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House Prices in M32 House Prices in M32 (Manchester)

The average house price in M32 (Manchester) is £314,555 using HM Land Registry data.

The average property price increased by £75,996 (56.73%) over the last 5 years and increased by £15,192 (7.09%) over the last 12 months.

Over the last year, there were 231 residential property sales – a decrease of 97 transactions (-41.99%) relative to the previous year. The majority of house sales (65) were in the £218,000 - £266,000 range. Then came properties in the £266,000 - £314,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,705 (-1%).

In June 2024, there were 29 new estate agency instructions, 32 agreed home sales and 21 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) - 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 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
102 Victoria Road, Stretford, Manchester, Greater Manchester, M32 0AD£340,000£311,500-£28,50005 Sep 202319 Apr 2024227 Days
191 Winchester Road, Stretford, Manchester, Greater Manchester, M32 9PT£260,000£250,000-£10,00019 Sep 202318 Apr 2024212 Days
15 Elm Drive, Stretford, Manchester, Greater Manchester, M32 9AW£265,000£250,000-£15,00019 Sep 202328 Mar 2024191 Days
53 Nansen Close, Stretford, Manchester, Greater Manchester, M32 0PU£265,000£265,000£0023 Nov 202328 Mar 2024126 Days
522 Barton Road, Stretford, Manchester, Greater Manchester, M32 9TH£325,000£317,500-£7,50004 Oct 202327 Mar 2024175 Days
27 Thirlmere Avenue, Stretford, Manchester, Greater Manchester, M32 0BE£220,000£210,000-£10,00027 Oct 202322 Mar 2024147 Days
13 Raglan Road, Stretford, Manchester, Greater Manchester, M32 8FA£280,000£280,000£0012 Jan 202422 Mar 202470 Days
53 Urmston Lane, Stretford, Manchester, Greater Manchester, M32 9BG£525,000£497,000-£28,00017 Aug 202314 Mar 2024210 Days
29 Haddon Street, Stretford, Manchester, Greater Manchester, M32 0JR£255,000£255,000£0014 Nov 202308 Mar 2024115 Days
4 Bowness Street, Stretford, Manchester, Greater Manchester, M32 0FA£260,000£255,000-£5,00024 Feb 202323 Feb 2024364 Days
45 Audley Avenue, Stretford, Manchester, Greater Manchester, M32 9TQ£360,000£360,000£0007 Sep 202316 Feb 2024162 Days
9 Gorse Avenue, Stretford, Manchester, Greater Manchester, M32 0UL£300,000£285,000-£15,00015 Sep 202314 Feb 2024152 Days
118 Cromwell Road, Stretford, Manchester, Greater Manchester, M32 8QL£375,000£360,500-£14,50009 Aug 202305 Feb 2024180 Days
25 Cavendish Road, Stretford, Manchester, Greater Manchester, M32 0PS£260,000£255,000-£5,00029 Sep 202326 Jan 2024119 Days
21 Granby Road, Stretford, Manchester, Greater Manchester, M32 8JL£399,000£380,000-£19,00018 Sep 202326 Jan 2024130 Days
16 Maple Avenue, Stretford, Manchester, Greater Manchester, M32 8HY£340,000£330,000-£10,00003 Dec 202219 Jan 2024412 Days
473 Barton Road, Stretford, Manchester, Greater Manchester, M32 9TA£315,000£308,500-£6,50026 Oct 202319 Jan 202485 Days
121 Derbyshire Lane, Stretford, Manchester, Greater Manchester, M32 8DG£499,999£470,000-£29,99903 Jul 202312 Jan 2024193 Days
43 Leyburn Avenue, Stretford, Manchester, Greater Manchester, M32 8DZ£360,000£355,000-£5,00005 Aug 202312 Jan 2024160 Days
16 Ryecroft Road, Stretford, Manchester, Greater Manchester, M32 9BU£300,000£275,000-£25,00018 Oct 202312 Jan 202486 Days

Most Expensive Streets in M32 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M32 8PSKenwood Road, StretfordManchester£664,2005
M32 9DASandy Lane, StretfordManchester£643,3333
M32 8PWNorwood Road, StretfordManchester£613,3333
M32 8PTKenwood Road, StretfordManchester£574,6505
M32 8QJCromwell Road, StretfordManchester£566,7229
M32 8JPEdge Lane, StretfordManchester£524,5004
M32 8JFMeadow Close, StretfordManchester£496,6663
M32 9EHUrmston Lane, StretfordManchester£480,0003
M32 8DQPark Road, StretfordManchester£475,0003
M32 8GJHortree Road, StretfordManchester£443,0336

Least Expensive Streets in M32 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M32 9DDBraeside, StretfordManchester£84,49011
M32 8QAEdge Lane, StretfordManchester£109,89720
M32 0TEWardle Close, StretfordManchester£129,0003
M32 9FDElmwood Court, StretfordManchester£129,2504
M32 8AEKing Street, StretfordManchester£132,3758
M32 9DEManor Court, StretfordManchester£134,9995
M32 9EPPeterwood Gardens, StretfordManchester£137,5004
M32 0TFWardle Close, StretfordManchester£137,51510
M32 0EGNew Belvedere Close, StretfordManchester£139,72711
M32 0USChester Road, StretfordManchester£141,6663

Explore M32 (Manchester) using map

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