Property Prices in Manchester, United Kingdom

Index Info
Price to Income Ratio: 7.13
Mortgage as Percentage of Income: 61.28%
Loan Affordability Index: 1.63
Price to Rent Ratio - City Centre: 17.33
Price to Rent Ratio - Outside of Centre: 16.10
Gross Rental Yield (City Centre): 5.77%
Gross Rental Yield (Outside of Centre): 6.21%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,163.10 £ 1,000.00-1,300.00
Apartment (1 bedroom) Outside of Centre 910.00 £ 750.00-1,050.00
Apartment (3 bedrooms) in City Centre 1,928.63 £ 1,500.00-2,400.00
Apartment (3 bedrooms) Outside of Centre 1,386.11 £ 1,000.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 394.09 £ 325.16-500.00
Price per Square Feet to Buy Apartment Outside of Centre 276.35 £ 213.68-500.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,531.26 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.00 5.29-7.50

These data are based on 174 entries in the past 18 months from 38 different contributors.
Last update: December 2024

Sources and References
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