Eight areas of Greater Manchester have average house prices below the UK average, with Wigan the most affordable borough in the region.
UK house prices rose 0.8 per cent over the last year, bringing the average cost of a property across the country to £273,100, according to Zoopla's house price index. Homes in the North West are now priced 3.2 per cent higher than a year ago.
Most and least expensive boroughs
Trafford is the least affordable place to buy a home in Greater Manchester, where the average home cost £394,000 over the last 12 months, according to the latest figures from the Office for National Statistics. Stockport is the next most expensive, with average house prices of £319,000 in the same period.
In contrast, eight parts of the region offer homes for much less than the UK average of £273,100.
The most affordable areas
Wigan is the most affordable borough, with an average property price of £194,000, up 2.8 per cent over the last year. Average house prices there are 5.1 times the average earnings of £38,143 in the area.
Bolton follows with an average price of £204,000, up 4.8 per cent annually, and prices 5.7 times local earnings of £35,841. Rochdale has an average cost of £211,000, up 3.3 per cent, with prices 5.9 times earnings of £35,878.
Tameside has an average price of £213,000, up 1.4 per cent, with prices 5.9 times local earnings of £36,001. Oldham averages £217,000, up 4.6 per cent, with prices six times earnings of £36,352.
Further affordable options
Salford has an average home cost of £223,000, down 1.7 per cent over 12 months, with prices 5.9 times earnings of £37,481. Bury averages £243,000, up 2.8 per cent, with prices 6.2 times earnings of £39,423.
Manchester completes the list with a typical home price of £257,000, up 2.1 per cent, and prices seven times local earnings of £36,860.
