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.
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!
Last month we launched Enjoy Local and so far, the business which has signed up at The Fletchers in Denton, Tavola and From the Heart. If you run a business or know someone who does and want to promote your business for free then please do get in touch. Keep your eye on our Social Media when it’s launched and don’t forget to pop in our Reddish branch for your key tag.
How about an Easter Egg Hunt on the 1st April at 11am prompt. The event is at North Reddish Park and is set to be a lot of Fun for everyone so don’t miss it! The address is 22 Longford Rd West, Reddish, SK5 6ET
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.