Location News Manchester

Latest property values in Greater Manchester

February 13, 2023
Latest property values in Greater Manchester

In this article, you will find out the average property values in Manchester boroughs. We list the current average prices of property across each of the 10 Greater Manchester boroughs. For additional analysis, we have split each borough into several areas and ranked them according to the average property cost. This information may help you find a property that is best suited to your budget.

Greater Manchester boroughs

The table below lists the ten Manchester boroughs and shows the average property prices last year. The results show that Trafford was the most expensive borough in 2022 with a property average property value of £338,640. Manchester and Salford were the second and third most expensive boroughs with average prices of £284,658 and £253,904 respectfully.

BoroughAverage Property PriceRank
Trafford £338,640 1
Stockport £317,823 2
Manchester£284,6583
Salford £253,904 4
Bury £225,845 5
Bolton£207,7556
Tameside£206,8707
Rochdale£195,9678
Oldham£190,9499
Wigan£170,86610

In contrast, Wigan was the cheapest borough with an average price of £170,866. Oldham and Rochdale were the only two other boroughs where the average property was valued at below £200,000.

Average property values in Bolton

Bolton is a comparatively cheap borough with all areas having an average price below £230,000. Its average price is £207,755.

  1. Westhoughton – £229,380
  2. Horwich – £224,629
  3. Little Lever – £199,038
  4. Kearsley – £191,514
  5. Heaton – £189,051
  6. Blackrod – £184,067
  7. Farnworth – £154,729

Average property values in Bury

Bury is an averagely priced borough. Interestingly there prices of each area averaged between £200,000 and £300,000. Ramsbottom was the most expensive area, whilst Radcliffe was the cheapest.

  1. Ramsbottom – £287,856
  2. Prestwich – £283,896
  3. Whitefield – £274,705
  4. Tottington – £259,787
  5. Unsworth – £250,131
  6. Radcliffe – £231,989

Average property values in Manchester

For People who are well acquainted with Manchester, several central locations come under either the Trafford or Salford regions. Within the areas listed in this neighbourhood, Didsbury is the most expensive at an average price of £359,631. At the other end is Harphurey with an average value of £125,939. This area recorded the lowest average values from all the areas within the 10 neighborhoods.

RankAreaAverage Property Value
1Didsbury£359,631
2Chorlton£342,980
3Parrs Wood£323,749
4Whalley Range£321,763
5Withington£319,124
6Burnage£305,193
7Castlefield£300,560
8Northenden£284,219
9Ancoats£267,545
10City Centre£256,166
11Baguley£254,098
12Miles Platting£252,222
13Wythenshawe£248,329
14Fallowfield£241,514
15Levenshulme£237,285
16Crumpsall£234,619
17Collyhurst£224,165
18Rusholme£212,673
19Blackley£211,867
20Hulme£207,480
21Ardwick£204,743
22Cheetham Hill£204,683
23 (Joint)Bradford£202,645
23 (Joint)Beswick£202,645
25Belle Vue£201,785
26Strangeways£200,022
27Longsight£197,508
28Moss Side£194,261
29Moston£187,895
30Gorton£182,686
31Openshaw£171,647
32Newton Heath£171,143
33Harpurhey£125,939

Average property values in Oldham

Within the seven areas that make up Oldham prices are very consistent. Saddleworth records the highest average price, whilst Hollinwood has the cheapest. In the remaining five areas, average prices are very close to £200,000.

  1. Saddleworth – £267,706
  2. Royton – £209,530
  3. Shaw – £203,193
  4. Failsworth – £202,053
  5. Lees – £192,054
  6. Chadderton – £189,559
  7. Hollinwood – £153,963

Average property values in Rochdale

Rochdale is another value neighbourhood with the average property valued at below £200,000. Norden and Bamford recorded the highest average values and Castleton was the cheapest area.

  • Norden – £283,501
  • Bamford – £257,356
  • Littleborough – £218,097
  • Middleton – £205,010
  • Heywood – £192,545
  • Milnrow – £189,338
  • Newhey – £188,429
  • Castleton – £172,856

Average property values in Salford

In Salford, the average price of a home currently stands at £253,904. The most expensive part of the region at the moment is Boothstown and the cheapest is Little Hulton.

RankAreaAverage Property Value
1Boothstown£307,055
2Worsley£281,581
3Walkden£258,081
4Swinton£252,444
5Broughton£244,601
6Kersal£244,601
7Pendlebury£243,665
8Irelam£236,993
9Cadishead£211,415
10Eccles£229,235
11Peel Green£226,101
12Salford Quays£179,814
13Little Hulton£173,897

Average property values Stockport

Properties in Stockport had an overall average price of £317,823 over the last year. Bramhall is currently the most expensive area to buy a home, with Reddish being the cheapest.

RankAreaAverage Property Value
1Bramhall£494,819
2Marple Bridge£472,007
3Marple£371,161
4Gatley£368,872
5Cheadle Hulme£365,327
6Heaton Mersey£360,970
7Heaton Chapel£358,329
8Heald Green£353,318
9Cheadle£352,547
10Hazel Grove£321,533
11Heaton Moor£326,092
12Heaton Norris£300,921
13Romiley£275,457
14Edgeley£236,249
15Reddish£234,220

Tameside

House prices in Tameside were priced at £206,870 over the last year. The most affordable part of the borough is currently Ashton-under-Lyne, and the most expensive area is Broadbottom.

  1. Broadbottom – £277,567
  2. Stalybridge – £228,103
  3. Audenshaw – £221,088
  4. Mossley – £219,529
  5. Droylsden – £217,212
  6. Hyde – £216,494
  7. Denton – £208,428
  8. Dukinfield – £200,653
  9. Ashton-under-Lyne – £188,776

Trafford

Trafford is ranked the most exclusive borough of Greater Manchester. Only two areas within the borough have average property values below £300,000. These two areas are Partington and Old Trafford which recorded an average price of £14,210 and £290,356 respectively. In contrast, Bowdon had an average property value of £897,758 making it the most exclusive area in the whole of Greater Manchester

RankAreaAverage Property Value
1Bowdon£897,758
2Hale£652,546
3Altrincham£516,148
4Ashton upon Mersey£389,746
5Sale£381,530
6Timperley£379,667
7Firswood£356,228
8Broadheath£349,190
9Brooklands£333,293
10 (joint)Davyhulme£331,560
10 (joint)Flixton£331,560
12Urmston £327,779
13Stretford£304,937
14Old Trafford£290,356
15Partington £184,210

Average property values in Wigan

Overall, Wigan is the cheapest borough to live in in Greater Manchester. Though in a few areas the average property value still exceeds £200,000. Shevington, Tyldesley and Astley were the most exclusive areas, whilst Ince was the cheapest.

  • Shevington – £225,815
  • Tyldesley – £225,546
  • Astley – £223,517
  • Standish – £212,383
  • Orrell – £199,272
  • Aspull – £198,061
  • Atherton – £190,773
  • Hindley – £173,806
  • Leigh – £170,302
  • Abram – £169,959
  • Ashton-in-Makerfield – £164,676
  • Platt Bridge – £148,603
  • Pemberton – £147,142
  • Ince – £130,709

Best areas to buy

Selecting which areas to buy will depend on your personal preferences and needs. What can be seen from the information is that the average property values in Manchster boroughs varry considerably.

From an investment perspective, it is often a good idea to select areas that are undergoing rapid transformation, through regeneration initiatives. Salford Keys and Ancoats are prime examples where the neighborhoods’ have become more desirable. For further information on areas that are undergoing gentrification click on the enclosed link.