What’s Driving Property Prices in Bolton Right Now?

As Bolton estate agents we have reviewed the property prices in Bolton, Greater Manchester, and have seen an upward trajectory in 2025, so far. There are a number of factors that have influenced this – mainly a combination of local and national factors. Here’s an outline of the main key factors driving this growth:

A Steady Price Growth

The average house price in Bolton, as of February 2025, reached £235,000, reflecting an increase from £224,000, seen the previous year, that being 2024. This growth aligns with the national average increase in house prices, which saw a 4.7% rise during the same period. BuiltPlace

Affordability Compared to Similar Surrounding Areas

The town of Bolton remains an attractive option for buyers and this is due to its relative affordability. The average property price in Bolton is approximately £210,552, which is significantly lower than average for the North West, of £254,000. The average for Great Britain average of £330,000. Office for National Statistics+1Office for National Statistics+1

Regeneration and Investment Initiatives

The investment plan put forward by Bolton Council, of £1 billion investment, aims to revitalize the town centre. This will see the redevelopment of Crompton Place, which will be turned into new housing, areas of green spaces, and even a hotel. These initiatives are expected to enhance the town’s current appeal for buyers and drive property demand.

High Demand in Lower Price Bands

The first quarter of 2025, saw properties prices up to approximately £250,000. This accounted for 34.6% of new listings but represented only 40.6% of sales. These new listings indicates a strong demand for more affordable housing options in the Bolton area.

Varied Buyer Demographics

Bolton attracts a whole mix of local residents and new people from areas outside of Bolton. They are drawn to Bolton by its good schools, great transport links via motorway and rail, and access to a whole variety of both urban and rural amenities.

Growth in the Rental Market 

The rental market in Bolton has also seen a huge growth. The average rents in the town have seen increases of 9.7% to £798 in March 2025 compared to much lower the year before. This trend has huge benefits buy-to-let investors and has a positive contribution to the overall property market strength. Home Now

National Economic Factors

Nationally, factors impacting on property prices have seen interest rate adjustments and stamp duty changes, both of which influence buyer behaviour. For example, the stamp duty deadline that occurred on the 1st April, 2025, led to increased market activity as buyers rushed to try to complete purchases before these changes took effect.

In summary, the property market in Bolton, in 2025, is impacted by its affordability, the high demand in certain price brackets of properties, the plan for significant regeneration and the favourable national economic conditions. These factors as a whole contribute to the continuing rise in property prices in Bolton.

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