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Whitefield House Prices Whitefield House Prices

The average house price in Whitefield is £245,100 using HM Land Registry data.

The average property price increased by £74,240 (33.94%) over the last 5 years and increased by £14,837 (5.33%) over the last 12 months.

Over the last year, there were 231 residential property sales – a decrease of 48 transactions (-20.78%) relative to the previous year. The majority of house sales (67) were in the £206,000 - £262,000 range. Then came properties in the £150,000 - £206,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,209 (-2%).

In April 2024, there were 33 new estate agency instructions, 29 agreed home sales and 15 property price reductions.

Neighbouring Areas: Bury, Radcliffe, Prestwich

Postcodes Covered: M25, M45

5-Year Average Property Prices in Whitefield

33.94%

Property prices in Whitefield increased by 33.94% 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 Whitefield Over the Last Year

5.33%

Property prices in Whitefield increased by 5.33% 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 Whitefield - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Whitefield

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 Whitefield

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 Whitefield

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 Whitefield since 1995

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

Recent Property Sales in Whitefield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Brightwater Close, Whitefield, Manchester, Greater Manchester, M45 8SE£240,000£234,200-£5,80018 Oct 202319 Feb 2024124 Days
7 Brathay Close, Whitefield, Manchester, Greater Manchester, M45 8BE£195,000£190,000-£5,00014 Sep 202316 Feb 2024155 Days
99 Higher Lane, Whitefield, Manchester, Greater Manchester, M45 7EY£175,000£166,000-£9,00003 Aug 202309 Feb 2024190 Days
33 Beverley Close, Whitefield, Manchester, Greater Manchester, M45 8BB£218,000£210,000-£8,00008 Jan 202431 Jan 202423 Days
180 Park Lane, Whitefield, Manchester, Greater Manchester, M45 7QL£475,000£470,000-£5,00011 Jul 202309 Jan 2024182 Days
22 Sawley Avenue, Whitefield, Manchester, Greater Manchester, M45 8PP£165,000£160,000-£5,00025 Aug 202308 Jan 2024136 Days
9 Brathay Close, Whitefield, Manchester, Greater Manchester, M45 8BE£195,000£190,000-£5,00007 Sep 202315 Dec 202399 Days
26 Wilton Street, Whitefield, Manchester, Greater Manchester, M45 7EU£275,000£265,000-£10,00025 Nov 202215 Dec 2023385 Days
30 Sandgate Road, Whitefield, Manchester, Greater Manchester, M45 6WG£360,000£350,500-£9,50014 Aug 202307 Dec 2023115 Days
28 Ridge Crescent, Whitefield, Manchester, Greater Manchester, M45 8FN£235,000£235,000£0016 Sep 202330 Nov 202375 Days
3 Clegg Street, Whitefield, Manchester, Greater Manchester, M45 6AP£95,000£95,000£0015 Jul 202330 Nov 2023138 Days
9 Waterdale Drive, Whitefield, Manchester, Greater Manchester, M45 8SB£375,000£363,925-£11,07531 Jul 202329 Nov 2023121 Days
35 Wilton Street, Whitefield, Manchester, Greater Manchester, M45 7FT£265,000£263,000-£2,00027 Jun 202315 Nov 2023141 Days
25 Pinfold Court, Whitefield, Manchester, Greater Manchester, M45 7NZ£170,000£167,000-£3,00020 Dec 202203 Nov 2023318 Days
112 Park Lane, Whitefield, Manchester, Greater Manchester, M45 7PT£700,000£674,000-£26,00020 Jun 202327 Oct 2023129 Days
9 The Fairways, Whitefield, Manchester, Greater Manchester, M45 7BN£350,000£340,000-£10,00031 Mar 202306 Oct 2023189 Days
12 Pine Avenue, Whitefield, Manchester, Greater Manchester, M45 7EQ£210,000£200,000-£10,00025 Apr 202329 Sep 2023157 Days
14 Stanway Road, Whitefield, Manchester, Greater Manchester, M45 8EG£230,000£223,500-£6,50018 May 202328 Sep 2023133 Days
11 Wood Grove, Whitefield, Manchester, Greater Manchester, M45 7ST£250,000£245,000-£5,00002 Jun 202328 Sep 2023118 Days
394 Bury New Road, Whitefield, Manchester, Greater Manchester, M45 7SY£499,950£480,000-£19,95006 Jun 202322 Sep 2023108 Days

Most Expensive Streets in Whitefield

PostcodeStreetAreaAverageNo. of Sales
M45 7HRRingley CloseWhitefield£726,6663
M45 7GQWentworth AvenueWhitefield£689,3754
M45 7PBPark LaneWhitefield£680,0003
M45 7LUOakdale CloseWhitefield£645,0003
M45 7LPTen Acre DriveWhitefield£638,3333
M45 7QGFairhaven AvenueWhitefield£599,6005
M45 7QQHillingdon RoadWhitefield£583,7504
M45 7YBHeythrop CloseWhitefield£575,0003
M45 7NYPinfold LaneWhitefield£545,0754
M45 7QPFerndale AvenueWhitefield£538,7504

Least Expensive Streets in Whitefield

PostcodeStreetAreaAverageNo. of Sales
M45 6BTNew Church CourtWhitefield£90,5005
M45 6FFVictoria CourtVictoria Lane£98,15012
M45 7RASavoy CourtCross Street, Whitefield£99,49010
M45 6BZVictoria AvenueWhitefield£116,2504
M45 6DSWestminster AvenueWhitefield£124,0003
M45 7SEBury New RoadWhitefield£131,5004
M45 7PEDovehouse CloseWhitefield£133,8889
M45 6APClegg StreetWhitefield£134,4336
M45 6DGArgyle AvenueWhitefield£136,6663
M45 6DQOxford AvenueWhitefield£139,0833

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