Manchester property prices

The average property price in Manchester postcode area is £252k, the median price is £220k. The average price increased by £343 (0%) over the last twelve months. The price of an established property is £251k. The price of a newly built property is £308k. There were 10.2k property sales and sales dropped by 32.3% (-5.3k transactions). Most properties were sold in the £150k-£200k price range with 2233 (21.8%) properties sold, followed by £200k-£250k price range with 1973 (19.3%) properties sold.

October 2023 - September 2024Manchester postcode areaEngland & Wales
Average price£252k£344k
Median price£220k£270k

Manchester property sales share by price range

shows a number of properties sold in a given price range between October 2023 - September 2024.

Manchester property sales share by price range
Property price rangeMarket shareSales volume
under £50k0.3%27
£50k-£100k4.8%488
£100k-£150k16.1%1.7k
£150k-£200k21.8%2.2k
£200k-£250k19.3%2.0k
£250k-£300k13.7%1.4k
£300k-£400k13.4%1.4k
£400k-£500k5.7%581
£500k-£750k3.9%401
£750k-£1M0.8%87
over £1M0.3%31

Manchester house prices map

This price map shows the average property price in a given postcode sector. The most affordable place is 'M50 1' with the average price of £125k. The most expensive place is '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 October 2023 - September 2024 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 £252k, Manchester is the 36. cheapest postcode area out of 105 England and Wales' postcode areas.

Manchester house price rank
Price ranking
Rankpostcode areaAverage price
1.W, West London£1.2M
2.SW, South West London£979k
3.NW, North West London£969k
4.WC, Western Central London£949k
5.EC, East Central London£883k
6.N, North London£733k
7.KT, Kingston upon Thames£672k
8.AL, St Albans£624k
9.TW, Twickenham£604k
10.SL, Slough£594k
...
70.M, Manchester£252k
...
95.HX, Halifax£192k
96.BD, Bradford£189k
97.HU, Hull£188k
98.WN, Wigan£182k
99.DN, Doncaster£179k
100.FY, Blackpool£173k
101.DL, Darlington£170k
102.BB, Blackburn£162k
103.TS, Cleveland£160k
104.DH, Durham£151k
105.SR, Sunderland£134k

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

Real average price - nominal price adjusted for inflation
YearManchester postcode areaEngland & Wales
2024£251k£344k
2023£275k£390k
2022£312k£440k
2021£303k£434k
2020£284k£412k
2019£263k£394k
2018£262k£403k
2017£261k£412k
2016£247k£406k
2015£228k£394k
2014£230k£387k
2013£224k£380k
2012£232k£379k
2011£238k£389k
2010£251k£413k
2009£243k£371k
2008£261k£393k
2007£287k£415k
2006£279k£397k
2005£261k£379k
2004£241k£368k
2003£207k£331k
2002£179k£298k
2001£152k£262k
2000£139k£243k
1999£129k£221k
1998£127k£203k
1997£122k£192k
1996£116k£180k
1995£119k£177k

Manchester house prices

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

Manchester house prices

Nominal average price
YearManchester postcode areaEngland & Wales
2024£251k£344k
2023£250k£354k
2022£256k£361k
2021£239k£342k
2020£220k£320k
2019£198k£296k
2018£191k£294k
2017£184k£290k
2016£170k£280k
2015£156k£270k
2014£154k£258k
2013£146k£247k
2012£146k£238k
2011£143k£233k
2010£144k£236k
2009£140k£213k
2008£144k£217k
2007£152k£219k
2006£143k£204k
2005£131k£189k
2004£117k£179k
2003£97.5k£156k
2002£82.9k£138k
2001£69.1k£119k
2000£61.5k£108k
1999£56.3k£96.0k
1998£53.2k£85.4k
1997£49.7k£78.5k
1996£46.4k£71.5k
1995£45.7k£67.9k

Manchester house prices per square metre

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

Manchester house prices per square metre

Nominal average price per m2
YearManchester postcode areaEngland & Wales
2024£2.9k£3.6k
2023£2.9k£3.6k
2022£3.0k£3.7k
2021£2.8k£3.4k
2020£2.6k£3.2k
2019£2.3k£3.0k
2018£2.2k£3.0k
2017£2.1k£3.0k
2016£2.0k£2.9k
2015£1.8k£2.7k
2014£1.8k£2.6k
2013£1.6k£2.5k
2012£1.6k£2.4k
2011£1.6k£2.3k
2010£1.6k£2.3k
2009£1.5k£2.1k
2008£1.7k£2.2k
2007£1.8k£2.3k
2006£1.7k£2.1k
2005£1.5k£2.0k
2004£1.4k£1.8k
2003£1.1k£1.6k
2002£935£1.4k
2001£750£1.2k
2000£676£1.1k
1999£599£968
1998£565£862
1997£518£790
1996£487£710
1995£483£681

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

Property typeCurrent average price
Detached£450k
Flat£188k
Semi-Detached£290k
Terraced£215k

Manchester house price to earnings ratio

The median property price to median earnings ratio is ranging between 6.7 in Bury and 9.1 in Trafford. Ie. Bury resident with middle-income needs 6.7 gross annual salaries to buy a medium-priced property. Resident in Trafford needs 9.1 annual salaries. The England and Wales ratio was 8.16 in 2022.
Manchester house price to earnings ratio history
Local authorityMedian house price to median salary ratio in 2022
Bury6.7
Salford7.1
Manchester7.9
England and Wales8.16
Trafford9.1

Other reports for Manchester postcode area

house prices per square metre

new home prices

property transactions

population statistics

crime statistics

home features

home energy efficiency

salary and unemployment

energy costs

plumplot area insights tutorial
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