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House Prices in M40 House Prices in M40 (Manchester)

The average house price in M40 (Manchester) is £203,195 using HM Land Registry data.

The average property price increased by £58,097 (88.23%) over the last 5 years and increased by £11,640 (9.38%) over the last 12 months.

Over the last year, there were 242 residential property sales – a decrease of 101 transactions (-41.74%) relative to the previous year. The majority of house sales (66) were in the £156,000 - £192,000 range. Then came properties in the £120,000 - £156,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 181 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,792 (-2%).

In February 2025, there were 47 new estate agency instructions, 40 agreed home sales and 15 property price reductions.

Nearby Postcodes: , BL5, BL9, M1, M11, M12, M13, M17, M18, M19, M2, M22, M24, M25, M26, M27, M29, M3, M30, M31, M32, M33, M34, M35, M4, M41, M43, M44, M45, M46, M60, M61, M7, M8, M9, M90, M99, OL1, OL10, OL11, OL2, OL7, OL8, OL9, OL95, SK9, WA15, WA3, WN7

5-Year Average Property Prices in M40 (Manchester)

88.23%

Property prices in M40 (Manchester) increased by 88.23% 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 M40 (Manchester) Over the Last Year

9.38%

Property prices in M40 (Manchester) increased by 9.38% 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 M40 (Manchester) - February 2025

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 M40 (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 M40 (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 M40 (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 M40 (Manchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the M40 postcode area since 1995.

Recent Sales in M40 (Manchester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
43 Hulmes Road, Manchester, Greater Manchester, M40 1GP£375,000£375,000£024 May 202424 Jan 2025245 Days
37 Chauncy Road, New Moston, Manchester, Greater Manchester, M40 3GG£275,000£250,000-£25,00007 Aug 202410 Jan 2025156 Days
3 The Links, Manchester, Greater Manchester, M40 3NT£200,000£200,000£030 Aug 202419 Dec 2024111 Days
20 Parkhurst Avenue, Manchester, Greater Manchester, M40 3QW£200,000£190,000-£10,00007 Sep 202418 Dec 2024102 Days
26 Ruth Avenue, Manchester, Greater Manchester, M40 3GN£160,000£160,000£025 Jul 202418 Dec 2024146 Days
3 Gainford Gardens, Manchester, Greater Manchester, M40 5GJ£255,000£250,000-£5,00021 Oct 202417 Dec 202457 Days
9 Berry Brow, Manchester, Greater Manchester, M40 1QR£190,000£190,000£031 Jul 202413 Dec 2024135 Days
19 Onslow Avenue, Manchester, Greater Manchester, M40 3PW£260,000£260,000£029 May 202429 Nov 2024184 Days
6 St Margarets Road, Manchester, Greater Manchester, M40 0JE£220,000£220,000£010 May 202429 Nov 2024203 Days
71 Nuthurst Road, Manchester, Greater Manchester, M40 0EW£120,000£120,000£006 Sep 202428 Nov 202483 Days
19 Ilfracombe Street, Manchester, Greater Manchester, M40 1NR£150,000£150,000£019 Sep 202422 Nov 202464 Days
53 Heppleton Road, Manchester, Greater Manchester, M40 3LW£220,000£220,000£012 Jun 202422 Nov 2024163 Days
17 Morse Road, Manchester, Greater Manchester, M40 2SZ£190,000£175,000-£15,00001 Mar 202419 Nov 2024263 Days
9 Shelley Street, Manchester, Greater Manchester, M40 0AS£190,000£185,000-£5,00020 Aug 202418 Nov 202490 Days
10 Muirfield Close, Manchester, Greater Manchester, M40 3ND£190,000£190,000£010 May 202405 Nov 2024179 Days
14 Worthington Street, Moston, Manchester, Greater Manchester, M40 0BB£190,000£185,500-£4,50016 Jul 202401 Nov 2024108 Days
29 Nevin Road, Manchester, Greater Manchester, M40 3PE£180,000£178,000-£2,00022 Jul 202430 Oct 2024100 Days
10 Wharfedale Avenue, Manchester, Greater Manchester, M40 9PJ£240,000£235,000-£5,00024 Jun 202429 Oct 2024127 Days
34 Parkleigh Drive, Manchester, Greater Manchester, M40 3RY£260,000£250,000-£10,00004 May 202428 Oct 2024177 Days
132 The Fairway, Manchester, Greater Manchester, M40 3WT£260,000£260,000£030 May 202418 Oct 2024141 Days

Most Expensive Streets in M40 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M40 3AWBoar Green CloseManchester£341,2504
M40 0ADMerridale RoadManchester£317,6666
M40 1QQWindsor Road, Newton HeathManchester£317,3754
M40 3RWNorthfield RoadManchester£315,0003
M40 7BAStracey StreetManchester£313,7254
M40 7WJWinstanley RoadManchester£302,72514
M40 3RQParkfield Road NorthManchester£302,6258
M40 0GNRimsdale DriveManchester£294,05010
M40 7RWKingsheath StreetManchester£290,1069
M40 7PABothwell RoadManchester£287,5667

Least Expensive Streets in M40 (Manchester)

PostcodeStreetAreaAverageNo. of Sales
M40 0GFBlueberry AvenueManchester£98,8005
M40 1NXLeng RoadManchester£100,8333
M40 1LEScotland StreetManchester£100,8333
M40 3AYIvy Graham CloseManchester£101,6663
M40 1PGRossington StreetManchester£105,1269
M40 7LJLower Vickers StreetManchester£105,4005
M40 2AQPartington StreetManchester£107,0003
M40 8NTSilchester DriveManchester£111,4166
M40 1QBCrosby RoadManchester£112,3624
M40 9LLStovell Road, MostonManchester£112,5005

Explore M40 (Manchester) using map

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