Old Trafford House Prices, Greater Manchester
Old Trafford is an area, located in the borough Trafford.
Old Trafford House Prices
As of June, 2024, the average house prices in Old Trafford are as follows:
- studio – £112,500 (-10%)
- 1 bedroom flat – £160,000 (1.19%)
- 2 bedroom flat – £275,000 (1.84%)
- 3 bedroom flat – £365,000 (2.41%)
- 4 bedroom flat – £449,995 (-3.96%)
- 5 bedroom flat – £422,500 (-2.17%)
Keep in mind that these are simply the average rates for Old Trafford house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Old Trafford, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Old Trafford house price is £280,000, high by 0.36% as of £279,000 in May, 2024.
- Currently, there are 195 houses for sale and an average of 6 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Old Trafford house prices.
Old Trafford House Prices Growth
The average house price in Old Trafford over the last 5 years is as follows:
- 2019-06 – £151,472
- 2020-06 – £172,764 (14.06%)
- 2021-06 – £222,129 (28.57%)
- 2022-06 – £249,984 (12.54%)
- 2023-06 – £254,545 (1.82%)
- 2024-06 – £237,177 (-6.82%)
Sold house prices in Old Trafford have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 56%. Thus, if the trend continues, purchasing real estate in Old Trafford in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Old Trafford house prices, it’s also wise to keep an eye on house rent prices in Old Trafford. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Old Trafford.