Average Property Price by Metrolink Stop
Manchester House Prices 2014 – 2019
At SOLD.CO.UK we have our finger on the pulse of all things related to property. Over recent years we have noticed the property market in the north of England go from strength to strength as a result of the Northern Powerhouse initiative. The core cities of the north, such as Liverpool, Leeds, Sheffield, Hull and Newcastle are now property hotspots. With the Northern Powerhouse reshaping the market many people are looking to sell up and start a life in a new city and Manchester is a northern city that is getting a lot of attention. Although no two reasons are the same regarding a move to Manchester, we recognise one constant, people want to know price.
With the success of our Map of London House Prices helping people break down the complexities of the London property market, here at SOLD.CO.UK we have decided to expand this on this interactive resource. We have created a Manchester Metrolink property map to allow people to get a clear snapshot of Manchester’s house prices and a sneak peek into the buzz surrounding the property market of the city.
Manchester’s Metrolink services saw 43.7 million tread the platforms of their tram services in 2018. Like any city, the Metrolink is at the heart of the community, helping people get from A to B efficiently. The tram system is relied upon by people from all walks of life, from commuters off to their busy office jobs to school children making sure they don’t miss the first bell. The Metrolink is part of daily life for many Mancunians and many moving to the city base their property decisions on how close a house is to a tram stop.
For this reason, we have systematically analysed all the Metrolink stations across Manchester and have mapped the average house price for the immediate area. Some of the data which has emerged from our research has been fascinating. Both the map and graphics which follow shine a light on the past, present and future of the Manchester property market.
Manchester House Prices
“Manchester may be cheaper than its Southern counterpart, but this map really highlights just how expensive property can be around some of the more popular areas and Metrolink lines.
Much like the London tube map, this a fantastic starting point for those looking to buy and live in Manchester to identify areas that both suit their budget AND are within easy reach of the Metrolink line they need for their daily commute.
What is most interesting to see is where the highest house price increases were seen over time. This should be a really useful tool for property investors and even first-time buyers with one eye on making a future profit.”
CEO of SOLD.CO.UK
Most Expensive Houses for Sale in Manchester – By Metrolink Line
Most Expensive Area in Manchester by Metrolink Line
Compared to the likes of London and the South East, property in Manchester is very affordable. However, with the average salary in Manchester sitting at £28,000 (£8,000 less than that of London) could it be argued that even the priciest of Manchester locations boast lower asking prices due to this lower average annual salary?
Regardless, with Manchester dubbed the London of the North and possessing an average property price of £196,709, it is an exciting prospect for many to live in a city that is considered affordable compared to southern counterparts. With a deposit of £20,000 many Mancunians and those who have moved from the south are securing homes.
However, not all of Manchester’s locations are so affordable when considering the average salary and the fact that only 72.3% of the population are in employment. With city living a popular option for many here we shine a light on the most expensive Metrolink lines to live on in Manchester.
Altrincham – Piccadilly Line
Average Property Price £312,489
Manchester Metrolink’s Altrincham to Piccadilly line boasts the most expensive average house price but interestingly holds the fewest number of tram stops. The line itself starts in Zone 4 in Altrincham and travels through Zones 3 and 2 before terminating at Piccadilly in Manchester’s Zone 1. The majority of the line covers the western and central areas of Manchester. 26% of the line’s stations fall into the most central Zone 1 area of the city which could answer the question as to why the Altrincham to Piccadilly line is the most expensive.
Interestingly the most expensive tram stop on the line is Sale, located in Zone 3, with an average property price of £640,956. A Trafford suburb, Sale was actually voted the 4th best place to live in the UK in 2017, championed for its outstanding schools, community feel and abundance of things to do. Despite being located in Zone 4, Timperley and Altrincham are the following most expensive places to live, with average prices of £501,301 and £496,929.
50% of the tram stops on the Altrincham to Piccadilly line have an average property price over £300,000 – well above Manchester’s average property price of £196,709. Bar the aforementioned locations, the remaining stations in this bracket are Zone 1’s St Peter’s Square (£336,547) and Zone 3’s Brooklands (£328,409) and Dane Road (£306,575).
Altrincham – Bury Line
Average Property Price £254,952
The Altrincham to Bury line follows the exact same path as the Altrincham to Piccadilly line before the two routes split at St Peter’s Square. For this reason, it is no surprise that the most expensive tram stops to purchase a property at on the line are Sale, Timperley, Altrincham St Peter’s Square, Brooklands and Dane Road.
Unlike the Altrincham to Piccadilly line, the Altrincham to Bury line extends into the north east of the Metrolink system. Bury is the end of the line in Zone 4. The most expensive location to live on this line is Queens Road in Zone 2; £273,136. Neighbouring Bowker Vale (Zone 2) and Prestwich Park (Zone 3) take further spots on the most expensive line, with average prices of £259,384 and £241,072.
For the Manchester United fans toying with a move to Manchester, the Old Trafford tram station is just 0.5 miles from the hallowed ground. Again, one of the most expensive locations on the Altrincham to Bury line, buyers will face asking prices around £239,859. Expensive for Manchester, but you wouldn’t need a footballer’s salary to purchase a property in Old Trafford.
East Didsbury – Shaw and Crompton
Average Property Price £211,528
Running centrally between east and west Zone 4 locations is the East Didsbury to Shaw and Crompton line. It is the third most expensive Metrolink line to live on in Manchester, with an average house price of £211, 528. Like the previous two most expensive lines to buy a property on, the East Didsbury to Shaw and Crompton line also traverses through some of the same central tram stations, namely Trafford Bar, Cornbrook, Deansgate-Castlefield and St Peter’s Square, before splitting off towards Exchange Square and beyond.
Speaking generally, Didsbury is one of Manchester’s most sought after residential locations. West Didsbury itself has a village vibe, rich with independent cafes and shops and surrounded by impressive parklands and tree-lined roads with impressive Victorian houses. For this reason, it is no surprise that properties around West Didsbury tram station are an average of £722,279 – the most expensive on the whole of the Metrolink system.
Just like the aforementioned lines, St Peter’s Square is an expensive location on this line, with a typical property value of £336,547. However, the following three locations all feature towards the west of the Metrolink map. Burton Road, located in Zone 3 and with an average property price of £323,536 is one of Manchester’s most expensive locations. Technically part of West Didsbury, it is understandable why living in this location has a premium price tag.
St Weburgh’s Road sits on the cusp of Zones 2 and 3. The tram stop is located in Chortolon-cum-Hard and boasts an average property value of £311,829. Chortlon itself is the neighbouring station in Zone 2 and has an average property price of £302,280.
Cheapest Houses for Sale in Manchester – By Metrolink Line
Cheapest Places to Live in Manchester by Metrolink Line
Property in Manchester is distinctly affordable in comparison to the likes of London and the South. Although Manchester is currently witnessing a period of sustained growth, properties are defined by their affordability. With an average property price of £196,709, there is no surprise why the demand for property is on the rise.
Like the sustained growth in its property market, Manchester has seen an increased popularity with young professionals and businesses. With the growth in popularity, Manchester is drawing investors attention away from London and looking towards the opportunities Manchester is offering.
The research undertaken here at SOLD.CO.UK wanted to explore how affordable properties across Manchester are. As the Metrolink connects all 4 sides of greater Manchester, exploring how affordable properties are on Metrolink lines allows us to create a picture of the property market in Manchester.
Property in Manchester is extremely friendly to buyers. Here we look at the three most affordable lines across Manchester.
Eccles – Ashton-under-Lyne
Average Property Price £170,998
Spanning from west to east across Manchester, the Eccles to Ashton-under-Lyne Metrolink line travels through the newly developed and up-and-coming Salford, before traversing through the centre of Manchester and shooting out East towards the Etihad Stadium and Clayton. Shown as light blue on the map, this line encompasses several of the main stops in the centre and transport hubs.
Although the line travels through the heart of Manchester City Centre and Salford Quays, property prices on the Eccles to Ashton-under-Lyne Metrolink line with the most affordable average property prices across Greater Manchester area, with an average price of £170,998. When you look in detail at the property prices of the stations on the line, it is clear to see there are no distinct anomalies to the overall trend when you delve into specific locations.
It is no surprise when you travel further towards central Manchester property prices do rise and peak with St Peters Square at the heart of the Metrolink with an average asking price of £336,547, with Weaste, the most affordable station on the line, £242,951 cheaper than St Peters square, at £93,596. For those looking for the more affordable prices, the line generally gets cheaper the further East you travel.
Average Property Price £172.342
The Eccles to Ashton-under-Lyne line and Media City to Ashton-under-Lyne follows the exact same path, with the latter starting 5 stations in. For this reason, it is no surprise that the most affordable stops to purchase a property at one the line are Droylsden and Edge Lane. As this line starts further down the line, Weaste is not included for obvious reasons. From Media City, the rest of the line is the same.
The Metrolink was extended to MediaCityUK with the opening of the tram stop in September 2010 in line with the first development phase of the 200-acre site. The development at Salford Quays was the first and largest urban regeneration project and signifies the current regeneration Manchester is witnessing.
As the line stars 5 stations in, this line has a slightly higher average price of £172,342. However, two out of the three cheapest stops are the same, Droyslden with an average property price of £114,520 and Edge Lane with an average price at the stop of £120,847.
With further development planned for Salford Quays and the surrounding area, there is no doubt that property on this line will grow further as demand increases with more and more business choosing to relocate to this specific part of Manchester.
Piccadilly – Bury
Average Property Price £188,040
Starting in the heart of Manchester and travelling north towards the residential area of Bury, the Yellow line consists of 15 stations. Connecting commuters with Manchester Piccadilly train station (links to London), the Arndale Centre, and Manchester Victoria, the Yellow Line is an essential piece of infrastructure in Manchester. With a travel time of 32 minutes from end to end, services are regular with a tram every 12 minutes catering for those commuting into Manchester.
Connecting the highly populated Greater Manchester town of Bury and the centre of Manchester, the Yellow line is an important commuter route connecting people to the heart of Manchester. Although it connects two highly populated and in-demand areas, property prices on this line are some of the most affordable across Manchester, with prices ranging between £81,000 to £273,00. With an average property price of £188,040, and the highest average property price of £273,136 (Queens Road), it is understandable why the demand for properties on this line are growing with commuters.
Crumpsall, Radcliffe, Whitfield and Bury are the most affordable locations to live on the Piccadilly to Bury line, with an average property price around £120,000. In Radcliffe, you can look to spend £81,531 to buy a property and is one of the most affordable places to buy across the Metrolink network.
Highest Average House Price Increase in Manchester – By Metrolink Line, 2014-2019
Manchester House Price Growth
Manchester’s property market has witnessed a sustained period of growth across the city for several years. With the introduction of the Northern Powerhouse Scheme in 2014, Manchester’s economy has seen increased infrastructure and property development. The increase in funding and development has seen the property market of the city grow organically and investors are turning their attention away from London and towards Manchester.
Research conducted by SOLD.CO.UK has analysed the average prices of all Manchester Metrolink lines, offering a distinct comparison between 2014 and 2019. With the level of investment Manchester has received due to the Northern Powerhouse scheme, the growth the property market has witnessed is above and beyond expected levels over the past five years.
Across the Metrolink network, property prices have increased by an average of £44,448 since 2014. Cast your eyes over the top three Metrolink lines which have witnessed the greatest increases.
Altrincham to Piccadilly
2014-2019 Price Change: £63,671
Starting in south west Manchester and travelling north to Manchester Piccadilly, the line connects a large proportion of western Manchester, including the city centre. Acting as one of the main transport routes into the centre of Manchester for people living in suburbs and boroughs in the west of the city, this line is an important commuter route. Connecting some of Manchester’s busiest stops; Manchester Piccadilly, St Peter’s Square to residential hubs of Sale and Altrincham.
Although the line is home to just 14 stations, the Altrincham to Piccadilly line has witnessed the greatest average increase across all routes between 2014 and 2019. In 2014, the average price of a property was recorded at £248,818. Just five years later, this figure has increased by an astounding 25.6%. In 2019 you can now expect to pay an extra £63,671 for a home on the Altrincham to Piccadilly line, with an average property price of £312,489.
Whereas most people would expect the greatest increases to occur around the cluster of five stations located in Zone 1, the locations where property prices have skyrocketed are located across Zones 3 and 4. On average stations location in these zones have witnessed on average an increase of £70,000+ in the 5 years from 2014. The greatest increase was recorded in Sale, with a growth rate of 29.3%, taking the average price from £495,715 (2014) to £640,956 in 2019 (+£145,241).
Sale by far shows the greatest level of growth. However, Zone 4 tram stop Timperley recorded a similar astronomical increase of £86,056 over the five-year period, causing average 2019 property prices to sit at just over £500,000.
Altrincham to Bury
2014-2019 Price Change: £53,785
The Altrincham to Bury line follows the same route as the Altrincham to Piccadilly line as it travels into the centre of Manchester. Once it reaches St Peter’s Square, the line deviates and carries on its journey to the east of Manchester and heads towards Bury. As the line is the same up until St Peter’s Square, there is no surprise that the data of the first 12 stations is the same. For this reason, here at SOLD.CO.UK, we are going to focus on the price increases of stops from St Peters Square onwards, to provide greater coverage of property price changes across the city.
The Altrincham to Bury line, in its totality, witnessed a 26.7% average property price increase between 2014 and 2019. As a figure, properties on this line now sit at prices around £254,952.
Delving deeper into the property prices on this line between St Peter’s Square and Bury, the average property price of the line is £196,166 – an increase of 28.6 compared to 2014. The station on this route with the greatest average increase over the past five years is St Peter’s Square, with a price rise of 27.23%, £72,031 to £336,547 as of 2019.
Towards the western end of the line the highest property price increases featured in Zones 3 and 4. At the opposite end, Zone 2 observed the greatest increases over the past five years, with Queens Road adding £64,557 to the average property price and Bowker Vale, £61,309.
Manchester Airport to Victoria
2014-2019 Price Change: £44,068
One of the longest lines on the Metrolink boasts 24 tram stops and takes passengers from Manchester Airport to Victoria. From end to end a journey takes 58 minutes as the line zigzags its way through southern Manchester, travelling through Old Trafford before entering the city centre. Although the line connects two major transport hubs in Manchester, the route serves to cover the residential areas of Wythenshawe and the outskirts of Sale, acting as the main commuter line for residents.
Although this line is one of the more affordable out the 8 eight Metrolink routes, the Manchester Airport to Victoria line has seen a substantial between 2014 and 2019 in terms of average property price. In the five years SOLD.CO.UK has collated data for, this line has witnessed a 28.1% increase since 2014, with the average price of £200,909 in 2019.
The increases across this line are similar in nature across the entire Metrolink network, backing up the trend that the greatest increases have occurred in Zones 3 and 4. Located in Zone 3, Sale Water Park presented the greatest growth on the line with a £74,429 increase between 2014 and 2019, with prices in 2019 levelling out at £328,409. Shortly behind Sale Water Part, St Peter’s Square (+£72,031) and Barlow Moor Road (+£67,575) saw further average price rises over the five year period.
Map of Manchester House Prices FAQs
Compared to house prices in London and the South of England, property prices in Manchester are distinctly more affordable. Although Manchester has witnessed a period of sustained growth in its property market, housing in the city is defined by its fantastic affordability. The scale of the Manchester Metrolink network accurately shows the cheapest places to live in Manchester.
The property market in Manchester has witnessed and is continuing through a period of growth. With the introduction of the Northern Powerhouse scheme, Manchester has received an increased level of investment which has subsequently had a positive impact on the property market. The growth in the property market has not be limited to a single area of the city, with all four corners of Manchester benefiting from growth.
Although property in Manchester is defined by its affordability, prices do vary across the city and from line to line. Similar to other major cities in the UK, your location in the city and its transport system can have an impact on the value of a property.
The current trend of property prices across Manchester is on the rise. While this is the case, it is difficult to predict the exact future for Manchester house prices, due to the impact of external factors on the property market.
Tram stops that also have other transport links, such as train stations or airports, are considered prime locations. Some of Manchester’s Metrolink stations boast numerous transport links that could affect property prices.
If you have a media enquiry or require insights from a property expert here at SOLD.CO.UK, please get in touch with us at firstname.lastname@example.org.
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