Following a cautious end to 2025, the property market has shifted into high gear following the New Year, as buyers draw confidence from improving financial conditions and greater certainty after Chancellor Rachel Reeves’ Autumn Budget.
The North West property market has started 2026 with a clear split in performance between our Greater Manchester core areas and Cheshire.
While both markets remain active, the pace and style of movement differ — creating different opportunities for buyers and sellers in each location.
Whether you are thinking of buying or selling over the coming months, our latest North West Property Market Update will help you get a grip on the current market, so that you can decide on the best time to move.
Sellers should keep in mind that Edward Mellor core area average sale prices are currently outperforming both the North West and England and Wales, meaning that now is an excellent time to sell.
To find out how much your home could be worth and to begin your onward property journey, contact our friendly, local property experts today using the link below.
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House sale prices in Stockport and our wider core areas are now sitting comfortably above the wider North West average.
Even better for property owners, the region is experiencing stronger annual growth than both the regional and national markets.
Over the past 12 months:
This level of performance reflects sustained demand for well-located commuter towns, good local schools and family housing.
Buyers are still willing to pay competitive prices for high-quality homes (especially those that are ready-to-move-into) that offer space, convenience and long-term value.
Transaction levels have eased compared to last year, broadly in line with national trends (England & Wales transactions down 20.5%).
Higher borrowing costs through 2025 and increased choice for buyers have naturally slowed the pace of agreed sales.
However, what is important is that prices have remained resilient. Serious buyers are still active and proceeding — particularly when homes are priced realistically and presented well.
Sellers in the North West can take further comfort from the fact that data from the UK Residential Market Survey (1) suggests that new buyer enquiries across the region are also far in excess of those in much of the rest of the UK.
The current property market across the North West offers good opportunities for savvy sellers who position their properties well and attract the right buyers.
For sellers, strategy matters more than speed. Correct positioning from launch is now essential to secure strong interest and avoid unnecessary reductions later.
Northwich and Stockton Heath h2
Cheshire remains a distinct market within the North West — operating at a higher price point and driven more by lifestyle and equity-led buyers.
Although house price growth in Cheshire has been more muted compared to the wider North West region over the past 12 months, house price growth is still outpacing that of England and Wales.
Properties in both Northwich and Stockton Heath continue to command a significant premium over the national average, reinforcing their reputation as desirable lifestyle locations.
Growth has been more measured compared to Greater Manchester. This is typical of higher-value markets, where buyers tend to be more considered and less reactive to short-term market fluctuations.
While transaction levels have reduced, the drop is slightly less pronounced than the national picture. Demand in Cheshire is often driven by life events — upsizing, downsizing, relocation or schooling — rather than purely affordability-led moves.
Family homes in sought-after villages and semi-rural settings continue to perform best, particularly where pricing aligns with current buyer expectations.
Cheshire remains stable and desirable, with properties in Northwich and Stockton Heath demanding good prices — but the region is not immune to broader economic conditions.
The Bigger Picture Across the North West
Across both Greater Manchester and Cheshire, the market in early 2026 can be described as balanced but selective.
For buyers, improved stock levels mean more options and less urgency than during peak market conditions.
For sellers, success now depends on preparation, pricing and professional marketing.
If you are considering a move in 2026 — whether in our Greater Manchester core areas or across Cheshire — a tailored, local strategy will make all the difference.
Edward Mellor are here to guide you through the current market with clarity and confidence. With over 40 years of proven experience and a top-selling record for helping clients to move home, there’s no better trusted name in estate agency.
Contact your local Edward Mellor branch using the link below.
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