The weather may still be warming up outside, but it's already a hot time of year for the property market. The expected uptick in sales has materialised as you can see from the chart. Particularly notable are sales levels of detached properties, which have increased 55.6 per cent since the [...]
With increasing clarity from the government, the housing market is returning to it’s usual stride. Looking at quarter-on-quarter price data in M20, we can see that the average sold prices of houses is up 24.6 per cent since the last quarter of 2015.
New housing is a hotly debated subject in the UK. Despite the recent uptick in building rates, demand continues to outstrip supply and more affordable homes need to be built. The situation has improved over the last few years; the number of new homes started and finished in the UK [...]
One of the real tests to see if an area is suited to your tastes is to look at the composition of the household tenure types. In Didsbury, the mix of different household tenure types is as follows: Owned outright 20.2% Owned with a mortgage 27.9% Shared ownership 0.5% Social [...]
From individuals to large families, the spread of household size can indicate the likely availability of appropriately sized properties. The most common size of household in Didsbury is one occupant, and makes up 33.3% of the total households in the area.
Increasing clarity in the UK’s economic future has increased confidence in the property market. A look at sales levels in Didsbury over the last 15 months seems to indicate this too. Since April 2016 sales levels for flats are up 9 points and houses are up 21 points since April [...]
The total housing market value is a combination of the number of transactions and the average property price in a given quarter. It can give a real idea of the buoyancy of the market in Didsbury. The final quarter of 2015 was the largest quarter (29.0%), closely followed by the [...]
When it comes to selling your home, the goal is to achieve more than the initial price you paid when you bought it. A significant amount of your home’s resale value will be affected by the appreciation of house prices in M20, where average sales values have risen by 21.1% [...]
The spread of ages of local residents can give insights into the personality of an area. In Didsbury, the ages of local residents can be split into the following six categories:
The Brexit vote and the falling value ofthe pound have led some to think sales levels might have dipped in the market. However, as the chart shows, sales levels have remained steady throughout the year, contrary to the perceived negativity in the market. We expect steady sales levels in the [...]