The average cost of a home is continuing to rise across Greater Manchester as the property market remains hot. In the last year, house prices in the region have gone up by 6 percent, with the average house selling for £230,046 in April.
With high demand for houses pushing prices up, this is great news for sellers across the region but not so much for buyers - who are also dealing with rising mortgage costs. In some parts of the region, the average property price has gone up by nearly 10 percent.
But despite the property hotspots across Greater Manchester, not everywhere in the UK has seen prices rise. Some areas have seen substantial drops, with house prices in Kensington and Chelsea falling by 15.8 percent in April compared to 12 months earlier, which is the largest year-on-year drop of any local authority in the country.
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You can find out how much house prices have fallen or risen in your local area using our interactive map:
Here is how much property costs have gone up in each of the region's 10 boroughs:
Bolton
In Bolton, house prices rose by 6.9 percent this year, climbing up from £174,988 in April 2022 to £187,023 this year.
Bury
House prices have climbed 4.1 percent in Bury over the last year. The average house now costs £234,887 compared to £225,540 in April 2022.
Manchester
In the Manchester borough, property prices have increased by 6.4 percent, taking the average house price from £217,900 in April 2022 to £231,899.
Oldham
House prices in Oldham have rose by 6.7 percent in the last year. You can now expect to pay around £191,840 for the average property compared to £179,876 in April 2022.
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Rochdale
Rochdale has seen the biggest jump in average house prices in our region. Properties there sold for an average of £194,488 in April, which has risen by 9.9 percent from £176,896 the previous year.
Salford
House prices in Salford have jumped up by 6.3 percent in the last year. The average property now costs £214,838 compared to £202,154 in April 2022.
Stockport
The Stockport borough has seen property prices rise by 4.7 percent since last year, taking the average house price from £281,762 in April 2022 up to £294,866 this year.
Tameside
Property prices in Tameside have increased from £196,559 to £204,237 in the last year, which is a rise of 3.9 percent.
Trafford
House prices in Trafford have also gone up by 3.9 percent, taking the average property cost from £348,907 in April 2022 to £362,554 this year.
Wigan
In Wigan, average house prices rose by 7 percent to £184,320 in April this year, which is up from £172,315 in 2022.
Want to feature your home in our Where I Live series? If so, please email your details to phoebe.jobling@reachplc.com.
