(covering SK1, SK2 and SK3)

Category: property market news

Stockport is ranked as the fastest growing economy in the North West

More great news as Stockport is ranked as the fastest growing economy in the North West, once again highlighting our town’s position as a leading business location.

The UK Powerhouse study is produced by Irwin Mitchell and the Centre for Economics and Business Research (Cebr). It provides an estimate of GVA growth and job creation within 45 of the UK’s largest cities 12 months ahead of the Government’s official figures. The latest report revealed that Stockport was the top location in the North West in terms of GVA growth during the last quarter of 2017. In contrast, Manchester and Greater Manchester recorded GVA growth rates of 1.2%, while Liverpool only registered growth of 0.7%.

The study also considered the future prospects for all of the major conurbations in the UK, with Stockport expected to once again register growth of 1.3% .

Read the full article here…

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How many cars per household?

The profile of car ownership is a great signal of the practical needs of residents in a local market. Most households have a car, but the number owned varies enormously based on the type of area. For example if you live in a one bedroom flat in a city you’re much less likely to own a car than if you live in a commuter suburb.

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How to Keep Man’s Best Friend Safe and Secure in Your New Home

The latest Blog article from Seth Murphy:

Moving has been referred to as the third most stressful event in life, after divorce and the death of a loved one. But it’s no walk in the park for your dog either! Things no longer look, sound, or smell familiar, and he picks up on your stress level too. Some dogs regress to some of their puppy behaviors, some show signs of illness, and in the worst-case scenario, a dog may go missing or become injured while exploring his new surroundings. The following tips will help ease the transition for your pup so he will be safe and secure in his new home.

Plan ahead by updating your dog’s ID tag to show your new address, and if he is microchipped, update your address with its registry. Ideally, you will have already chosen a veterinarian in your new neighborhood and have found out if there are any region-specific vaccines your dog may need.

The way you handle moving day itself is key. Even if you use a moving company, keep all your dog’s belongings, such as his bed, toys, and bowls, with you. Familiar scents will help him feel more at home, so hold off on washing these items. Unpack them as soon as you get to your new house and put them in the same places they were in your old home. So, if his food bowl used to be in the kitchen, you’ll put it in the new kitchen as well. While unpacking your things, watch for any potentially dangerous items like chocolate or cleaning supplies your dog might have access to.

Stick to your dog’s previous feeding and walking schedule. This will go a long way in helping him feel comfortable. If you’re unable to stay home the first few days following a move, consider arranging for someone to visit your dog each day to ease his anxiety and to walk him to burn some energy.

Speaking of burning energy, prioritize play! Make sure your furry friend is getting plenty of attention and exercise. Keep him busy with fun activities like playing with Kongs and other food-dispensing toys. Amid all the unpacking, schedule play breaks for both of you. Find nearby dog-friendly locales and take a walk in the neighborhood to familiarize your dog with his new surroundings and neighbors. Don’t add additional stress. If your dog hates getting his nails trimmed, now is not the time! If you’ve been thinking about changing his diet, hold off for a little while.

While dog-proofing your home is important, backyard safety cannot be emphasized enough. Check your yard for plants that are poisonous to dogs. Never leave your dog in the yard when you’re not home. Even when you are home, you’ll want to keep an eye on him. All dogs need a safe, fenced-in area. Proper fencing that keeps your dog in and other animals out, as well as keeps him safe from the attention of passersby, is priceless.

Be on the lookout for signs of stress, such as diarrhea, vomiting, loss of appetite, or anxiety. Ask your vet about calming medication or try some natural alternatives from your local pet store. If these symptoms continue, you’ll want to take him to your vet to make sure nothing else is going on.

Congratulations on your new home and for being such a responsible pet owner! Just as your dog has shown you his devotion, you’ll want to show him extra patience during this transition. Stay calm, reinforce positive behavior, and take time to have fun together. By following these tips and focusing on safety, you and your dog will soon feel right at home.

 

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Prices in last few months (flat vs house)

We wanted to take a look at how overall average prices of flats and houses have changed in the last eight months. This is quite a short time frame so there’s a fair bit of volatility from month to month but the story it tells is an interesting one nonetheless.

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Quarterly index of sales by house type

This chart has indexed the levels of transactions for flats and houses over the last eight quarters. That means it takes the actual level of sales at the start of the period and converts them to 100, and then you can see the relative changes running up to the present. It should be noted that the smaller the number of properties, the more extreme the volatility.

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Development Opportunity – centrally located former public house is on the market

The property, which was formerly the Olde Woolpack Pub, is situated adjacent to Junction1 of the M60 Motorway at Brinksway (A560), opposite The Pyramid Office Building and within five minutes walk of Stockport town centre.

On the market with a Guide Price of £265,000, it has the potential to be a good commercial to residential investment, subject to the correct planning and permissions.

Click here to see the property in more detail on the selling agent, Impey & Co’s, website…

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Covent Garden Housing scheme well under way!

The very exciting and long anticipated ‘Coven Garden’ scheme is now well underway. Situated in a prime Town Centre location, the 9.4m scheme of 74 houses will revitalise the London Square area and is expected to unlock the potential of the area and surrounding properties, thanks to its proximity to Stockport town centre.

You can read the full update from Stockport Council’s website here

 

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Statistics show more good news ahead for Stockport

The British press is being so hysterical about the UK property market at the moment, you’d be forgiven for thinking we were back in 2008 again, staring down the barrel of another credit crunch. This couldn’t be further from the truth. Week after week, more statistics come out revealing how buoyant the market is at the moment. Here are just three of the reasons why homeowners in Stockport should be grinning.

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Socio-demographics

The socio-economic profile is a telling measure of the constitution of people in a local market. We have to be careful when talking about the economic profile of local residents because no statistical measure will really illustrate the character of an area. However, we’ve used the governments ‘NS-Sec’ classification data on our area, which defines local residents in those terms.

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Prices by type over the last few quarters

By looking back over the last eight quarters, it’s quite enlightening to see how average sales prices have changed for individual house types. Obviously the bigger types sell for more, but the quarter-on-quarter changes tell an interesting story.

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