patterns emerging in price bands

Over the last year, every property that was sold in The Heatons has fallen into one of six price bands. We’ve
displayed them as a pie chart to illustrate quite how interesting this pattern is. Perhaps unsurprisingly the price
band which represents the biggest slice of the cake was the £0-£200k price band (45.0% of all sales).

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what effect is public transport having on the price of your home?

In SK4, the streets where homes sell fastest and command the highest price-per-square-foot aren’t always the most lavish, they’re the ones that are the best-connected. After all, there’s a reason why the most popular property programme on TV is called Location, Location, Location.

As your local agents, we’re often asked all sorts of questions regarding our market, but the most common question is always “which is the best part of The Heatons to live in these days?”, particularly from newcomers. Of course, the answer is different for each client because of things like their family situation, age and hobbies etc. But one of the primary requirements for most buyers is ease of access to public transport. Many of us regularly use public transport so we don’t want to live a million miles away from our local station if we have to commute into work each day.

Public transport is actually becoming increasingly important as the costs associated with car travel continue to rise and roads are becoming more congested. This has resulted in a huge surge in rail travel. In fact, in Britain, passengers made 1.32 billion train journeys in 2010 (according to the Association of Train Operating Companies), a rise of 37% in a decade and the most since the 1920s.

Location has a huge effect on the price and saleability of a home, and in our experience houses and flats close to a train station always sell and rent quickly. To illustrate the point we did some spatial interpolation of property price data, also known as number crunching! Our analysis showed that in the 10 years up to the start of 2016, average sold prices within 1km of Heaton Chapel Station rose by 17.8% compared with 10.2% within 2km, which represents a premium of 7.6%. This means that for every 250m you live closer to the station, the average property price rose by 1.9% more. If that doesn’t convince you that stations matter, we don’t know what will.

heaton-chapel-graph

It affects the rental market, too. If you’re an investor looking for a buy-to-let property, or a renter looking for your next home, the distance to and from the station is extremely important. One of the first things renters do when searching for somewhere to live is look at the nearest station’s proximity to the property. That’s why Rightmove displays the distance to the station alongside each listing. Ideally renters want a speedy commute to their work or university, and they want an even speedier walk from their home to the nearest station.

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investment opportunity in spathfield court, heaton norris

Hi everyone, I’ve seen a property on with Reeds Rains which appeals to a lot of my landlord investors so I thought to share it with you all.

It looks to be a nice, tidy property, well presented and looked after.

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new beauty salon comes to heaton moor

A brand new beauty salon has arrived in Heaton Moor. Based on Heaton Moor road, ‘Sophia Georgiou’ is a modern and unique makeup/beauty studio. With stockists of Lauren’s Way and Beauty Blender, this beautiful studio is sure to attract plenty of interest.

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heaton moor rugby club need you

Local rugby club Heaton Moor RUFC, are looking for players aged between 5 and 17 to join their mini and junior teams. This is the fastest growing Rugby club in the Norht West and boasts brilliant facilities, giving people of all abilities and experience the chance to develop their skills. With pre-season training well underway, what better way to keep fit and be a part of an award winning club.

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clifford johnston solicitors

Independent solicitors Clifford Johnston have set up a new home on Heaton Moor high street. Already based in Burnage and Rusholme, this is their third branch sitting directly opposite Rock Salt cafe. Offering a bespoke range of legal services, we wish Phillip Walsh and his team the very best of luck.

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two bedroom terrace in heaton norris suitable for buy-to-let

Hi everyone, thought I would point this property out to you. I came across it in my daily trawl of the property websites and thought it looked interesting. It’s located in Heaton Norris on Churchill Street, not too far from Asda and has come to the market with John Mellor Estate Agents.

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working from home statistics in sk4

Typical structured working environments based on the nine-to-five working day are slowly disappearing, with more people choosing to work from home. There are interesting differences between areas, not least in The Heatons, with 5.8% of people now working from home instead of in an office. This is 1.3% higher than in the North West (4.5%) and 0.4% higher than the national average (5.4%).

 

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