A 4,223-sale annual run rate and a £245,000 median tell a more nuanced story than the headline year-on-year dip suggests.
Manchester closed 4,223 residential transactions over the trailing twelve months at a £245,000 median, down two per cent year on year. Volume is steady, pricing has softened modestly, and the development pipeline is best read across the wider Greater Manchester footprint until the city-council planning feed refreshes.
Market data at a glance
Source: HM Land Registry Price Paid, rolling 12 months.
Source: HM Land Registry Price Paid Data. Median computed across all registered transactions per period.
Development pipeline
Erection of a residential development comprising 498 dwellings (Use Class C3a) together with landscaping, sustainable drainage features, pedestrian footways, vehicular accesses and highways, parking provision and other associated works
Demolition of existing part vacant buildings and erection of a part 10 storey, part 27, part 28 storey residential development comprising 359 homes (Use Class C3) with supporting amenity spaces, and associated highways works, landscaping, plant areas, and other associated works.
Proposed cross boundary application (Stockport MBC and Manchester CC) seeking full Planning Permission for a residential development of up to 200 dwellings (Use Class C3), including landscaping, open space, engineering works (including the infilling of an existing water body), car and cycle parking,
Erection of six residential blocks, following demolition of existing buildings and structures, to provide a total of 212 dwellings (Use Class C3) comprising: one 10-storey building accommodating 86 apartments; four buildings of 5 to 6 storeys (including attic storeys) accommodating a total of 119 ap
Erection of a part 10, part 11, part 14 and part 20 storey residential building comprising 189 apartments (Use Class C3a) with associated residents’ amenity space, servicing and public realm following demolition of existing buildings and other associated works
Erection of a residential development comprising 152 dwellings comprising of: two and three-storey houses; and five and six-storey apartment blocks (Use Class C3a) together with landscaping, sustainable drainage features, pedestrian footways and highways including access from Kirkmanshulme Lane, par
Source: Manchester City Council portal. GDV estimates use local sales medians by property type.
Sales activity
| Date | Address | Type | Tenure | Price |
|---|---|---|---|---|
30 July 2026 | 26, THIRLMERE ROAD | T | F | £198,000 |
29 July 2026 | 51, DUNNISHER ROAD | S | F | £330,000 |
28 July 2026 | FLAT 11, BEECH HOUSE, 2, LAURISTON CLOSE | F | L | £160,000 |
27 July 2026 | 4, HARROW AVENUE | S | F | £275,000 |
24 July 2026 | FLAT 904, 141, CHESTER ROAD | F | L | £267,500 |
24 July 2026 | 29, KENSINGTON ROAD | T | F | £490,000 |
24 July 2026 | 28, MILLAIS STREET | T | F | £155,000 |
24 July 2026 | 13, MARYLON DRIVE | S | F | £430,000 |
Manchester is absorbing stock at a £245,000 median; the work now is in tightening exit assumptions, not loosening them.
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Methodology: Pending GDV is estimated by multiplying declared unit counts by local sales medians for the corresponding property type. Approval rate is the share of decided applications (last 12 months) granted permission. Sold-price changes are year-on-year comparisons of the median sale price. Pipeline activity refers to residential development applications only — household extensions, conditions variations, and other non-development applications are excluded. Construction Capital is a trading name of Lenzie Consulting Ltd. (08174104).