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Manchester's property boom sees houses sell for £25k to £40k over asking price

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Get the latest property market news straight to your inbox Manchester's property boom has seen more than half of houses sell for £25,000 to £40,000 over the asking price, according to the latest data from Purplebricks.

The online estate agent's research shows just how competitive the market has been over the past 18 months amid the pandemic.

The stamp duty holiday - introduced in July 2020 - encouraged people to put their houses up for sale while saving them thousands of pounds. READ MORE: Manchester postcodes 'most in demand' by UK househunters There was a rush to complete before the deadline in June 2021, with sellers receiving a number of offers in some attractive neighbourhoods.

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