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

Category: property market news

resident jobs mix

In SK5, the largest proportion of residents (13.6%) are of ‘Elementary occupations’ (Elementary). This is 2% higher than the average in the North West. Next most common in SK5, with 12.9% of all residents, are ‘Administrative and secretarial occupations’ (Admin.). This is 1.2% higher than the average in the North West.

 

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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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