Property Prices in Manchester, United Kingdom

Index Info
Price to Income Ratio: 7.31
Mortgage as Percentage of Income: 49.47%
Loan Affordability Index: 2.02
Price to Rent Ratio - City Centre: 19.02
Price to Rent Ratio - Outside of Centre: 18.49
Gross Rental Yield (City Centre): 5.26%
Gross Rental Yield (Outside of Centre): 5.41%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 922.76 £ 800.00-1,200.00
Apartment (1 bedroom) Outside of Centre 679.60 £ 550.00-850.00
Apartment (3 bedrooms) in City Centre 1,735.29 £ 1,400.00-2,100.00
Apartment (3 bedrooms) Outside of Centre 1,052.50 £ 900.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 362.92 £ 325.16-392.98
Price per Square Feet to Buy Apartment Outside of Centre 238.73 £ 185.80-306.58
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,214.26 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.18 2.50-6.00

These data are based on 227 entries in the past 18 months from 50 different contributors.
Last update: March 2023

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