With 2025 well and truly underway, it’s time to take stock and evaluate Reddish’s property market.
After a successful Christmas period, we have continued to outperform our competitors to become the number one estate agent in the area for new instructions.
As we look forward to what the new year brings, we are keen to continue helping our clients navigate the Reddish property market and are diligent in our aim to achieve the best possible outcome for the customer.
Let’s take a look at the Reddish property market and Edward Mellor’s place within it. This February update provides insight into buyer and seller activity, based on market trends and data from January.
Reddish is a highly desirable area due to its convenient location between Stockport and Manchester. It provides residents with excellent transport links, as well as a range of local amenities, making it ideal for young couples, first-time buyers and professional persons. Furthermore, its proximity to the residential areas of Heaton Chapel and Heaton Moor make Reddish a popular area for young adults moving out of the family home but wishing to stay close by.
Following on from last month, buyer trends appear to revolve around first-time buyers predominantly interested in terraced properties or onwards movers seeking to upsize into 2-3 bedroom semi-detached homes.
This month, we had 12 new instructions and 9 sales agreed, showing us that supply is currently higher than demand, therefore now is an advantageous time to find your dream home! Edward Mellor were the number one estate agent for new instructions in the area during January, 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 Reddish branch for more information. Either call us on: 0161 442 5033 or email [email protected] to speak to a member of our experienced team.
The average sale price for properties in Reddish over the past 12 months is £194.995, which is 0% annual change and a 31% rise in sales prices over the past 5 years**.
The stability of house prices in Reddish over 2024 are yet another reason for its popularity with first-time buyers, as the majority of areas in Greater Manchester appear to have rising house prices. Within the more desirable area of South Reddish, we are seeing properties priced between £200k and £270k selling well.
To accommodate this, our pricing strategies tend to remain competitive to create urgency. 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 19.6% of the market to become the number one estate agent within the area*.
One of which is the sale of a two-bedroom terrace property on Lewis Road. After withdrawing from the market, they came back on with us and our Reddish team secured an offer above asking within a week of going live on the market.
Overall, due to our diligent sales negotiators and expert valuers, we are able to assess each individual property and cater our marketing strategy to achieve the most desirable outcome for our vendors.
This immaculate two-bedroom apartment is situated within the highly desirable Elisabeth Mill. Ideal for first-time buyers or those seeking a buy-to-let opportunity, this apartment is not one to miss out on!
The fantastic home benefits from high ceilings and exposed brickwork and briefly comprises of; a welcoming entrance hallway, a modern kitchen with open plan living and dining space, two spacious bedrooms and a three-piece bathroom suite.
For commuters, Reddish South stations is a ten-minute stroll away, providing links to Stockport town centre. Furthermore, bus routes connect you to surrounding areas.
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 Reddish property market from 01/01/25 – 26/01/25. The postcodes included are M18 7-8 / SK5 6-7.
**dataloft, Reddish property sales overview, accessed January 2025.
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