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House Prices in M18

The average house price in M18 (Manchester) is £201,500 using HM Land Registry data.

The average property price increased by £43,921 (55.25%) over the last 5 years and increased by £8,780 (6.96%) over the last 12 months.

Over the last year, there were 155 residential property sales – a decrease of 68 transactions (-43.87%) relative to the previous year. The majority of house sales (36) were in the £130,000 - £160,000 range. Then came properties in the £160,000 - £190,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,374 (-3%).

In June 2024, there were 23 new estate agency instructions, 19 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in M18 (Manchester)

55.25%

Property prices in Manchester increased by 55.25% 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 M18 (Manchester) Over the Last Year

6.96%

Property prices in Manchester increased by 6.96% 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 M18 (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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 M18 (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 M18 (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 M18 (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 M18 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M18 postcode area since 1995.

Recent Sales in M18 (Manchester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
762 Hyde Road, Manchester, Greater Manchester, M18 7EF	£245,000	£245,000	£00	23 Jun 2023	23 Apr 2024	305 Days
23 Harold Avenue, Manchester, Greater Manchester, M18 7JT	£150,000	£150,000	£00	26 Sep 2023	04 Apr 2024	191 Days
1 Redacre Road, Manchester, Greater Manchester, M18 8RU	£235,000	£232,000	-£3,000	23 Oct 2023	15 Mar 2024	144 Days
14 Kirkham Avenue, Manchester, Greater Manchester, M18 8WN	£210,000	£197,000	-£13,000	13 Sep 2023	26 Jan 2024	135 Days
30 Pinnington Road, Manchester, Greater Manchester, M18 8WR	£160,000	£155,000	-£5,000	17 Aug 2023	18 Jan 2024	154 Days
27 Thornholme Close, Manchester, Greater Manchester, M18 7RL	£200,000	£190,000	-£10,000	03 Aug 2023	02 Jan 2024	152 Days
39 Reddish Lane, Manchester, Greater Manchester, M18 7JH	£160,000	£160,000	£00	08 Nov 2023	20 Dec 2023	42 Days
2 Harold Avenue, Manchester, Greater Manchester, M18 7JT	£150,000	£145,000	-£5,000	04 Sep 2023	15 Dec 2023	102 Days
20 Glencastle Road, Manchester, Greater Manchester, M18 7QH	£170,000	£160,000	-£10,000	09 May 2023	01 Dec 2023	206 Days
16 Ackroyd Avenue, Manchester, Greater Manchester, M18 8TL	£210,000	£210,000	£00	30 Aug 2023	30 Nov 2023	92 Days
14 Franklyn Road, Manchester, Greater Manchester, M18 8QX	£200,000	£195,000	-£5,000	25 Aug 2023	15 Nov 2023	82 Days
2 Willow Grove, Manchester, Greater Manchester, M18 7FG	£180,000	£165,000	-£15,000	11 Aug 2023	14 Nov 2023	95 Days
25 Laburnum Road, Manchester, Greater Manchester, M18 7FT	£170,000	£170,000	£00	26 Jul 2023	03 Nov 2023	100 Days
1 Shelford Avenue, Manchester, Greater Manchester, M18 7DF	£220,000	£220,000	£00	17 Apr 2023	24 Oct 2023	190 Days
31 Rawsthorne Avenue, Manchester, Greater Manchester, M18 7GA	£170,000	£166,000	-£4,000	12 Jun 2023	13 Oct 2023	123 Days
20 Kirkman Close, Manchester, Greater Manchester, M18 7EA	£75,000	£70,000	-£5,000	10 Feb 2023	13 Oct 2023	245 Days
16 Friendship Avenue, Manchester, Greater Manchester, M18 7HH	£135,000	£130,000	-£5,000	26 Jun 2023	11 Oct 2023	107 Days
118 Cross Lane, Manchester, Greater Manchester, M18 8NZ	£185,000	£178,500	-£6,500	22 May 2023	06 Oct 2023	137 Days
16 Woodland Avenue, Manchester, Greater Manchester, M18 7HF	£160,000	£160,000	£00	17 Jul 2023	29 Sep 2023	74 Days
37 Seddon Avenue, Manchester, Greater Manchester, M18 8NW	£180,000	£180,000	£00	14 Apr 2023	21 Sep 2023	160 Days

Most Expensive Streets in M18 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M18 7NJ	Knutsford Road	Manchester	£402,500	4
M18 7WA	Farley Avenue	Manchester	£261,828	7
M18 7WB	Kingsdale Road	Manchester	£257,324	7
M18 7LN	Hyde Road	Manchester	£232,000	4
M18 7LZ	Clumber Road	Manchester	£232,000	3
M18 8RU	Redacre Road	Manchester	£231,333	3
M18 7NA	Dorlan Avenue	Manchester	£223,333	3
M18 7SW	Mannering Street	Manchester	£218,537	8
M18 7TP	Hamsterley Avenue	Manchester	£216,875	4
M18 8UL	High Bank	Manchester	£216,012	5

Least Expensive Streets in M18 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M18 7EA	Kirkman Close	Manchester	£80,643	8
M18 7JB	Bowling Road	Manchester	£84,250	4
M18 8QG	Longford Street	Manchester	£90,500	3
M18 7GJ	Buckley Road	Manchester	£95,600	5
M18 8SD	Madison Street	Manchester	£96,875	4
M18 8NS	Ewan Street	Manchester	£99,000	5
M18 7AW	Beckett Street	Manchester	£99,623	4
M18 8SH	Kenyon Street	Manchester	£100,000	4
M18 7HS	Woodland Road, Gorton	Manchester	£100,250	4
M18 8UW	Rockhampton Street	Manchester	£103,000	4