You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in M15

House Prices in M15

The average house price in M15 (Manchester) is £280,264 using HM Land Registry data.

The average property price increased by £64,653 (118.38%) over the last 5 years and increased by £12,954 (11.01%) over the last 12 months.

Over the last year, there were 186 residential property sales – a decrease of 22 transactions (-11.83%) relative to the previous year. The majority of house sales (56) were in the £150,000 - £204,000 range. Then came properties in the £204,000 - £258,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 196 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,539 (-3%).

In Dec 24, there were 40 new estate agency instructions, 22 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in M15 (Manchester)

118.38%

Property prices in Manchester increased by 118.38% 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 M15 (Manchester) Over the Last Year

11.01%

Property prices in Manchester increased by 11.01% 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 M15 (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 M15 (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 M15 (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 M15 (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 M15 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M15 postcode area since 1995.

Recent Sales in M15 (Manchester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
159 Chorlton Road, Manchester, Greater Manchester, M15 4JG	£135,000	£135,000	£00	15 Nov 2023	15 May 2024	182 Days
Apartment 412, Middle Warehouse, Castle Quay, Manchester, Greater Manchester, M15 4NT	£210,000	£200,500	-£9,500	11 Jul 2023	07 Dec 2023	149 Days
12b, Blanchard Street, Manchester, Greater Manchester, M15 5PN	£135,000	£135,000	£00	24 May 2023	01 Dec 2023	191 Days
347f, Stretford Road, Manchester, Greater Manchester, M15 4AY	£190,000	£180,000	-£10,000	13 Jul 2023	27 Nov 2023	137 Days
24 Chichester Road South, Hulme, Manchester, Greater Manchester, M15 5QQ	£155,000	£149,000	-£6,000	30 Mar 2023	24 Nov 2023	239 Days
12 Royce Road, Hulme, Manchester, Greater Manchester, M15 5LY	£240,000	£240,000	£00	20 Apr 2023	13 Oct 2023	176 Days
26 Chichester Road South, Hulme, Manchester, Greater Manchester, M15 5QQ	£150,000	£142,500	-£7,500	17 Feb 2023	06 Oct 2023	231 Days
5 Mytton Street, Manchester, Greater Manchester, M15 5AZ	£125,000	£125,000	£00	18 Apr 2023	20 Sep 2023	155 Days
17 Blanchard Street, Manchester, Greater Manchester, M15 5PX	£210,000	£195,000	-£15,000	27 Feb 2023	04 Aug 2023	158 Days
23 Blanchard Street, Manchester, Greater Manchester, M15 5PX	£200,000	£192,950	-£7,050	26 Dec 2022	05 Jun 2023	161 Days
17 Old York Street, Hulme, Manchester, Greater Manchester, M15 5TE	£220,000	£220,000	£00	30 Sep 2022	21 Apr 2023	203 Days
35 Warde Street, Hulme, Manchester, Greater Manchester, M15 5TG	£210,000	£205,000	-£5,000	29 Nov 2022	21 Apr 2023	143 Days
33 St Mary's Street, Hulme, Manchester, Greater Manchester, M15 5WB	£149,950	£148,000	-£1,950	31 Aug 2022	27 Mar 2023	208 Days
16 Loxford Street, Manchester, Greater Manchester, M15 6GH	£275,000	£270,000	-£5,000	08 Oct 2022	24 Mar 2023	167 Days
18 Southcombe Walk, Manchester, Greater Manchester, M15 5NX	£285,000	£283,000	-£2,000	01 Apr 2022	17 Mar 2023	350 Days
8 Southcombe Walk, Manchester, Greater Manchester, M15 5NX	£265,000	£256,500	-£8,500	11 Nov 2022	17 Mar 2023	126 Days
Flat 112, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester, M15 4JZ	£345,000	£337,500	-£7,500	25 Oct 2021	18 Jan 2023	450 Days
Suite 509, Middle Warehouse, Castle Quay, Manchester, Greater Manchester, M15 4NT	£500,000	£430,000	-£70,000	19 Feb 2020	12 Jan 2023	1058 Days
44 Jackson Crescent, Manchester, Greater Manchester, M15 5AA	£170,000	£170,000	£00	10 Aug 2022	19 Dec 2022	131 Days
11 Humberstone Avenue, Manchester, Greater Manchester, M15 5EE	£225,000	£225,000	£00	02 Aug 2022	13 Dec 2022	133 Days

Most Expensive Streets in M15 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M15 4TX	Owen Street	Manchester	£1,141,543	12
M15 4UG	Owen Street	Manchester	£545,788	36
M15 4SA	Chester Road	Manchester	£479,964	49
M15 4SD	Chester Road	Manchester	£454,408	45
M15 4TW	Owen Street	Manchester	£442,552	50
M15 4ZE	Silvercroft Street	Manchester	£435,457	69
M15 4RS	Bentinck Street	Manchester	£407,862	4
M15 4ZB	Silvercroft Street	Manchester	£392,000	9
M15 4UF	Owen Street	Manchester	£390,571	62
M15 4TU	Owen Street	Manchester	£384,443	37

Least Expensive Streets in M15 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M15 5JQ	Royce Road, Hulme	Manchester	£116,333	3
M15 4DY	St Lawrence Street	Manchester	£121,375	4
M15 6AR	Higher Cambridge Street	Manchester	£128,194	9
M15 4AU	Chorlton Road	Manchester	£138,833	3
M15 5JP	Hulme High Street	Manchester	£139,318	8
M15 5PR	Heron Street	Manchester	£139,600	5
M15 5AX	Greenheys Lane West	Manchester	£142,300	5
M15 5AZ	Mytton Street	Manchester	£144,333	3
M15 4AW	Stretford Road	Manchester	£145,000	5
M15 4AY	Stretford Road	Manchester	£146,370	12