Located about seven miles almost South of Manchester city centre, modern Wythenshawe essentially dates back to the 1920s. It was intended to be a “garden city”, but ultimately turned into what was once Europe’s largest council house estate. Now, it’s a mixture of local authority and private housing with demand from both renters and buyers.
Wythenshawe is served by both the regular Metrolink and the tram system. This allows residents to get to Manchester city centre in about half an hour. They can get to Manchester Airport in about 20 minutes. Wythenshawe also has plenty of local buses and extensive road connections.
Currently, properties in Wythenshawe have an average sales price of £179,905. Terraced properties are the most affordable with an average sales price of £165,419. Semi-detached properties have an average sales price of £192,376 and detached properties have an average sales price of £317,188.
Average rental yields in Greater Manchester as a whole are around 5.5%. Average rental yields in Wythenshawe are around 4.4% but be careful of reading too much into this. Wythenshawe contains all different kinds of property from the old council house estates to luxury new builds. This means that each property has to be assessed on its own merits.
It’s also worth noting that Wythenshawe’s proximity to Manchester Airport means that the local housing market stands to benefit significantly from its expansion.
Modern Wythenshawe is essentially a functioning town in its own right. It has a thriving local economy and everything which comes with that. In addition to a wide range of shops, the area has plenty of general leisure facilities, including a swimming pool and has plenty of nearby green spaces.
| Date | Capital Growth | Change |
|---|---|---|
| Nov 2020 | £191,770 | 3.5% |
| Nov 2019 | £185,260 | 3.4% |
| Nov 2018 | £179,184 | 5.0% |
| Nov 2017 | £170,685 | 4.1% |
| Nov 2016 | £164,019 | 7.2% |
| Nov 2015 | £152,997 |
| Bedrooms | Rental Yields |
|---|---|
| 0 | N/A |
| 1 | N/A |
| 2 | 5.2% |
| 3 | 4.8% |
| 4 | N/A |
| 5 | N/A |
| Bedrooms | Flats | Terraced | Semi-Detached | Detched |
|---|---|---|---|---|
| 1 | £110,000 (1) | N/A | £265,250 (2) | £110,000 (1) |
| 2 | £118,917 (6) | £178,225 (38) | £168,882 (17) | £245,000 (1) |
| 3 | N/A | £167,782 (78) | £206,238 (87) | £295,056 (9) |
| 4 | N/A | £205,408 (6) | £210,571 (7) | £336,054 (12) |
| 5 | N/A | N/A | £475,000 (1) | £569,983 (3) |
| Bedrooms | Flats | Terraced | Semi-Detached | Detched |
|---|---|---|---|---|
| 1 | £562 (11) | N/A | £523 (3) | £360 (1) |
| 2 | £733 (50) | £765 (3) | £780 (4) | £804 (6) |
| 3 | N/A | £846 (12) | £903 (10) | £871 (2) |
| 4 | N/A | £1,101 (1) | £1,148 (2) | £1,248 (1) |
| 5 | N/A | £1,200 (1) | N/A | N/A |
Property statistics provided by PropertyData.
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