Property Market Update
June 18th, 2021
The property market here in Marple and throughout SK6 is incredibly strong at the moment, largely buoyed by the measures put in place by the government. At present (June 2021), there are 700,000 homes marked Sold Subject to Contract and going through the sales process – the highest number recorded over the past 10 years (Source: Rightmove). Even when the stamp duty holiday tapers at the end of June and reverts to normal from October, we anticipate demand to remain high, because there are still many homeowners out there holding back until there is a return to some kind of normality. Savills predict a 28.8% increase in house prices in the North West over the next five years, the biggest growth of any region.
Following lockdown, being closer to family and to a park/green space sits firmly at the top of many home-mover wish lists. By contrast, proximity to a railway station or to a place of work has slipped down the list.
Selling your home is one of the biggest decisions you’ll ever make and for most people, is something you’ll only do a handful of times in your lifetime. Contact me today to find out how working with me can benefit you.