Properties sell for an average of £234,867 in the city according to the Land Registry UK House Price Index, which is far more reasonable than in London where a property will set you back £523,376 on average. 

Manchester is predicted by JLL to be the second strongest city for house price growth until 2028, beaten only by Birmingham. It is anticipated that Manchester will see some of the most impressive sales price growth of any UK city until 2028, with JLL estimating that prices will increase by 19.3%. This is particularly impressive considering that the same report from JLL predicted that national property price growth would sit at 17.6%, putting Manchester ahead of national growth predictions. 

Predictions by JLL suggest that Manchester is set to one of the the location which will see the most dramatic rental value growth until 2027. Rental values are projected to see an average 4% boost every year until 2028, only being outpaced by Birmingham and Edinburgh at 4.1%.

Manchester has experienced significant population growth since the start of the millennium. In fact, the number of inhabitants has soared from 422,000 to 600,000, and is anticipated to grow by a further 30,000 in the next six years. 100,000 people are due to live in the city centre alone by 2026, which makes city centre property a particularly sensible investment as this area is set to become increasingly in-demand with searching tenants and buyers.

Demand will also be impacted by the growing job market in the area, with 65,000 new jobs due to emerge in Manchester over the next few years as a result of its redevelopment efforts. This will increase employment in the city centre to 315,000 by 2040.