7
M12 4JU	Ellen Wilkinson Crescent	Manchester	£106,388	9
M12 5PS	Hyde Road	Manchester	£109,250	8
M12 4PH	Melling Street	Manchester	£113,000	4
M12 4GW	Damien Street	Manchester	£115,000	3
M12 5SZ	Bickerdike Avenue	Manchester	£115,250	4
M12 5TF	Methuen Street	Manchester	£116,500	3
M12 5WF	Gorton Lane	Manchester	£116,700	5