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House Prices in M3

The average house price in M3 (Manchester) is £237,714 using HM Land Registry data.

The average property price increased by £58,144 (1890.62%) over the last 5 years and increased by £11,624 (21.03%) over the last 12 months.

Over the last year, there were 194 residential property sales – a decrease of 194 transactions (-100.00%) relative to the previous year. The majority of house sales (40) were in the £204,000 - £246,000 range. Then came properties in the £162,000 - £204,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 131 days to sell (from being listed to completion) and the average difference between asking and sold prices is £0 (0%).

In June 2024, there were 87 new estate agency instructions, 37 agreed home sales and 78 property price reductions.

5-Year Average Property Prices in M3 (Manchester)

1890.62%

Property prices in Manchester increased by 1890.62% 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 M3 (Manchester) Over the Last Year

21.03%

Property prices in Manchester increased by 21.03% 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 M3 (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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 M3 (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 M3 (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 M3 (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 M3 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M3 postcode area since 1995.

Recent Sales in M3 (Manchester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
12 Brotherton Drive, Salford, Greater Manchester, M3 6BH	£174,000	£174,000	£00	20 Oct 2023	08 Apr 2024	171 Days
Flat 29, Trinity Court, Cleminson Street, Salford, Greater Manchester, M3 6DX	£185,000	£180,000	-£5,000	15 Aug 2023	28 Mar 2024	226 Days
Apartment 24, Central Court, Melville Street, Salford, Greater Manchester, M3 6DH	£130,000	£130,000	£00	26 Jul 2023	12 Jan 2024	170 Days
2 Picton Close, Salford, Greater Manchester, M3 6BE	£290,000	£285,000	-£5,000	03 May 2023	12 Dec 2023	223 Days
Apartment 228, Quebec Building, Bury Street, Salford, Greater Manchester, M3 7DU	£170,000	£155,963	-£14,037	17 May 2023	30 Nov 2023	197 Days
Flat 33, Trinity Court, Cleminson Street, Salford, Greater Manchester, M3 6DX	£179,950	£175,000	-£4,950	25 Jul 2023	29 Nov 2023	127 Days
69 Rozel Square, Manchester, Greater Manchester, M3 4FQ	£192,500	£190,000	-£2,500	12 Jul 2023	10 Nov 2023	121 Days
Flat 10, Trinity Court, Cleminson Street, Salford, Greater Manchester, M3 6DX	£175,000	£175,000	£00	06 Mar 2023	24 Oct 2023	232 Days
2 West King Street, Salford, Greater Manchester, M3 6BD	£270,000	£265,000	-£5,000	02 Aug 2023	13 Oct 2023	72 Days
Flat 37, Model Lodging House, Bloom Street, Salford, Greater Manchester, M3 6AJ	£310,000	£302,000	-£8,000	28 Nov 2022	04 Oct 2023	310 Days
Flat 21, Trinity Court, Cleminson Street, Salford, Greater Manchester, M3 6DX	£175,000	£175,000	£00	20 Feb 2023	29 Sep 2023	221 Days
Apartment 219, Quebec Building, Bury Street, Salford, Greater Manchester, M3 7DY	£150,000	£150,000	£00	19 Apr 2023	28 Sep 2023	162 Days
Apartment 45, Central Court, Melville Street, Salford, Greater Manchester, M3 6DH	£229,950	£225,000	-£4,950	22 May 2023	28 Sep 2023	129 Days
Apartment 509, Quebec Building, Bury Street, Salford, Greater Manchester, M3 7DX	£175,000	£170,000	-£5,000	26 Dec 2022	18 Sep 2023	266 Days
18 Rozel Square, Manchester, Greater Manchester, M3 4FQ	£300,000	£290,000	-£10,000	10 Nov 2022	07 Sep 2023	301 Days
Apartment 20, Block 1 Spectrum, Blackfriars Road, Salford, Greater Manchester, M3 7BJ	£110,000	£110,000	£00	03 Nov 2022	09 Aug 2023	279 Days
Flat 14, Grey Friar Court, Bridgewater Street, Salford, Greater Manchester, M3 7LB	£115,000	£108,000	-£7,000	03 Aug 2022	24 Jul 2023	355 Days
22 Brotherton Drive, Salford, Greater Manchester, M3 6BH	£170,000	£170,000	£00	07 Sep 2022	19 Jun 2023	285 Days
127e, Liverpool Road, Manchester, Greater Manchester, M3 4JN	£240,000	£232,000	-£8,000	08 Feb 2023	01 Jun 2023	113 Days
13 Rozel Square, Manchester, Greater Manchester, M3 4FQ	£210,000	£210,000	£00	17 Oct 2022	31 Mar 2023	165 Days

Most Expensive Streets in M3 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M3 4DA	St John Street	Manchester	£758,750	4
M3 3AH	Leftbank	Manchester	£557,500	4
M3 6AY	St Stephen Street, Salford	Manchester	£484,166	6
M3 4LU	Deansgate	Manchester	£468,375	4
M3 7FE	Senior Lane, Salford	Manchester	£454,333	3
M3 7FF	Sandywell Lane, Salford	Manchester	£421,666	3
M3 6GQ	Sterling Avenue, Salford	Manchester	£420,928	14
M3 6FB	St Philips Square, Salford	Manchester	£401,125	4
M3 7FJ	Garden Lane, Salford	Manchester	£388,130	4
M3 6EA	Cleminson Street, Salford	Manchester	£378,590	11

Least Expensive Streets in M3 (Manchester)

Postcode	Street	Area	Average	No. of Sales
M3 5JZ	Chapel Street, Salford	Manchester	£53,750	4
M3 6DD	X1 Town Hall, Bexley Square	Manchester	£77,900	5
M3 7JY	Riverbank Tower, Bridgewater Street, Salford	Manchester	£102,666	3
M3 7NB	Greengate, Salford	Manchester	£108,307	13
M3 6WE	The Royal, Wilton Place	Manchester	£111,071	7
M3 6EN	Adelphi Street, Salford	Manchester	£116,870	4
M3 7ND	Greengate, Salford	Manchester	£121,005	19
M3 6GJ	Adelphi Street, Salford	Manchester	£124,998	3
M3 6GN	Adelphi Street, Salford	Manchester	£127,495	3
M3 6AF	Chapel Street, Salford	Manchester	£130,000	3