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.
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.
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 bouyant the market is at the moment. Here are just three of the reasons why homeowners in Reddish should be grinning.
Reeds Rains Estate Agents have for sale a two bedroom mid terrace property on Melton Street with a guide price of £105,000. The property is in a fantastic position with links to Stockport, The Heatons and all other surrounding areas and comes with an extremely attractive price tag.
This weekend (8th April) myself and some of my colleagues at Julian Wadden are taking part in an adult tournament at Reddish North End FC, to help raise money for the team! Playing 6 aside tournament in quick 8 mins games, with between 7 to 9 rounds being played to win. Pop down between 12 noon and 4pm to show your support for the club! and wish us the best of luck, we certainly need it!