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”.
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
Heritage railway arches in Manchester city centre to undergo £3.7m transformation by HOME arts centre
A section of the iconic railway arches along Whitworth Street is set to be refurbished into a brand-new development space for up-and-coming local artistsunder HOME.
Having existed as a recognisable part of the city’s rich transport and architectural heritage for as long as we can remember, three of the familiar archways situated on Whitworth Street West are now about to be given a new lease of life which will also help support Manchester’s beloved arts community.
Coming under the HOME theatre and arts umbrella with the work being carried out by the North West arm of Robertson Construction, the transformation is set to start fairly soon and is scheduled to be completed by May 2024.
Sitting between Whitworth Street West and HOME’s main arts building at Tony Wilson Place, which has been a popular cinema, gallery and restaurant since 2015, the new development centre will provide a space and vital resources for artists of all ages, disciplines and stages in their careers. Wonderful stuff.
Costing £3.7m, the goal of the ‘HOME Arches’ project is not only to give the Whitworth Street West Arches some much-needed TLC, but to help nurture, attract and retain creative talent in Manchester by providing them with a high-quality, low-cost rehearsal and training space.
Moreover, being connected to the ever-thriving First Street district will further strengthen it as a well-known and go-to city centre destination for artists and visitors alike.
Funding for the renovation was secured back in 2021 following a £2.3m government grant, with a further £0.9m contribution from Manchester City Council and around £0.5m from HOME themselves, who are helping cover some post-construction costs.
The Arches project is part of a wider £20m redevelopment plan under the national Levelling Up fund, with the bulk of the £17.5m scheme seeing the Upper Campfield and Lower Campfield Market buildings (both Grade II-listed structures) lovingly transformed into a new tech, media and creative industries hub.
Issuing a statement following the announcement, Director and CEO of HOME, Dave Moutrey said they are delighted to provide “meaningful, additional creative space for artists” and allow them to “grow the work that we do with artists in the North West, across theatre, film, visual art and digital works”.
As for the Council itself, leader Bev Craig said: “These arches are part of our heritage which have sat unloved and underused for many years. This scheme is bringing them back to life with a very modern purpose – complementing the thriving cultural economy in our city.
“Culture has a huge role to play in the success of our city and its people – creatively, for health and well-being and economically. This project will enhance this part of the city centre, create new jobs and further strengthen Manchester’s cultural ecosystem.”
We can’t wait to see how the new historic railway arches look under the loving stewardship of HOME and see the impact it makes on local creativity and culture.
Darren Spratt from estate agent Fisher Hopper told the BBC: “We’ve never had anything quite like this.”
“It’s about a 20 to 25-minute walk to the property,” he added. “That’s one way to lug your shopping.”
He also said that although the home has drummed up a lot of interest, a new buyer hasn’t yet been found for it.
The property listing states: “Exciting renovation project in a stunningly beautiful location. 3 Bleamoor Cottages is a former railway worker’s home situated on the main hiking path up Whernside, in the Yorkshire Dales.
“Adjacent to the famous Settle to Carlisle railway line above Ribblehead, the property presents an interesting investment, with a range of potential commercial opportunities apparent: private holiday home; unique AirBnB style experience; bunkhouse or refreshment stop on the Yorkshire 3 Peaks Challenge route. Plans will be subject to the necessary consents – this is in the heart of the National Park – but for the right buyer with vision, there is great potential here.
“Due to the unusual nature of the location, interested parties are advised that it is a 20 minute walk from the parking at Ribblehead Viaduct to reach this property. There is no vehicular access for viewings.”
When Rightmove shared the listing, they wrote: “When having neighbours is just not your thing… This home located in the Yorkshire Dales takes remote living to the next level!”