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.
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:
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”.
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
Salford Lads and Girls Club to receive lifeline funding grant for ‘essential repairs’
Emily Sergeant
Salford Lads and Girls Club is set to receive a lifeline funding grant for essential repairs merely months after facing closure.
The £400,000 grant will be helping to secure a long-term future for the iconic youth club.
Established in 1903 as a purpose-built club for boys, but now open to girls too, Salford Lads and Girls Club nowadays works to provide new generations with access to sports, creative workshops, fitness, music, drama, and ultimately, life skills.
The building is, of course, forever linked with legendary Manchester band The Smiths, through Stephen Wright’s iconic photo of the band outside the front doorway.
For this reason, the venue has become a worldwide landmark and pilgrimage site for music fans, and it even has a dedicated Smiths room.
Salford Lads and Girls Club will receive a lifeline funding grant for ‘essential repairs’ / Credit: Wikimedia Commons
The venue’s funding grant is part of £2.4 million awarded to six historic places in the North West from Historic England’s Heritage at ‘Risk Capital Fund’.
Other sites in the region include the restoration of the upper seating areas at Morecambe Winter Gardens, and the conservation of the Grade II listed pumphouse at the National Waterways Museum in Ellesmere Port.
Some of the essential repairs set to be carried out with the funding include roof slate replacements, and brick and terracotta masonry repairs to ensure the long-term sustainability of this famous community building in Salford.
“Thanks to the extra funding from the Heritage at Risk Capital Fund, we are able to breathe new life into neglected historic buildings in the North West that we haven’t been able to help through our existing grant schemes,” commented Louise Brennan, who is the Director of Regions at Historic England, as the funding grant was announced.
“This initiative will not only boost economic growth but also create amazing opportunities for people in some of the region’s most disadvantaged areas.
Hundreds of new homes in Mayfield Park given green light
Daisy Jackson
The chance to live in Manchester city centre’s newest park (and one of its only green spaces) has taken a step closer, with plans for new Mayfield Park homes given the green light.
879 apartments have been approved this week, which will have ‘the ultimate front garden’.
The Mayfield district has been undergoing major changes in the last few years, including the redevelopment of Depot Mayfield (into Freight Island, plus a music venue for events like Warehouse Project) and the opening of the beautiful Mayfield Park.
And now hundreds of new one-, two-, and three-bedroom homes will be added to the area, as well as a 40% increase in the size of the park.
The plans for the first homes at Mayfield Park were met with unanimous approval by the City Council’s Planning Committee.
The residences will span across four buildings, with low-rise elements peppered in amongst the taller blocks, and will also be home to restaurants, cafes, and health and wellness facilities.
A new tree-lined road through the development will enhance walking and cycling connectivity from east Manchester into the city centre.
More than 880 jobs will be generated during the construction phase, plus 120 full-time jobs when operational.
Hundreds of new homes in Mayfield Park given green light. Credit: Assembly Studios
The proposals suggest that the apartments will contribute £2 million annually in Council Tax and a major £10 million boost to local businesses through increased spending.
The high-quality homes are designed by Studio Egret West and shedkm, designed to reflect the industrial heritage of the area, including distinctive arches.
20% of the first phase of homes are intended to be classed as affordable housing and will be prioritised for key workers in Manchester.
Henrietta Nowne, Development Director at Landsec, representing The Mayfield Partnership, said: “For the first time, Mancunians will have the ultimate back garden within the award-winning Mayfield Park.
“An opportunity like this hasn’t existed before in Manchester. Since starting on site earlier this month, there’s real momentum building as we continue to grow a green, healthy and connected district in the heart of Manchester.”
The approval marks the next chapter of the continued transformation of the Mayfield district near Piccadilly Station, led by Manchester City Council, TfGM, London Continental Railways (LCR), and Landsec.