With the festive period behind us, it’s time to reflect on the Stockton Heath property market and evaluate Edward Mellor’s performance this December. As we head into the new year, we are dedicated to providing expert and reliable services to our clients.
Let’s take a look at how we ended yet another successful year!
The market in and around Stockton Heath is fairly robust due to the popularity of the area. The region’s convenient motorway network and proximity to Manchester and Liverpool make it a highly sought-after location for families, with people commuting into the larger cities for work.
There remains a strong level of activity through all price ranges, particularly with first-time buyers. Homes which appeal to them are selling fast, such as two-bedroom terraced properties. The sale of these types of properties is having a knock-on effect in the subsequent price ranges with more traditional semi-detached and detached family homes between £400k-£500k generating high levels of interest.
Total property sales in Stockton Heath over the past three months have been valued at £33.9m, with 87% 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.
During the festive period we had seen the volumes of enquiries taper off slightly, however, we have seen an improvement is the quality of enquiry that we do receive. The Christmas period is a busy time for many, therefore those who are trying to sell are very engaged, focused and committed to the process.
This month, there were 34 new instructions in Stockton Heath and 49 sales completed. Currently, demand is higher than supply making it a sellers’ market and therefore a fantastic time to list a property.
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 Stockton Heath branch for more information. Either call us on: 01925 399643 or email [email protected] to speak to a member of our experienced team.
The average sale price for properties in Stockton Heath over the past 12 months is £326.781, which is a 3% increase in annual sales prices and a 24% rise in sales prices over the past 5 years**.
Despite rising house prices during 2024, vendors are finding that they need to extend a degree of flexibility in their asking prices to secure a sale. Similarly to November, lenders are exercising more caution and we are seeing that prices are being reduced more frequently by surveyors again this month. Therefore, there’s even more emphasis on identifying the ‘right buyer’. Our fantastic Stockton Heath team take a very active part in ensuring that the property is priced correctly and that the right buyer is found to achieve a desirable outcome for the vendor. We have experts on hand ready to guide you through each stage of the buying and selling process!
We have a plethora of exciting success stories this month, including the sale of an immaculate three-bedroom semi-detached property on East Avenue in Warrington. The vendors came to us in September and wanted the sale completed by Christmas.
To achieve this, our expert team used an off-market approach, marketing the property to our bank of hot buyers. This resulted in a fast and successful completion without even having to go on the open market. Overall, the process only took twelve weeks and met the vendor’s goal of being sold by Christmas.
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 Edgeley property market from 01/12/24 – 31/12/24. The postcodes included are WA4 2-6.
**dataloft, Stockton Heath property sales overview, accessed December 2024
