Greater Manchester postcode dubbed ‘millionaire’s row’ where £1m homes are flying off the shelf

A postcode has been dubbed Greater Manchester’s ‘millionaire’s row’ after more properties sold for more than £1 million than anywhere else in the region. More than 14,000 homes sold for more than £1m in England and Wales in the past year, according to MEN’s exclusive analysis of the latest Land Registry data.

Almost half of them were sold in London, with a total of 286 sales in the SW11 postcode area, which covers Battersea and Clapham. Meanwhile, the most expensive home sold in the last 12 months was a flat in Mayfair, London, which cost the new owners £38.64 million.

In the Greater Manchester region, a total of 109 homes sold for over a million in the last 12 months. The majority of these sales were in WA15, an affluent postcode covering parts of Altrincham, Hale, Hale Barns and Timperley in the Trafford borough, where there were £34m-plus sales in the past year, ranging from £1m £2.57 million. .

READ MORE: The five cheapest homes for sale in Greater Manchester right now – from £30,000

The most expensive home sold was a property called White Acres, on Brooks Drive in Hale Barns, which sold for £2.57 million in July 2023. This was followed by 16 Broadway in Hale, which sold for £2.55m in June 2023 and 45 Carrwood in Hale Barns which was bought for £2.3m in November 2023.

27 Park Lane in Hale sold for £2m last May, while 17 Gorse Bank Road in Hale Barns, 13 Leicester Road in Hale, 15 Harrop Road in Hale, 9 Planetree Road in Hale and 4 Bower Road from Hale, all sold for more. of over £1.5m between April and October last year.

Properties in WA15 had an overall average price of £598,853 over the past year, which is 8% higher than the peak in 2021, according to the Land Registry.

The majority of sales in WA15 were semi-detached properties, selling for an average price of £541,843. Detached properties sold for an average of £962,146, with terraced properties reaching £480,494.

You can search a list of all £1m house sales using our interactive gadget:

At the other end of the scale, Middlesbrough is the cheapest place to buy a house in England and Wales. Homes in the TS1 postcode area sold for an average of £69,874 each in the year to the end of March. That’s the lowest average of any zip code area in the country, excluding those with fewer than 20 sales.

The DN31 postcode area, which covers Grimsby, had the next lowest average, with houses there selling for an average of £78,192 each.

In DL4 – Shildon in County Durham – houses sold for an average of £85,666 each. In TS3, which covers east Middlesbrough, the average was £85,809, in BD1, central Bradford, the average was £86,889 and in CF43, Ferndale, north of Cardiff, it was £98,522.