Are Tameside House Prices High?
Tameside’s property market shows affordability compared to the wider UK market, with HM Land Registry House Price Index data showing prices significantly below national averages across all property types.
Tameside’s average sold property price of £215,538 sits 25.6% below the UK average of £289,707:
The asking prices for properties in Tameside right now (properties that are actively on the market for sale rather than actual sold prices noted above) vary across postcodes, from Hyde (SK14) at £273,638 and Stalybridge (SK15) at £268,027, down to more affordable areas like Mossley (OL5) at £222,993 and Ashton-under-Lyne East (OL7) at £230,104.
Yet with median annual earnings in the North West at £36,192 (£696 weekly), Tameside’s most affordable areas require around 6.2 times annual salary, while areas like Hyde exceed 7.6 times the median regional wage if you wanted to buy a buy-to-let based on current values.
Even traditionally more affordable areas like Ashton-under-Lyne (OL6), where prices average £246,565, still require around 6.8 times the regional median salary, exceeding typical mortgage lending limits of 4-4.5 times household income.
Yet lower entry prices compared to other major Greater Manchester districts like Stockport, Salford, Trafford and Bury has sparked increased interest in Tameside’s more affordable postcodes, with Droylsden (M43) and Denton (M34), particularly attractive to buyers seeking value while maintaining reasonable commuting access.