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Milnrow House Prices Milnrow House Prices

The average house price in Milnrow is £125,125 using HM Land Registry data.

The average property price increased by £68,134 (46.86%) over the last 5 years and increased by £13,618 (6.81%) over the last 12 months.

Over the last year, there were 97 residential property sales – a decrease of 42 transactions (-43.30%) relative to the previous year. The majority of house sales (36) were in the £150,000 - £190,000 range. Then came properties in the £110,000 - £150,000 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 April 2024, there were 15 new estate agency instructions, 8 agreed home sales and 21 property price reductions.

Neighbouring Areas: Rochdale

Postcodes Covered: OL16

5-Year Average Property Prices in Milnrow

46.86%

Property prices in Milnrow increased by 46.86% 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

6.81%

Property prices in Milnrow increased by 6.81% 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 Milnrow - 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 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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
40 Woodlands Road, Milnrow, Rochdale, Greater Manchester, OL16 4EY£250,000£245,000-£5,00013 Sep 202328 Feb 2024168 Days
4 Lambourne Grove, Milnrow, Rochdale, Greater Manchester, OL16 4YA£300,000£300,000£0030 Sep 202328 Feb 2024151 Days
4 New Street, Milnrow, Rochdale, Greater Manchester, OL16 3PQ£140,000£135,000-£5,00017 Oct 202331 Jan 2024106 Days
47 Newhey Road, Milnrow, Rochdale, Greater Manchester, OL16 3NP£215,000£207,500-£7,50011 Jul 202312 Jan 2024185 Days
17 Pennine Drive, Milnrow, Rochdale, Greater Manchester, OL16 3DT£185,000£130,000-£55,00010 Jan 202015 Dec 20231435 Days
12 Equitable Street, Milnrow, Rochdale, Greater Manchester, OL16 4HD£150,000£150,000£0011 Aug 202311 Dec 2023122 Days
2 Stonefield Street, Milnrow, Rochdale, Greater Manchester, OL16 4HZ£140,000£127,500-£12,50025 May 202301 Dec 2023190 Days
40 Rochdale Road, Milnrow, Rochdale, Greater Manchester, OL16 3LN£110,000£105,000-£5,00009 May 202328 Nov 2023203 Days
121 Royds Street, Milnrow, Rochdale, Greater Manchester, OL16 3PR£160,000£156,000-£4,00007 Jul 202317 Nov 2023133 Days
11 Alexander Drive, Milnrow, Rochdale, Greater Manchester, OL16 3LY£425,000£420,000-£5,00008 Jun 202317 Nov 2023162 Days
2 Simeon Street, Milnrow, Rochdale, Greater Manchester, OL16 3LD£120,000£117,500-£2,50019 Apr 202315 Nov 2023210 Days
3 Kensington Close, Milnrow, Rochdale, Greater Manchester, OL16 3HJ£318,500£310,000-£8,50020 Sep 202220 Oct 2023395 Days
6 Turnough Road, Milnrow, Rochdale, Greater Manchester, OL16 3UT£170,000£165,000-£5,00007 Jun 202306 Oct 2023121 Days
8 Chipping Fold, Milnrow, Rochdale, Greater Manchester, OL16 4YD£345,000£332,500-£12,50011 Jan 202326 Sep 2023258 Days
62 Ashfield Lane, Milnrow, Rochdale, Greater Manchester, OL16 4EW£230,000£211,000-£19,00015 Jun 202322 Sep 202399 Days
60 Knowl Road, Rochdale, Greater Manchester, OL16 4BB£165,000£165,000£0025 May 202315 Sep 2023113 Days
22 Stanney Close, Milnrow, Rochdale, Greater Manchester, OL16 4BF£400,000£390,000-£10,00011 May 202311 Sep 2023123 Days
7 Field Road, Rochdale, Greater Manchester, OL16 4AZ£150,000£132,000-£18,00007 Mar 202308 Sep 2023185 Days
25 Halliwell Street, Milnrow, Rochdale, Greater Manchester, OL16 3LZ£170,000£170,000£0008 Feb 202301 Sep 2023205 Days
11 Westward Ho, Milnrow, Rochdale, Greater Manchester, OL16 3JX£195,000£180,000-£15,00016 Feb 202331 Aug 2023196 Days

Most Expensive Streets in Milnrow

PostcodeStreetAreaAverageNo. of Sales
OL16 4BUBuckley Hill LaneMilnrow£466,7857
OL16 4BFStanney CloseMilnrow£379,5004
OL16 3PJBotesworth GreenMilnrow£355,7504
OL16 4ARShepherds WayMilnrow£343,3905
OL16 4BDBuckley ChaseMilnrow£336,5005
OL16 3LYAlexander DriveMilnrow£331,6663
OL16 3UZCroft Head DriveMilnrow£274,9874
OL16 4YALambourne GroveMilnrow£264,6254
OL16 3XBStock GroveMilnrow£263,7504
OL16 3TYMilne GroveMilnrow£263,0003

Least Expensive Streets in Milnrow

PostcodeStreetAreaAverageNo. of Sales
OL16 4HPClifton StreetMilnrow£85,0003
OL16 3DNSchofield CloseMilnrow£92,1254
OL16 3BDRochdale RoadFirgrove£94,3995
OL16 4DRCrossley StreetMilnrow£101,1256
OL16 4DQWelbeck CloseMilnrow£102,5004
OL16 4EHLadyhouse LaneMilnrow£104,8333
OL16 3XATame Barn CloseMilnrow£108,3333
OL16 3EDHighfield RoadMilnrow£108,6663
OL16 3NSAlbert StreetMilnrow£110,0559
OL16 3JZMajor StreetMilnrow£115,9167

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