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House Prices in M16 House Prices in M16 (Manchester)

The average house price in M16 (Manchester) is £245,790 using HM Land Registry data.

The average property price increased by £79,209 (20.5%) over the last 5 years and increased by £15,866 (3.21%) over the last 12 months.

Over the last year, there were 207 residential property sales – a decrease of 75 transactions (-36.23%) relative to the previous year. The majority of house sales (58) were in the £130,000 - £192,000 range. Then came properties in the £192,000 - £254,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 140 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,941 (-3%).

In January 2025, there were 52 new estate agency instructions, 35 agreed home sales and 42 property price reductions.

Nearby Postcodes: M1, M13, M14, M15, M17, M19, M20, M21, M23, M3, M30, M32, M33, M41, M5, M50, M6, M7

5-Year Average Property Prices in M16 (Manchester)

20.5%

Property prices in M16 (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 M16 (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) - January 2025

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
22 Basford Road, Manchester, Greater Manchester, M16 0GE£380,000£375,000-£5,00019 Jul 202403 Dec 2024137 Days
11 Alphonsus Street, Manchester, Greater Manchester, M16 7QS£350,000£345,000-£5,00011 Apr 202429 Nov 2024232 Days
23 Fulford Street, Manchester, Greater Manchester, M16 9PX£340,000£335,000-£5,00001 Aug 202429 Nov 2024120 Days
14 Rostherne Avenue, Old Trafford, Manchester, Greater Manchester, M16 7QH£340,000£340,000£011 Jul 202425 Nov 2024137 Days
68 Premier Street, Manchester, Greater Manchester, M16 9ND£325,000£322,000-£3,00018 Apr 202428 Oct 2024193 Days
15 Hazel Avenue, Manchester, Greater Manchester, M16 8DY£500,000£488,563-£11,43715 Apr 202428 Oct 2024196 Days
17 Holden Avenue, Manchester, Greater Manchester, M16 8TA£420,000£420,000£003 Oct 202325 Oct 2024388 Days
42 Langshaw Street, Manchester, Greater Manchester, M16 9LE£245,000£232,000-£13,00024 Jun 202423 Oct 2024121 Days
6 Shuttleworth Close, Manchester, Greater Manchester, M16 8NN£280,000£280,000£023 May 202430 Sep 2024130 Days
22 Thorncombe Road, Manchester, Greater Manchester, M16 7YB£110,000£100,000-£10,00027 Mar 202420 Sep 2024177 Days
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£007 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

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£563,6663
M16 8WXWardley AvenueManchester£521,7083
M16 8NRKingsbrook RoadManchester£506,0003
M16 0AACollege RoadManchester£505,6673
M16 9PQSt Hildas Road, Old TraffordManchester£486,8427
M16 7RRWhitethorn Avenue, Whalley RangeManchester£465,0003
M16 8EWBurford RoadManchester£458,7504

Least Expensive Streets in M16 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M16 9QXChester Road, Old TraffordManchester£95,0363
M16 9QLChester Road, Old TraffordManchester£97,63616
M16 9GZManchester StreetManchester£113,1586
M16 7BUAlexandra RoadManchester£113,8005
M16 9QNChester Road, Old TraffordManchester£119,34615
M16 9HWBrindley RoadManchester£129,7805
M16 8BACrystal House, Withington RoadManchester£130,72519
M16 8RHAlexandra Road SouthManchester£130,7438
M16 9QYChester Road, Old TraffordManchester£130,9626
M16 8ESRange RoadManchester£131,9446

Explore M16 (Manchester) using map

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