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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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
Manchester restaurants to add an extra £1 to bills to help fight homelessness this Christmas
Emily Sergeant
A handful of local restaurants will be adding an extra £1 onto every bill over the festive season to help fight street homelessness.
People in Greater Manchester are once again able to give back while they dine at some of the best restaurants the region has to offer in the run up to Christmas, as the successful StreetSmart fundraising initiative is back for another year.
This year, 13 fantastic restaurants have come together to support local homeless charities as the campaign launched last Friday (1 November).
Manchester independents such as Mana, Climat, 20 Stories, and Tariff and Dale are among those taking part in the campaign this year, alongside several city centre branches chains such as Tampopo, Banyan, BOX, Manahatta, and San Carlo.
StreetSmart works by each participating restaurant adding an extra £1 to every bill they deliver throughout November and December, with all of the money raised going directly to local homeless organisations, thanks to StreetSmart’s official sponsorship from LandAid.
The funds raised by StreetSmart in Greater Manchester this year will support the crucial work of organisations such as CentrePoint, and Akt – a charity supporting LGBTQ+ young people aged 16-25 into safe homes, employment, education, or training.
In 2023, Manchester restaurants alone raised a whopping £25,000 for these life-changing services in the local community.
Manchester restaurants are adding an extra £1 to bills to help fight homelessness this Christmas / Credit: Supplied | Rifqi Ali Ridho (via Unsplash)
“Many of us want to help the vulnerable people in our community during the festive period, and StreetSmart provides an easy way to do this,” explained Glenn Pougnet, who is the Director of StreetSmart.
“We’re grateful to see so many local restaurants stepping forward to help our city’s homeless.
“It’s amazing to witness the kindness that our community has to offer, and see the tangible impact of our efforts and funding in the community.
“This year, we’re proud to be taking another step towards the eradication of homelessness, and look forward to seeing even more restaurants getting involved over the Christmas period.”
Featured Image – John Carey (via Supplied)
Boroughs
Andy Burnham calls for ‘efficient and reliable’ public transport as he slams Northern rail services
Emily Sergeant
Andy Burnham has called for an ‘efficient and reliable’ public transport system as he slams Northern’s rail services for being ‘not good enough’.
The Mayor of Greater Manchester has been vocal about his condemning views of rail travel across Greater Manchester and the North West over the past couple of years, notably calling for widespread reforms across the board, and particularly taking aim at Avanti’s running of the West Coast Main Line – especially as regular delays and cancellations have become commonplace for many.
But now, Mr Burnham, along with a handful of other Mayors across the North, have written to the Government to highlight poor performance by Northern.
This comes after Mr Burnham called an emergency meeting of the Rail North Committee last Wednesday, which saw regional mayors and leaders seek “immediate assurances” from Northern after a spate of cancellations, overcrowding of services, and ‘Do Not Travel’ warnings on Sundays.
Greater Manchester now regularly sees between 30% and 40% of its services cancelled on Sundays, and in many cases, no replacement bus services or alternative travel methods have been provided.
Andy Burnham has called for ‘efficient and reliable’ public transport across the north / Credit: TfGM
The Committee members said they fear that, without intervention, the situation could get worse, and ultimately affect confidence amongst shoppers and travellers as we head into the busiest time of year.
“The situation must be reversed in the interest of passengers and the region’s businesses, especially those in the retail and hospital sectors,” the Committee concluded.
Some of the topics discussed in the Committee meeting were the fact that, within the past week alone, with it being half term for many in the region, a total of 1,600 trains were cancelled across the network, and there was a lack of mitigations in place, such as ticket acceptance with other operators, when this happened.
Infrastructure challenges, high staff sickness levels, and Northern’s reliance on staff working on rest days was also discussed.
Last night, there were widespread cancellations of @northernassist services causing chaos at stations.
It can’t go on.
Following a special Rail North Committee, I have written to the Chancellor to ask that a pending agreement on rest day working is approved as soon as possible.
“Efficient and reliable public transport is a critical enabler of economic growth,” Mr Burnham said.
“What we heard from Northern at the meeting of the Rail North Committee was not good enough for residents and businesses across the north. That is why, on behalf of the Rail North Committee, I have written to the Chancellor and the Secretary of State to urge them to support us to bring the service back to an acceptable level.”