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The 10 cheapest homes that sold in Greater Manchester for less than £50,000 this year

Manchester Evening News logo Manchester Evening News 16/08/2022 Phoebe Jobling

The cheapest homes bought across Greater Manchester in the last few months have been revealed. Ten properties sold between April and June this year for bargain amounts ranging from £40,000 to £50,000.

Three of the homes were sold in Wigan, which is the region's most affordable borough to buy a home with an average house price of £167,662 . The borough is home to some of the cheapest areas such as Ince, Pemberton and Platt Bridge where house prices are extremely low.

The boroughs of Oldham and Rochdale also had sales for less than £50,000, with three of the cheapest homes selling in Middleton. Some bargain homes also sold in boroughs that are typically known to be more expensive such as Salford, Stockport and Manchester.

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The most recent figures from the Office for National Statistics come as house prices in the UK have fallen for the first time this year, according to Rightmove's latest house price index.

The average price of a property coming onto the market is now £365,173, which has dropped by 1.3 per cent in August.

Here are the cheapest homes that sold in our region in the last few months:

Hollins Road, Oldham

820 Hollins Road, which is a two-bed terraced house in Oldham, sold for £40,000 on April 22 - one of the cheapest sales recorded during this time.

David Street, Bury

This was the cheapest home sold in Bury in the last few months © Google Maps This was the cheapest home sold in Bury in the last few months

A terrace home in Bury, at no.55 on David Street, also sold for £40,000 on April 28.

Baguley Crescent, Middleton

On May 26, a flat at no.70 Baguley Crescent in Middleton, Rochdale was bought for £43,000.

This sale may have been a buy-to-let, a transfer to a company, or a repossession.

Henry Park Street, Ince

No.2 Henry Park Street in Ince, Wigan, which is a terraced house, sold for £45,000 on June 7.

Baguley Crescent, Middleton

Two flats sold at Baguley Crescent for less than £50,000 © Rightmove / Taylor James Auctions Two flats sold at Baguley Crescent for less than £50,000

A flat at no.82 Baguley Crescent in Middleton, Rochdale sold for £45,000 on May 19.

Westminster Street, Newtown

On April 14, a terraced house at no.28 Westminster Street in Newtown, Wigan was bought for £50,000.

This sale may have been a buy-to-let, a transfer to a company, or a repossession.

Copeland Close, Middleton

This property in Middleton was bought for £50,000 © Rightmove / Taylor James Auctions This property in Middleton was bought for £50,000

No.8 Copeland Close in Middleton, Rochdale, which is a terraced house, sold for £50,000 on April 28.

This sale may have been a buy-to-let, a transfer to a company, or a repossession.

Gidlow Lane, Wigan

A flat at no.164 Gidlow Lane in Wigan sold on May 6 for £50,000. This sale may have been a buy-to-let, a transfer to a company, or a repossession.

Alton Street, Oldham

In Oldham, 19 Alton Street which is a terraced house sold for £50,000 on June 1.

Eastham Way, Little Hulton

A flat in Salford was one of the region's cheapest sales © Rightmove A flat in Salford was one of the region's cheapest sales

94A Eastham Way in Little Hulton, Salford, which is a flat, sold for £50,000 on May 11.

Redfern House, Romiley

On April 29, Flat 1 at Redfern House in Romiley, Stockport, sold for £50,000 on April 29.

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