Greater Manchester vs London house prices: How the cheapest and most expensive boroughs compare
It is no secret that London is an expensive place to live, and as time goes by, it is becoming more and more difficult for people to buy their own property there. The average house price in London is £688,800, which has gone up by 4% since last year, therefore it is no surprise that it continuously takes the top spot as the most expensive city to live in the UK.
As the cost to buy a home has shot up all across the country in recent years, Greater Manchester has seen a house price growth of 19% since the peak in 2019. Certain parts of the region are becoming all the more out of reach for homeowners, with the price of properties in some areas such as Bowdon and Hale now on par with prices in the capital.
Using the most recent average house price data from Rightmove, we have compared the top five cheapest and most expensive boroughs in both Greater Manchester and London to see just how far apart they are in terms of affordability - and the difference between them is staggering.
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Wigan vs Barking and Dagenham
Wigan is Greater Manchester's most affordable borough to live, with homes selling at an average price of around £169,462 over the last year. On the contrary, in London's cheapest borough of Barking and Dagenham, homes cost around £345,011 on average.
Oldham vs Bexley
Oldham is Greater Manchester's second cheapest borough, with properties having an average price of £179,412 over the last year. This can be compared to London's second most affordable borough, Bexley, where properties sell for around £416,708.
Rochdale vsNewham
Properties in the Rochdale borough have an overall average house price of