Property Prices in Manchester, United Kingdom

Index Info
Price to Income Ratio: 7.63
Mortgage as Percentage of Income: 50.70%
Loan Affordability Index: 1.97
Price to Rent Ratio - City Centre: 20.75
Price to Rent Ratio - Outside of Centre: 22.19
Gross Rental Yield (City Centre): 4.82%
Gross Rental Yield (Outside of Centre): 4.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 827.64 £ 700.00-1,000.00
Apartment (1 bedroom) Outside of Centre 550.00 £ 475.00-700.00
Apartment (3 bedrooms) in City Centre 1,458.62 £ 1,200.00-1,900.00
Apartment (3 bedrooms) Outside of Centre 910.16 £ 725.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 344.85 £ 232.26-464.51
Price per Square Feet to Buy Apartment Outside of Centre 238.36 £ 167.22-278.71
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,056.24 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.98 2.00-4.50

These data are based on 257 entries in the past 18 months from 48 different contributors.
Last update: January 2021

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