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House Prices in M9

The average house price in M9 (Manchester) is £177,111 using HM Land Registry data.

The average property price increased by £78,964 (54.09%) over the last 5 years and increased by £15,786 (6.86%) over the last 12 months.

Over the last year, there were 227 residential property sales – a decrease of 115 transactions (-50.66%) relative to the previous year. The majority of house sales (54) were in the £134,000 - £168,000 range. Then came properties in the £168,000 - £202,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 44 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,029 (-2%).

In June 2024, there were 42 new estate agency instructions, 31 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in M9 (Manchester)

54.09%

Property prices in Manchester increased by 54.09% 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 M9 (Manchester) Over the Last Year

6.86%

Property prices in Manchester increased by 6.86% 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 M9 (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 M9 (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 M9 (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 M9 (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 M9 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M9 postcode area since 1995.

Recent Sales in M9 (Manchester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
22 Sidmouth Drive, Manchester, Greater Manchester, M9 8BU	£265,000	£240,000	-£25,000	28 Sep 2022	25 Apr 2024	575 Days
7 Oak Bank Avenue, Manchester, Greater Manchester, M9 4EX	£260,000	£245,000	-£15,000	03 Oct 2023	28 Mar 2024	177 Days
27 Aldersley Avenue, Manchester, Greater Manchester, M9 8NR	£210,000	£188,000	-£22,000	04 Jan 2024	20 Mar 2024	76 Days
7 Finningley Road, Manchester, Greater Manchester, M9 0NX	£190,000	£190,000	£00	13 Dec 2023	14 Mar 2024	92 Days
11 Oakshaw Close, Manchester, Greater Manchester, M9 8NT	£240,000	£228,000	-£12,000	12 Oct 2023	08 Mar 2024	148 Days
205 Blackley New Road, Manchester, Greater Manchester, M9 8FS	£225,000	£107,500	-£117,500	01 Aug 2023	06 Mar 2024	218 Days
8 Bellfield Close, Manchester, Greater Manchester, M9 8QA	£115,000	£115,000	£00	21 Jul 2023	29 Feb 2024	223 Days
11 Churchside Close, Manchester, Greater Manchester, M9 8HZ	£225,000	£215,000	-£10,000	29 Jun 2023	31 Jan 2024	216 Days
27 Honister Road, Manchester, Greater Manchester, M9 4LW	£200,000	£190,000	-£10,000	25 Sep 2023	12 Jan 2024	109 Days
11 Boothroyden Road, Manchester, Greater Manchester, M9 0RG	£190,000	£186,000	-£4,000	23 Aug 2023	20 Dec 2023	119 Days
14 Alworth Road, Manchester, Greater Manchester, M9 6GL	£175,000	£167,000	-£8,000	09 Aug 2023	08 Dec 2023	121 Days
345 Charlestown Road, Manchester, Greater Manchester, M9 7BS	£270,000	£260,000	-£10,000	05 May 2023	29 Nov 2023	208 Days
10 Chendre Road, Manchester, Greater Manchester, M9 7FF	£220,000	£204,000	-£16,000	11 Aug 2023	22 Nov 2023	103 Days
3 Buckland Avenue, Manchester, Greater Manchester, M9 8FU	£240,000	£232,500	-£7,500	31 Mar 2023	16 Nov 2023	230 Days
100 Tweedle Hill Road, Manchester, Greater Manchester, M9 8LG	£250,000	£240,000	-£10,000	02 Jun 2023	13 Nov 2023	164 Days
14 Ethel Avenue, Manchester, Greater Manchester, M9 6RR	£140,000	£140,000	£00	04 Sep 2023	26 Oct 2023	52 Days
7 Normanton Drive, Manchester, Greater Manchester, M9 6FZ	£160,000	£152,250	-£7,750	27 May 2023	23 Oct 2023	149 Days
6 Kirkway, Manchester, Greater Manchester, M9 6HT	£250,000	£250,000	£00	05 Jul 2023	20 Oct 2023	107 Days
2 Risley Avenue, Manchester, Greater Manchester, M9 8EE	£230,000	£210,000	-£20,000	03 Nov 2022	13 Oct 2023	344 Days
40 Gildersdale Drive, Manchester, Greater Manchester, M9 0SN	£290,000	£272,000	-£18,000	18 Apr 2023	13 Oct 2023	178 Days

Most Expensive Streets in M9 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M9 6BH	Nutbank Lane	Manchester	£828,333	3
M9 7EN	Polefield Road	Manchester	£336,666	3
M9 8FE	Imperial Way	Manchester	£313,333	3
M9 7FL	Polefield Road	Manchester	£298,000	4
M9 0RX	Hopcroft Close	Manchester	£296,333	6
M9 8EU	Ellbourne Road	Manchester	£294,000	3
M9 0SN	Gildersdale Drive	Manchester	£293,423	13
M9 8FG	Blackley New Road	Manchester	£280,000	3
M9 7GA	Rushway Avenue	Manchester	£271,564	7
M9 7FG	Hinchley Road	Manchester	£269,642	14

Least Expensive Streets in M9 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M9 8DR	Old School Drive	Manchester	£37,583	6
M9 4JW	Thorntree Close	Manchester	£46,000	3
M9 7HQ	Freshfields, Spindletree Avenue	Manchester	£63,087	12
M9 0RT	Windsor House, Kingsmead Mews	Manchester	£64,166	3
M9 5UN	Ventnor Street	Manchester	£74,000	3
M9 8QH	Hawkins Close	Manchester	£87,666	3
M9 6RQ	Cecil Road	Manchester	£88,778	7
M9 8QF	Lakeside Rise	Manchester	£90,416	6
M9 8BL	Russet Road	Manchester	£90,500	4
M9 4NY	Whitman Street	Manchester	£91,500	3