Manchester property prices

The average property price in Manchester postcode area is £233k. The average price increased by £8.4k (4%) over the last twelve months. The price of an established property is £231k. The price of a newly built property is £276k. There were 13.5k property sales and sales dropped by 5.9% (-984 transactions). Most properties were sold in the £150k-£200k price range with 3216 (23.8%) properties sold, followed by £100k-£150k price range with 2645 (19.6%) properties sold.

April 2021 - March 2022

Manchester postcode area

England and Wales

£233k

average property price

£337k

average property price

4%

average price percentage change

1%

average price percentage change

£8.4k

average price change

£3.4k

average price change

Manchester house prices map

This price map shows the average property price in a given postcode sector between April 2021 - March 2022. The most affordable place was 'M9 5' with the average price of £106k. The most expensive place was 'M2 3', £1.2M.

Manchester house prices map

Manchester house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between April 2021 - March 2022 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Manchester house prices compared to other areasAverage price percentage change
Average property price

Manchester house price rank

With the average price of £233k, Manchester is the 34. cheapest postcode area out of 105 England and Wales' postcode areas.

Manchester house price rank

Manchester property sales share by price range

shows a number of properties sold in a given price range between April 2021 - March 2022.

Manchester property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.3%39
£50k-£100k6.7%902
£100k-£150k19.6%2.6k
£150k-£200k23.8%3.2k
£200k-£250k18.0%2.4k
£250k-£300k11.8%1.6k
£300k-£400k11.5%1.5k
£400k-£500k4.3%586
£500k-£750k3.1%413
£750k-£1M0.7%100
over £1M0.2%32

Manchester cost comparison of new homes and older homes

April 2021 - March 2022

Manchester cost comparison of new homes and older homes

£276k

A newly built property

£231k

An established property

Manchester cost comparison of houses and flats

April 2021 - March 2022

Manchester cost comparison of houses and flats

£402k

Detached

£192k

Flat

£262k

Semi-Detached

£189k

Terraced

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Manchester real house prices

Yearly average nominal house prices adjusted for inflation.

Manchester real house prices

Manchester house prices

Yearly average nominal prices compared to England & Wales' house prices

Manchester house prices

Manchester house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Manchester house prices per square meter

Manchester house prices and nearby areas

Yearly average nominal prices

Manchester house prices and nearby areas

Manchester house prices by property type

Yearly average nominal prices

Manchester house prices by property type

Manchester house price to earnings ratio

The median property price to median earnings ratio is ranging between 5.5 in Bury and 8.4 in Trafford. Ie. Bury resident with middle-income needs 5.5 gross annual salaries to buy a medium-priced property. Resident in Trafford needs 8.4 annual salaries. The England and Wales ratio was 7.69 in 2020.
Manchester house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
Bury5.5
Salford6
Manchester6.5
England and Wales7.69
Trafford8.4

Other reports for Manchester postcode area

house prices per square meter

new home prices

property transactions

salary and unemployment

energy costs

crime statistics

home energy certificates

home features

population statistics

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