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.
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.
Price trends for small areas may be less statistically significant due to small sample sizes.
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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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.
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).
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.
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)
Average property price
YoY change in price
|1|| Wigan |
|2|| Rochdale |
|3|| Bolton |
|4|| Oldham |
|5|| Tameside |
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)
Average Property Price
YoY CHANGE in PRICE
|1|| Trafford |
|2|| Stockport |
|3|| Manchester |
|4|| Bury |
|5|| Salford |
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