Mortgage
Advisor
Manchester

Manchester is a vibrant, diverse city with something for everyone—whether you’re after lively nightlife, green suburbs, or a strong sense of community. Here are some of the top areas to live in, depending on your lifestyle:

• Didsbury – A leafy, affluent suburb in South Manchester known for its independent cafes, top schools, and relaxed village vibe. Popular with families and professionals.

• Chorlton – Trendy and bohemian, Chorlton is full of character, with great bars, artsy shops, and green spaces like Chorlton Water Park. A favourite among creatives and young families.

• Ancoats – Once industrial, now one of Manchester’s coolest areas. Ancoats offers stylish apartments, Michelin-rated dining, and walkable access to the city centre. Great for young professionals.

• Altrincham – A market town with excellent schools, smart homes, and quick access to the countryside. Ideal for families and those who want more space while staying well-connected.

• Northern Quarter – The cultural heart of Manchester, filled with street art, independent shops, music venues, and quirky cafés. Best suited to students, creatives, and city lovers.

• Sale – A family-friendly suburb with good schools, parks, and Metrolink access to the city. More affordable than Didsbury or Altrincham but still a solid choice.

• Salford Quays – A modern waterside area home to MediaCityUK. Offers sleek flats, riverside walks, and strong transport links. Popular with professionals working in media or tech.

As of May 2025, the average house price in Manchester is approximately £257,000, showing a 3.2% annual increase. While this reflects steady growth, Manchester remains slightly more affordable than the UK national average of around £269,000, making it a relatively attractive option for buyers, especially in the North West region.

For first-time buyers, the average purchase price is around £241,000, while buyers using a mortgage pay about £260,000. Cash buyers tend to spend slightly less, averaging around £248,000. The type of property significantly affects price: detached homes average about £474,000, semi-detached around £320,000, terraced homes at £247,000, and flats or maisonettes at approximately £212,000.

New-build homes in Manchester tend to carry a slight premium, averaging about £275,000, compared to £262,000 for older properties. Prices vary by area, with sought-after neighbourhoods like Didsbury or Chorlton commanding higher figures, while locations further from the centre or in regeneration zones may offer better value.

Overall, Manchester’s property market is showing healthy, sustainable growth, with continued demand driven by investment, employment opportunities, and its appeal to both first-time buyers and families.