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Stretford House Prices Stretford House Prices

The average house price in Stretford is £364,200 using HM Land Registry data.

The average property price increased by £75,512 (34.03%) over the last 5 years and increased by £15,092 (5.35%) over the last 12 months.

Over the last year, there were 214 residential property sales – a decrease of 117 transactions (-54.67%) relative to the previous year. The majority of house sales (63) were in the £220,000 - £270,000 range. Then came properties in the £270,000 - £320,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,400 (-1%).

In April 2024, there were 31 new estate agency instructions, 25 agreed home sales and 16 property price reductions.

Neighbouring Areas: Manchester, Old Trafford, Urmston

Postcodes Covered: M16, M32, M41

5-Year Average Property Prices in Stretford

34.03%

Property prices in Stretford increased by 34.03% 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 Stretford Over the Last Year

5.35%

Property prices in Stretford increased by 5.35% 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 Stretford - 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 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 Stretford

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 Stretford

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 Stretford

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 Stretford since 1995

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

Recent Property Sales in Stretford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Gorse Avenue, Stretford, Manchester, Greater Manchester, M32 0UL£300,000£285,000-£15,00015 Sep 202314 Feb 2024152 Days
118 Cromwell Road, Stretford, Manchester, Greater Manchester, M32 8QL£375,000£360,500-£14,50009 Aug 202305 Feb 2024180 Days
16 Maple Avenue, Stretford, Manchester, Greater Manchester, M32 8HY£340,000£330,000-£10,00003 Dec 202219 Jan 2024412 Days
121 Derbyshire Lane, Stretford, Manchester, Greater Manchester, M32 8DG£499,999£470,000-£29,99903 Jul 202312 Jan 2024193 Days
43 Leyburn Avenue, Stretford, Manchester, Greater Manchester, M32 8DZ£360,000£355,000-£5,00005 Aug 202312 Jan 2024160 Days
16 Ryecroft Road, Stretford, Manchester, Greater Manchester, M32 9BU£300,000£275,000-£25,00018 Oct 202312 Jan 202486 Days
377 Barton Road, Stretford, Manchester, Greater Manchester, M32 9RN£270,000£270,000£0004 Oct 202303 Jan 202491 Days
551 Kings Road, Stretford, Manchester, Greater Manchester, M32 8JG£420,000£419,000-£1,00011 Sep 202322 Dec 2023102 Days
33 Cromwell Road, Stretford, Manchester, Greater Manchester, M32 8GH£450,000£448,500-£1,50004 Oct 202320 Dec 202377 Days
47 Mitford Street, Stretford, Manchester, Greater Manchester, M32 8AG£285,000£265,000-£20,00024 Aug 202319 Dec 2023117 Days
407 Barton Road, Stretford, Manchester, Greater Manchester, M32 9RN£210,000£200,000-£10,00010 May 202324 Nov 2023198 Days
8 Bradfield Road, Stretford, Manchester, Greater Manchester, M32 9LF£365,000£345,000-£20,00029 Aug 202324 Nov 202387 Days
1 Hancock Street, Stretford, Manchester, Greater Manchester, M32 8WH£285,000£283,500-£1,50018 Jul 202324 Nov 2023129 Days
38 Elm Drive, Stretford, Manchester, Greater Manchester, M32 9AR£299,999£240,000-£59,99905 Sep 202201 Nov 2023422 Days
107 Cyprus Street, Stretford, Manchester, Greater Manchester, M32 8BE£350,000£340,000-£10,00012 Apr 202331 Oct 2023202 Days
10 Bowness Street, Stretford, Manchester, Greater Manchester, M32 0FA£209,999£194,000-£15,99905 Apr 202327 Oct 2023205 Days
115 Chatsworth Road, Stretford, Manchester, Greater Manchester, M32 9QD£250,000£236,000-£14,00009 Jul 202327 Oct 2023110 Days
101 Davyhulme Road, Stretford, Manchester, Greater Manchester, M32 0AU£265,000£252,500-£12,50007 Jul 202327 Oct 2023112 Days
91 Park Road, Stretford, Manchester, Greater Manchester, M32 8ED£275,000£260,000-£15,00024 May 202327 Oct 2023156 Days
56 Cromwell Road, Stretford, Manchester, Greater Manchester, M32 8QJ£750,000£715,000-£35,00005 May 202320 Oct 2023168 Days

Most Expensive Streets in Stretford

PostcodeStreetAreaAverageNo. of Sales
M32 8PSKenwood RoadStretford£644,0004
M32 9DASandy LaneStretford£643,3333
M32 8PTKenwood RoadStretford£574,6505
M32 8QJCromwell RoadStretford£566,7229
M32 8JPEdge LaneStretford£524,5004
M32 8PWNorwood RoadStretford£517,0003
M32 8JFMeadow CloseStretford£496,6663
M32 9EHUrmston LaneStretford£480,0003
M32 8DQPark RoadStretford£475,0003
M32 8GJHortree RoadStretford£449,6405

Least Expensive Streets in Stretford

PostcodeStreetAreaAverageNo. of Sales
M32 9DDBraesideStretford£84,49011
M32 8QAEdge LaneStretford£108,80721
M32 0TEWardle CloseStretford£124,7504
M32 9FDElmwood CourtStretford£129,2504
M32 9DEManor CourtStretford£131,6666
M32 8AEKing StreetStretford£132,3758
M32 0TFWardle CloseStretford£134,33211
M32 0EGNew Belvedere CloseStretford£134,72211
M32 9EPPeterwood GardensStretford£137,5004
M32 8NFFylde CourtHighfield Road£141,5004

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