Manchester property prices

The average property price in Manchester postcode area is £216k. The average price increased by £14.3k (7%) over the last twelve months. The price of an established property is £211k. The price of a newly built property is £266k. There were 11.1k property sales and sales dropped by 38.2% (-7.7k transactions). Most properties were sold in the £150k-£200k price range with 2607 (23.4%) properties sold, followed by £100k-£150k price range with 2507 (22.5%) properties sold.

March 2020 - February 2021

Manchester postcode area

England and Wales

£216k

average property price

£320k

average property price

7%

average price percentage change

8%

average price percentage change

£14.3k

average price change

£22.6k

average price change

Manchester house prices map

This price map shows the average property price in a given postcode sector between March 2020 - February 2021. The most affordable place was 'M9 5' with the average price of £95.9k. The most expensive place was 'M2 4', £1.0M.

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 March 2020 - February 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 £216k, Manchester is the 31. 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 March 2020 - February 2021.

Manchester property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.5%51
£50k-£100k11.1%1.2k
£100k-£150k22.5%2.5k
£150k-£200k23.4%2.6k
£200k-£250k14.7%1.6k
£250k-£300k10.5%1.2k
£300k-£400k10.3%1.1k
£400k-£500k3.7%409
£500k-£750k2.6%288
£750k-£1M0.4%48
over £1M0.2%25

Manchester cost comparison of new homes and older homes

March 2020 - February 2021

Manchester cost comparison of new homes and older homes

£266k

A newly built property

£211k

An established property

Manchester cost comparison of houses and flats

March 2020 - February 2021

Manchester cost comparison of houses and flats

£360k

Detached

£184k

Flat

£236k

Semi-Detached

£174k

Terraced

Manchester real house prices

Yearly average nominal house prices adjusted for inflation.

Manchester real house prices

Manchester house prices compared to England & Wales' house prices

Yearly average nominal prices

Manchester house prices

Manchester house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Manchester house prices and nearby areas

Yearly average nominal prices

Manchester house prices and nearby areas

Manchester house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Manchester house prices new vs established

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 5.8 in Bury and 8.1 in Trafford. Ie. Bury resident with middle-income needs 5.8 gross annual salaries to buy a medium-priced property. Resident in Trafford needs 8.1 annual salaries. The England and Wales ratio was 7.7 in 2019.
Manchester house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Bury5.8
Salford6.1
Manchester6.8
England and Wales7.7
Trafford8.1

Other reports for Manchester postcode area

new home prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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