Esper Developments
26/05/2023
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.
Borough Average Property Price Rank
Trafford £338,640 1
Stockport £317,823 2
Manchester £284,658 3
Salford £253,904 4
Bury £225,845 5
Bolton £207,755 6
Tameside £206,870 7
Rochdale £195,967 8
Oldham £190,949 9
Wigan £170,866 10
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.
Westhoughton – £229,380
Horwich – £224,629
Little Lever – £199,038
Kearsley – £191,514
Heaton – £189,051
Blackrod – £184,067
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.
Ramsbottom – £287,856
Prestwich – £283,896
Whitefield – £274,705
Tottington – £259,787
Unsworth – £250,131
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.
Rank Area Average Property Value
1 Didsbury £359,631
2 Chorlton £342,980
3 Parrs Wood £323,749
4 Whalley Range £321,763
5 Withington £319,124
6 Burnage £305,193
7 Castlefield £300,560
8 Northenden £284,219
9 Ancoats £267,545
10 City Centre £256,166
11 Baguley £254,098
12 Miles Platting £252,222
13 Wythenshawe £248,329
14 Fallowfield £241,514
15 Levenshulme £237,285
16 Crumpsall £234,619
17 Collyhurst £224,165
18 Rusholme £212,673
19 Blackley £211,867
20 Hulme £207,480
21 Ardwick £204,743
22 Cheetham Hill £204,683
23 (Joint) Bradford £202,645
23 (Joint) Beswick £202,645
25 Belle Vue £201,785
26 Strangeways £200,022
27 Longsight £197,508
28 Moss Side £194,261
29 Moston £187,895
30 Gorton £182,686
31 Openshaw £171,647
32 Newton Heath £171,143
33 Harpurhey £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.
Saddleworth – £267,706
Royton – £209,530
Shaw – £203,193
Failsworth – £202,053
Lees – £192,054
Chadderton – £189,559
Hollinwood – £153,963
26/05/2023
Major new Manchester development project in consultation
There are plans for a £450m new Manchester development project that could create 1,900 jobs and stimulate the local economy.
Land in Upper Brook Street, Ardwick, has been targeted as the recipient of an exciting development. The plans includes new student accommodation and life sciences space.
The project led by McLaren Property, in association with Property Alliance Group, Moda Living and Kadans Science Partner, is working to deliver a masterplan vision for Upper Brook Street, Ardwick. Working in consultation with Manchester City Council the consortium project that the scheme could create a £138m economic benefit to the area.
Regeneration
The plan promises to deliver an incredible new neighbourhood for the city with more than two acres of public space and community facilities.
This scheme would bring forward a new purpose-built development, providing much needed life sciences space as well as purpose-built student accommodation. There is a proposed mix of ground floor uses and enhanced public realm which include green space and pocket parks, improved pedestrian and cycling routes and opportunities for community, retail and other locally beneficial uses.
Other community facilities and public uses include a GP surgery, and new community centre, as well as retail units and cafes.
When constructed the neighbourhood promises to deliver value to the immediate area and wider Manchester region. It is projected that it will provide 3,600 permanent operational jobs, and anticipated spending of £24m from residents every year in addition to significant spend locally from new workers.
In total, the scheme represents an initial investment of £450m into the Ardwick area which lies around one mile south east of Manchester city centre.
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