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House Prices in M32 House Prices in M32 (Manchester)

The average house price in M32 (Manchester) is £300,246 using HM Land Registry data.

The average property price increased by £73,455 (56.73%) over the last 5 years and increased by £14,718 (7.09%) over the last 12 months.

Over the last year, there were 236 residential property sales – a decrease of 66 transactions (-27.97%) relative to the previous year. The majority of house sales (59) were in the £228,000 - £276,000 range. Then came properties in the £276,000 - £324,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,719 (-2%).

In Dec 24, there were 17 new estate agency instructions, 19 agreed home sales and 12 property price reductions.

Nearby Postcodes: M14, M15, M16, M17, M20, M21, M23, M30, M31, M33, M41, M44, M5, M50, WA14, WA15

5-Year Average Property Prices in M32 (Manchester)

56.73%

Property prices in Manchester increased by 56.73% 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 M32 (Manchester) Over the Last Year

7.09%

Property prices in Manchester increased by 7.09% 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 M32 (Manchester) - Dec 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 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 M32 (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 M32 (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 M32 (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 M32 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M32 postcode area since 1995.

Recent Sales in M32 (Manchester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
66 Braemar Avenue, Stretford, Manchester, Greater Manchester, M32 9LY£385,000£363,000-£22,00015 May 202408 Nov 2024177 Days
1 Cromford Avenue, Stretford, Manchester, Greater Manchester, M32 9RQ£260,000£250,000-£10,00010 Sep 201908 Nov 20241886 Days
15 Derbyshire Lane, Stretford, Manchester, Greater Manchester, M32 8BH£525,000£525,000£0029 Feb 202407 Nov 2024252 Days
21 South Lonsdale Street, Stretford, Manchester, Greater Manchester, M32 0JE£285,000£280,000-£5,00031 May 202418 Oct 2024140 Days
95 Cromwell Road, Stretford, Manchester, Greater Manchester, M32 8QL£460,000£450,000-£10,00011 Aug 202314 Oct 2024430 Days
8 Berkeley Avenue, Stretford, Manchester, Greater Manchester, M32 9TJ£250,000£245,000-£5,00003 Sep 202411 Oct 202438 Days
26 Nansen Street, Stretford, Manchester, Greater Manchester, M32 0JG£275,000£275,000£0014 Jun 202411 Oct 2024119 Days
45 Wingfield Street, Stretford, Manchester, Greater Manchester, M32 0PJ£275,000£275,000£0012 Jan 202416 Aug 2024217 Days
14 Alston Avenue, Stretford, Manchester, Greater Manchester, M32 8DX£325,000£323,500-£1,50013 Mar 202402 Aug 2024142 Days
24 Stuart Road, Stretford, Manchester, Greater Manchester, M32 0DQ£250,000£240,000-£10,00014 Mar 202426 Jul 2024134 Days
5 Tresco Avenue, Stretford, Manchester, Greater Manchester, M32 8PE£475,000£472,375-£2,62503 Jan 202426 Jul 2024205 Days
12 Leyburn Avenue, Stretford, Manchester, Greater Manchester, M32 8DZ£350,000£324,000-£26,00023 Jan 202423 Jul 2024182 Days
18 Nansen Street, Stretford, Manchester, Greater Manchester, M32 0JG£265,000£263,000-£2,00009 Dec 202305 Jul 2024209 Days
22 Raleigh Street, Stretford, Manchester, Greater Manchester, M32 8LJ£215,000£215,000£0023 Jan 202428 Jun 2024157 Days
87 Nansen Close, Stretford, Manchester, Greater Manchester, M32 0PU£280,000£273,000-£7,00031 Jan 202421 Jun 2024142 Days
2 Thornbury Road, Stretford, Manchester, Greater Manchester, M32 0QE£275,000£265,000-£10,00015 Feb 202321 Jun 2024492 Days
6 Derbyshire Grove, Stretford, Manchester, Greater Manchester, M32 9LQ£285,000£280,000-£5,00015 Feb 202417 Jun 2024123 Days
57 Trafford Grove, Stretford, Manchester, Greater Manchester, M32 8LN£280,000£277,000-£3,00030 Oct 202331 May 2024214 Days
82 Norwood Road, Stretford, Manchester, Greater Manchester, M32 8PW£775,000£745,000-£30,00026 Oct 202331 May 2024218 Days
15 Thornbury Road, Stretford, Manchester, Greater Manchester, M32 0QF£285,000£280,000-£5,00001 Apr 202330 May 2024425 Days

Most Expensive Streets in M32 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M32 8PSKenwood Road, StretfordManchester£665,2504
M32 8PWNorwood Road, StretfordManchester£662,5005
M32 8PTKenwood Road, StretfordManchester£569,7507
M32 8QJCromwell Road, StretfordManchester£566,1669
M32 8JPEdge Lane, StretfordManchester£549,6005
M32 9BXSandy Lane, StretfordManchester£507,1663
M32 8JFMeadow Close, StretfordManchester£496,6663
M32 8DQPark Road, StretfordManchester£475,0003
M32 9BGUrmston Lane, StretfordManchester£468,5938
M32 8JAGranby Road, StretfordManchester£453,7504

Least Expensive Streets in M32 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M32 9DDBraeside, StretfordManchester£87,11612
M32 8QAEdge Lane, StretfordManchester£114,22220
M32 8AEKing Street, StretfordManchester£132,3758
M32 9DEManor Court, StretfordManchester£137,2494
M32 0TFWardle Close, StretfordManchester£137,7959
M32 9EPPeterwood Gardens, StretfordManchester£138,3333
M32 0EGNew Belvedere Close, StretfordManchester£139,72711
M32 8NFFylde Court, Highfield RoadManchester£149,0003
M32 8PLNorwood Court, Norwood RoadManchester£153,3964
M32 0TAChester Road, StretfordManchester£163,62512

Explore M32 (Manchester) using map

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