Property Prices in Manchester, United Kingdom

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Index Info
Price to Income Ratio: 7.80
Mortgage as Percentage of Income: 66.61%
Loan Affordability Index: 1.50
Price to Rent Ratio - City Centre: 16.88
Price to Rent Ratio - Outside of Centre: 15.33
Gross Rental Yield (City Centre): 5.92%
Gross Rental Yield (Outside of Centre): 6.52%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,186.46 £ 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 930.88 £ 750.00-1,100.00
Apartment (3 bedrooms) in City Centre 1,996.89 £ 1,700.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,508.53 £ 1,200.00-1,900.00
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) 2,313.76 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.92 5.00-7.50

These data are based on 176 entries in the past 18 months from 36 different contributors.
Last update: March 2025

Sources and References
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