how big are our homes?
Each area in the UK varies dramatically according to the average size of properties, as measured by the number of bedrooms. In M20 the mix is shown in the infographic above.
Each area in the UK varies dramatically according to the average size of properties, as measured by the number of bedrooms. In M20 the mix is shown in the infographic above.
The volume of sales in a given area is a powerful measure of the vitality of local housing markets. In the last two years there have been 1,859 sales in M20. Flats accounted for the largest number of sales (781), followed by semis (592), then terraces (407) and detached properties [...]
Since the last quarter of 2013, average sales prices of terraces in M20 have increased by 23.7%, which represents the best performance of all property types. The next highest performers were flats, which saw an increase of 20.9%, followed by semis (12.4%). The poorest performance came from detached properties, which [...]
Each area of the country has a different demographic profile in terms of the age of local residents. The exact balance of age groups has a profound effect upon the demand profile of the local market. The average age in M20 is 30 years old. This is lower than the [...]
The advent of broadband has dramatically altered our expectations about what we can do from the comfort of our own home. The ability to buy groceries, order a new dress, stream HD movies, make video calls and download files all at the same time has changed the way we think [...]
All housing markets are heavily affected by how efficiently the housing stock is used. Some areas have lots of people in relatively small properties and others have a few people knocking around in very large properties, often empty nesters. This infographic shows what the pattern looks like in Didsbury.
Looking at a monthly breakdown of activity over the last 12 months we can see some interesting patterns in Didsbury. While there was an expected amount of volatility from month-to-month, transactions were 6.3% higher for houses at the start of the period than at the end.
Over the last year, every property that was sold in Didsbury has fallen into one of six price bands. We’ve displayed them as a pie chart to illustrate quite how interesting this pattern is. Perhaps unsurprisingly the price band which represents the biggest slice of the cake was the £0-£200k price band (41.8% of all [...]
In M20, the streets where homes sell fastest and command the highest price-per-square-foot aren’t always the most lavish, they’re the ones that are the best-connected. After all, there’s a reason why the most popular property programme on TV is called Location, Location, Location. As your local agents, we’re often asked [...]
Typical structured working environments based on the nine-to-five working day are slowly disappearing, with more people choosing to work from home.There are interesting differences between areas, not least in Didsbury, with 4.7% of people now working from home instead of in an office. This is 0.2% higher than in the [...]