Manchester cost comparison of new homes and older homes
June 2019 - May 2020
The price of a newly built property is £223k in Manchester postcode area. The price increased by £30.8k (16%) over the last twelve months. The price of an established property is £198k. There were 1894 sales of newly build properties. Most new properties were sold in the £150k-£200k price range with 542 (28.6%) properties sold, followed by £200k-£250k price range with 447 (23.6%) properties sold. Most new homes were sold in M50 2, with 370 sold to date from June 2019 - May 2020.
| Manchester postcode area | England and Wales |
|---|---|
£223kaverage price of a new property | £342kaverage price of a new property |
16%average price percentage change | 1%average price percentage change |
£30.8kaverage price change | £4.9kaverage price change |
June 2019 - May 2020
June 2019 - May 2020
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between June 2019 - May 2020. See also Manchester property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| £50k-£100k | 3.2% | 61 |
| £100k-£150k | 15.2% | 287 |
| £150k-£200k | 28.6% | 542 |
| £200k-£250k | 23.6% | 447 |
| £250k-£300k | 16.6% | 314 |
| £300k-£400k | 9.6% | 181 |
| £400k-£500k | 1.7% | 32 |
| £500k-£750k | 1.2% | 23 |
| £750k-£1M | 0.4% | 7 |
June 2019 - May 2020
June 2019 - May 2020
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
