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Prestwich House Prices

The average house price in Prestwich is £303,256 using HM Land Registry data.

The average property price increased by £95,094 (40.36%) over the last 5 years and increased by £19,005 (6.1%) over the last 12 months.

Over the last year, there were 281 residential property sales – a decrease of 125 transactions (-44.48%) relative to the previous year. The majority of house sales (71) were in the £268,000 - £332,000 range. Then came properties in the £204,000 - £268,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 88 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,888 (-3%).

In April 2024, there were 44 new estate agency instructions, 29 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in Prestwich

40.36%

Property prices in Prestwich increased by 40.36% 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

6.1%

Property prices in Prestwich increased by 6.1% 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 Prestwich - 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 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

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
50 Polefield Circle, Prestwich, Manchester, Greater Manchester, M25 2WP	£180,000	£180,000	£00	10 Aug 2023	23 Feb 2024	197 Days
5 Egerton Street, Prestwich, Manchester, Greater Manchester, M25 1FS	£285,000	£272,500	-£12,500	14 Sep 2023	22 Feb 2024	161 Days
6 Park Avenue, Prestwich, Manchester, Greater Manchester, M25 1EW	£450,000	£450,000	£00	12 Sep 2023	16 Feb 2024	157 Days
18 The Meadows, Prestwich, Manchester, Greater Manchester, M25 1DT	£215,000	£215,000	£00	30 Oct 2023	14 Feb 2024	107 Days
106 Windsor Road, Prestwich, Manchester, Greater Manchester, M25 0DF	£340,000	£335,000	-£5,000	06 Oct 2023	22 Jan 2024	108 Days
16 Polefield Gardens, Prestwich, Manchester, Greater Manchester, M25 2NW	£225,000	£215,500	-£9,500	27 Jun 2023	18 Dec 2023	174 Days
17 Lynmouth Court, Prestwich, Manchester, Greater Manchester, M25 9TL	£239,950	£228,600	-£11,350	17 Jul 2023	14 Dec 2023	150 Days
73 Merton Road, Prestwich, Manchester, Greater Manchester, M25 1PL	£270,000	£260,000	-£10,000	02 Dec 2023	13 Dec 2023	11 Days
17 Heys Road, Prestwich, Manchester, Greater Manchester, M25 1JZ	£310,000	£300,000	-£10,000	04 Aug 2023	12 Dec 2023	130 Days
11 Windsor Road, Prestwich, Manchester, Greater Manchester, M25 0DZ	£425,000	£412,000	-£13,000	13 Jul 2023	11 Dec 2023	151 Days
16 St Marys Road, Prestwich, Manchester, Greater Manchester, M25 1AP	£1,175,000	£925,000	-£250,000	09 Jun 2023	08 Dec 2023	182 Days
3 Laburnum Grove, Prestwich, Manchester, Greater Manchester, M25 3DW	£375,000	£360,000	-£15,000	24 Aug 2023	06 Dec 2023	104 Days
9 Woodward Road, Prestwich, Manchester, Greater Manchester, M25 9TX	£250,000	£240,000	-£10,000	16 Aug 2023	04 Dec 2023	110 Days
36 Scott Road, Prestwich, Manchester, Greater Manchester, M25 9GN	£285,000	£285,000	£00	20 Apr 2023	29 Nov 2023	223 Days
Flat 47, Brentwood Court, Lowther Road, Prestwich, Manchester, Greater Manchester, M25 9PX	£185,000	£180,000	-£5,000	20 Apr 2023	10 Nov 2023	204 Days
5 St Marys Road, Prestwich, Manchester, Greater Manchester, M25 1AQ	£450,000	£450,000	£00	21 Jun 2023	06 Nov 2023	138 Days
1 Nursery Road, Prestwich, Manchester, Greater Manchester, M25 3EW	£700,000	£650,000	-£50,000	11 May 2023	02 Nov 2023	175 Days
30 Craigwell Road, Prestwich, Manchester, Greater Manchester, M25 0FE	£450,000	£447,500	-£2,500	28 Apr 2023	01 Nov 2023	187 Days
43 Polefield Hall Road, Prestwich, Manchester, Greater Manchester, M25 2WN	£240,000	£236,000	-£4,000	13 Jul 2023	27 Oct 2023	106 Days
3 Carver Avenue, Prestwich, Manchester, Greater Manchester, M25 1GA	£550,000	£547,250	-£2,750	22 Mar 2023	27 Oct 2023	219 Days

Most Expensive Streets in Prestwich

Postcode	Street	Area	Average	No. of Sales
M25 0BN	Sheepfoot Lane	Prestwich	£1,088,500	3
M25 0FR	Castle Hill Road	Prestwich	£699,285	7
M25 3DL	Guest Road	Prestwich	£650,833	3
M25 3DJ	Guest Road	Prestwich	£650,000	3
M25 0EQ	Bury Old Road	Prestwich	£618,333	3
M25 9GQ	Shrewsbury Road	Prestwich	£603,750	4
M25 9AD	Singleton Drive	Prestwich	£562,611	13
M25 3EQ	Pinfold Drive	Prestwich	£516,428	7
M25 9PL	Butt Hill Drive	Prestwich	£513,333	3
M25 3EN	Nursery Road	Prestwich	£505,833	3

Least Expensive Streets in Prestwich

Postcode	Street	Area	Average	No. of Sales
M25 9NU	Crescent Avenue	Prestwich	£107,200	5
M25 0LX	Albert Avenue	Prestwich	£115,000	4
M25 9SF	Links View	Prestwich	£122,840	5
M25 3JR	Ashley Court	Greengate Lane	£125,666	6
M25 9PU	Wellbank	Prestwich	£126,666	6
M25 9PX	Brentwood Court	Lowther Road	£129,571	14
M25 0BE	Charlton Court	Charlton Avenue	£129,933	9
M25 1GJ	Zinc Court	Longfield Centre	£135,200	5
M25 9LB	Belvedere Court	Prestwich	£136,037	4
M25 1GZ	Cedar Court	Longfield Centre	£142,688	13