Where To Live In Manchester
By johnmce at 10 September, 2010, 12:00 am
Manchester is a huge, cosmopolitan city in the middle of the UK. There are excellent transport links to most major UK cities and Europe and it is a business hub where manufacturing and professional services meet. Where you choose to live in Manchester will vary depending on your reason for moving there. However, this can only help you to narrow it down so much. There are a whopping thirty six post code areas in Greater Manchester, how can you know whether you would be better off in M14, M26, M3 or M33? It also depends on the type of property to want to live in and whether you want to buy or rent.
The M14 postal codes are south east of the city of Manchester and are not far from the University of Manchester. Average house prices in the M14 area have risen over the past twelve months, since September 2009 and despite a slight dip in August 2010 the prices have gone up again slightly. Rental prices have also increased since September 2009, however they peaked in June 2010 and have shown a progressive, if only marginally, downward trend over the past three months. The rail service to M14 properties is limited and residents most probably rely on driving or a bus to reach the station. This could be an inconvenience for commuters, although the driving commute into the city of Manchester would be a feasible alternative.
M26 post codes are to the north west of the city of Manchester and are actually closer to Bolton. This could be an ideal location for someone who works in the city but does not want to live in the bustle of a big city. An extra benefit is that house prices have dropped in this area since September last year and rental prices have stayed fairly consistent, with only slight fluctuations. It may be a good location for someone looking to buy their first house or to upgrade to a bigger property.
If you want to live in the city of Manchester then you will probably have an M3 post code. This is the ideal location for young professionals who want a short walk to work and the entertainment which Manchester offers. House prices are naturally higher within the city than in the surrounding areas but if you can afford to invest the average property price in the M3 postal code has dropped by a huge twenty thousand pounds in the last twelve months! Conversely the rental price has increased considerably, so it may be the place to buy but not rent.
To the south west of Manchester are the M33 post codes, close to the M60 motorway and Manchester Airport. This location may suit a sales person who is on the road a lot but not someone reliant on train travel. Average property prices have increased in the last twelve months as have rental prices suggesting that this area is in demand.
John McE writes articles on a number of subjects including buying properties in M14, M26, M3 and M33.
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