Spring has sprung! The mornings are brighter, the nights are getting longer, the leaves are back on the trees and it’s the busiest time of year for the property market.
With an increase in buyer enquiries and viewing figures, we have seen an uptake in both new instructions and sales during March.
Let’s take a look at how the beginning of spring has affected the property market.
This month we have continued to see a diverse range of buyers investing in the Levenshulme property market. Located between Manchester and Stockport, the area provides residents with excellent transport links, via train and bus, making it extremely popular with commuters. With rent prices rising in central Manchester, we have seen an uptake in first-time buyers seeking to invest in a more affordable area which is still within a commutable distance.
Currently, it appears that the stock available is meeting buyer demand, with 62 new instructions and 52 sales agreed this month, however when speaking to our buyers they tell a different story. For first-time buyers looking to move into the area, there is an abundance of two-bedroom terrace properties available, however, buyers seeking to upsize are struggling with the lack of larger properties on the market. Many are pushed out of the area and are relocating closer to Stockport into areas such as Edgeley and Cheadle Heath where there are more 3-4 bedroom semi-detached homes for sale.
Consequently, our Levenshulme team has been working closely with our Edgeley branch to connect vendors with pre-qualified buyers and create chains to lead to a successful completion.
For first-time buyers, the market is competitive. Despite the abundance of terrace properties available, they are generating high levels of interest. Those in good condition usually receive multiple offers and are sold SSTC within 1-2 weeks of going live. An area of particular popularity is South Levenshulme due to the Levenshulme train station and its local amenities.
Additionally, recent changes to legislation have resulted in many landlords opting to sell. Rather than tackle the changes, such as the Rental Reform Bill, new EPC requirements and leasehold changes, landlords are choosing to sell meaning there are more ex-rental properties on the market this month. The buy-to-let investment market within Levenshulme is beginning to die out as landlords sell, meaning there is an increase in the amount of stock available on the market and driving prices higher.
The average sale price for properties in Levenshulme over the past 12 months is £241.401, which is a 5% increase in annual sales prices and a 33% rise in sales prices over the past 5 years**.
Nationally, the speed at which house prices have been rising is slowing down and with the turbulent state of international politics, the future is looking uncertain. Despite this, the Levenshulme property market is flourishing. The popularity of the area and demand for a wide range of stock continue to drive property prices up.
To accommodate this, our expert valuers favour an offers over strategy to generate high volumes of activity and multiple offers, which in turn is pushing the selling prices up.
The overall message we have for prospective sellers is that now is the time to do so! The market is hot and spring is historically when we see the highest level of activity. Edward Mellor was the number one estate agent for new instructions in the area during March, so who better to trust to market your home!
Contact the Edward Mellor Levenshulme branch for more information. Either call us on: 0161 532 7984 or email [email protected] to speak to a member of our experienced team.
Contact Edward Mellor Levenshulme
We have a plethora of exciting success stories this month and it’s no surprise after we’ve sold 21.4% of the market to become the number one estate agent within the area*.
For example, the sale of a two-bedroom terrace property on Thornton Road, move-in ready and benefitting from stylish period features. Our Levenshulme team put together a marketing strategy to highlight the beautiful features of the property which resulted in 12 viewings and 7 offers. The property achieved £7.5K over the asking price and far exceeded the vendor’s expectations.
If you are looking to sell your property in Levenshulme, then now is the time to do so. Demand is high, especially for move-in ready homes. This is evident from the high number of viewing requests our properties are currently garnering.
Nestled on the ever-popular Broom Lane, this beautifully presented two-bedroom terraced house is the perfect home for first-time buyers or small families looking to settle in a lively and well-connected community.
Internally, the property boasts two reception rooms in a modern open-plan layout, as well as an attractively fitted kitchen, two double bedrooms and a three piece bathroom suite.
Broom Lane, Levenshulme, Greater Manchester
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 Levenshulme property market from 01/03/25 – 26/02/25. The postcodes included are M13 0 / M13 9 / M19 1-3.
**dataloft, Levenshulme property sales overview, accessed March 2025.
Written by Molly Booth
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