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House Prices in M12 House Prices in M12 (Manchester)

The average house price in M12 (Manchester) is £179,950 using HM Land Registry data.

The average property price increased by £36,529 (29.28%) over the last 5 years and increased by £7,319 (4.32%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 17 transactions (-30.36%) relative to the previous year. The majority of house sales (16) were in the £140,000 - £170,000 range. Then came properties in the £200,000 - £230,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,356 (-3%).

In Dec 24, there were 5 new estate agency instructions, 3 agreed home sales and 9 property price reductions.

Nearby Postcodes: BL5, BL9, M1, M11, M13, M14, M15, M16, M17, M18, M19, M2, M20, M21, M24, M25, M26, M27, M29, M3, M30, M31, M32, M33, M34, M35, M4, M40, M41, M43, M44, M45, M46, M5, M50, M60, M61, M8, M9, M99, OL7, OL9, SK4, SK5, WA3, WN7

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.

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).

Property Market Heat Gauge for M12 (Manchester) - Dec 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
51 Hemmons Road, Manchester, Greater Manchester, M12 5TW£175,000£110,000-£65,00005 Feb 201924 Sep 20242058 Days
2 Ramage Walk, Manchester, Greater Manchester, M12 6PJ£240,000£240,000£0024 Apr 202423 Sep 2024152 Days
5 Grainger Avenue, Manchester, Greater Manchester, M12 4WT£210,000£210,000£0006 Feb 202430 Aug 2024206 Days
25 Damien Street, Manchester, Greater Manchester, M12 4GW£150,000£144,000-£6,00012 Mar 202402 Jul 2024112 Days
22 Abbotsbury Close, Manchester, Greater Manchester, M12 5EQ£215,000£210,000-£5,00021 Feb 202431 May 2024100 Days
28 Macfarren Street, Manchester, Greater Manchester, M12 4WX£155,000£149,950-£5,05024 Oct 202310 May 2024199 Days
26 Abbotsbury Close, Manchester, Greater Manchester, M12 5EQ£240,000£235,000-£5,00016 Feb 202409 May 202483 Days
77 Northmoor Road, Manchester, Greater Manchester, M12 4PE£225,000£207,000-£18,00011 Sep 202330 Apr 2024232 Days
42 Longden Road, Manchester, Greater Manchester, M12 5SG£150,000£145,000-£5,00013 Feb 202416 Apr 202463 Days
12 Sullivan Street, Manchester, Greater Manchester, M12 4WS£150,000£145,000-£5,00022 Nov 202311 Apr 2024141 Days
35 Cochrane Avenue, Manchester, Greater Manchester, M12 4WD£210,000£210,000£0025 Aug 202302 Apr 2024221 Days
31 Melling Street, Manchester, Greater Manchester, M12 4PH£200,000£200,000£0028 Sep 202305 Mar 2024159 Days
2 Giles Street, Manchester, Greater Manchester, M12 5GE£155,000£150,000-£5,00017 Jun 202323 Feb 2024251 Days
24 Maida Street, Manchester, Greater Manchester, M12 4QQ£150,000£147,500-£2,50021 Dec 202305 Feb 202446 Days
13 Norman Grove, Manchester, Greater Manchester, M12 5GJ£230,000£220,000-£10,00006 Sep 202326 Jan 2024142 Days
1 Neenton Square, Manchester, Greater Manchester, M12 5PT£200,000£200,000£0001 Nov 202312 Jan 202472 Days
31 Sarnesfield Close, Manchester, Greater Manchester, M12 4PZ£220,000£210,000-£10,00005 Jul 202315 Dec 2023163 Days
13 Patey Street, Manchester, Greater Manchester, M12 5RP£160,000£140,000-£20,00028 Jul 202320 Oct 202384 Days
10 Newdale Road, Manchester, Greater Manchester, M12 4GG£175,000£175,000£0018 Apr 202326 Sep 2023161 Days
17 Runhall Close, Manchester, Greater Manchester, M12 5PY£235,000£225,000-£10,00015 Feb 202325 Aug 2023191 Days

Most Expensive Streets in M12 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M12 6ALStockport RoadManchester£287,6626
M12 5NNAviary RoadManchester£274,9953
M12 5RUNorthmoor RoadManchester£248,0006
M12 5QYEast Road, LongsightManchester£239,0003
M12 5UDLilford CloseManchester£229,9663
M12 5FYClowes StreetManchester£229,0005
M12 5TPRingwood AvenueManchester£228,6405
M12 5UGMorton Hall RoadManchester£227,8333
M12 5GXCalbourne CrescentManchester£225,8336
M12 5GSBeastow RoadManchester£221,6663

Least Expensive Streets in M12 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M12 4QGHemmons RoadManchester£100,3254
M12 4JUEllen Wilkinson CrescentManchester£101,72510
M12 5WFGorton LaneManchester£110,1254
M12 5PSHyde RoadManchester£113,9378
M12 5TAHemmons RoadManchester£119,1663
M12 6ERArdwick Green NorthManchester£119,7504
M12 5SZBickerdike AvenueManchester£120,3333
M12 5TEGrasmere StreetManchester£122,6005
M12 5GEGiles StreetManchester£123,7504
M12 5SGLongden RoadManchester£128,8005

Explore M12 (Manchester) using map

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