This represents a population growth rate of 7.72%. Affinity Living. Manchester: 1991 - 432,700. We can offer advice on the Manchester propertymarket and connect you with top Manchester investment opportunities, such as our latest Manchesterdevelopment,Embankment Exchange,which offers projected 6% rental returns and prices from 209,950. The economy in Manchester is fast paced, with Amazon, the Co-operative Group, Royal Bank of Scotland, the BBC and ITV setting up offices there and Chinese buyers jostling with local purchasers and investors.. Additionally, Manchester now ranks sixth for total population out of 309 local authority areas across England. These statistics are widely used in planning, for example, fiscal projections, health, education and pensions. And with additional growth forecast for the future, it will continue being such an exciting city to be a part of. Its excellence in leisure and retail throughout the COVID-19 pandemic and its strong recovery were highlighted in the liveability index. At the start of 2020, outlooks for the UK property market were largely positive, with Boris Johnsons landslide electoral victory in December 2019 increasing market stability and confidence. The AGS assumes that the majority of new jobs will be taken by GM This includes a huge expected rise in house prices throughout 2022. When does the minimum wage go up across the country? Looking back further, the numbers reveal the true extent of growth in Manchester city centre, and indeed the desire to live there. Populated projections provide an indication of the future size and structure of the population, based on estimates and evidence from the previous five years of demographic data. too many charts, tables or uncontextualized data, Learn how and when to remove this template message, Parliamentary constituencies in Greater Manchester, Nomenclature of Territorial Units for Statistics, List of English districts and their ethnic composition, List of English districts by population density, "2011 Census, Greater Manchester Gets Bigger", "Estimates of the population for the UK, England and Wales, Scotland and Northern Ireland", "Greater Manchester Met.C: Total Population", "Manchester City Council download - Population reports - The Council & democracy - Statistics & intelligence", "Five lesser-spotted things in the census", 1991 Census on Ethnic Data for England, Scotland and Wales, "Office of National Statistics; 2001 Census Key Statistics", "2011 Census: Ethnic Group, local authorities in England and Wales", "Ethnic group - Office for National Statistics", "Download:local authorities: county / unitary", https://www.ons.gov.uk/datasets/TS030/editions/2021/versions/1, Key Statistics for urban areas in England and Wales, https://en.wikipedia.org/w/index.php?title=Demography_of_Greater_Manchester&oldid=1138384099, Population pyramids of Greater Manchester's boroughs, This page was last edited on 9 February 2023, at 11:09. Affordability of homes is the key reason why prices in the north are rising and those in London and the south are falling a complete reversal of the north-south divide of as little as two years ago. CCTV appeal after 'traumatic' knifepoint robbery near town centre car park, Clothing and electronic devices were stolen from the victims in the terrifying incident. Manchester, CT (06045) Today. The City of Manchester 's population in 2021 is predicted at 532,200. Stay up to date with the latest news, insights and market updates with Select Property Groups podcast. For more information, please email research@greatermanchester-ca.gov.uk. It also considers the risks from Brexit, as well as the challenges to raising the long-term productivity of GMs economy, alongside raising levels of employment. The average UK property increased by only 23.47% in the same period. The highest regional rate of growth in households is projected to take place in the South West, while the North East is projected to have the slowest rate. The I Love MCR Foundation helps raise vital funds to help improve the lives and prospects of people across Greater Manchester and we cant do it without your help. 2019 - 552,858. Currently, around 37% of the population in Manchester is aged between 18 and 34. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); An experienced member of our team will be in touch to help you find your ideal investment property in the UK. In the same residential market report from JLL, Manchester property market forecast 2022 predictions reveal a 6% growth this year. But Manchester council - which has its own demographic unit aimed at accurately tracking and forecasting population - believes immigration and rising student numbers could play their part in a soaring population increase way above national estimates. The official I Love MCR Shop not only spreads the Manchester love across the world, but it also helps keeps the lights on so we can support business and charity across the city. Between 2016 and 2021, prices have increased in theNorth Westcity by a mammoth 42.90%. The most common main languages spoken in Greater Manchester according to the 2011 census are shown below.[12]. In 2020, data from the ONS revealed it was home to more 25 to 29-year olds than any other UK region. The AGS draws on the transformational growth scenario for the North prepared by Cambridge Econometrics and partners for the Northern Powerhouse Independent Economic Review. Eurostat has developed a harmonising standard for comparing metropolitan areas in the European Union and the population of the Greater Manchester Larger Urban Zone is 2,600,100; it occupies an area of 1,280 square kilometres (490sqmi). This means that we may include adverts from us and third parties based on our knowledge of you. 2016-based variant subnational population projections, including a variant based on a 10-year trend of migration data and variants with higher and lower levels of net international migration. 1,152 businesses were supported by Manchester Growth Hub between July 2016 and June 2017. Forecasters Oxford Economics were commissioned by the GMCA to produce a baseline forecast and an Accelerated Growth Scenario (AGS) for Greater Manchester. Manchester is heading for a MUCH bigger population boom than previously thought, new figures suggest - with 100,000 extra people expected to swell numbers in the next decade. forecast. Salford also isnt the only north-western city seeing strong population growth. Within the top 10 areas to see the most significant percentage growth in the past 10 years, Salford is the only place not located in the South or East of England. The population growth will be accompanied by the creation of tens of thousands of new jobs over the same period and one of the steepest house price increases in the country, the, The jobs and population forecast was made by Julian Cotton, associated director of Cushman & Wakefield, the American. Manchester City Council has developed its own population forecasting model (MCCFM). Manchester property market forecast predictions. In 1991, the population of Manchester stood at 432,700. Cathie Marsh Centre for Census and Survey Research, University of Manchester Population forecasts for Birmingham CCSR Working Paper 2007-12 Ludi Simpson ludi.simpson@manchester.ac.uk The forecast has been completed for eight ethnic group categories - White, Caribbean, African, Indian, Pakistani, Bangladeshi, Chinese and Other, and extends to . Its also interesting to compare this growth to whats happening in some of the other large cities across the UK. I agree to allow RWinvest to store and process the information submitted and receive product information and other communication, as stated in the privacy policy. Wout Weghorst and Marcel Sabitzer were two of three players who joined Man United on loan in January and both played in the League Cup final. Terms and Conditions Privacy Policy Disclaimers Privacy Policy Disclaimers JLL forecasts Manchester to have the highest rate of house price change in 2022, with a 6% rise. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Final Units Now Remaining! One of our representatives will contact you shortly to discuss your requirements. In the principal projection the cumulative net inflow of new migrants after 2018 accounts for 73% of total population growth by 2028, and 84% by 2043. This can mean fewer people to work in and use local businesses, education and healthcare, meaning fewer services and more people choosing to leave the area, reinforcing the vicious cycle. All statistics displayed are likely to change according to property market fluctuationsand may no longer be accurate depending on the date you read this content. The Metropolitan Borough of Oldham is the borough with the highest proportion of people under fifteen years of age. Oxford Economics predict Manchester to have the highest economic growth of all UK cities over the next five years, with a growth rate of 16.4%. City council leader Sir Richard Leese said the figures needed to be seen in context - as they follow nearly 50 years of population decline. Single year of age and sex with underlying data. The metro area population of Manchester in 2021 was 2,750,000, a 0.73% increase from 2020. document.getElementById( "ak_js_6" ).setAttribute( "value", ( new Date() ).getTime() ); Interested in Manchester Property Investment? Join the mobile Manchester community, About usOur StoryWhat We DoSocial ResponsibilitySustainabilityMeet the TeamContact us, Licensing Information Terms and ConditionsPrivacy PolicyMake An Editorial Complaint, AdvertiseOut-of-Home MediaAdd a ListingAdvertising Terms and Conditions, See All NewsMost PopularCommunityLifestyleCultureBusinessPropertySponsored, See All EventsFree Things To DoMusic & GigsTheatreFamily Friendly Things To DoGuided ToursWedding & Private Event Venues, Kids and BabyT-ShirtsHoodies and SweatersMugs and BottlesTote BagsPrints & PostcardsAccessories, Environmental PolicyEthical PolicyPrinting MethodDelivery InformationFAQs. document.getElementById( "ak_js_4" ).setAttribute( "value", ( new Date() ).getTime() ); Disclaimer:This guide was updated in June 2022. Rental values are forecast to grow 4% on average in 2022, according to JLLs Manchester residential market forecast. 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