House Prices in M28 House Prices in M28 (Manchester)

The average house price in M28 (Manchester) is £313,184 using HM Land Registry data.

The average property price increased by £110,349 (31.02%) over the last 5 years and increased by £22,060 (4.53%) over the last 12 months.

Over the last year, there were 445 residential property sales – a decrease of 375 transactions (-84.27%) relative to the previous year. The majority of house sales (95) were in the £212,000 - £274,000 range. Then came properties in the £150,000 - £212,000 range, where 84 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,171 (-2%).

In June 2024, there were 96 new estate agency instructions, 84 agreed home sales and 49 property price reductions.

5-Year Average Property Prices in M28 (Manchester)

31.02%

Property prices in Manchester increased by 31.02% 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 M28 (Manchester) Over the Last Year

4.53%

Property prices in Manchester increased by 4.53% 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 M28 (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 M28 (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 M28 (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 M28 (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 M28 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M28 postcode area since 1995.

Recent Sales in M28 (Manchester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
146 Hilton Lane, Worsley, Manchester, Greater Manchester, M28 0TD£300,000£295,000-£5,00028 Nov 202320 May 2024174 Days
12 Trinity Crescent, Worsley, Manchester, Greater Manchester, M28 3LG£270,000£265,000-£5,00018 Dec 202316 May 2024150 Days
16 Millfield Drive, Worsley, Manchester, Greater Manchester, M28 1LD£260,000£250,000-£10,00017 Oct 202303 May 2024199 Days
26 Highclove Lane, Worsley, Manchester, Greater Manchester, M28 1GZ£335,000£318,000-£17,00013 Sep 202302 May 2024232 Days
8 Godmond Hall Drive, Worsley, Manchester, Greater Manchester, M28 1YF£550,000£527,500-£22,50016 Feb 202426 Apr 202470 Days
Apartment 20, Elmwood, Barton Road, Worsley, Manchester, Greater Manchester, M28 2PF£125,000£120,000-£5,00014 Feb 202426 Apr 202472 Days
144 Vicars Hall Lane, Worsley, Manchester, Greater Manchester, M28 1HY£260,000£250,000-£10,00009 Jan 202422 Apr 2024104 Days
75 Leigh Road, Worsley, Manchester, Greater Manchester, M28 1LG£230,000£229,000-£1,00012 Dec 202319 Apr 2024129 Days
Oakwood, 1a, Ellendale Grange, Worsley, Manchester, Greater Manchester, M28 7UX£750,000£728,000-£22,00008 Jun 202317 Apr 2024314 Days
2 Kendal Road, Worsley, Manchester, Greater Manchester, M28 1AG£190,000£178,000-£12,00002 Dec 202316 Apr 2024136 Days
23 Holly Avenue, Worsley, Manchester, Greater Manchester, M28 3DW£215,000£205,000-£10,00003 Jan 202412 Apr 2024100 Days
48 Old Clough Lane, Worsley, Manchester, Greater Manchester, M28 3HQ£220,000£215,000-£5,00025 Oct 202312 Apr 2024170 Days
11 Mesne Lea Road, Worsley, Manchester, Greater Manchester, M28 7EU£275,000£270,000-£5,00014 Jun 202312 Apr 2024303 Days
493 Ellenbrook Road, Worsley, Manchester, Greater Manchester, M28 1ER£560,000£537,500-£22,50015 Mar 202312 Apr 2024394 Days
2 Ashlands Avenue, Worsley, Manchester, Greater Manchester, M28 1SE£240,000£235,000-£5,00015 Nov 202310 Apr 2024147 Days
3 Edge Fold Road, Worsley, Manchester, Greater Manchester, M28 7GE£325,000£290,000-£35,00005 Oct 202308 Apr 2024186 Days
30 West Avenue, Worsley, Manchester, Greater Manchester, M28 0SP£325,000£322,000-£3,00010 Jul 202305 Apr 2024270 Days
10 Clock Tower Close, Worsley, Manchester, Greater Manchester, M28 0YD£190,000£190,000£0002 Jan 202405 Apr 202494 Days
3 Shap Crescent, Worsley, Manchester, Greater Manchester, M28 7EZ£275,000£275,000£0025 Oct 202305 Apr 2024163 Days
22 Mayfield Avenue, Worsley, Manchester, Greater Manchester, M28 3JF£160,000£160,000£0014 Nov 202305 Apr 2024143 Days

Most Expensive Streets in M28 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M28 2NTChatsworth Road, WorsleyManchester£1,623,3333
M28 1LFLeigh Road, WorsleyManchester£1,064,0005
M28 2WWWoodstock Drive, WorsleyManchester£843,5663
M28 2GNKempnough Hall Road, WorsleyManchester£795,1666
M28 2SWHazelhurst Road, WorsleyManchester£789,5717
M28 1FQPoynt Chase, WorsleyManchester£786,6663
M28 2WELeaconfield Drive, WorsleyManchester£776,9333
M28 2QQCrossfield Drive, WorsleyManchester£771,0005
M28 2LSHazelfields, WorsleyManchester£758,7504
M28 2TSGreenleach Lane, WorsleyManchester£743,7504

Least Expensive Streets in M28 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M28 3HFCawdor Street, WorsleyManchester£85,0003
M28 3EQAinsworth Court, Stanley RoadManchester£87,6666
M28 3PHWayside Grove, WorsleyManchester£91,6663
M28 3FGNewhart Grove, WorsleyManchester£92,0004
M28 3GWWorsley Road North, WorsleyManchester£98,4005
M28 3QAHarriet Street, WorsleyManchester£98,5856
M28 3DGAtkin Street, WorsleyManchester£103,09011
M28 3JWStocks Court 2, Harriet Street, WorsleyManchester£110,2508
M28 2PFElmwood, Barton RoadManchester£111,13122
M28 3ERHatherton Court, WorsleyManchester£111,6005

Explore M28 (Manchester) using map