Two residential areas in Greater Manchester have been highlighted as UK ‘property hotspots’ based off house price data from 2022.
And they’re probably not the places you’d expect either.
There’s no doubt the property market in our region has been booming over the last decade or so, with average house prices seeming to rise year-on-year, and more and more areas becoming sought-after as the places to live time goes on – but now, Rightmove has released its list of the top UK property hotspots for this year based off 2022 data, and two rather surprising Greater Manchester areas have made their way onto it.
To create its list of hotspots, the UK’s biggest property website compared average house prices across the UK between 2022 and 2021 to out find the areas where prices they have risen the most, and the areas where prices are increasing more than the national average indicate that the area is a ‘hotspot’.
As well as soaring prices, Rightmove also considers a ‘property hotspot’ to be a place where there is a high demand for homes too.
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Manchester‘s inner city area of Hulme has claimed second place on the list.
Rightmove has released a list of the top UK property hotspots for this year based off 2022 data / Credit: Wikimedia Commons
Hulme is an ever-changing residential area that’s been the subject of redevelopment projects several times over the years, and has always been a favourite with students and young professionals thanks to it being home to Manchester Metropolitan University‘s (MMU) Birley campus, but Rightmove’s latest data shows it could be set to surge in popularity with a much wider audience this year.
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According to the data, the average price of a home in Hulme jumped up by 26% from £188,454 in 2021 to £238,249 in 2022.
Elsewhere on the list, the Bolton residential area of Little Lever has been named another one of the UK’s property hotspots, claiming eighth place after average house prices soared by 20% from £169,709 in 2021 to £202,890 in 2022.
Grabbing first place as the UK’s top property hotspot was Eastwood in Nottinghamshire, according to Rightmove, with average asking prices in the area jumping by 29% compared with 2021.
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Other property hotspots named in Rightmoves top 10 list based off last year’s data include Sandbanks in Dorset, Heathfield in East Sussex, Chelston in Devon, St. Peters in Kent, Cowes on the Isle Of Wight, Birchington in Kent, and Deeping St. James in Cambridgeshire.
Property prices in each of those areas had soared by more than 19% since 2021.
Two rather surprising Greater Manchester areas have made their way onto the list / Credit: Roger Kidd (via Geograph)
While the South East has the most areas featured in the top 10 property hotspots, the North East, however, saw the biggest regional annual growth of 10.3% in 2022, and as a whole, house prices across the UK were higher in 2022 than the year before.
Rightmove says average house prices were 5.6% higher across the UK at the end of 2022 than they were at the same time in 2021.
“Property prices have risen exceptionally over the last three years,” admitted Tim Bannister, property expert at Rightmove.
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“If we compare with December 2019, just before the pandemic started, the average asking price of a home in Great Britain has risen by a staggering 20%, so to put that into context, asking prices rose just 3% in the previous three years, and we need to go all the way back to 2013 to see similar price growth.
House prices were 5.6% higher across the UK at the end of 2022 than they were in 2021 / Credit: Julie Twist Properties (via Rightmove)
“We expect average asking prices to drop by 2% next year now that the frenetic period for the market is over.
“It is likely that some sellers, particularly those in locations and sectors of the market that have benefitted the most from pandemic price growth, may be willing to give up some of their gains in this calmer market in order to negotiate a successful sale.”
A historic Stockport pub has officially become a listed building
Danny Jones
The Angel Inn pub in Stockport has officially become the thriving Greater Manchester borough’s latest listed building.
Being granted Grade II-listed status following an extensive visit and survey by Historic England (HE), Stockport Market Place’s Angel Inn may have had a lick of paint amidst the ‘Old Town Revival’ over the last decade or so, but the pub itself was erected back in the 16th century.
Reopened as one of the area’s most beloved boozers back in 2018, whilst still maintaining key fixtures and that feeling of authenticity, it harks back to the town’s Cheshire roots and taps into a deep vein of local culture.
The assessment, which was completed earlier this month, means that Angel Inn has been recognised as having special architectural or historic significance – i.e. the definition of a listed building.
Writing in a post on social media, the government-backed English heritage organisation detailed that while the inn predates the Early Modern/post-medieval period, the Angel‘s frame is comprised of wood from the 15th century.
But it gets even more interesting than that…
As well as being one of a select few surviving, traditional wattle-and-daub structures in the UK – nearby Bramall Hall being another (and a technique that had died out by the 18th century) – a close inspection of the internal floorboards unearthed something truly fascinating.
It just so happens that tests by HE proved that one particular plank of flooring “was cut from a tree alive in 1086, the year the Domesday Book was completed: the oldest government record held in The National Archives, commissioned by William the Conqueror.
How bloody cool is that?
It’s also worth noting that it’s genuinely a brilliant boozer and one of the most popular watering holes you’ll find in the town centre, promising a cosy interior, an intimate little outdoor area out back and serving plenty of regional ales.
You only have to glance at the exterior to clue into its age, let alone what there is to be found inside.Way back when.Credit: Historic England (handout)/Stockport Archives
Although they say it’s likely that the floorboard in question was originally cut for an earlier building situated in the same location, it still goes to show how old this particular North West settlement is.
“The name ‘Angel Inn’ dates from as early as 1769, though the site’s hospitality roots extend further, with references to “Cotterell’s inn” used for sequestrators’ meetings in the 1640s, who met to organise the confiscation of property of supporters of King Charles I during The English Civil War”, HE went on to add.
Angel Inn is one of only a handful of venues like this in Greater Manchester and Cheshire; safe to say a lot of time, effort and money are being put into preserving these links to the past.
Featured Images — The Manc Group/Historic England (handout)/Stockport Archives
Property
The local property developers helping Mancs buy a home without the large deposit
Emily Sergeant
A North West developer that specialises in creating Shared Ownership homes currently has eight new developments under construction across Manchester.
Getting your foot on theproperty ladder or taking the next step to owning a bigger home can be one of the most challenging things to do and is often not financially viable for a lot of people – and this is whereGecko Homes‘ unique Shared Ownership scheme comes in.
The developer is enabling first time buyers and other qualifying homebuyers to purchase shares in its homes instead.
With deposits from as little as £2,438, the scheme means residents can buy shares ranging from 10% all the way up to 75% instead and then pay rent on the rest, with the option to increase the share percentage at later dates, all the way up to outright ownership.
Gecko Homes is helping Mancs get on the property ladder / Credit: Supplied
As mentioned, the company is currently working on eight new developments across Manchester in some of the city’s most sought-after suburbs, and prospective buyers can now register their interest.
One of the most popular developments currently underway is ‘Tatton Place’ in Sale – which is a redevelopment of a historic Masonic Hall and police station into 31 homes, including two and three-bedroom houses, one and two-bedroom apartments, and several stunning duplexes, all with access to both private and communal gardens.
Another key development is ‘Emerald Way’ over in the popular Manchester suburban town of Chorlton, where prices start from £60,625 for a 25% share, meaning a buyer would only need a deposit of £3,031.
Over in West Didsbury is one of largest ongoing developments called ‘Two Didsbury Point’, which is a £20 million scheme of 76 affordable homes across two connected eight and five-storey blocks – 46 of those being for shared ownership – on the site of the former Withington Hospital, with an outdoor communal terrace and green spaces for residents to enjoy.
Another one of the developments currently in the works that prospective buyers can now register their interest for is ‘Boundary View’, which lies in the thriving Manchester community of Old Trafford.
“Our Shared Ownership model has transformed people’s lives by giving them a way onto the property ladder in a modern, stylish, and high-quality home that they can afford to live in,” explained Christina Tattersall, who is the Head of Sales at Gecko Homes.
Eight developments are currently underway across Manchester / Credit: Supplied
“All of our latest developments are already generating high levels of interest from local people who want to live in some of Manchester’s most popular and vibrant suburbs that all benefit from great amenities and regular transport links.
“Each development will be finished to a very high specification, with contemporary kitchens and bathrooms, as well as luxury floorings and quality fixtures and fittings throughout.”
Residents interested in any of these developments are asked to visit Gecko Homes’ website here to find out more and register their details now.
Prices shown are based on 25% Shared Ownership and a 95% LTV mortgage. All properties are bought as leasehold, with full terms applying, and prices shown may be subject to change and are a guide only.
Emily Sergeant -
6th January 2023 
