Getting onto the property ladder is tricky, and some areas around Manchester are on the rise but plenty are falling. Stats from the Office of National Statistics show the areas of Manchester where the average house price has fallen in the last 12 months.
The Manchester neighbourhood that has seen the biggest drop in the average house price is Crumpsall. A drop of 23.9% is six percent more than the next highest drop, which could mean a rise in the number of people making a move to the area which is around three miles from Manchester city centre.
We’ve rounded up the 11 neighbourhoods in Manchester where house prices have dropped the most. Joining Crumpsall on the list is Newton Heath and Charlestown among others. We’ve also this week looked at the areas where house prices are rising the fastest - including East Didsbury.
1. 1- Crumpsall South
In Crumpsall South there was an decrease of 23.9% from March 2023, with the average house costing £220,250 then and 167,500 in March 2024 | Google Maps Photo: Maps
2. 2- Piccadilly & Ancoats
In Piccadilly & Ancoats there was an decrease of 17.9% from March 2023, with the average house costing £335,000 then and £275,000 in March 2024 | Marketing Manchester Photo: Marketing Manchester
3. 3- Newton Heath
In Newton Heath there was an decrease of 15.7% from March 2023, with the average house costing £184,000 then and 155,000 in March 2024 | Google Maps Photo: Maps
4. Clayton Vale
In Clayton Vale there was an decrease of 9.9% from March 2023, with the average house costing £172,000 then and £155,000 in March 2024 | Google Maps Photo: Google Maps