Manchester property prices

The average property price in Manchester postcode area is £229k. The average price increased by £17.6k (8%) over the last twelve months. The price of an established property is £228k. The price of a newly built property is £265k. There were 12.7k property sales and sales dropped by 10.7% (-1.7k transactions). Most properties were sold in the £150k-£200k price range with 3003 (23.7%) properties sold, followed by £100k-£150k price range with 2562 (20.2%) properties sold.

November 2020 - October 2021

Manchester postcode area

England and Wales

£229k

average property price

£342k

average property price

8%

average price percentage change

10%

average price percentage change

£17.6k

average price change

£32.2k

average price change

Manchester house prices map

This price map shows the average property price in a given postcode sector between November 2020 - October 2021. The most affordable place was 'M9 5' with the average price of £99.8k. The most expensive place was 'M4 5', £498k.

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 November 2020 - October 2021 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 £229k, Manchester is the 29. 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 November 2020 - October 2021.

Manchester property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.5%58
£50k-£100k7.5%951
£100k-£150k20.2%2.6k
£150k-£200k23.7%3.0k
£200k-£250k17.0%2.1k
£250k-£300k11.8%1.5k
£300k-£400k11.1%1.4k
£400k-£500k4.4%558
£500k-£750k3.0%380
£750k-£1M0.7%90
over £1M0.2%22

Manchester cost comparison of new homes and older homes

November 2020 - October 2021

Manchester cost comparison of new homes and older homes

£265k

A newly built property

£228k

An established property

Manchester cost comparison of houses and flats

November 2020 - October 2021

Manchester cost comparison of houses and flats

£387k

Detached

£184k

Flat

£256k

Semi-Detached

£185k

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

home features

population statistics

home energy certificates

crime statistics

salary and unemployment

energy costs

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