The upward trend in house prices has been a consistent theme over the last few years yet, despite some signs of the property market gradually slowing down, there are certain areas where the cost of a home just keeps on rocketing.
House prices are constantly fluctuating across Greater Manchester but there are some parts of the region where they have continued to climb over the last few months, which is often an indication that the area is becoming a popular property hotspot.
A property hotspot is an area where, for whatever reason, prices are increasing much quicker than the national average. Whilst comparing house price growth between August and October, we found 10 areas in particular where prices have soared by considerable amounts.
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Here are Greater Manchester's latest property hotspot areas, where the average cost of a home has shot up as much as almost £70,000, according to the latest house price data from Rightmove.
Hale, Trafford
Hale is well known as one of Greater Manchester's most expensive areas to live, and it looks as though that isn't changing any time soon.
Back in August, the average price of a home in the affluent village was £731,501, but in October this jumped up by £69,342 to £800,843.
Marple Bridge, Stockport
Marple Bridge is another of the region's more prestigious areas where house prices are known to be relatively high.
Between August and October, the average cost of a property here has jumped up by £52,901 from £417,523 to £470,424.
Belle Vue, Manchester
As an area that has more affordable house prices, Belle Vue has seen a rise in the average cost of a home in recent months.
Property prices in August were around £159,462 whereas in October they were recorded at £207,709, which is a rise of £48,247.
Broadheath, Trafford
Another property hotspot is Broadheath, where prices have risen by £39,346 since August.
The average house price three months ago was £274,973, but this has now risen to £314,319.
Beswick, Manchester
Beswick has relatively low house prices, but they have been rising over the last few months. In August, the average cost of a home was £175,650 whereas the latest house price is £206,003 - which has climbed by £30,353.
Bradford, Manchester
House prices in Bradford are on the rise too, after soaring by £30,347 since August. The average cost of a home at that time was £175,656 but a property in this area will now cost around £206,003.
Reddish, Stockport
Reddish is another area that has seen house prices rise over the last few months, suggesting that it could now be a property hotspot. In August, the average house price was £199,363 whereas in October this jumped by £29,027 to £228,390.
Miles Platting, Manchester
Miles Platting had an average house price of £192,577 in August which is relatively low. The cost of a home in this area has now jumped up to £220,593 in October after rising by £28,016.
Burnage, Manchester
House prices in Burnage also appear to be getting more expensive.
In August you could buy a home in the area for around £277,303, however in October this has increased by £26,090 to £303,393.
Timperley, Trafford
Timperley is the finally property hotspot in the region, where house prices are continuing to rise.
The average cost of a home in August was £390,285, but you can now expect to pay around £415,997 for a home after a rise of £25,712.
These figures are accurate as of October 14, 2022.
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