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Failsworth House Prices Failsworth House Prices

The average house price in Failsworth is £218,083 using HM Land Registry data.

The average property price increased by £57,476 (35.62%) over the last 5 years and increased by £11,487 (5.54%) over the last 12 months.

Over the last year, there were 207 residential property sales – a decrease of 61 transactions (-29.47%) relative to the previous year. The majority of house sales (47) were in the £162,000 - £194,000 range. Then came properties in the £130,000 - £162,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,079 (-2%).

In April 2024, there were 39 new estate agency instructions, 35 agreed home sales and 15 property price reductions.

Neighbouring Areas: Oldham, Chadderton, Manchester

Postcodes Covered: M35, OL3, OL8, OL9

5-Year Average Property Prices in Failsworth

35.62%

Property prices in Failsworth increased by 35.62% 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 Failsworth Over the Last Year

5.54%

Property prices in Failsworth increased by 5.54% 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 Failsworth - April 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 Failsworth

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 Failsworth

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 Failsworth

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 Failsworth since 1995

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

Recent Property Sales in Failsworth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Holt Lane Mews, Failsworth, Manchester, Greater Manchester, M35 9QH£255,000£240,000-£15,00031 Jul 202315 Mar 2024228 Days
39 Stephenson Street, Failsworth, Manchester, Greater Manchester, M35 9AX£195,000£189,000-£6,00027 Oct 202329 Feb 2024125 Days
3 Wye Avenue, Failsworth, Manchester, Greater Manchester, M35 0FG£215,000£215,000£0012 Sep 202327 Feb 2024168 Days
191 Roman Road, Failsworth, Manchester, Greater Manchester, M35 9LP£179,950£177,000-£2,95018 May 202309 Feb 2024267 Days
7 Station Mews, Failsworth, Manchester, Greater Manchester, M35 0GY£109,950£105,000-£4,95007 Jul 202319 Dec 2023165 Days
18 Coronation Road, Failsworth, Manchester, Greater Manchester, M35 0LT£140,000£135,000-£5,00004 Sep 202318 Dec 2023105 Days
23 Burgess Drive, Failsworth, Manchester, Greater Manchester, M35 0EU£275,000£275,000£0008 Sep 202315 Dec 202398 Days
21 Woodford Road, Failsworth, Manchester, Greater Manchester, M35 9JU£220,000£220,000£0028 Jun 202315 Dec 2023170 Days
230 Ashton Road West, Failsworth, Manchester, Greater Manchester, M35 9PL£209,950£205,000-£4,95018 Jul 202308 Dec 2023143 Days
99 Wickentree Lane, Failsworth, Manchester, Greater Manchester, M35 9AY£160,000£160,000£0018 Aug 202304 Dec 2023108 Days
75 Shaw Head Drive, Failsworth, Manchester, Greater Manchester, M35 0SD£234,950£229,000-£5,95012 Sep 202304 Dec 202383 Days
39 Nursery Road, Failsworth, Manchester, Greater Manchester, M35 0RP£250,000£240,000-£10,00012 Aug 202317 Nov 202397 Days
11 Lancaster Avenue, Failsworth, Manchester, Greater Manchester, M35 0AP£160,000£155,000-£5,00025 Jul 202317 Nov 2023115 Days
29 Clayton Street, Failsworth, Manchester, Greater Manchester, M35 0EY£144,950£138,000-£6,95017 Nov 202215 Nov 2023363 Days
9 Argyll Park Road, Failsworth, Manchester, Greater Manchester, M35 9NE£209,950£209,950£0026 Jul 202325 Oct 202391 Days
64 Somerset Road, Failsworth, Manchester, Greater Manchester, M35 0WQ£240,000£239,000-£1,00018 May 202323 Oct 2023158 Days
24 Leicester Road, Failsworth, Manchester, Greater Manchester, M35 0GN£249,950£240,000-£9,95007 Jun 202313 Oct 2023128 Days
33 Prospect Drive, Failsworth, Manchester, Greater Manchester, M35 0WX£209,950£195,000-£14,95009 Jan 202313 Oct 2023277 Days
8 Whitewillow Close, Failsworth, Manchester, Greater Manchester, M35 9GG£389,950£360,000-£29,95017 Apr 202311 Oct 2023177 Days
53 Kew Road, Failsworth, Manchester, Greater Manchester, M35 9LB£239,950£230,000-£9,95001 Mar 202311 Oct 2023224 Days

Most Expensive Streets in Failsworth

PostcodeStreetAreaAverageNo. of Sales
M35 9FGGreen Meadow ViewFailsworth£580,03116
M35 0HFBrookdale StreetFailsworth£300,0003
M35 0GWLeicester RoadFailsworth£295,3163
M35 9GEWaterfield WayFailsworth£294,8754
M35 0TDSpring Valley WayFailsworth£293,50837
M35 0WGNorfolk CrescentFailsworth£286,9905
M35 9NZSilverbirch WayFailsworth£274,4874
M35 0TXGarden House CloseFailsworth£273,8527
M35 9QHHolt Lane MewsFailsworth£271,6663
M35 0SZTrinity DriveFailsworth£266,85221

Least Expensive Streets in Failsworth

PostcodeStreetAreaAverageNo. of Sales
M35 0DZHardman LaneFailsworth£96,2666
M35 0GYStation MewsFailsworth£99,9833
M35 0HEDovedale StreetFailsworth£100,6663
M35 9EBWesley StreetFailsworth£104,9833
M35 9AQWellington StreetFailsworth£114,0003
M35 0BFFrank StreetFailsworth£115,0003
M35 0HXJackson StreetFailsworth£116,6005
M35 0RJClough RoadFailsworth£118,6805
M35 0BEBeech StreetFailsworth£122,1493
M35 9QYBen Brierley WharfFailsworth£123,49015

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