Two residential areas in Greater Manchester have been highlighted as UK ‘property hotspots’ based off house price data from 2022.
And they’re probably not the places you’d expect either.
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 time goes on – but now, Rightmove has released its list of the top UK property hotspots for this year based off 2022 data, and two rather surprising Greater Manchester areas have made their way onto it.
To create its list of hotspots, the UK’s biggest property website compared average house prices across the UK between 2022 and 2021 to out find the areas where prices they have risen the most, and the areas where prices are increasing more than the national average indicate that the area is a ‘hotspot’.
As well as soaring prices, Rightmove also considers a ‘property hotspot’ to be a place where there is a high demand for homes too.
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Manchester‘s inner city area of Hulme has claimed second place on the list.
Rightmove has released a list of the top UK property hotspots for this year based off 2022 data / Credit: Wikimedia Commons
Hulme is an ever-changing residential area that’s been the subject of redevelopment projects several times over the years, and has always been a favourite with students and young professionals thanks to it being home to Manchester Metropolitan University‘s (MMU) Birley campus, but Rightmove’s latest data shows it could be set to surge in popularity with a much wider audience this year.
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According to the data, the average price of a home in Hulme jumped up by 26% from £188,454 in 2021 to £238,249 in 2022.
Elsewhere on the list, the Bolton residential area of Little Lever has been named another one of the UK’s property hotspots, claiming eighth place after average house prices soared by 20% from £169,709 in 2021 to £202,890 in 2022.
Grabbing first place as the UK’s top property hotspot was Eastwood in Nottinghamshire, according to Rightmove, with average asking prices in the area jumping by 29% compared with 2021.
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Other property hotspots named in Rightmoves top 10 list based off last year’s data include Sandbanks in Dorset, Heathfield in East Sussex, Chelston in Devon, St. Peters in Kent, Cowes on the Isle Of Wight, Birchington in Kent, and Deeping St. James in Cambridgeshire.
Property prices in each of those areas had soared by more than 19% since 2021.
Two rather surprising Greater Manchester areas have made their way onto the list / Credit: Roger Kidd (via Geograph)
While the South East has the most areas featured in the top 10 property hotspots, the North East, however, saw the biggest regional annual growth of 10.3% in 2022, and as a whole, house prices across the UK were higher in 2022 than the year before.
Rightmove says average house prices were 5.6% higher across the UK at the end of 2022 than they were at the same time in 2021.
“Property prices have risen exceptionally over the last three years,” admitted Tim Bannister, property expert at Rightmove.
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“If we compare with December 2019, just before the pandemic started, the average asking price of a home in Great Britain has risen by a staggering 20%, so to put that into context, asking prices rose just 3% in the previous three years, and we need to go all the way back to 2013 to see similar price growth.
House prices were 5.6% higher across the UK at the end of 2022 than they were in 2021 / Credit: Julie Twist Properties (via Rightmove)
“We expect average asking prices to drop by 2% next year now that the frenetic period for the market is over.
“It is likely that some sellers, particularly those in locations and sectors of the market that have benefitted the most from pandemic price growth, may be willing to give up some of their gains in this calmer market in order to negotiate a successful sale.”
The ‘truly distinguished’ Grade II-listed house on the market for under £1m in the Greater Manchester countryside
Emily Sergeant
A Grade II-listed detached stone residence is on the market in one of Greater Manchester’s most sought-after rural villages.
And the best bit? It’s actually currently being listed at just under the £1 million mark.
Now, despite this being a little cheaper than others properties we feature, it goes without saying that the vast majority of us won’t have this kind of money just sitting in bank accounts right now… but if like us, you’ve got no shame in admitting you love looking at houses you can’t afford in places you’ll probably never live, then allow us to introduce you to this absolute beauty.
This is Springwood House – an exceptional Grade II-listed four-bedroom detached family home that estate agents describe as being ‘truly distinguished’.
This is Springwood House / Credit: West Riding
Nestled in the heart of Delph village – which is one of Saddleworth’s best-loved residential areas, thanks to being within easy reaching distance of a wide range of amenities, good local schools, transport links, and of course, countryside – one of the most noticeable things about this property is just how many original features there are.
We’re talking original Victorian tiles, solid oak floors, and preserved period architrave and archway, sash windows, open fireplaces in nearly every room… the list goes on.
The property is lucky to boast several spacious reception rooms, dining room spaces, a bespoke kitchen that’s been thoughtfully designed to complement the property’s heritage with a convenient utility room, and even well-kept cellars.
The ‘truly distinguished’ Grade II-listed house is on the market for under £1m / Credit: West Riding
Once you ascend the beautiful staircase, you’ll find four generously proportioned bedrooms.
Two of the bedrooms benefit from their own ensuites, three retain original fireplaces, and all enjoy sash windows, fitted wardrobes or storage cupboards, and captivating views over the surrounding countryside.
There’s also two bathrooms – one featuring a freestanding bath and separate shower, and the other offering a shower over bath with exposed beams.
It’s nestled in the picturesque Saddleworth village of Delph, with countryside surrounds / Credit: West Riding
And, of course, just as you’d expect in a picturesque neighbourhood like this one, Springwood House is just as stunning outside as it is on the inside.
Surrounded by beautifully landscaped gardens, the property offers three separate seating areas positioned to enjoy the sun throughout the day, enhanced by the relaxing sound of the nearby river and pond, all set against the backdrop of the Saddleworth countryside.
The property also boasts ample off-road parking for multiple vehicles, and a substantial garage too.
This property is currently on the market with Uppermill-based independent estate agents, West Riding, for and if you fancy taking a closer look, then you can contact the agents to arrange a viewing.
Featured Image – West Riding
Property
Renting is now cheaper than buying across much of the UK – but not in one Greater Manchester area
Emily Sergeant
New statistics have revealed that renting a property is now cheaper than buying one across much of the UK.
But in one popular Greater Manchester area, it still remains the other way around.
According to leading property platform Rightmove, which has analysed the latest price data, the average monthly rent in Great Britain is now lower than a typical new mortgage payment – with the average advertised monthly rent nationwide being £1,547 and a new mortgage on a typical home currently costing around £1,670 a month.
This means that renters, for the first time since June 2025, are coming out £123 a month better off than buyers.
Rightmove says that, to arrive at that figure, it used the current average asking price of £373,971, paired with the average two-year fixed rate of 5.35% recorded so far in April, and with calculations assuming a 20% deposit and a 30-year term.
So, what has changed then? Well, the simple answer is that mortgage rates have gone up.
Renting a home is now cheaper than buying one across much of the UK / Credit: Benjamin Elliott (via Unsplash)
The average two-year fixed rate sat at 4.24% in February, but by April, it had climbed to 5.35%, and unfortunately, that increase is enough to push a new buyer’s monthly payment above what many people are currently paying in rent.
The national picture does not tell the whole story though, however, as there are real differences from one part of the country to another, largely driven by local property prices.
As mentioned earlier, there is one popular Greater Manchester residential area where buying is still cheaper than renting overall, according to the latest data – and that is Salford.
In Salford, the average asking price of a property is £245,478 with an average monthly mortgage repayment being £1,096, whereas the average monthly rent sits at £1,323, so this means that a +£277 difference.
Rightmove property experts say Salford is helped by ‘more affordable’ property prices keeping borrowing costs ‘in check’.
“Mortgage payments have risen quite sharply in a short space of time for new buyers,” commented Rightmove property expert, Colleen Babcock.
“It will be interesting to see whether more would-be buyers turn to renting temporarily while rates remain high, particularly when monthly costs can exceed average rents and the timing of rate cuts is still unclear.”
Emily Sergeant -
6th January 2023 
