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Milnrow House Prices

The average house price in Milnrow is £238,666 using HM Land Registry data.

The average property price increased by £66,611 (45.02%) over the last 5 years and increased by £13,316 (6.62%) over the last 12 months.

Over the last year, there were 94 residential property sales – a decrease of 47 transactions (-50.00%) relative to the previous year. The majority of house sales (26) were in the £156,000 - £192,000 range. Then came properties in the £120,000 - £156,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 31 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,832 (-2%).

In June 2024, there were 15 new estate agency instructions, 9 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in Milnrow

45.02%

Property prices in Milnrow increased by 45.02% 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 Milnrow Over the Last Year

6.62%

Property prices in Milnrow increased by 6.62% 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 Milnrow - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Milnrow

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 Milnrow

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 Milnrow

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 Milnrow since 1995

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

Recent Property Sales in Milnrow

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
24 Egremont Road, Milnrow, Rochdale, Greater Manchester, OL16 4EP	£200,000	£195,000	-£5,000	22 Nov 2023	14 May 2024	174 Days
14 Townley Road, Milnrow, Rochdale, Greater Manchester, OL16 3EN	£200,000	£200,000	£00	24 Apr 2023	03 May 2024	375 Days
4 Slaidburn Close, Milnrow, Rochdale, Greater Manchester, OL16 4YE	£375,000	£375,000	£00	20 Dec 2023	26 Apr 2024	128 Days
1 Pearson Close, Milnrow, Rochdale, Greater Manchester, OL16 3UL	£310,000	£310,000	£00	01 Feb 2024	26 Apr 2024	85 Days
40 Woodlands Road, Milnrow, Rochdale, Greater Manchester, OL16 4EY	£250,000	£245,000	-£5,000	13 Sep 2023	28 Feb 2024	168 Days
4 Lambourne Grove, Milnrow, Rochdale, Greater Manchester, OL16 4YA	£300,000	£300,000	£00	30 Sep 2023	28 Feb 2024	151 Days
4 New Street, Milnrow, Rochdale, Greater Manchester, OL16 3PQ	£140,000	£135,000	-£5,000	17 Oct 2023	31 Jan 2024	106 Days
3 Weir Road, Milnrow, Rochdale, Greater Manchester, OL16 3UX	£240,000	£225,000	-£15,000	11 May 2023	31 Jan 2024	265 Days
Kiln Bank, Kiln Lane, Milnrow, Rochdale, Greater Manchester, OL16 3JF	£250,000	£230,000	-£20,000	22 Feb 2023	31 Jan 2024	343 Days
3 Laneside Walk, Milnrow, Rochdale, Greater Manchester, OL16 3UW	£245,000	£235,000	-£10,000	01 Aug 2023	26 Jan 2024	178 Days
47 Newhey Road, Milnrow, Rochdale, Greater Manchester, OL16 3NP	£215,000	£207,500	-£7,500	11 Jul 2023	12 Jan 2024	185 Days
5 Collier Avenue, Milnrow, Rochdale, Greater Manchester, OL16 3UY	£220,000	£210,000	-£10,000	21 Sep 2023	05 Jan 2024	106 Days
17 Pennine Drive, Milnrow, Rochdale, Greater Manchester, OL16 3DT	£185,000	£130,000	-£55,000	10 Jan 2020	15 Dec 2023	1435 Days
12 Equitable Street, Milnrow, Rochdale, Greater Manchester, OL16 4HD	£150,000	£150,000	£00	11 Aug 2023	11 Dec 2023	122 Days
2 Stonefield Street, Milnrow, Rochdale, Greater Manchester, OL16 4HZ	£140,000	£127,500	-£12,500	25 May 2023	01 Dec 2023	190 Days
18 Severn Drive, Milnrow, Rochdale, Greater Manchester, OL16 3ET	£289,000	£280,000	-£9,000	01 Aug 2023	01 Dec 2023	122 Days
31 Butterworth Hall, Milnrow, Rochdale, Greater Manchester, OL16 3PE	£225,000	£221,000	-£4,000	19 Jul 2023	01 Dec 2023	135 Days
40 Rochdale Road, Milnrow, Rochdale, Greater Manchester, OL16 3LN	£110,000	£105,000	-£5,000	09 May 2023	28 Nov 2023	203 Days
121 Royds Street, Milnrow, Rochdale, Greater Manchester, OL16 3PR	£160,000	£156,000	-£4,000	07 Jul 2023	17 Nov 2023	133 Days
11 Alexander Drive, Milnrow, Rochdale, Greater Manchester, OL16 3LY	£425,000	£420,000	-£5,000	08 Jun 2023	17 Nov 2023	162 Days

Most Expensive Streets in Milnrow

Postcode	Street	Area	Average	No. of Sales
OL16 4BU	Buckley Hill Lane	Milnrow	£466,785	7
OL16 4BF	Stanney Close	Milnrow	£379,500	4
OL16 4YE	Slaidburn Close	Milnrow	£366,666	3
OL16 3PJ	Botesworth Green	Milnrow	£359,333	3
OL16 4AR	Shepherds Way	Milnrow	£343,390	5
OL16 4BD	Buckley Chase	Milnrow	£336,500	5
OL16 3LY	Alexander Drive	Milnrow	£331,666	3
OL16 3UZ	Croft Head Drive	Milnrow	£275,990	5
OL16 3HN	Kiln Lane	Milnrow	£274,166	3
OL16 4YA	Lambourne Grove	Milnrow	£264,625	4

Least Expensive Streets in Milnrow

Postcode	Street	Area	Average	No. of Sales
OL16 4HP	Clifton Street	Milnrow	£85,000	3
OL16 3BD	Rochdale Road	Firgrove	£94,399	5
OL16 3DN	Schofield Close	Milnrow	£98,833	3
OL16 4DR	Crossley Street	Milnrow	£101,125	6
OL16 4DQ	Welbeck Close	Milnrow	£102,500	4
OL16 4EH	Ladyhouse Lane	Milnrow	£104,833	3
OL16 3XA	Tame Barn Close	Milnrow	£108,333	3
OL16 3JZ	Major Street	Milnrow	£115,916	7
OL16 3NS	Albert Street	Milnrow	£115,944	9
OL16 4BG	Willows Lane	Rochdale	£119,000	3