Leading property listing platform Rightmove has unveiled the UK’s property hotspots for 2021 – and Greater Manchester’s suburbs have dominated the list.
The property market in our region has been booming since we’ve entered into a new year, and the new analysis published today has revealed that demand is still outstripping supply, with an increase of 51% in properties coming up for sale last month and in March, compared to the first two months of the year.
The south Manchester suburb of Didsbury has been named the most popular spot for home buyers in the UK.
The average asking price for a property in Didsbury currently stands at £367,429, which is more than £130,000 higher than the Greater Manchester average of £237,380.
Its neighbouring south Manchester suburb of Chorlton also makes the top ten list of popular areas for buyers, along with three other affluent Greater Manchester areas – Prestwich, Bramhall and Heaton Moor.
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Walthamstow in east London takes second place, while Wirral in Merseyside is third in terms of property searches on the Rightmove site, with more than 2.7 million people currently signed up for property alerts on the site.
The top 10 most popular property hotspots, and the average asking prices, according to Rightmove, are:
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Didsbury, Greater Manchester – £367,429
Walthamstow, London – £499,534
Wirral, Merseyside – £287,243
Prestwich, Greater Manchester – £277,643
Horsforth, West Yorkshire – £312,460
Chorlton-cum-Hardy, Greater Manchester – £359,377
West Bridgford, Nottinghamshire – £365,370
Heaton Moor, Greater Manchester – £307,040
Bramhall, Greater Manchester – £482,311
Chiswick, London – £969,350
Tim Bannister – Property Expert at Rightmove – said: “Our new analysis gives sellers in these local hot spots a clear indication of just how popular their area is, as it tracks the huge pool of the most eager prospective buyers who are signed up to find out instantly when a seller decides to bring their property to market.
“More buyers have realised they don’t have the luxury of waiting until the weekend to decide which properties they want to request to view, and so they’re making sure they’ve signed up to find out first when a home comes up for sale.
“We’re hearing reports of some areas where properties are selling within a few days of being added to Rightmove, and the average time to find a buyer is the quickest we’ve ever recorded nationally, but we also know there are thousands of local markets and some are moving more slowly than others, so as a seller you’ll want your property being seen by the biggest group of buyers possible, giving it the best chance of selling and achieving the best price”.
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Philip James Kennedy
Rob Kennedy – Managing Director of Philip James Kennedy Estate Agents in Didsbury – said: “The marketplace during 2021 has seen a surge in the Didsbury property market with record levels of sales and many properties generating multiple bids.
“House prices have increased as a result and properties are selling and completing faster.
“During these unprecedented times the importance of ‘home’ has increased with many buyers wanting more space working from home, more space to relax and exercise, and many buyers wanting more outside space, easy access to a local park or larger garden”.
Featured Image – Flickr
Property
Inside the £1.3m Bolton gatehouse considered a ‘remarkable’ piece of local history
Emily Sergeant
A magnificent Grade II-listed gatehouse in an affluent area of Bolton has gone on the market, and it’s your chance to own a piece of local history.
You will need a small matter of £1.3 million before you’re able to call it yours, though.
Now, as we always say before we write about these stunning homes, it goes without saying that the vast majority of us won’t have this kind of money just sitting in bank accounts right now… but if like us, you’ve got no shame in admitting you love looking at houses you can’t afford in places you’ll probably never live, then allow us to introduce you to this absolute beauty.
This is Lostock Hall Gatehouse – a breathtaking Grade II-listed residence that’s believed to date back to the late sixteenth century.
Tucked away in ‘complete seclusion’ in the sought-after Bolton area of Lostock – which is known and loved by families thanks to its varied housing options, excellent local schools, convenient transport links, and proximity to amenities including Middlebrook Retail Park – this extraordinary five-bedroom link detached property is described as being ‘rich’ in heritage and architectural significance.
The home has been thoughtfully enhanced over time to introduce refined features for modern life, all while preserving plenty of original features.
Set behind imposing electric gates and nestled on a plot of just under three quarters of an acre, Lostock Hall Gatehouse is divided into two detached buildings, which estate agents say offers ‘unparalleled’ versatility for multi-generational living, business use, leisure space, or even guest accommodation.
This is the impressive Lostock Hall Gatehouse in Bolton / Credit: Miller Metcalfe
The main residence is packed with bags of character – think an original stone frontage, charming mullion windows, feature fireplaces, exposed beams, expansive rooms, and so much more.
Some of the other stand-out features in the main house include two impressive reception rooms, a beautifully presented country-style kitchen, and five large bedrooms arranged over two floors.
A short walk from the main residence stands a substantial two-storey detached building, which is in need of some refurbishment for sure, but estate agents say it presents exceptional potential and flexibility for a wide variety of uses.
It’s currently on the market for £1.3 million / Credit: Miller Metcalfe
Just as you’d expect, the outside of the Lostock Hall Gatehouse is almost an impressive as the inside, as it boasts manicured lawns and gardens stretching beautifully across the plot and designed to be enjoyed in every season.
The large private driveway also provides off-road parking for several vehicles.
This property is currently on the market with the Bolton branch of local estate agency chain, Miller Metcalfe, for £1.3 million, and if you fancy taking a closer look, then you can contact the agents to arrange a viewing.
Or you could just take the cheaper route instead and have a nosy at the Rightmove link here.
Featured Image – Miller Metcalfe
Property
Greater Manchester could be getting a new town under ‘ambitious’ Government housebuilding programme
Emily Sergeant
Greater Manchester could be getting a new town under an ‘ambitious’ proposed Government housebuilding programme.
Manchester Victoria North is one of seven new towns that have been proposed.
Named for consideration as part of what the Government is referring to as the most ambitious housebuilding programme in more than half a century, the locations of seven new towns have been revealed this week, and also include other northern locations like Leeds South Bank, as well as places in Milton Keynes, Buckinghamshire, and Greenwich.
The Government says that the next generation of new towns are to be ‘built for the future from the ground up’.
They will create well-connected new communities with homes, jobs, schools, green spaces, and suitable transport links planned from the start.
Each proposed location is expected to deliver at least 10,000 homes – with several delivering 40,000 or more in the decades to come.
Greater Manchester could be getting a new town / Credit: Manchester City Council
All seven of the proposed new towns are set to be designed for modern everyday life, the Government insists – with neighbourhoods that people can easily get around without a car, incorporating shared green spaces and ‘vibrant’ high streets.
As part of the Manchester Victoria North proposals announced this week, at least 15,000 homes regenerating the heart of Greater Manchester are to be built, with a new Metrolink stop connecting residents to jobs across the city.
“People want real change,” explained Housing Secretary, Steve Reed. “They want homes they can afford, local infrastructure that works, and good jobs in thriving communities.
“Our next generation of new towns marks a turning point in how we build for the future.
“From the ground up, we’re planning whole communities with homes, jobs, transport links, and green spaces designed together, so we can give families the security and opportunities they deserve.”
Alongside the new towns consultation, the Government has also confirmed today that the National Housing Bank will launch on 1 April, backed by up to £16 billion of financial capacity and aiming to deliver over 500,000 new homes.
The Government has also confirmed additional support worth up to £400 million over the next decade for ‘subsidised products’.