It’s that time of the month to examine the Denton property market and Edward Mellor’s place within it!
With the ‘spring rush’ fast approaching, now is the time to consider the sale of your home. We are here with expert advice and over 40 years of experience to help guide you through the buying and selling journey.
Let’s take a look at how the market fared during February.
Denton is a desirable and 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.
During February, the Denton property market continued to prosper due to the higher level of stock available as we head into spring. The town offers a diverse range of properties, making it attractive to a variety of buyers and creating opportunities for onward movers to free up supply for first-time buyers and downsizers. Overall, the Denton property market has a healthy buyer cycle and is a prosperous market for sellers.
A current trend we are seeing with first-time buyers is a preference for ‘move-in ready’ homes. Due to the reduction of mortgage rates, buyers are borrowing against the banks and buying properties in better condition at a higher price, rather than an investment property. This infers that first-time buyers have less disposable income to spend on refurbishing a property, therefore the condition of a home is generally a deciding factor.
However, there is still strong demand from tenants looking for rental properties, so ex-rental and development properties are still highly sought after by savvy landlords on the auction market. This month, Haughton Green has been popular with buyers seeking an investment opportunity due to its more attractively priced properties.
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 532 6778 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 £203.310, which is a 5% increase in annual sales prices and a 37% 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 9.3% of the market within Denton*.
Here at Edward Mellor, we pride ourselves in providing our vendors with expert customer service throughout the entirety of the buying and selling process. This was reflected in the sale of a two-bedroom apartment on Sandheys within Denton.
The property was sold within just over two weeks of being on the market, while still achieving the asking price.
This was achieved due to the diligent work of our sales negotiators in finding the correct buyer and our expert valuer who successfully identified the best pricing strategy to achieve an outcome that met the vendor’s expectations.
This recently redecorated true bungalow is any downsizer’s dream. Comprising two bedrooms, a spacious lounge, a brand new kitchen and a recently refurbished shower room, the property is in immaculate condition.
The property is situated within a well-connected and convenient area. Transport links are easily accessible via Denton train station, the M60 and M67 motorway network and local bus routes. Local shops and supermarkets are within walking distance, as well as leisure facilities and medical practices.
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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 01/02/25 – 28/02/25. The postcodes included are M34 2-3 / M34 5-7 / OL7 0.
**dataloft, Denton property sales overview, accessed Feb 2025.
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