With the festive period behind us, it’s time to reflect on the Northwich property market and evaluate Edward Mellor’s performance this December. As we head into the new year, we remain dedicated to providing expert and reliable services to our clients.
Let’s take a look at how we ended yet another successful year!
Northwich is a fantastic area with convenient local amenities, reputable schools and great transport links into Manchester and Liverpool, making is very popular with a wide range of different buyers.
December appears to be no different with no obvious trend becoming apparent. This month, our agreed sales have ranged from properties priced at £160k-£400k. However, we have continued to see buyers moving into Northwich from outside the area.
Total property sales in Northwich over the past three months have been valued at £63.7m, with 91% of these sales involving homes rather than flats**. This strongly suggests that buyer interest in the area is coming from first-time home buyers, growing families and landlords who are expanding their portfolios, rather than individual buyers looking for small flats.
Over the festive period, the Northwich property market saw fewer instructions with only 100 new homes brought to the market in comparison to the 198 properties instructed in November*. Despite this, it is still a fantastic time to sell. Currently demand is higher than supply in the area with 116 sales agreed in December*. It’s a sellers’ market in Northwich.
If you were thinking about listing your property with us then now is the perfect time to do so!
Start your new year with a bang and contact the Edward Mellor Northwich branch for more information. Either call us on: 01606 828602 or email [email protected] to speak to a member of our experienced team.
The average sale price for properties in Northwich over the past 12 months is £232.282, which is a 0% change in annual sales prices and a 21% rise in sales prices over the past 5 years**.
The current state of house prices in Northwich appears to be fairly static. There is a lack of stock however, if a property arrives on the market at a strategic price it tends to sell quickly due to the limited amount of stock available.
Our expert valuers employ a comparable pricing strategy to boost the number of viewings and achieve the best possible outcome for your vendors. Despite the static state of Northwich’s property market, we are committed to our customers, whether you are seeking to buy or sell.
If you want access to our properties before they arrive on the market, then register with us and become one of our highly valued hot buyers.
Edward Mellor In Northwich
We have a plethora of exciting success stories this month, including the sale of two three-bedroom family homes on Blakemere Drive and Seagrave Close.
Blakemere Drive was strategically reduced during a peak of activity of Boxing Day, which subsequently led to a fast completion for the vendor. The owners of Blakemere then went on to purchase Seagrave Close as a result of our excellent Northwich team who are experts in guiding vendors through every stage of the buying and selling process.
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.
If you would like to sell a property in the New Year, now is the time to list your property to fully capitalise on strong buyer interest going into 2025.
*According to data sourced from Rightmove, reflecting the Northwich property market from 01/12/24 – 31/12/24. The postcodes included are CW9 5-8, CW7 1-4, CW10 0 and CW8 1-4
**dataloft, Northwich property sales overview, accessed December 2024
