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House Prices in Greater Manchester

Area selected: Greater Manchester
  • England and Wales
  • England
  • North West
  • Greater Manchester
  • Bolton
  • Bury
  • Manchester
  • Oldham
  • Rochdale
  • Salford
  • Stockport
  • Tameside
  • Trafford
  • Wigan
Home
Average property price
£237,698

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Stats Chart
Price growth
15.1%

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Pricetags
Number of sales
34,389

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Property prices
Price growth
Number of sales
Area type
Metropolitan County
Population
2,848,286
Average detached price
£392,299
Average semi-detached price
£241,033
Average terraced price
£171,554
Average flat price
£183,142

Property Prices in Greater Manchester

The average property value in Greater Manchester is £237,698 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Greater Manchester grew by £31,116. Compare house prices by area

Average property prices in Greater Manchester grew by 15.1% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.7% per year.

If prices in Greater Manchester continue to rise by 4.7% a year, the average property price will be £285,145 in 2025.

The most expensive property values in Greater Manchester are found in Trafford, and the cheapest property values are found in Wigan.

There were 34,389 property sales in Greater Manchester in the year ending June 2021, an increase of 635 when compared to the previous year.

Average house and flat prices in Greater Manchester

The average price for a house in Greater Manchester ranges from £171,554 for a terraced house to £392,299 for a detached house, with semi-detached in between costing on average £241,033.

The average price for a flat or maisonette in Greater Manchester is £183,142.

Compared to England's figures

  • Greater Manchester's average property price of £237,698 is £116,501 lower than the £354,199 average property price in England. Greater Manchester is the 4th metropolitan county (of 8 total) when ordered by average property price.
  • Greater Manchester's average property price growth rate of 15.1% is 2.3% higher than the 12.8% average price growth rate for England. Greater Manchester is the 2nd metropolitan county (of 8 total) when ordered by property price growth rate.

Price trends for small areas may be less statistically significant due to small sample sizes.

House and flat price trends in Greater Manchester

Of the property types in Greater Manchester, terraced house prices have risen the most between the years ending 2011 and 2021, and detached house prices have grown the least.

Detached house prices have risen 37.9% from £284,499 to £392,299, semi-detached house prices have risen 55.5% from £154,961 to £241,033, terraced house prices have risen 59.6% from £107,505 to £171,554, and flat prices have risen 49.7% from £122,340 to £183,142.

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Types of property in Greater Manchester

The most common type of property sold in Greater Manchester during the year ending June 2021 was semi-detached houses, which accounted for 38.0% of properties.

The least commonly available type of property sold in Greater Manchester were flats, which account for 11.1% of properties sold.

  • Detached houses: 5,991 properties sold or 17.4%
  • Semi-detached houses: 13,068 properties sold or 38.0%
  • Terraced houses: 11,516 properties sold or 33.5%
  • Flats: 3,814 properties sold or 11.1%

New build properties in Greater Manchester

Of the properties sold in Greater Manchester during 2021, 1.8% were new build properties.

The average price paid for a new build property in Greater Manchester was £1,080 lower than the average price paid for an existing property.

Of the new build properties sold, the most common type was flats (36% of new build properties sold). For existing properties, the most common type is semi-detached houses (38% of existing properties sold).

Home
Average rent
£723

Rental Market of Greater Manchester Arrow Forward

Stats Chart
Crime rate (per 1,000 people)

Greater Manchester Crime Arrow Forward

People
Population
2,848,286

Greater Manchester population Arrow Forward

House and flat price bands in Greater Manchester

The most common price band for property sales in Greater Manchester is £200k - £300k, which accounted for 17.0% of properties sold in 2021.

0.4% of properties in Greater Manchester had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.

The cheapest properties in Greater Manchester were in the under £50k price bracket, accounting for 0.2% of sales.

Cheapest house prices in Greater Manchester

The cheapest property prices in Greater Manchester are found in Wigan, where the average cost of a property is £173,086. Between the years ending June 2020 and June 2021, property prices have changed by 7.4% in Wigan (compared to 15.1% in Greater Manchester)

Rank
Area
Average property price
YoY change in price
1 Wigan
Metropolitan District
£173,086 7.4%
2 Rochdale
Metropolitan District
£185,282 13.4%
3 Bolton
Metropolitan District
£187,825 12.7%
4 Oldham
Metropolitan District
£188,650 15.6%
5 Tameside
Metropolitan District
£189,405 12.3%
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Most expensive house prices in Greater Manchester

The most expensive property values in Greater Manchester are found in Trafford, where the average property price is £392,383. Between the years ending June 2020 and June 2021, property prices have changed by 13.7% in Trafford (compared to 15.1% in Greater Manchester)

Rank
Area
Average Property Price
YoY CHANGE in PRICE
1 Trafford
Metropolitan District
£392,383 13.7%
2 Stockport
Metropolitan District
£309,713 16.9%
3 Manchester
Metropolitan District
£242,631 11.1%
4 Bury
Metropolitan District
£230,170 14.0%
5 Salford
Metropolitan District
£220,433 9.4%
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Discover more

Areas near Greater Manchester

Local Authority
Blackburn with Darwen
average house price £155,972
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Local Authority
Blackpool
average house price £130,973
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Local Authority
Cheshire East
average house price £330,302
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Local Authority
Cheshire West and Chester
average house price £278,212
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County
Cumbria
average house price £215,230
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County
Merseyside
average house price £204,219
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Local Authority
Halton
average house price £187,935
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Local Authority
Warrington
average house price £262,100
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County
Lancashire
average house price £201,911
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Areas in Greater Manchester

District
Bury
average house price £230,170
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District
Trafford
average house price £392,383
Chevron Forward
District
Wigan
average house price £173,086
Chevron Forward
District
Manchester
average house price £242,631
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District
Oldham
average house price £188,650
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District
Salford
average house price £220,433
Chevron Forward
District
Stockport
average house price £309,713
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District
Rochdale
average house price £185,282
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District
Tameside
average house price £189,405
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District
Bolton
average house price £187,825
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics

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