Prestwich House Prices Prestwich House Prices

The average house price in Prestwich is £300,578 using HM Land Registry data.

The average property price increased by £74,106 (28.88%) over the last 5 years and increased by £14,849 (4.7%) over the last 12 months.

Over the last year, there were 270 residential property sales – a decrease of 88 transactions (-32.59%) relative to the previous year. The majority of house sales (75) were in the £230,000 - £290,000 range. Then came properties in the £290,000 - £350,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 103 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,301 (-3%).

In Dec 24, there were 20 new estate agency instructions, 35 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in Prestwich

28.88%

Property prices in Prestwich increased by 28.88% 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 Prestwich Over the Last Year

4.7%

Property prices in Prestwich increased by 4.7% 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 Prestwich - Dec 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 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 Prestwich

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 Prestwich

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 Prestwich

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 Prestwich since 1995

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

Recent Property Sales in Prestwich

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
91 Sandy Lane, Prestwich, Manchester, Greater Manchester, M25 9PS£315,000£315,000£0015 Feb 202421 Nov 2024280 Days
15 Balmoral Grange, Prestwich, Manchester, Greater Manchester, M25 0GZ£250,000£250,000£0024 Jun 202421 Nov 2024150 Days
35 Edgeware Avenue, Prestwich, Manchester, Greater Manchester, M25 0DW£295,000£292,000-£3,00018 Jul 202305 Nov 2024476 Days
36 Mountside Crescent, Prestwich, Manchester, Greater Manchester, M25 3JH£325,000£105,660-£219,34005 Dec 202328 Oct 2024328 Days
16 Fitzgerald Close, Prestwich, Manchester, Greater Manchester, M25 9TB£185,000£180,000-£5,00004 Dec 202328 Oct 2024329 Days
122 Lowther Road, Prestwich, Manchester, Greater Manchester, M25 9QP£315,000£310,000-£5,00008 Jul 202424 Oct 2024108 Days
178 St Anns Road, Prestwich, Manchester, Greater Manchester, M25 9QS£315,000£306,000-£9,00010 Jul 202424 Oct 2024106 Days
10 Newtown Street, Prestwich, Manchester, Greater Manchester, M25 1HU£260,000£260,000£0024 May 202418 Oct 2024147 Days
4 Polefield Grove, Prestwich, Manchester, Greater Manchester, M25 2NH£199,950£190,000-£9,95011 Aug 202318 Oct 2024434 Days
19 Newington Avenue, Manchester, Greater Manchester, M8 4LT£300,000£300,000£0009 Jul 202404 Oct 202487 Days
6 Stobart Avenue, Prestwich, Manchester, Greater Manchester, M25 0AJ£475,000£360,000-£115,00025 Oct 202302 Aug 2024282 Days
25 Russell Street, Prestwich, Manchester, Greater Manchester, M25 1EQ£275,000£275,000£0026 Jan 202431 Jul 2024187 Days
46 Clifton Road, Prestwich, Manchester, Greater Manchester, M25 3HQ£285,000£277,000-£8,00014 Mar 202426 Jul 2024134 Days
19 The Crescent, Prestwich, Manchester, Greater Manchester, M25 1FL£325,000£320,000-£5,00008 Feb 202426 Jul 2024169 Days
24 Leach Street, Prestwich, Manchester, Greater Manchester, M25 3JA£325,000£322,500-£2,50008 Apr 202422 Jul 2024105 Days
23 Willow Road, Prestwich, Manchester, Greater Manchester, M25 3AG£295,000£285,000-£10,00007 Mar 202422 Jul 2024137 Days
59 Ostrich Lane, Prestwich, Manchester, Greater Manchester, M25 1GN£215,000£188,000-£27,00006 Jun 201819 Jul 20242235 Days
24 Butt Hill Road, Prestwich, Manchester, Greater Manchester, M25 9NJ£430,000£430,000£0020 Nov 202319 Jul 2024242 Days
9 Prestwich Hills, Prestwich, Manchester, Greater Manchester, M25 9PY£385,000£375,000-£10,00001 Aug 202317 Jul 2024351 Days
6 Circular Road, Prestwich, Manchester, Greater Manchester, M25 9WF£320,000£320,000£0010 Nov 202308 Jul 2024241 Days

Most Expensive Streets in Prestwich

PostcodeStreetAreaAverageNo. of Sales
M25 0GNWells AvenuePrestwich£996,6663
M25 0FRCastle Hill RoadPrestwich£744,0005
M25 9GQShrewsbury RoadPrestwich£706,6663
M25 3DJGuest RoadPrestwich£650,0003
M25 0EQBury Old RoadPrestwich£618,3333
M25 3HRClifton RoadPrestwich£615,8333
M25 9ADSingleton DrivePrestwich£562,61113
M25 3EQPinfold DrivePrestwich£515,8336
M25 0AWScholes LanePrestwich£514,3754
M25 9PLButt Hill DrivePrestwich£513,3333

Least Expensive Streets in Prestwich

PostcodeStreetAreaAverageNo. of Sales
M25 9NUCrescent AvenuePrestwich£109,0004
M25 1JRRowan LeaPrestwich£116,6663
M25 0BECharlton CourtCharlton Avenue£120,94511
M25 3JRAshley CourtGreengate Lane£125,6666
M25 9SFLinks ViewPrestwich£126,2405
M25 9PUWellbankPrestwich£126,6666
M25 9PXBrentwood CourtLowther Road£134,03813
M25 9LBBelvedere CourtPrestwich£137,2163
M25 1GJZinc CourtLongfield Centre£144,3336
M25 1GZCedar CourtLongfield Centre£146,36311

Explore Prestwich and Neighbouring Area House Prices