With 2025 well and truly underway, it’s time to take stock and evaluate the Denton property market.
As we look forward to what the new year brings, we are keen to continue helping our clients navigate the Denton property market and are diligent with our aim to achieve the best possible outcome for the customer.
Let’s take a look at the Denton property market and Edward Mellor’s place within it. This February update provides insight into buyer and seller activity, based on market trends and data from January.
Denton is a desirable residential town in Tameside. Due to its wide range of convenient local amenities, reputable schools and transport links into Stockport and Manchester, it’s popular with a range of different buyers.
However, this month we saw an increase in first-time buyers seeking terrace or smaller semi-detached properties. Most homes within the price bracket of £170-210k have been in high demand and are selling well. Additionally, downsizers have been taking up a larger portion of buyers in the Denton property market. Bungalows in good condition have been gaining a lot of attraction during January.
The condition of the property appears to be of increasing importance to buyers with modern and trendy décor attracting the most interest. This infers that the average deposit size for buyers appears to be smaller and there is less available cash for renovations or home improvements. Buyers are preferring to pay a higher price for a ‘turn-key’ property and then borrow more money against the mortgage due to the lack of disposable income.
This month, we had 7 new instructions and 6 sales agreed, showing us that demand is currently meeting supply and the market is stable.
If you were thinking about listing your property with us then now is the perfect time to do so!
Contact the Edward Mellor Denton branch for more information. Either call us on: 0161 660 6749 or email [email protected] to speak to a member of our experienced team.
The average sale price for properties in Denton over the past 12 months is £198.347, which is a 3% increase in annual sales prices and a 35% rise in sales prices over the past 5 years**.
Due to the increase in demand, sales prices have risen and the market has become more competitive. To accommodate this, our expert valuers comparably price properties to generate a high level of activity and viewings. Consequently, this increases the chance of completion and achieves the best price for the vendor.
We have a plethora of exciting success stories this month and it’s no surprise after we’ve sold 10.9% of the market*.
One of which is the sale of a three-bedroom end terrace property situated on Laburnum Road. Our expert valuer decided on an offers-over-pricing strategy to ensure a competitive price was achieved. After seventeen days on the open market, it received multiple offers and sold for over the asking price.
Overall, due to our diligent sales negotiators and expert valuers, we are able to assess each individual property and cater our marketing strategy to achieve the most desirable outcome for our vendors.
Perfect for downsizers, this immaculate semi-detached bungalow is a fantastic opportunity for those seeking single-level living.
The interior contains two bedrooms, a spacious lounge, kitchen, three-piece shower suite and a stunning conservatory. Externally, the private garden is not overlooked and is paved for easy maintenance. There is also a detached garage and a driveway for off-road parking.
Situated within a peaceful cul-de-sac location, the property is ideally located within close proximity to a range of local amenities, including shops, food/drink establishments, Windmill Pharmacy and the beautiful Reddish Vale Country Park.
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.
*According to data sourced from Rightmove, reflecting the Denton property market from 01/01/25 – 26/01/25. The postcodes included are M34 2-3 / M34 5-7.
**dataloft, Denton property sales overview, accessed January 2025.
Related Pages
