Property Market News2020-10-21T10:56:55+01:00

Property Market News

£577,042 – ‘Wood’ You Pay That for a Stockport Semi-Detached House?

The value of an average Stockport semi-detached house has increased in value by £19,407 in the last 12 months, an increase in value of 7.13%. Yet the costs of building a Stockport home have shot up even more in the last 12 months, meaning the price of Stockport new homes [...]

By |July 18th, 2021|

STOCKPORT BUY-TO-LET LANDLORDS OWED £1,223,097 IN UNPAID RENT. BUSINESS PEOPLE OR SAVIOURS?

There is no getting away from the fact that the rise in the number of buy-to-let properties in Stockport has been nothing short of astonishing over the last twenty years. As a result, many in the press have said Britain is a broken nation, with many twenty and thirty-somethings unable [...]

By |July 10th, 2021|

COULD STOCKPORT HOUSE PRICES FALL IN 2022? DON’T BET ON IT!

As 1 in 6 Stockport homes are selling within a fortnight of coming to market One of the most astounding things that has happened in the last 12 months was something that did not happen. Even after the country saw the deepest recession since the Great Freeze of 1709, with [...]

By |May 5th, 2021|

STOCKPORT HOME BUYERS £6,720,809 WINDFALL AS STAMP DUTY HOLIDAY STRETCHED TO SEPTEMBER

The Chancellor Rishi Sunak announced two initiatives to keep the Stockport property market firing on all cylinders into 2021. Firstly, the £500,000 zero-rate Stamp Duty band has been extended to the 30th June 2021. After then it will phase down to £250,000 for an additional three months, returning to the [...]

By |March 31st, 2021|

STOCKPORT PROPERTY MARKET IMPROVED BY 19.7% OVER PRE-PANDEMIC LEVELS

Has there ever been a better time for Stockport home sellers? The Stockport property market, for people looking to sell, is at its sturdiest for at least the last five years with home buyers jumping onto the Stockport property ladder with abandon. Stockport house prices are anticipated to rise throughout [...]

By |March 30th, 2021|

Sainsbury’s Central Stockport site is set to become 550 new homes

Amstone Ventures has acquired the 3.3-acre former Sainsbury’s site in the town centre for a £100m build-to-rent development. Sainsbury’s closed its doors at the Warren Street site in January and has now concluded the site’s sale. Architect Leach Rhodes Walker is drawing up plans for a scheme including apartments and [...]

By |March 11th, 2021|

LIFELINE FOR STOCKPORT HOUSE BUYERS & FIRST-TIME BUYERS

The Chancellor of the Exchequer, Rishi Sunak, has stated the Stamp Duty Holiday for Stockport properties up to £500,000 will be extended from 31st March 2021 to the 30th June 2021; and to ensure we don’t have a cliff edge, from 1stJuly 2021, the Stamp Duty Holiday will apply only on properties [...]

By |March 5th, 2021|

HALF OF STOCKPORT HOMEOWNERS MOVE AGAIN WITHIN 5 YEARS AND 31 WEEKS – WHY?

In Britain, there are 27,071,500 households, of which 17,044,450 are owned and are worth a total of £3,925,865,212,950 (£3.92 trillion). Over the last 5 years, an average of 86,096 properties sell each month, meaning just over a million UK households move home per year. Therefore, the average British homeowner moves [...]

By |February 19th, 2021|

12% DROP IN STOCKPORT HOMES ‘FOR SALE’ IN LAST 4 MONTHS

With most Stockport families home schooling their children in lockdown and the forthcoming Stamp Duty Holiday deadline on the 31st March 2021, less Stockport properties have been coming onto the Stockport property market since the new year. This has prompted a 12% drop in the supply of Stockport homes for sale compared [...]

By |February 4th, 2021|

MANCHESTER CITY COUNCIL CONSULTATION ON SELECTIVE LICENSING SCHEME

A public consultation has begun that will ask for opinion around extending Selective Licensing to four new locations in the city totalling around 1,402 private sector homes, those areas include; Clayton and Openshaw - approx 105 PRS properties Harpurhey - approx 430 PRS properties Two areas of Gorton and Abbey Hey - approx 867 PRS properties If [...]

By |February 2nd, 2021|

will the stockport property market crash in 2021?

...and the three reasons why it will not be the catastrophic scenario some are predicting In the last few months, the Stockport (and UK) property market has resisted and flouted every economist’s prediction. With the economy a shadow of its former self, unemployment set to hit 11.9%, the Government on track [...]

By |December 9th, 2020|
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ABOUT THE BLOG

My blog follows the property market in Stockport. You’ll find insight, commentary and analysis that relates specifically to Stockport, along with the latest investment deals with all agents in the area.

ANDREW SMIRTHWAITE – CO-AUTHOR

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If you are thinking of buying, selling or letting out a property in Stockport, or just want some general property market related news and advice about the Stockport area please either pop in to my office, phone or drop me an e-mail. I look forward to speaking to you.

0161 474 8660

andrew@julianwadden.co.uk

THEO PERKIN – CO-AUTHOR

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I am passionate about property and fascinated by the growing Stockport Lettings market. If you have any questions about lettings, rental returns and yields, tax and legal changes for landlords or anything else BTL related I would love to have a chat. So please pop into our branch, alternatively phone or e-mail me.

0161 474 8668

theoperkin@julianwadden.co.uk

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