Having been named as the ‘best place to live in North-West England’ by The Sunday Times in March 2024, it should come as no surprise to learn that the town has continued to be popular with property buyers.
Although property sales have fallen nationally during the past 12 months, it’s worth noting that property values across the North West have increased by 3.5% annually during May 2025 [1], as the region continues to outperform most of the rest of England.
With the Spring months from February to June typically representing the best time to sell a home, you could be forgiven for thinking that the opportunity to sell your home quickly and at a good price is beginning to pass; however, we continue to see Stockport and North-West outperforming other regions and there is no sign of this trend tapering off.
Conversely, homeowners may find that with the strong demand for property, there is greater competition from other sellers when trying to attract the right buyer. This makes it more important than ever to act quickly to work with Edward Mellor to sell your property, as the trusted name for both buyers and sellers within Stockport’s property market.
Contact our local teams today to book a free, no-obligation property valuation and unlock the true potential of your home.
Historically, Stockport was an industrial town with significant contributions to cotton and textile manufacturing, as well as the hatting industry.
Its prime location alongside the River Mersey led to rapid growth during the Industrial Revolution. However, the town has since evolved from its industrial roots to become a thriving community that attracts a wide range of people looking to take advantage of recent developments.
The government has pledged £1.5 million to transform the town and its surrounding boroughs [2]. Here are a handful of the ways it is being spent:
A highly anticipated extension to the Greater Manchester tram network, now set to include Stockport, will transform the town from an already well-connected area into a haven for commuters and professionals seeking easy access to Manchester.
Stockport town centre is also getting a facelift, with a £7 million investment programme dedicated to refurbishing the town’s historic Market Place and Underbanks area [3].
This programme will work alongside the recently built StockRoom development to provide social spaces for Stockport’s residents.
For those seeking a more residential area outside of the hustle and bustle of central Stockport, Brinnington presents an exciting opportunity to buy in an area currently undergoing a £33 million investment to build new family homes [4].
Furthermore, work has begun on a new community hub within Marple. It will contain a library, swimming pool, café, fitness suite, and will also house Marple Clinic.
The village is already a highly desirable area for families due to its reputable schools and family-friendly community, and with this new hub, it’s only set to improve!
This is just the tip of the iceberg and a glimpse of Stockport’s exciting future. As a result, buyers are flooding into the area to take advantage of these developments. It is no exaggeration to say that the property market is booming.
With the turbulent state of international politics, national economic uncertainty, and a changing job market, making large financial commitments can seem daunting.
Whether you’re a first-time buyer, seeking the perfect onward move, or an experienced investor looking to expand your portfolio, the decision to purchase a property is an important one.
However, recent changes in mortgage rates are making it easier to borrow. Base rates have fallen to 4.25% from 4.5%, and two-year swaps have moved from 3.869% to 4.099%, while five-year swaps have moved from 3.901% to 4.137%.
These figures may not appear dramatic, but they represent a significant increase of circa 6% since 2 May [5].
Consequently, this leads to lower interest rates on loans and mortgages, making borrowing more accessible overall.
Falling swap rates are also a good sign for those considering a fixed-rate mortgage, as it often means lenders can offer more attractive rates due to reduced exposure to future interest rate increases.
Alongside this, the Labour government has committed to a ‘New Homes’ scheme, with a target of 1.5 million homes built by 2029. Development is already underway locally in areas such as Brinnington and the Torkington Estate in Hazel Grove [6].
As a result, mortgage stress testing has become less stringent, which is excellent news for first-time buyers looking to get a foot on the property ladder.
This combination of factors is making it easier for buyers to secure an affordable mortgage and obtain their dream property.
Areas such as Edgeley are highly popular with first-time buyers due to the abundance of terraced properties and excellent transport links to Stockport and Manchester.
Its property market is already thriving, but with recent mortgage changes, it’s set to become even more desirable – alongside other popular areas like Levenshulme* and Reddish.
With all this in mind, if you are looking to buy, now is the time to do so. Especially for first-time buyers, borrowing is becoming more accessible and with the future looking uncertain, now is the time to act.
If you are considering selling in Stockport or the surrounding areas, now is the ideal time. The government’s £1 billion investment has led to exciting new developments, increasing the area’s popularity.
Landlords are looking to capitalise on this, especially in Edgeley and Levenshulme, while families and onward movers are seeking properties in Marple, Woodley, and Hazel Grove due to the excellent local amenities and commuter links.
Due to high buyer demand, it is currently a seller’s market. When priced correctly, homes are selling quickly.
Furthermore, changes in mortgage stress testing are making it easier for buyers to secure loans, bringing even more potential purchasers to the market.
However, national economic uncertainty makes the future unpredictable. For example, average house prices fell by 0.8% in June [7].
The good news for sellers in Stockport is that house prices have continued to increase across the North West, according to recent data taken from the RICS UK Residential Market Survey, June 2025 [8].
Therefore, if you are contemplating selling your property, it’s better to act sooner rather than later.
At Edward Mellor, we pride ourselves on our customer-focused approach. We are a family-owned company with over 40 years of experience and eleven branches across Stockport, Tameside, and Cheshire.
This month, our Stockport branches have excelled: using their expert knowledge of both local areas and the property market, our Woodley branch has achieved a 36.1% market share for sales, while our Edgeley branch has reached a 33.3% sales market share [9].
If you are thinking about selling, Click Here to book a FREE valuation with our expert team!
[1] Source: Dataloft by PriceHubble, Land Registry, MHCLG
[5] https://www.bankofengland.co.uk/boeapps/database/Bank-Rate.asp
[6] https://www.gov.uk/government/news/planning-overhaul-to-reach-15-million-new-homes
[8] RICS UK Residential Market Survey, June 2025
[9] According to data sourced from Rightmove, reflecting the Stockport property market from 30/05/25 – 03/07/25. The postcodes included are SK6 1-3 / SK1 2/ SK5 8 / SK14 5 / SK3 0 /SK3 8-9 / SK1 1 / SK1 3
*Although Levenshulme is a borough of Greater Manchester, its proximity and links to Stockport mean that it often falls under the Stockport property market umbrella.
The views in this article are opinions only and do not constitute financial advice.
Written by Molly Booth
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