House Prices in M16 House Prices in M16 (Manchester)

The average house price in M16 (Manchester) is £299,067 using HM Land Registry data.

The average property price increased by £78,605 (20.5%) over the last 5 years and increased by £15,750 (3.21%) over the last 12 months.

Over the last year, there were 206 residential property sales – a decrease of 68 transactions (-33.01%) relative to the previous year. The majority of house sales (62) were in the £130,000 - £200,000 range. Then came properties in the £270,000 - £340,000 range, where 38 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 £-8,999 (-2%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in M16 (Manchester)

20.5%

Property prices in Manchester increased by 20.5% 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 M16 (Manchester) Over the Last Year

3.21%

Property prices in Manchester increased by 3.21% 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 M16 (Manchester) - Oct 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 M16 (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 M16 (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 M16 (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 M16 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M16 postcode area since 1995.

Recent Sales in M16 (Manchester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Lindow Road, Manchester, Greater Manchester, M16 0DP£600,000£561,000-£39,00025 Mar 202419 Aug 2024147 Days
23 Holden Avenue, Manchester, Greater Manchester, M16 8TA£425,000£425,000£0007 Nov 202331 Jul 2024267 Days
61 Northumberland Road, Manchester, Greater Manchester, M16 9PP£380,000£350,000-£30,00019 Jul 202307 Jun 2024324 Days
4 Blenheim Avenue, Manchester, Greater Manchester, M16 8JT£280,000£272,000-£8,00009 Nov 202331 May 2024204 Days
49 Holden Avenue, Manchester, Greater Manchester, M16 8TA£190,000£175,000-£15,00015 Oct 202215 May 2024578 Days
14 Henrietta Street, Manchester, Greater Manchester, M16 9PT£285,000£273,000-£12,00027 Nov 202310 May 2024165 Days
2 Farwood Close, Manchester, Greater Manchester, M16 9DQ£250,000£225,000-£25,00004 Nov 202301 May 2024179 Days
10 Royston Road, Manchester, Greater Manchester, M16 0EU£325,000£307,500-£17,50017 Jul 202330 Apr 2024288 Days
18 Beech Hurst Close, Whalley Range, Manchester, Greater Manchester, M16 8EP£260,000£245,000-£15,00024 Nov 202324 Apr 2024152 Days
13 Shrewsbury Court, Manchester, Greater Manchester, M16 7NR£215,000£207,000-£8,00027 Oct 202308 Apr 2024164 Days
22 Victoria Road, Whalley Range, Manchester, Greater Manchester, M16 8DP£400,000£150,000-£250,00010 Mar 202327 Mar 2024383 Days
70 Manley Road, Manchester, Greater Manchester, M16 8ND£630,000£608,000-£22,00010 Nov 202327 Mar 2024138 Days
46 Royston Road, Manchester, Greater Manchester, M16 0EU£365,000£348,000-£17,00017 Nov 202327 Mar 2024131 Days
70 Worthington Street, Old Trafford, Manchester, Greater Manchester, M16 9LA£200,000£195,000-£5,00028 Nov 202326 Mar 2024119 Days
19 Oakfield Avenue, Firswood, Manchester, Greater Manchester, M16 0HS£335,000£322,000-£13,00031 Oct 202325 Mar 2024146 Days
24 Holden Avenue, Manchester, Greater Manchester, M16 8TA£200,000£200,000£0017 Oct 202322 Mar 2024157 Days
48 Plainsfield Street, Manchester, Greater Manchester, M16 7HB£145,995£141,500-£4,49530 Oct 202321 Mar 2024143 Days
12 Caistor Close, Manchester, Greater Manchester, M16 8NW£285,000£283,000-£2,00020 Oct 202313 Mar 2024145 Days
Flat 11, Queens Court, Manchester Road, Manchester, Greater Manchester, M16 0EA£230,000£230,000£0016 Nov 202311 Mar 2024116 Days
33 Alness Road, Manchester, Greater Manchester, M16 8HL£485,000£465,000-£20,00029 Mar 202311 Mar 2024348 Days

Most Expensive Streets in M16 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M16 9RFGreen WalkManchester£681,0003
M16 9REGreen WalkManchester£655,7083
M16 8WSHolwood DriveManchester£576,6663
M16 0DRChatham Road, Old TraffordManchester£544,5004
M16 8WXWardley AvenueManchester£521,7083
M16 0AACollege RoadManchester£505,6673
M16 9PQSt Hildas Road, Old TraffordManchester£486,8427
M16 8NRKingsbrook RoadManchester£486,2504
M16 8NLNettleford RoadManchester£460,1666
M16 8EWBurford RoadManchester£458,7504

Least Expensive Streets in M16 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M16 0PETalbot Road, Old TraffordManchester£67,2833
M16 9QXChester Road, Old TraffordManchester£95,0363
M16 9QLChester Road, Old TraffordManchester£97,89217
M16 9GZManchester StreetManchester£104,4217
M16 7BUAlexandra RoadManchester£108,7504
M16 9QNChester Road, Old TraffordManchester£119,44214
M16 9HWBrindley RoadManchester£126,1506
M16 8BACrystal House, Withington RoadManchester£128,22519
M16 8RHAlexandra Road SouthManchester£130,7438
M16 9QYChester Road, Old TraffordManchester£130,9626

Explore M16 (Manchester) using map