House Prices in Greater Manchester

Property Market Overview — Greater Manchester has seen substantial transaction volume over five years, with 222,274 sales and an average price of £286,619. The market has remained relatively flat, declining marginally by 1.5% across the period, though recent years show a gradual softening from the 2023 peak.

Property Types and Price Differences — Terraced homes dominate by volume (73,683 sales) and are the most affordable at £186,872, while detached properties command significantly higher prices at £430,336—more than double the terraced average. Semi-detached homes fall between these at £264,371, and flats cluster closer to terraced pricing at £206,450, making them the second-most affordable option.

Price Trends Over Time — Prices climbed steadily from 2021 to 2023, peaking at £292,277, but have since declined for three consecutive years, dropping to £277,420 in 2026. Recent figures sit below the five-year average, suggesting a shift toward lower valuations.

What Stands Out — Altrincham and Cheadle command substantially higher prices (£575,399 and £389,473 respectively) compared to other towns, while Wigan and Bolton remain the most affordable areas. Terraced homes account for one-third of all sales, reflecting their prevalence across the region.