It’s that time of the month to examine the Edgeley 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.
Edgeley is a highly desirable area, often favoured by first-time buyers, young couples and professionals. This is due to its close proximity to the centre of Stockport where a plethora of local amenities can be found, such as the Merseyway Shopping Centre, Market Hall and Woodbank Park. Additionally, convenient transport links into Manchester City Centre are available via Stockport Station and the Stockport Bus Interchange.
Contradictory to the previous couple of months, the Edgeley property market has seen an influx of semi-detached and three-bedroom homes coming to the market during February. When priced and marketed correctly, they generate high levels of interest and viewings. This could suggest an increase in onward movers upsizing from a terrace and choosing to stay in what’s proving to be a very popular area.
Despite this, Edgeley continues to see a huge level of interest from first-time buyers seeking terraced properties in good condition. 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.
This month, we had 5 new instructions and 12 sales agreed, showing us that demand is currently higher than supply, therefore now is an advantageous time to sell! Edward Mellor was the number one estate agent for new instructions in the area during February, so who better to trust to market your home!
If you were thinking about listing your property with us then now is the perfect time to do so!
Contact the Edward Mellor Edgeley branch for more information. Either call us on: 0161 532 7863 or email [email protected] to speak to a member of our experienced team.
The average sale price for properties in Edgeley over the past 12 months is £229.703, which is a 7% increase in annual sales prices and a 38% rise in sales prices over the past 5 years**.
This rise in house prices over the last five years is indicative to Edgeley’s growing popularity. Although the area is still attractive to first-time buyers, we are seeking a shift towards a growing range of investor and onwards buyers seeking to obtain property in Edgeley. This increases demand and therefore boosts house prices.
To accommodate this, our pricing strategies tend to remain competitive to reflect the market. Our expert valuers favour a realistic approach with an offers over strategy to achieve the best outcome for our vendors.
We have a plethora of exciting success stories this month and it’s no surprise after we’ve sold 22.2% of the market to become the number one estate agent within the area*.
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 terrace property on Cunliffe Street within Edgeley.
After only a week on the open market, the property received nine viewings and consequently accepted an offer at 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 vendors’ expectations.
This immaculate, extended semi-detached property offers a versatile and spacious layout, perfect for families looking to upsize. Ideally situated in the desirable Edgeley area, this home is ready to move into, having been thoughtfully presented and maintained to the highest standard.
Internally, the layout comprises of a bay fronted lounge and expansive open plan kitchen/dining room. The first floor contains three bedrooms and a modern family bathroom. Additionally, the property also boasts a spacious loft room, accessible via a drop-down ladder, offering ample storage space, while beneath the property, the expansive cellar space provides a WC, plumbing, electric and heating, making it an excellent utility area.
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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.
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*According to data sourced from Rightmove, reflecting the Edgeley property market from 01/02/25 – 28/02/25. The postcodes included are SK3 0 / SK3 8-9 / SK1 1 / SK1 3.
**dataloft, Edgeley property sales overview, accessed Feb 2025.
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