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House Prices in M31

The average house price in M31 (Manchester) is £260,666 using HM Land Registry data.

The average property price increased by £87,876 (42.29%) over the last 5 years and increased by £17,568 (5.75%) over the last 12 months.

Over the last year, there were 44 residential property sales – a decrease of 92 transactions (-209.09%) relative to the previous year. The majority of house sales (11) were in the £178,000 - £206,000 range. Then came properties in the £206,000 - £234,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 41 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,375 (-1%).

In June 2024, there were 11 new estate agency instructions, 13 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in M31 (Manchester)

42.29%

Property prices in Manchester increased by 42.29% 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 M31 (Manchester) Over the Last Year

5.75%

Property prices in Manchester increased by 5.75% 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 M31 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 M31 (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 M31 (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 M31 (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 M31 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M31 postcode area since 1995.

Recent Sales in M31 (Manchester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Broadway, Partington, Manchester, Greater Manchester, M31 4DH	£295,000	£294,000	-£1,000	26 Sep 2023	16 Feb 2024	143 Days
21 Bucklow Avenue, Partington, Manchester, Greater Manchester, M31 4DN	£230,000	£228,000	-£2,000	13 Sep 2023	02 Feb 2024	142 Days
3 Ennerdale Road, Partington, Manchester, Greater Manchester, M31 4WD	£260,000	£260,000	£00	24 Aug 2023	02 Feb 2024	162 Days
5 Charlock Walk, Partington, Manchester, Greater Manchester, M31 4FP	£180,000	£180,000	£00	09 Jun 2023	12 Jan 2024	217 Days
3 Maypole Close, Carrington, Manchester, Greater Manchester, M31 4RH	£280,000	£272,500	-£7,500	15 Sep 2023	19 Dec 2023	95 Days
156 Lock Lane, Partington, Manchester, Greater Manchester, M31 4PW	£229,999	£225,000	-£4,999	06 Jun 2023	07 Dec 2023	184 Days
50 Thirlmere Road, Partington, Manchester, Greater Manchester, M31 4PT	£240,000	£236,000	-£4,000	23 Jan 2023	21 Nov 2023	302 Days
11 Lock Lane, Partington, Manchester, Greater Manchester, M31 4PA	£255,000	£247,000	-£8,000	10 Feb 2023	21 Nov 2023	284 Days
11 Sheldon Close, Partington, Manchester, Greater Manchester, M31 4NS	£249,999	£247,000	-£2,999	04 May 2023	06 Nov 2023	186 Days
1b, Moss Lane, Partington, Manchester, Greater Manchester, M31 4DP	£359,000	£330,000	-£29,000	21 Jun 2023	03 Nov 2023	135 Days
7 Nursery Grove, Partington, Manchester, Greater Manchester, M31 4AR	£185,000	£185,000	£00	15 May 2023	13 Oct 2023	151 Days
362 Wood Lane, Partington, Manchester, Greater Manchester, M31 4HZ	£180,000	£175,000	-£5,000	23 May 2023	22 Sep 2023	122 Days
22 Broadway, Partington, Manchester, Greater Manchester, M31 4DH	£280,000	£280,000	£00	27 Feb 2023	30 Aug 2023	184 Days
55 Moss Lane, Partington, Manchester, Greater Manchester, M31 4DP	£190,000	£190,000	£00	15 Jun 2023	25 Aug 2023	71 Days
37 Warburton Lane, Partington, Manchester, Greater Manchester, M31 4NL	£220,000	£217,000	-£3,000	04 Apr 2023	11 Aug 2023	129 Days
56 Manchester Road, Carrington, Manchester, Greater Manchester, M31 4BD	£280,000	£280,000	£00	14 Feb 2023	21 Jul 2023	157 Days
8 Columbine Walk, Partington, Manchester, Greater Manchester, M31 4FG	£165,000	£162,500	-£2,500	21 Feb 2023	14 Jun 2023	113 Days
24 Elizabeth Road, Partington, Manchester, Greater Manchester, M31 4PU	£300,000	£290,000	-£10,000	20 Nov 2022	25 May 2023	186 Days
11 Garden Walk, Partington, Manchester, Greater Manchester, M31 4PE	£165,000	£164,250	-£750	02 Feb 2023	02 May 2023	89 Days
5 The Willows, Partington, Manchester, Greater Manchester, M31 4EJ	£185,000	£180,000	-£5,000	02 Sep 2022	31 Mar 2023	210 Days

Most Expensive Streets in M31 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M31 4PU	Elizabeth Road, Partington	Manchester	£270,143	7
M31 4RX	Skylark Drive, Partington	Manchester	£254,335	10
M31 4RZ	Linnet Close, Partington	Manchester	£253,745	4
M31 4QA	Derwent Close, Partington	Manchester	£253,000	3
M31 4RY	Sparrow Street, Partington	Manchester	£252,495	8
M31 4EY	Chapel Lane, Partington	Manchester	£252,000	3
M31 4DB	River Lane, Partington	Manchester	£249,166	3
M31 4DP	Moss Lane, Partington	Manchester	£247,166	3
M31 4RW	Peregrine Close, Partington	Manchester	£236,995	7
M31 4BA	Stamford Road, Carrington	Manchester	£229,799	5

Least Expensive Streets in M31 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M31 4NZ	New William Close, Partington	Manchester	£90,900	5
M31 4EQ	Central Road, Partington	Manchester	£134,250	6
M31 4EB	Moss Lane, Partington	Manchester	£138,000	7
M31 4PE	Garden Walk, Partington	Manchester	£141,062	4
M31 4ET	Cross Lane West, Partington	Manchester	£141,806	4
M31 4NF	Buttermere Road, Partington	Manchester	£145,237	4
M31 4PF	Grasmere Road, Partington	Manchester	£152,333	3
M31 4FU	Erskine Road, Partington	Manchester	£154,500	4
M31 4FP	Charlock Walk, Partington	Manchester	£163,333	3
M31 4QX	Aspen Place, Partington	Manchester	£165,925	4