The areas of Greater Manchester where you will most likely be able to negotiate the price of a house – and make a bargain

We’ve seen how far homebuyers will go to get their hands on real estate in some Greater Manchester hotspots – as with this former town hall in Burnage, which received 10 offers before people even set foot inside.

But struggling house hunters who keep getting outbid can be lucky if they start looking in the right areas.

Many sellers accept offers below the offer price in some zip codes, a new analysis shows.

READ MORE: Shoppers ‘surprised’ by mother’s £ 1 autumn wreath she created with her young son

Property Solvers has revealed the 15 best areas in and around Greater Manchester where you are likely to negotiate down the offer price.

On average, homeowners in the region accepted offers of £ 5,720 less than the offer price over the past year.

The real estate company compared data from Rightmove on offer prices with HM Matrikeldata, which showed how much homes were actually sold for in the area, for the period from October 2020 to October 2021.



There are some areas where you are likely to be able to negotiate house prices down

The M8 zip code, which covers Cheetham Hill and Crumpsall, saw the biggest price difference – with the average price at £ 196,428 but with houses selling for £ 178,000 on average – meaning a drop of £ 18,428 or 9.843 per cent.

The M16, which covers Old Trafford and the Whalley Range, also saw a big drop, with average bid prices of £ 339,514 but sales at £ 323,531 – a difference of £ 15,983 or 4.8 per cent.

In third place was the M4, which covers Droylsden and Urmston, where home sellers asked for an average of £ 169,983, but properties in the area went for an average of £ 155,333, meaning a cut of £ 14,650 or 9 pcs.

Also in the top five were SK10 – where the average price drop was £ 12,524 – and WA14 – where sellers accepted offers for £ 12,057 less than the offer price on average.



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Top 15 areas where you are likely to negotiate the price

Here is a list of the 15 best areas in the entire region that experienced the largest price drop on sold properties, according to Property Solvers:

Zip code Area Average asking price Avg. Retail Price Price change Percentage difference
M8 Manchester £ 196,428 £ 178,000 -18.428 £ -9,843%
M16 Manchester £ 339,514 £ 323,531 -15,983 £ -4,821%
M4 Manchester £ 169,983 £ 155,333 -14,650 £ -9,007%
SK10 Macclesfield £ 404,495 £ 391,971 -12,524 £ -3,145%
WA14 Altrincham £ 536,558 £ 524,501 -12.057 £ -2,273%
SK9 Wilmslow and Alderley Edge £ 503,956 £ 492,031 -11.925 £ -2,395%
WA15 Altrincham £ 518,769 £ 507,305 -11.464 £ -2.235%
SK7 Stockport £ 412,362 £ 401,920 -10,442 £ -2,565%
M7 Salford £ 239,980 £ 230,640 -9,340 £ -3.969%
SK6 Stockport £ 326,780 £ 317,923 -8.857 £ -2,748%
WA13 Lymm £ 460,997 £ 452,290 -8.707 £ -1,907%
SK17 Buxton £ 277,839 £ 269,804 -8,035 £ -2,934%
M28 Manchester £ 304,926 £ 296,925 -8,001 £ -2.659%
M25 Manchester £ 334,870 £ 327,313 -7.557 £ -2,282%

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