It’s that time of the month to examine the Hyde 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.
Hyde is a highly desirable area, often favoured by first-time buyers, young couples and professionals. This is due to its variety of convenient local amenities, such as shops, food/drink establishments and reputable schools. Furthermore, Hyde boasts five train stations that provide transport links to Stockport, Manchester City Centre and the surrounding North West.
During February, the Hyde 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 Hyde property market has a healthy buyer cycle and is a prosperous market for sellers.
An area of particular interest this month was Gee Cross. With reputable schools and a range of convenient local amenities close by, it has become highly attractive to families. Most properties in good condition priced between £200-£250k are selling well.
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.
If you were thinking about listing your property with us then now is the perfect time to do so!
Contact the Edward Mellor Hyde branch for more information. Either call us on: 0161 368 0950 or email [email protected] to speak to a member of our experienced team.
The average sale price for properties in Hyde over the past 12 months is £199.651, which is a 2% increase in annual sales prices and a 31% 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.
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 four-bedroom end terrace property on Old Road within Hyde.
Despite the unfortunate fall through of a sale, our expert sales negotiators worked diligently to secure a second buyer and an offer was accepted by the vendor in under a week of going back on the open market.
We know our buyers and work hard to pair our hot buyers with the right property, facilitating a successful and fast sale.
Boasting a vast layout and expansive plot, this impressive detached property is an exciting opportunity to create a stunning family home!
Internally, the property benefits from three reception rooms, five bedrooms, a fitted kitchen and a four-piece bathroom suite. Beneath the property is a great-sized tanked cellar that is suitable for further expansion opportunities (stpp).
Externally, the residence boasts a large driveway capable of accommodating multiple vehicles, ensuring ample off-road parking. A wrap around paved garden provides plenty of outdoor space, while an annex and integral garage offer flexibility for various uses. Two stables are also a superb benefit for those with equestrian interests.
Click Here For More Information
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 Hyde property market from 01/02/25 – 28/02/25. The postcodes included are SK15 1-3 / SK14 1-6 / SK14 8 / SK16 4-5.
**dataloft, Hyde property sales overview, accessed Feb 2025.
Related Pages
