Manchester House Prices Manchester House Prices

The average house price in Manchester is £254,774 using HM Land Registry data.

The average property price increased by £77,203 (34.61%) over the last 5 years and increased by £15,434 (5.42%) over the last 12 months.

Over the last year, there were 3,052 residential property sales – a decrease of 1,531 transactions (-50.16%) relative to the previous year. The majority of house sales (778) were in the £194,000 - £258,000 range. Then came properties in the £130,000 - £194,000 range, where 768 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,495 (-2%).

In Oct 24, there were 671 new estate agency instructions, 579 agreed home sales and 481 property price reductions.

5-Year Average Property Prices in Manchester

34.61%

Property prices in Manchester increased by 34.61% 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 Manchester Over the Last Year

5.42%

Property prices in Manchester increased by 5.42% 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 Manchester - Oct 24

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 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 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 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 Manchester since 1995

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

Recent Property Sales in Manchester

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Haydn Avenue, Manchester, Greater Manchester, M14 4DL£260,000£245,000-£15,00014 Mar 202419 Aug 2024158 Days
26 Arbor Avenue, Manchester, Greater Manchester, M19 1EX£260,000£260,000£0003 May 202419 Aug 2024108 Days
33 Cranwell Drive, Manchester, Greater Manchester, M19 1NE£300,000£295,000-£5,00029 Feb 202416 Aug 2024169 Days
7a, Moorton Avenue, Manchester, Greater Manchester, M19 2NQ£70,000£64,000-£6,00009 Jan 202416 Aug 2024220 Days
Flat 50, Beech House, The Beeches, Manchester, Greater Manchester, M20 2AH£170,000£170,000£0012 Apr 202416 Aug 2024126 Days
45 Hardy Lane, Manchester, Greater Manchester, M21 7JY£325,000£320,000-£5,00019 Feb 202415 Aug 2024178 Days
6 Lea Drive, Manchester, Greater Manchester, M9 7AR£170,000£167,000-£3,00026 May 202409 Aug 202475 Days
400 Hollinwood Avenue, Manchester, Greater Manchester, M40 0JD£175,000£175,000£0002 May 202409 Aug 202499 Days
19 Amherst Road, Manchester, Greater Manchester, M14 6UR£585,000£567,500-£17,50008 Apr 202409 Aug 2024123 Days
63 Ilford Street, Manchester, Greater Manchester, M11 4FL£170,000£168,500-£1,50005 Apr 202409 Aug 2024126 Days
25 Capital Road, Manchester, Greater Manchester, M11 1JZ£205,000£190,000-£15,00006 Feb 202409 Aug 2024185 Days
13 Beechwood Avenue, Manchester, Greater Manchester, M21 8UA£550,000£530,000-£20,00005 Mar 202409 Aug 2024157 Days
6 Oakham Avenue, Manchester, Greater Manchester, M20 1LR£295,000£280,000-£15,00025 Mar 202409 Aug 2024137 Days
68 Finchley Road, Manchester, Greater Manchester, M14 6EW£310,000£306,000-£4,00021 Mar 202407 Aug 2024139 Days
17 Quilter Grove, Manchester, Greater Manchester, M9 8DE£228,000£208,000-£20,00012 Oct 202302 Aug 2024295 Days
915 Kingsway, Manchester, Greater Manchester, M20 5NU£385,000£374,000-£11,00020 Mar 202402 Aug 2024135 Days
8 Aysgarth Avenue, Manchester, Greater Manchester, M18 8RA£240,000£240,000£0030 Oct 202301 Aug 2024276 Days
50 Walton Hall Drive, Manchester, Greater Manchester, M19 3WH£250,000£245,000-£5,00023 Feb 202401 Aug 2024160 Days
35 Vicker Grove, Manchester, Greater Manchester, M20 1LJ£330,000£317,500-£12,50017 Apr 202401 Aug 2024106 Days
29 Audley Road, Manchester, Greater Manchester, M19 3EG£185,000£182,500-£2,50026 Feb 202431 Jul 2024156 Days

Most Expensive Streets in Manchester

PostcodeStreetAreaAverageNo. of Sales
M20 6BHBelfield RoadManchester£1,421,6663
M20 6XDElm RoadManchester£1,291,2504
M20 6UYPine RoadManchester£1,195,0003
M15 4TXOwen StreetManchester£1,100,03714
M20 6BBMoorland RoadManchester£966,3005
M20 6BPClothorn RoadManchester£949,2504
M20 2QXVictoria AvenueDidsbury£945,0003
M20 2BNBloomesbury AvenueManchester£910,99615
M20 2QULancaster RoadManchester£907,0005
M21 0THChandos Road SouthManchester£888,6666

Least Expensive Streets in Manchester

PostcodeStreetAreaAverageNo. of Sales
M9 8DROld School DriveManchester£41,0008
M8 4NPHolland RoadManchester£56,8339
M20 4NEMauldeth RoadManchester£61,5008
M9 7HQFreshfieldsSpindletree Avenue£63,75412
M9 0RTWindsor HouseKingsmead Mews£64,1663
M8 8BSWellmead CloseManchester£67,4378
M13 0NNBirch LaneManchester£72,8005
M9 5UNVentnor StreetManchester£74,0003
M8 0WPCardinal StreetManchester£75,6663
M18 7JBBowling RoadManchester£76,1254

Explore Manchester and Neighbouring Area House Prices