marple and marple bridge property blog

(covering marple, marple bridge, mellor and compstall)

santa dash

Red hats and fluffy white beards at the ready…This year’s Santa Dash will be taking place on Sunday 4th December.

The fun run is organised by Romiley & Marple Lions and will be raising funds for Kidney Research UK.

The run will begin at Marple Memorial Park where you will be provided with a Santa suit. The run will be around 2 miles long, finishing at Marple Garden centre where free refreshments will be provided. All runners will also get a free ride on the miniature railway and presents will be given out to the mini Santas.

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sales remain steady in sk6

The changes in stamp duty and the Brexit vote have made the last 12 months an interesting one. There have been a total of 1,210 sales and we can see that volumes have increased by 13.9% since September 2015.

 

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patterns in price bands emerging in sk6

Over the last year, every property that was sold in SK6 has fallen into one of seven price bands. The adjacent bar chart illustrates this interesting pattern which shows that the £100k-£200k price band had the largest number of sales (472), followed by the £200k-£300k price band (251).

 

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local wealth bands in sk6

In SK6 the majority of households are classified as “more comfortable” (32.3% of all households). The next biggest wealth band is “wealthy” (27.5% of all households).

 

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property prices in sk6 have risen by 168% since 2000

You would be forgiven for thinking that Nobel Prize winner Bob Dylan was talking about the UK property market when he sang, “the times, they are a changin'”. As agents in SK6, we have seen it all in the property market. But one overarching fact is the rise of local property prices, which have seen a significant increase of 168% since 2000.

Figures show that moving up the property ladder, or getting on it in the first place, is not that easy. However, there are certain choices you can take to make the process much smoother, particularly if you listen to advice from a good agent. The young person’s dream of owning their own property is still very much within reach.

Compromise is key; sometimes it is a good idea to take stock and really think about what it is that you want from a property. SK6 is popular with homeowners and tenants, which indicates that location is still the number one factor for people moving home. Yet in our experience, some people are willing to look further afield to find a cheaper, more suitable property.

If you are already on the property ladder, moving up it is not as arduous as many initially think. Increasing house prices can actually benefit homeowners like you, assuming that you have paid off a fair amount of your mortgage. Average property prices in SK6 are now worth £229,600, which means if you bought the property 10 years ago, it would have increased by an impressive £42,300.

Some of you will be tenants who are not yet on the property ladder, but don’t worry as there is still hope. Mortgage lenders have started to loosen their purse strings, with many of them offering up to 95% mortgages. The government also offer several schemes making it easier for first-time buyers to purchase a home, including Right to Buy, shared ownership and the Help To Buy ISA.

average-marple

Landlords have reasons to be cheerful, with an element of younger people in SK6 choosing to rent rather than buy. There are certainly benefits to renting, including the ability to simply call the landlord if there are any issues around your rental home, allowing you to save on large repair costs. The lifestyle of a renter also provides flexibility, which is very important to some people.

It is harder for young people to save for a deposit in an age where Apple launch a brand new product every six months, or the latest HDTV is readily available. Renting is a choice, and we are developing a mindset more akin to the Europeans with regards to it. In fact, the fascinating figures show the percentage of households privately rented in SK6 have risen from 4.3% in 2001 to 7.4%, according to the last census.

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bonfire night – brabyns park

Marple Scouts & Guides are holding their annual Bonfire & Firework display in Brabyns Park.

It was an amazing night last year and is sure to be great again this year.

Get all the details below

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comedy night at marple cricket club

If you’re wanting some pre ‘Halloween’ laughs then get down to Marple Cricket Club on Friday 28th. Doors open at 6pm show starts at 8pm, tickets are £10.

Three great acts – click below to get all the info!

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how big are our homes?

Each area in the UK varies dramatically according to the average size of properties, as measured by the number of bedrooms. In SK6 the mix is shown in the infographic above.

 

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halloween events

Well make sure you have your costume ready so you are dressed to impress at any one of these great events.

Take your pick of a spooky night in the park, a monster run or sipping blood cocktails at a masquerade party.

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market liquidity

The volume of sales in a given area is a powerful measure of the vitality of local housing markets. In the last two years there have been 1,845 sales in SK6. Semis accounted for the largest number of sales (742), followed by detached properties (490), then terraces (474) and flats accounted for the fewest sales (139).

 

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