Property Prices in Manchester, United Kingdom

Index Info
Price to Income Ratio: 7.83
Mortgage as Percentage of Income: 66.88%
Loan Affordability Index: 1.50
Price to Rent Ratio - City Centre: 17.02
Price to Rent Ratio - Outside of Centre: 15.24
Gross Rental Yield (City Centre): 5.88%
Gross Rental Yield (Outside of Centre): 6.56%
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 935.00 £ 750.00-1,100.00
Apartment (3 bedrooms) in City Centre 1,960.00 £ 1,600.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,521.56 £ 1,200.00-1,900.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 4,241.98 £ 3,500.00-5,381.96
Price per Square Meter to Buy Apartment Outside of Centre 2,974.59 £ 2,300.00-5,381.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,304.56 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.92 5.00-7.50

These data are based on 166 entries from 36 contributors over the past 18 months.
Last update: May 2025

Sources and References
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