With Christmas and the New Year fast approaching, we decided that it was a good time to take a look at the property market in Marple and think about how Edward Mellor has performed in recent months.
Not ones to sit on our laurels, we’re determined to continue to serve our clients and strive for an even better month for December, as we head into the ‘Christmas Rush’.
Currently, Marple’s property market is seeing an increased demand for properties within the £300-£400k range. These homes tend to be semi-detached or detached family homes with three to four bedrooms.
Additionally, we are seeing a spike in potential buyers seeking homes in the £500k plus range as a result of families upsizing after initially buying a £300k property.
However, total property sales in Marple over the past three months have been valued at £17.7m, with 7% of these sales involving flats**. The majority of apartments available within Marple are communal retirement properties. These are popular due to the region’s high population of over 65s. Making up 27.1% of households**, this demographic benefits from Marple’s convenient local amenities, such as independent shops, cafes, restaurants, the Peak Forest Canal and a local cinema.
Overall, this month has seen Marple continue its usual buyer trends by catering mainly to families and those seeking retirement properties.
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 Marple branch for more information. Either call us on: 0161 826 4923 or email [email protected] to speak to a member of our experienced team.
The average sale price for properties in Edgeley over the past 12 months is £351.674, which is a 1% decrease in annual sales prices and a 22% rise in sales prices over the past 5 years**.
From the 1st of October to the 27th of November, we had a 17.1% market share of sales in Marple with 13 completed properties*. The majority of these were family homes and they sold for asking price, showing just how desirable Marple is for buyers looking to find a home for the long term.
One of the greatest success stories from the last few months is the sale of a three-bedroom period semi-detached property located in central Marple. It sold within one week of listing after receiving two offers over the asking price.
Neither of the property’s potential buyers lived locally, emphasising just how desirable Marple is to families. The demand for family homes in the range of £300-£400k is high due to the area’s convenient amenities, transport links into Manchester and reputable schools, such as Marple Hall High.
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.
*All of the data used in this article has been sourced from Rightmove and reflects the Marple property market from 01/10/24 – 27/11/24. The postcodes included are SK6 5-7
**dataloft, Marple property sales overview, accessed December 2024
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