
Greater Manchester Home Prices Soar Amid UK Dip
About this episode
Despite the UKs recent house price dip, Greater Manchesters property market thrives, with every borough seeing increases. Oldham leads the pack, averaging £214,000, up 5.9% from last year. Rochdale and Bolton follow, with Salford also showing growth, signaling a steady upward trend in the region.
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UK News Today | 2 Min News | The Daily News Now! — Greater Manchester Home Prices Soar Amid UK Dip. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On March 25, House prices across the UK have dipped recently, dropping by 4,000 pounds over 3 months to an average of 200, 68,000 pounds nationwide, based on the latest office for national statistics data. In greater Manchester though, the picture is completely different, with prices rising in every single borough and bucking the national trend. Oldham stands out as the top performer, where the average home now costs 214,000 pounds, about 5.9% from last, year or an extra 12,000 pounds per property. Rochdale follows close behind at 207,000 pounds with a 5.6% jump, adding 11,000 pounds on average, while Bolton, Barry and Manchester saw increases around 4 to 4.5%. Even the slower spots, like Solford, add 1.2% growth to 225,000 pounds, still show gains across the board. Highlighting greater Manchester's steady upward momentum amid broader market softness.
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