The property market in Greater Manchester is everchanging with certain areas often growing, and declining, in popularity. Certain postcodes can quite quickly become property hotspots if there is a trend of house hunters flocking to the area.
Purplebricks has now revealed that there are extremely high levels of buyer activity a few miles southeast of the city centre in Gorton. Estate agents who look after properties in the M18 postcode are currently witnessing a boom in house viewing requests, with countless offers being made and homes being snapped up as quickly as 24 hours after being put on the market.
But as demand to live in the area is seemingly growing, house prices are now following suit. The average house price in Gorton is £152,000, which is up 15% up on the previous year according to Rightmove. Yet as the area is still much more affordable to live, with the typical price of a home in Greater Manchester around £240,950, there are no signs of the market slowing down any time soon.
