What can you afford in Manchester?
3,785 homes changed hands in Manchester over the last 12 months (Jul 2025 – Jun 2026). Half sold for £258,000 or less, a quarter for under £197,500, and three quarters for under £345,000. Buying the median home with a 10% deposit needs roughly a £51,600 salary at the typical 4.5× lending multiple , see what £52,000 takes home.
Affordability in one number: the median home here sold for 7.1× the local median full-time salary of £36,278 (ONS ASHE 2025). A typical lender stretches to about 4.5× one income plus your deposit, which is why the deposit and second incomes decide so much here.
Sold prices · Manchester
£258,000
median sold price, Jul 2025 – Jun 2026
- A quarter under
- £197,500
- Three quarters under
- £345,000
- Sales
- 3,785
- HPI average
- £247,469
What each salary reaches here
Budget = 4.5× salary with a 10% deposit, against the 3,785 actual sales.
| Salary | Budget | Share of sales in reach |
|---|---|---|
| £25,000 | £125,000 | 4.9% |
| £35,000 | £175,000 | 17.1% |
| £50,000 | £250,000 | 46.9% |
| £75,000 | £375,000 | 80% |
| £100,000 | £500,000 | 90.8% |
By property type · median sold price
And the salary that price implies, at 4.5× with 10% down.
| Type | Median · sales | Salary needed |
|---|---|---|
| Flat | £210,000 · 1,385 | ≈£42,000 |
| Terraced house | £259,000 · 1,115 | ≈£51,800 |
| Semi-detached house | £305,500 · 1,126 | ≈£61,100 |
| Detached house | £400,000 · 159 | ≈£80,000 |
For context, the UK House Price Index puts Manchester average prices up 0.5% over 12 months.
Nearby in the index
Sold prices: HM Land Registry Price Paid Data (standard residential sales), Jul 2025 – Jun 2026, standard residential sales, England & Wales. Averages: UK House Price Index (HM Land Registry / ONS). Lending estimates use a typical 4.5× single-income multiple and are not a mortgage offer or financial advice.