Property Prices in Manchester, United Kingdom

Index Info
Price to Income Ratio: 7.79
Mortgage as Percentage of Income: 68.17%
Loan Affordability Index: 1.47
Price to Rent Ratio - City Centre: 16.34
Price to Rent Ratio - Outside of Centre: 15.78
Gross Rental Yield (City Centre): 6.12%
Gross Rental Yield (Outside of Centre): 6.34%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,167.86 £ 1,000.00-1,300.00
Apartment (1 bedroom) Outside of Centre 865.00 £ 700.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,934.00 £ 1,500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,233.33 £ 900.00-1,750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 372.91 £ 325.16-899.99
Price per Square Feet to Buy Apartment Outside of Centre 250.84 £ 213.68-378.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,153.39 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.21 5.29-7.50

These data are based on 142 entries in the past 18 months from 37 different contributors.
Last update: February 2024

Sources and References
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1 Comments so far
nick removals on Mar 31, 2020:
Quiet a comprehensive accurate breakdown of living costs in Manchester and we are based here https://www.nicksremovals.co.uk