Average Price for property in Greater Manchester is around £172,055 which varies based on type of property you are interested in and ranges from £313,431 for detached house to around £173,651 for semi-detached. Similarly terraced house is around £114,297 and a flat is worth £147,578. Values have been changing and have risen £13 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,040 in last 6 months, £10,255 in last 1 year, £17,213 in last 2 years, £19,476 in last 3 years, £17,085 in last 4 years and £13,532 in last 5 years.
Currently average asking price of a property in Greater Manchester is around £212,547 based on approximately 29,608 properties for sale. Same is the case with rental options based on 8,002 properties up for rent, average asking rent is around £1,108 per month.
Estimated property value in Greater Manchester is £172,055. Average asking price is £212,547 while average price paid is £160,460 which is up by £10,255 and Avg. asking rent £1,108.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Greater Manchester area. In last 1 year alone average price buyer paid is around £160,460 based on approximately 29,608 sales in Greater Manchester area alone. If you compare it to last 3 years sales of 84,433 properties where buyers paid around £155,777. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £154,583 for 135,309 and average amount paid for purchase of approx. 188,065 properties sold in last 7 years comes to about £153,359 per sale.