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Demand for Apartments in Manchester and Salford Higher Than Anywhere Else in the UK

Manchester and Salford saw the highest percentage increase of flats sold between 1995 and 2015 across the country, with the number of flats sold in Manchester and Salford rising by 25.5% and by 22.1% respectively over the last 20 years, according to the latest figures.

Manchester and Salford saw the highest percentage increase of flats sold between 1995 and 2015 across the country, with the number of flats sold in Manchester and Salford rising by 25.5% and by 22.1% respectively over the last 20 years, according to the latest figures.

With a 25.5% increase from 1995, flats sold in Manchester in 2015 constituted more than a third of all property sales, or 35.6%. Salford, with a 22.1% increase over the 20-year period, saw flat sales in 2015 constitute almost half of all property sales, or 49.5%.


London, on the other hand, placed third in the list with a 19.9% increase over the 20-year period, with flats constituting 55.2% of all property sales in the city in 2015.


According to the report, the average flat in Manchester and Salford now costs £135,161 and £117,950 respectively, an average of £220,944 more than the average price for a flat in London, which costs £345,000.


The increase in the proportion of flats sold was also observed to be more prevalent in urban areas, specifically those areas where less than 26% of population live in rural zones. Manchester city centre has seen a 4,900% increase in population since 1999, with the number of people living in the area increasing from just 400 to 20,000 in 2015.


The increase in Manchester’s population has been mirrored by an abundance of capital invested in the city’s commercial property sector, which between 2014 and 2015 saw a record investment of £2.3 billion – higher than any other city in the UK. 

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