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House Prices in M11

The average house price in M11 (Manchester) is £190,000 using HM Land Registry data.

The average property price increased by £52,518 (42.64%) over the last 5 years and increased by £10,499 (5.78%) over the last 12 months.

Over the last year, there were 101 residential property sales – a decrease of 74 transactions (-73.27%) relative to the previous year. The majority of house sales (22) were in the £142,000 - £174,000 range. Then came properties in the £174,000 - £206,000 range, where 22 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 £-4,414 (-2%).

In June 2024, there were 17 new estate agency instructions, 20 agreed home sales and 3 property price reductions.

5-Year Average Property Prices in M11 (Manchester)

42.64%

Property prices in Manchester increased by 42.64% 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 M11 (Manchester) Over the Last Year

5.78%

Property prices in Manchester increased by 5.78% 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 M11 (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 M11 (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 M11 (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 M11 (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 M11 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M11 postcode area since 1995.

Recent Sales in M11 (Manchester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
123 Parkhouse Street, Manchester, Greater Manchester, M11 2JX	£120,000	£106,000	-£14,000	10 Oct 2023	26 Apr 2024	199 Days
49 John Heywood Street, Manchester, Greater Manchester, M11 4BG	£150,000	£140,000	-£10,000	30 Oct 2023	05 Apr 2024	158 Days
311 North Road, Manchester, Greater Manchester, M11 4LB	£240,000	£240,000	£00	15 Jan 2024	01 Mar 2024	46 Days
3 West Bank, Openshaw, Manchester, Greater Manchester, M11 1GT	£180,000	£180,000	£00	03 Jul 2023	23 Jan 2024	204 Days
77 Pioneer Street, Manchester, Greater Manchester, M11 4FR	£165,000	£165,000	£00	05 Sep 2023	03 Jan 2024	120 Days
19 Winslow Street, Manchester, Greater Manchester, M11 2AY	£125,000	£110,000	-£15,000	17 Mar 2023	13 Nov 2023	241 Days
7 Capital Road, Manchester, Greater Manchester, M11 1JZ	£270,000	£250,000	-£20,000	22 Jun 2022	27 Oct 2023	492 Days
70 Wilson Street, Openshaw, Manchester, Greater Manchester, M11 2AZ	£100,000	£100,000	£00	17 Aug 2023	18 Oct 2023	62 Days
9 Doric Close, Manchester, Greater Manchester, M11 3QL	£265,000	£235,000	-£30,000	01 Feb 2023	02 Oct 2023	243 Days
36 Tinningham Close, Manchester, Greater Manchester, M11 1NB	£130,000	£130,000	£00	16 Jun 2023	14 Sep 2023	90 Days
42 John Heywood Street, Manchester, Greater Manchester, M11 4FN	£180,000	£180,000	£00	20 Jan 2023	16 Jun 2023	147 Days
665 Ashton New Road, Manchester, Greater Manchester, M11 4QJ	£165,000	£163,000	-£2,000	26 Jan 2023	09 Jun 2023	134 Days
109 Seymour Road South, Manchester, Greater Manchester, M11 4PS	£200,000	£194,000	-£6,000	20 Dec 2022	05 Jun 2023	167 Days
14 Lees Street, Openshaw, Manchester, Greater Manchester, M11 1WH	£170,000	£170,000	£00	12 Dec 2022	17 Mar 2023	95 Days
71 Meech Street, Manchester, Greater Manchester, M11 2JJ	£130,000	£125,000	-£5,000	23 Nov 2022	03 Mar 2023	100 Days
3 Gleneagles Avenue, Manchester, Greater Manchester, M11 4JU	£185,000	£185,000	£00	31 Aug 2022	17 Feb 2023	170 Days
40 Delamere Street, Manchester, Greater Manchester, M11 1JY	£190,000	£185,000	-£5,000	23 Aug 2022	14 Feb 2023	175 Days
28 Vale Street, Manchester, Greater Manchester, M11 4WG	£185,000	£175,000	-£10,000	14 Oct 2022	13 Feb 2023	122 Days
54 Wheler Street, Manchester, Greater Manchester, M11 1DF	£140,000	£132,100	-£7,900	10 Oct 2022	26 Jan 2023	108 Days
16 Lloyd Wright Avenue, Manchester, Greater Manchester, M11 3NJ	£280,000	£280,000	£00	13 Aug 2022	16 Jan 2023	156 Days

Most Expensive Streets in M11 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M11 3NB	Stadium Drive	Manchester	£296,666	6
M11 2LW	Cherry Avenue	Manchester	£290,166	3
M11 3NL	Paxton Place	Manchester	£272,333	3
M11 3NP	Rylance Street	Manchester	£260,666	6
M11 1PQ	Dobson Street	Manchester	£253,000	4
M11 3NU	Commonwealth Avenue	Manchester	£249,420	5
M11 3BH	Olympic Street	Manchester	£246,666	3
M11 3NE	Athletes Way	Manchester	£246,357	7
M11 3BY	Metcombe Way	Manchester	£244,374	8
M11 3NJ	Lloyd Wright Avenue	Manchester	£244,190	11

Least Expensive Streets in M11 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M11 1EY	Burman Street	Manchester	£86,666	3
M11 1NA	Ketton Close	Manchester	£94,250	7
M11 2AZ	Wilson Street, Openshaw	Manchester	£102,625	4
M11 4FL	Ilford Street	Manchester	£104,000	3
M11 4NH	Stanton Street	Manchester	£105,142	7
M11 4WT	Tottington Street	Manchester	£105,166	3
M11 4ED	Barrington Street	Manchester	£107,500	5
M11 4TE	Stillwater Drive	Manchester	£109,000	3
M11 4FQ	Stockholm Street	Manchester	£110,000	3
M11 4LX	Second Avenue	Manchester	£111,000	3