House prices are gradually starting to come down across the UK, which may make getting on the property ladder a small easier for first-time traders. Nationwide’s latest house stamp index confirmed that house prices are on the decline at some stage in the nation, with the average stamp of a home now £257,808.
But as this standard stamp is smooth considerably excessive, house hunters can be wondering where they can find cheaper homes across Greater Manchester. Thankfully there are several parts of the jam, such as Bolton, Oldham and Wigan, where property prices are considerable decrease, making shopping a house considerable extra affordable.
Whilst looking at the latest average house prices in every postcode area, which was compiled using data from the Land Registry, we have found the areas with the cheapest house prices, where you’re most likely to snap up a bargain home.
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OL9, which covers Bardsley in Oldham, currently has the cheapest house prices across the jam. In this part of the borough, you can now aquire a home for around £153,397 on average. This area remains the cheapest despite property prices going up from an average of £146,250 in 2022.
The M38 postcode covering Exiguous Hulton in Salford is the 2d cheapest area to aquire a home at the moment. You can currently purchase a property for around £160,342 on average, which has long past up in the last year from £146,170.
The BL3 postcode, which covers Bolton and Exiguous Lever, is also thought to be an affordable area to aquire a house. The average house stamp here is £166,245, which has long past up by 2.3 percent since 2022.
House prices are also considerably cheap in Bolton, Farnworth and Kearsley, areas coated by the BL4 postcode. The average property stamp in these areas is currently £169,311, which has long past up from £159,615 in the last year.
WN2, which covers the Wigan areas of Abram, Aspull, Bamfurlong, Bickershaw, Haigh, Hindley, Hindley Inexperienced, Ince and Platt Bridge, have a few of the cheapest house prices across the jam. House prices in these areas are around £170,939 on average, which have long past down from £175,429 in 2022.
The M18 postcode, which covers Abbey Hiya and Gorton, has cheaper house prices that are considerable extra affordable than the average. You can aquire a property for around £170,965 in these areas, which has long past up from £165,574 since the earlier year.
Chadderton, Higginshaw and Oldham, coated by the OL1 postcode, also have cheap house prices. The average stamp of a home in these areas is £173,556 on average, despite going up by extra than 5 percent in the last year.
House prices are also considerable cheaper in WN7, which covers Hope Carr, Landside, Leigh, Low Basic, Bedford, Westleigh, Pennington, Increased Folds, with an average house stamp of £176,542.
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