(covering reddish, dane bank, denton, debdale and gorton)

Author: Andrew Smirthwaite

have you met phil? …and get 25% off your bill!

Come and meet me in Reddish, and get 25% off our standard fees when you instruct Julian Wadden Reddish to sell or let a property between the 4th January and the 31st March 2017.

I head up Julian Wadden Reddish and bring bags of experience in the South Manchester property market having helped run some of the company’s most successful offices.

To celebrate taking over, I’m offering homeowners and landlords in Reddish, Dane Bank, Denton and Gorton 25% off my standard charges until the 31st of March which I envisage will save both sellers and landlords, in some cases, literally hundreds of pounds.

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junior open softball comes to reddish!

If you know anyone that is interested in playing or wants to find out more about playing baseball/softball then Baseball & Softball UK is for them.

Starting 17th January, and running every Sunday 3-4pm at Reddish Vale High School for Juniors in Years 3-6. This is an exciting opportunity to try something new. Open to both boys and girls, all equipment is provided and sessions are run by fully qualified and DBS checked coaches.

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join the community spirit!

If you’d like to give back to the local community why not bob down to Fresh Fire Church. Having recently held a Christmas Extravaganza celebrating local unsung heroes, the church love to give back to SK5.

Why not check out their website for any upcoming events. http://www.freshfirechurch.tv/

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welcome good times manchester tattoo

Opening it’s doors on Tuesday 20th December. Good Times Manchester offers a brand new tattoo studio to Reddish. Tattoo artist Kiel Potter brings his 12 years of experience to the area. Having worked across Europe spending time in Sweden and Spain, Kiel offers all custom work with a big friendly smile. If you’re thinking about getting some new ink and would like to take a look at some of Kiels work why not check out his Instagram or pop down to the studio at 12 Gorton Road, Reddish, SK5 6AE.

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it’s official – letting agents save landlords an average £1,910 per year

A new survey suggests that a letting agent saves a landlord an estimated £1,910 a year.

The result of an investigation into 500 landlords by insurance firm Endsleigh suggests that there are widespread misconceptions among landlords about the value for money offered by letting agents.

Of those landlords suggesting that they could save money by not using agents, the average sum ‘saved’ on fees was £159 per month. However, a new survey suggests that a letting agent saves a landlord an estimated £1,910 a year.

The result of an investigation into 500 landlords by insurance firm Endsleigh suggests that there are widespread misconceptions among landlords about the value for money offered by letting agents.

Of those landlords suggesting that they could save money by not using agents, the average sum ‘saved’ on fees was £159 per month.

However, comparative analysis of the rental income and void periods for those landlords with, and those without, agents suggested that in fact agents saved their clients an average of almost £2,000 each.

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sales in SK5 by quarters

It is the time of year when we can reflect on how the last four quarters have performed. The adjacent chart splits the total number of sales for all property types into quarters. Not surprisingly, first quarter of 2016 was the strongest quarter with 163 sales (37.8%) in SK5. The last quarter of 2015 saw 127 sales, which equates to 29.5%.

 

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what jobs do people do in SK5?

The percentage of people employed in various industry sectors is often a good indicator of the distinct character of an area. In SK5, the largest number of jobs were in Retail, taking up 18.2% of jobs. Health had the second largest number of jobs with 13.5% of jobs.

 

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SK5 flat and house prices

The last 18 months have seen a seismic shift in the underlying dynamics of the UK economy. While the long term effects of Brexit on property prices remain to be seen, price levels in SK5 remain robust, as the adjoining chart shows. Prices for flats have increased 34.0% since October 2015 and house prices have increased 15.7% since July 2016.

 

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what impact does a good primary school have on SK5?

A property’s desirability is often a popular subject when we are talking to homeowners and local investors. Sure, you will find that Kirsty and Phil are right, and it is all about “location, location, location”, but the savvy property hunter has something else on their minds these days, and that is “education, education, education”.

More and more people searching for a home are looking at a property’s proximity to a good school before signing on the dotted line. If you already have children, the importance of this cannot be taken lightly, while it is also something to think about for those who are planning on starting a family in the near future.

Ofsted report and rank all schools in the UK, with their results having a huge effect on how desirable a school is. Consequently, this has a knock-on effect on demand for nearby housing.

If you look at the league tables, you will see that St Elisabeth’s CofE Primary School is one of the best local primary schools in SK5.

The figures don’t lie: in the last academic year, 79% of year six students hit the nationally expected target of level four and higher in the key areas of reading, writing and maths. It was also found that 21% of pupils hit the “above national average” level five. You can’t argue with a low pupil to teacher ratio either. St Elisabeth’s CofE Primary School has an average class size of 23.9, which means more teacher attention for each pupil and a greater chance of child progression.

These excellent results have impacted both local schools and property prices. The 250m zone around St Elisabeth’s CofE Primary School has an average sold property price of £124,200 in the third quarter of 2016, whereas 500m away the average sold property price was £114,200, a 8.0% premium.

school-prices

It is not quite the same story for secondary schools but there are good reasons for this. Your average secondary school is large, much larger than a primary school, so it takes in more pupils every year. This means that its catchment zone spans further than primary school’s catchment zones. Parents do not need to live so close to a secondary school to be assured a place for their child.

The other issue is that according to the London School of Economics, the difference between the top and bottom 25% of secondary schools is not quite as dramatic as the top and bottom 25% of primary schools. A good primary school in SK5 is potentially going to have far more of an impact on a child than a good secondary school.

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