General

So, blink and you have probably missed the Summer! And as we head into September and the children return to school, you will be delighted to know that as we write this, there are now 114 days until Christmas!

What a month July was! The bizarreness of the post-pandemic property market rests on a bit of a paradox. Homes cost more than they ever have before. But they have also never been cheaper to buy.

So, here we are at the halfway point in the year! The Government delayed the full lifting of Covid restrictions on the 21st June, which will have been disappointing for the hospitality and travel industries in particular, but the vaccine roll out continues at pace and the England football team are allowing us to dream once more that it might be coming home for the first time since 1966!

It seems quite incredible that May 2021 saw the twelve-month anniversary of the house market reopening during the pandemic. Nobody knew what to expect.

Hot, hot, hot! We’re not describing the weather we have started to enjoy in recent days, although it has made a welcome change! We are talking about the UK property market right now. 

Whether we are in an active market like now, or one that moves at a slower pace, there is still a percentage of homes that can struggle to sell.

If you’re looking to buy a house in Cheadle at the moment you may have a ‘Fear Of Missing Out’ (FOMO), and who could blame you? 

No matter what you’re advertising, whether it’s a product, a service or especially your home, you want to capture a buyer’s attention. 

Measuring commuting distance might seem a little obscure but it actually offers a particularly good insight into the character of any local housing market. For example, commuter towns tend to really come alive at the weekends but are quieter in the week. Areas where most people work locally will have a stronger community feel day-to-day.

The property market fluctuates on a seasonal basis, and this is particularly the case for sales rates. This chart shows how the market has changed over the course of the last few months. The most recent periods are estimates based on the previous year’s pattern.

It won’t come as any massive shock that houses are generally worth more than flats in our area. However, when it comes to the movements over time, these two broad types of property do not always behave similarly. Here we see how flats and houses have varied in price.

The profile of car ownership is a great signal of the practical needs of residents in a local market. Most households have a car, but the number owned varies enormously based on the type of area. For example, if you live in a one bedroom flat in a city you’re much less likely to own a car than if you live in a commuter suburb.