The property market may be slowing down across the UK, but it’s a different story here in Greater Manchester as house prices continue to soar in 2023.
There’s no doubt the property market in our region has been booming over the last decade or so, with average house prices seeming to rise year-on-year, and more and more areas becoming sought-after as the places to live.
But when we look at the wider UK housing market, house prices are currently on the decline.
After what had been continuous price hikes as a result of a high demand for properties following the pandemic, recent figures from Nationwide and Halifax have shown a consistent fall in the average house prices over the last five months – which is of course great news for buyers, but not so good for those looking to sell.
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House prices are rising the most in these Greater Manchester areas / Credit: Geograph
Here in Greater Manchester though, a handful of residential areas have seen house prices continue or start to soar in 2023, and the Manchester Evening News has decided to shine a light on 10 of them in a recent round-up.
The paper used data from HM Land Registry and looked at what the average price of a house was back in October 2022 compared to February 2023 to find out where prices are rising the most.
10 Greater Manchester areas where house prices are rising the most
(Average price as of February 2023 listed)
Bramhall, Stockport – £494,819
Broadheath, Trafford – £349,190
Bowdon, Trafford – £897,758
Heaton Chapel, Stockport – £358,329
Cheadle Hulme, Stockport – £365,327
Heaton Norris, Stockport – £300,921
Whitefield, Bury – £274,705
Radcliffe, Bury – £231,989
Audenshaw, Tameside – £221,088
Ardwick, Manchester – £204,743
The affluent leafy suburb of Bramhall in Stockport took the top spot on the list, with data showing that the average cost of a home in the area is now £494,819 – which has gone up by £48,558 from £446,261 in October 2022.
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The average cost of a home in Broadheath in Trafford was £303,094 back in October, but this has now jumped up to £349,190 in February, where as in Bowdon – which has always been one of the most expensive places to live in the region – the average price was £855,886 in October, but this has now risen by £41,872 to reach £897,758.
Bramhall, Broadheath, and Bowdon are the places where prices are rising the most / Credit: Alan Cleaver (via Flickr)
Heaton Chapel and Cheadle Hulme in Stockport are both seeing fast price hikes, with the average cost of a home now being £358,329 and £365,327.
Two of the most popular areas in the borough of Bury, Whitefield and Radcliffe, have also seen house prices rise on average, with the Tameside town of Audenshaw also seeing homes get more expensive, and while the Manchester suburb of Ardwick may be sitting in tenth place, prices are still on the rise.
We may only be two months into 2023, but it’s predicted that in these 10 areas of the region, house prices will only continue to rise.
Featured Image – Roger Kidd (via Geograph)
Boroughs
No trams to run on THREE major Greater Manchester lines for two weeks this month
Emily Sergeant
Widespread disruption is expected, as no trams will be running on three major Greater Manchester lines for two full weeks.
As the next phase of the ongoing £150m investment into Greater Manchester’s tram network gets under way later this month, it has been announced that essential improvement work is set to be be carried out on three major Metrolink lines across the region in a bid to make the network ‘safer’ and ‘more resilient and reliable’ for years to come.
From Monday 19 October to Sunday 1 November, tram improvement works will take place at Deansgate-Castlefield, and Trafford Bar.
Additional works will also take place in the city centre during this time, allowing Transport for Greater Manchester (TfGM) to keep closures of the tram network to a minimum.
During the dates above, no trams will run on the Altrincham, Trafford Centre, and Eccles lines.
No trams will be running on three major Greater Manchester line for two weeks this month / Credit: TfGM
A number of shuttle bus services will the running over the course of the two-week closure – with services arriving every 10 or 15 minutes, depending which line it’s on, and you can find a full list of these here.
Services operating on the East Didsbury and Manchester Airport lines will terminate at Firswood, and from Firswood, passengers will then need to board a replacement bus service to continue their journey into the city centre.
Services operating on the Rochdale line will terminate at Exchange Square, it has also been announced.
Services will resume on these lines from start of service on Monday 2 November.
However there will be some minor route changes through the city centre in place from Monday 2 to Wednesday 4 November, so it’s important to check your journey before you travel.
Featured Image – TfGM
Boroughs
New measures announced to tackle ‘rogue’ landlords across Greater Manchester
Emily Sergeant
A cohort of trained enforcement officers are set to hit the streets in all 10 boroughs to help improve the lives of the region’s renters.
Forming part of Greater Manchester‘s commitment to the highest-quality housing standards alongside the Good Landlord Charter, the newly trained enforcement officers will be tasked with protecting tenants, joining Council teams in checking rental properties, bringing enforcement action against bad landlords, and cracking down on illegal practices.
The introduction of the new enforcement officers comes after what has been ‘years of sustained pressure’ on local budgets.
Greater Manchester Combined Authority (GMCA) says it is working with the 10 councils across the region to strengthen local teams, rebuild in-house skills and expertise, and ensure that powers can be applied with consistency in all boroughs.
As mentioned, this is happening alongside the Good Landlord Charter – which is GMCA’s ‘bold approach’ to drive up standards for renters across the region.
Landlords of more than half of rented properties in Greater Manchester have now signed up as supporters of the Charter, and as supporters, they have committed to going above and beyond legal minimums to improve the renting experience for hundreds of thousands of people.
“A safe place to call home is the cornerstone of a happy, healthy life,” explained Mayor Bev Craig. “But for years, people have felt trapped in poor-quality housing, and cash-strapped councils were unable to step in to help. I’m putting an end to that.
“We know there are plenty of good landlords in Greater Manchester, and many of them have already signed up to our Good Landlord Charter, but too many are just not good enough.
“That’s why we’re deploying a new generation of expert housing officers onto the streets of our towns and cities.”
Mayor Bev Craig declared that she ‘won’t stand by and let rogue landlords take advantage of people’.
She continued: “By empowering renters, working with responsible landlords, and using our powers to crack down on the bad ones, I will make sure everyone in Greater Manchester has the foundation for a good life.”