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

Category: property market news

sales levels in reddish have increased

The number of sales in a given area is a powerful measure of the buoyancy of local housing markets. There were a total of 433 transactions in SK5 in the last calendar year. This is an increase of 44.4% over the year. In comparison, there was an increase of 35.2% in the North West, and an increase of 29.4% across England & Wales.

 

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turnover in the context of the bigger picture

Sales as a percentage of total housing stock available is a useful measure of an area’s turnover. Of the total private stock in SK5, 3.3% of properties changed hands in the last calendar year. This is 0.5% less than in the North West, where the turnover was 3.8%, and 0.9% less than the whole of England & Wales (4.1%).

 

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