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House Prices in M23 House Prices in M23 (Manchester)

The average house price in M23 (Manchester) is £259,333 using HM Land Registry data.

The average property price increased by £92,836 (43.1%) over the last 5 years and increased by £18,602 (5.83%) over the last 12 months.

Over the last year, there were 203 residential property sales – a decrease of 83 transactions (-40.89%) relative to the previous year. The majority of house sales (57) were in the £232,000 - £278,000 range. Then came properties in the £186,000 - £232,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 138 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,587 (-2%).

In Oct 24, there were 29 new estate agency instructions, 44 agreed home sales and 27 property price reductions.

Nearby Postcodes: M14, M16, M19, M20, M21, M22, M31, M32, M33, M41, M90, SK4, SK8, SK9, WA14, WA15, WA16

5-Year Average Property Prices in M23 (Manchester)

43.1%

Property prices in Manchester increased by 43.1% 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 M23 (Manchester) Over the Last Year

5.83%

Property prices in Manchester increased by 5.83% 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 M23 (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 M23 (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 M23 (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 M23 (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 M23 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M23 postcode area since 1995.

Recent Sales in M23 (Manchester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Moor Road, Manchester, Greater Manchester, M23 9BQ£330,000£330,000£0028 May 202402 Aug 202466 Days
21 Millom Avenue, Manchester, Greater Manchester, M23 0DB£270,000£260,000-£10,00021 Feb 202429 Jul 2024159 Days
15 Lawnhurst Avenue, Wythenshawe, Manchester, Greater Manchester, M23 9RW£340,000£335,000-£5,00009 Feb 202426 Jul 2024168 Days
118 Blackcarr Road, Manchester, Greater Manchester, M23 1PN£392,000£377,000-£15,00012 Mar 202424 Jul 2024134 Days
110 Button Lane, Manchester, Greater Manchester, M23 0NA£280,000£280,000£0001 Mar 202422 Jul 2024143 Days
166 Blackcarr Road, Manchester, Greater Manchester, M23 1PA£335,000£325,000-£10,00025 Jan 202415 Jul 2024172 Days
575 Altrincham Road, Manchester, Greater Manchester, M23 1DW£192,500£185,000-£7,50021 Feb 202403 Jul 2024133 Days
7 Pentwyn Grove, Manchester, Greater Manchester, M23 1BU£250,000£245,000-£5,00026 Sep 202321 Jun 2024269 Days
25 Floatshall Road, Manchester, Greater Manchester, M23 1WE£295,000£292,500-£2,50015 May 202331 May 2024382 Days
16 Tottenham Drive, Baguley, Manchester, Greater Manchester, M23 9WZ£325,000£317,000-£8,00028 Jan 202415 May 2024108 Days
35 Kerscott Road, Manchester, Greater Manchester, M23 0GD£365,000£363,000-£2,00029 Jan 202414 May 2024106 Days
9 Partridge Avenue, Manchester, Greater Manchester, M23 1PJ£450,000£435,000-£15,00008 Nov 202310 May 2024184 Days
156 Kerscott Road, Manchester, Greater Manchester, M23 0GP£325,000£315,000-£10,00018 Jul 202326 Apr 2024283 Days
29 Sale Road, Manchester, Greater Manchester, M23 0BH£260,000£260,000£0008 Nov 202319 Apr 2024163 Days
112 Kerscott Road, Manchester, Greater Manchester, M23 0GP£295,000£295,000£0013 Oct 202312 Apr 2024182 Days
57 Mossdale Road, Manchester, Greater Manchester, M23 0WG£200,000£200,000£0006 Dec 202303 Apr 2024119 Days
70 Yattendon Avenue, Manchester, Greater Manchester, M23 9FE£210,000£203,500-£6,50015 Nov 202328 Mar 2024134 Days
47 Sealand Road, Manchester, Greater Manchester, M23 0JF£210,000£200,000-£10,00025 Dec 202326 Mar 202492 Days
38 Gateacre Walk, Manchester, Greater Manchester, M23 9BA£275,000£275,000£0007 Sep 202322 Mar 2024197 Days
6 Baycroft Grove, Manchester, Greater Manchester, M23 0NW£285,000£270,000-£15,00004 May 202320 Mar 2024321 Days

Most Expensive Streets in M23 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M23 9HEBrooklands RoadManchester£820,0003
M23 9HFBrooklands RoadManchester£735,4005
M23 9HBBrooklands RoadManchester£707,1254
M23 9HDBrooklands RoadManchester£673,3333
M23 9JUNew Forest RoadManchester£603,3333
M23 1PYSaxfield DriveManchester£588,3333
M23 0PHWythenshawe RoadManchester£581,0005
M23 9NBDobbinetts LaneManchester£493,5004
M23 9JRFairwood RoadManchester£468,0004
M23 0AFMoorcroft RoadManchester£405,0004

Least Expensive Streets in M23 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M23 1HRSouthmoor 23, Glebelands RoadManchester£69,26910
M23 1LZPorlock RoadManchester£88,5003
M23 9DGDownham WalkManchester£89,3333
M23 9HYGuardian MewsManchester£93,7005
M23 2SJStapleford CloseManchester£123,0005
M23 1DJHall LaneManchester£127,5005
M23 1DLHall LaneManchester£130,33312
M23 9FSFarncombe CloseManchester£133,1663
M23 1NBHall LaneManchester£137,04826
M23 1FXBramcote AvenueManchester£139,9166

Explore M23 (Manchester) using map

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