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House Prices in M16

The average house price in M16 (Manchester) is £225,583 using HM Land Registry data.

The average property price increased by £193,472 (20.5%) over the last 5 years and increased by £38,677 (3.21%) over the last 12 months.

Over the last year, there were 232 residential property sales – a decrease of 90 transactions (-38.79%) relative to the previous year. The majority of house sales (66) were in the £130,000 - £202,000 range. Then came properties in the £274,000 - £346,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,999 (-2%).

In June 2024, there were 65 new estate agency instructions, 24 agreed home sales and 29 property price reductions.

5-Year Average Property Prices in M16 (Manchester)

20.5%

Property prices in Manchester increased by 20.5% 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 M16 (Manchester) Over the Last Year

3.21%

Property prices in Manchester increased by 3.21% 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 M16 (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 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 M16 (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 M16 (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 M16 (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 M16 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M16 postcode area since 1995.

Recent Sales in M16 (Manchester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 Farwood Close, Manchester, Greater Manchester, M16 9DQ	£250,000	£225,000	-£25,000	04 Nov 2023	01 May 2024	179 Days
18 Beech Hurst Close, Whalley Range, Manchester, Greater Manchester, M16 8EP	£260,000	£245,000	-£15,000	24 Nov 2023	24 Apr 2024	152 Days
13 Shrewsbury Court, Manchester, Greater Manchester, M16 7NR	£215,000	£207,000	-£8,000	27 Oct 2023	08 Apr 2024	164 Days
22 Victoria Road, Whalley Range, Manchester, Greater Manchester, M16 8DP	£400,000	£150,000	-£250,000	10 Mar 2023	27 Mar 2024	383 Days
70 Manley Road, Manchester, Greater Manchester, M16 8ND	£630,000	£608,000	-£22,000	10 Nov 2023	27 Mar 2024	138 Days
70 Worthington Street, Old Trafford, Manchester, Greater Manchester, M16 9LA	£200,000	£195,000	-£5,000	28 Nov 2023	26 Mar 2024	119 Days
48 Plainsfield Street, Manchester, Greater Manchester, M16 7HB	£145,995	£141,500	-£4,495	30 Oct 2023	21 Mar 2024	143 Days
12 Caistor Close, Manchester, Greater Manchester, M16 8NW	£285,000	£283,000	-£2,000	20 Oct 2023	13 Mar 2024	145 Days
Flat 11, Queens Court, Manchester Road, Manchester, Greater Manchester, M16 0EA	£230,000	£230,000	£00	16 Nov 2023	11 Mar 2024	116 Days
6 Warwick Road South, Manchester, Greater Manchester, M16 0GZ	£250,000	£134,000	-£116,000	19 Apr 2023	28 Feb 2024	315 Days
14 Wellington Avenue, Manchester, Greater Manchester, M16 8JG	£300,000	£290,000	-£10,000	23 Oct 2023	16 Feb 2024	116 Days
50 Carlton Street, Manchester, Greater Manchester, M16 7GT	£189,950	£90,000	-£99,950	24 Apr 2013	09 Feb 2024	3943 Days
90 Rye Bank Road, Firswood, Manchester, Greater Manchester, M16 0EY	£450,000	£440,000	-£10,000	06 Oct 2023	29 Jan 2024	115 Days
238 Upper Chorlton Road, Manchester, Greater Manchester, M16 0BJ	£675,000	£675,000	£00	23 Aug 2023	29 Jan 2024	159 Days
2 Fulford Street, Manchester, Greater Manchester, M16 9PU	£300,000	£298,300	-£1,700	08 Oct 2023	26 Jan 2024	110 Days
56 Manley Road, Manchester, Greater Manchester, M16 8HP	£575,000	£525,000	-£50,000	08 Aug 2023	19 Jan 2024	164 Days
105 Northumberland Road, Manchester, Greater Manchester, M16 9PY	£435,000	£432,500	-£2,500	06 Oct 2023	12 Jan 2024	98 Days
23 Stratton Road, Manchester, Greater Manchester, M16 0BD	£425,000	£421,500	-£3,500	06 Sep 2023	12 Jan 2024	128 Days
Flat 14, Crystal House, Withington Road, Manchester, Greater Manchester, M16 8BA	£125,000	£125,000	£00	04 May 2023	19 Dec 2023	229 Days
45 Leighton Road, Manchester, Greater Manchester, M16 9WU	£350,000	£350,000	£00	01 Jul 2023	15 Dec 2023	167 Days

Most Expensive Streets in M16 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M16 9RE	Green Walk	Manchester	£655,708	3
M16 9RF	Green Walk	Manchester	£654,500	4
M16 8WS	Holwood Drive	Manchester	£576,666	3
M16 8WX	Wardley Avenue	Manchester	£521,708	3
M16 0DR	Chatham Road, Old Trafford	Manchester	£521,600	5
M16 0AA	College Road	Manchester	£505,667	3
M16 9PQ	St Hildas Road, Old Trafford	Manchester	£483,483	6
M16 8NR	Kingsbrook Road	Manchester	£477,400	5
M16 8NL	Nettleford Road	Manchester	£460,166	6
M16 8EW	Burford Road	Manchester	£458,750	4

Least Expensive Streets in M16 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M16 0PE	Talbot Road, Old Trafford	Manchester	£71,700	4
M16 9QL	Chester Road, Old Trafford	Manchester	£87,430	31
M16 9GZ	Manchester Street	Manchester	£97,590	5
M16 9QN	Chester Road, Old Trafford	Manchester	£111,160	14
M16 8LA	Clarendon Road	Manchester	£115,000	4
M16 7BU	Alexandra Road	Manchester	£116,583	6
M16 9QX	Chester Road, Old Trafford	Manchester	£122,527	4
M16 9HW	Brindley Road	Manchester	£124,057	7
M16 8DA	Dudley Court, Carlton Road	Manchester	£124,333	3
M16 8BA	Crystal House, Withington Road	Manchester	£125,594	19