With the festive period behind us, it’s time to reflect on the Droylsden property market and evaluate Edward Mellor’s performance this December. As we head into the new year, we remain dedicated to providing expert and reliable services to our clients.
Let’s take a look at how we ended yet another successful year!
Droylsden is very popular with families due to its convenient local amenities and reputable schools. Last month we saw an increase in families moving to the area, however during December this shifted to first-time buyers. Terraced and smaller semi-detached properties have been in high demand and made up the majorities of sales this month.
Total property sales in Droylsden over the past three months have been valued at £26m, with 91% of these sales involving homes rather than flats**. This strongly suggests that buyer interest in the area is coming from first-time home buyers, growing families and landlords who are expanding their portfolios, rather than individual buyers looking for small flats.
Despite the festive period, Edward Mellor have continued to outperform our competitors and achieved a market share of 50%* of new instructions in the area. During December, 18 properties were brought to the market and 15 were sold, suggesting that Droylsden property market is fairly stable and demand is meeting supply*.
If you were thinking about listing your property with us then now is the perfect time to do so!
Start your new year with a bang and contact the Edward Mellor Droylsden branch for more information. Either call us on: 0161 532 7904 or email [email protected] to speak to a member of our experienced team.
The average sale price for properties in Droylsden over the past 12 months is £196.203, which is a 2% increase in annual sales prices and a 39% rise in sales prices over the past 5 years**.
There is a stronger buyer interest in more strategically priced homes. To avoid a down valuation and achieve the best outcome for our vendors, we focus on a realistic pricing strategy by comparing our valuations to other homes sold within the same area.
This helps to generate a higher number of viewings which increases the chance of finding the right buyer and arriving at completion.
We have a plethora of exciting success stories this month and it’s no surprise after we’ve sold 33.3% of the market*.
This month we successfully completed on 15 properties*, one of which was a spacious three-bedroom semi-detached property on Luke Road. Due to our expert Droylsden team’s ability to identify the correct buyer for the property, it was sold within five days of going onto the open market!
Additionally, our team secured the sale of a two-bedroom terraced property on Ashton New Road in Clayton within two weeks of going live on the market.
With over 40 years of proven experience in helping people buy and sell property, our local teams are on hand to help clients at every stage of their property journeys.
If you would like to sell a property in the New Year, now is the time to list your property to fully capitalise on strong buyer interest going into 2025.
*According to data sourced from Rightmove, reflecting the Droylsden property market from 01/12/24 – 31/12/24. The postcodes included are M43 6-7.
**dataloft, Droylsden property sales overview, accessed December 2024
