THE HEATONS PROPERTY BLOG
LATEST NEWS
Sales levels in recent months by type
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.
Three big reasons to bet on the Heatons property market
As you’re no doubt aware, there’s a lot of doom and gloom surrounding the national property market at the moment. For example the Nationwide index showed that in June, annual house price growth had slowed to a five-year low. Our area hasn’t been immune; in the [...]
a low maintenance apartment making a perfect btl
In The Heatons, one bedrooms apartments certainly aren’t in short supply however, neither is the demand for them. Over the years we have seen high demand for these properties which has driven the monthly rental up making them great BTL opportunities for landlords/first time investors. [...]
Welcome to Daniel
Welcome to Daniel who has joined our busy Heatons team as a Lettings Negotiator.
Feast of auctions in The Heatons
Art lovers throughout The Heatons have a feast of auctions over the next few months. Establish in 1826, Capes Dunn has recently moved from their Manchester City centre to Station Road in Heaton Mersey. Selling a large number of Fine Art & Antiques, the auction company also host fortnightly Interiors, [...]
Cork of the North Arrives in at The Heatons
Wine merchants ‘Cork of the North’ is coming to Heaton Moor. Based just near 104 Heaton Moor Road, Heaton Moor, this independent company sell well over 500 different delicious bottles drink in OR take away. Along with great range to wines, Cork of the North have regular tasting events, News Letters and [...]
Heaton Arts Trail 2018
2018 marks the 6th annual event of this brilliant two-day, free to visit, community-led trail where local artists and artisans open their homes and studios to showcase their work to the public. It's an fantastic opportunity to see what's happening in the ever growing local arts scene and support local [...]
Breakdown of age bands
The split of the population by age group has a big effect on the local housing market; the demographic profile affects prices, but more importantly the tenure mix and the rates of sales. The patterns you can see here gives you a good insight into the profile of local residents.
Change in prices over the last three years
This chart shows how the relative prices of the major house types have varied over recent years. By clustering the columns you can see the interesting patterns developing over time.
Sales by house type over in recent years
The rate at which properties are sold in the market is probably the best indicator of what we in the trade call ‘buoyancy’. In this chart, we show the number of properties which have been sold each year since 2008.
What would more rate rises mean for The Heatons?
In the residential property world, the most important macroeconomic indicator we’re obsessed with is interest rates. Interest rates are the main tool the government uses to cool down the market when it shows signs of overheating. They have a massive impact on the housing market because [...]
a great btl deal with a solid yield
A great Buy-to-Let has come to the market on Lloyd Street, Heaton Norris and if you’re looking for a good return with minimal expense then this could be the house for you! […]
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ABOUT THE BLOG
JULIAN BETHELL – CO-AUTHOR
I’ve worked in the local property market for over a decade and I’m a director of Julian Wadden. I am really passionate about The Heatons, so if you have any property related questions, whether it be buying, selling, investment property advice or just curious about what’s happening this very moment in the Four Heatons property market, then just pop into my office, alternatively call or e-mail me. I look forward to hearing from you and having a chat.
JORDANA MCVARNOCK – CO-AUTHOR
I am fascinated by how vibrant our local lettings market is in The Heatons. If you have any questions about letting, current rental returns and yields, tax or legal changes for landlords or anything else BTL related I would love to have a chat. So please pop into the office, call or e-mail: