Manchester is a vibrant city, which has so much to offer. Not only is it known for having two of the world’s biggest football clubs, but it has an excellent shopping centre; the Trafford Shopping Centre. With so much to see and do here, it is of no surprise that you are thinking about buying a property here. With that in mind, read on to discover everything you need to know about properties in Manchester and securing a mortgage here.
Average property prices in Manchester
The average property price in Manchester over the past year is £212,235. Most of the sales throughout the past 12 months have been semi-detached homes, which have fetched £233,838 on average. Flats have been sold for £195,824 on average, and terraced properties have been sold for £177,237 on average.
The places to buy a property in Manchester
There are a lot of great places in Manchester and the surrounding area so you should have no trouble finding a neighbourhood that is right for you. We’re going to take a look at some of the best areas in Manchester below, but this is a mere handful of the options available.
Worsley is the perfect spot if you’re looking to settle down or if you already have a family. It has outdoor spaces like Worsley Woods, family-friendly restaurants and pubs, and outstanding schools, which makes it good for families. It also has excellent public transport links. Plus, the average property price is cheaper than a lot of the nearby neighbourhoods, with a semi-detached property costing £234,577 on average.
If you are a young professional that is seeking an exciting part of Manchester to call home, Ancoats is the perfect place for you. This is an old part of the city that has kept the relics of the industrial past, with modern offices and apartments that are located in classy canalside accommodation and old mill buildings. This is a location that really does have it all, from live music and comedy nights to independent shops and street food.
The District of Moston can be found three miles to the north-east of the city centre in Manchester. This is a quiet residential location, which is only 30 minutes from the city centre where you will find eateries, museums, activities, amenities, and much more. It is also just a half-hour drive from the Peak District National Park, as well as being home to Broadhurst Park. With this district, which is a bit of a hidden gem in Manchester, you really are getting the best of both worlds. The good news does not end there, as properties are affordable here too! The flats in Moston go for £88,896 on average, a terraced house will go for around £99,285, and semi-detached properties are valued at £133,545 on average.
Other places that you may want to consider include the likes of Saddleworth, Castlefield, Northern Quarter, Spinningfields, Millennium Quarter, Green Quarter, Hulme, and New Islington. There really is something for everyone here.
Council Tax in Manchester
The council for this part of the country is the Manchester City Council. You can view the current council tax rates for the different bands in Manchester. These rates are per annum:
- Council Band A – £1149.80
- Council Band B – £1341.43
- Council Band C – £1533.07
- Council Band D – £1724.71
- Council Band E – £2107.97
- Council Band F – £2491.24
- Council Band G – £2874.51
- Council Band H – £3449.42
Getting a mortgage in Manchester
FREE MORTGAGE ADVICE
If you are interested in purchasing a property in Greater Manchester or one of the surrounding areas, such as Oldham, Salford, or Stockport, YesCanDo Money can help you to secure the mortgage you need. We have many years of experience in the property industry and as a mortgage broker, we also have access to a wide range of mortgage products, enabling you to find the best one for your financial situation.
YesCanDo Money offers free advice online and over the phone and via WhatsApp. Receive excellent mortgage support from our fee-free service that helps you with getting the best mortgage deal.
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