Your Urmston House

Could your Urmston house be worth more than you think?

Last week, I was discussing the various parts of Urmston to a buyer from Oldham, who was having to move to our part of the world in Urmston for his new job in Warrington. He asked me how the housing market was doing in Urmston. I did some research, which we both found very interesting, and I wanted to share with you.

The average value of property in Urmston has risen by 2.6% in the last 12 months, taking the average value of a property from £182,800 to £187,700, an impressive rise of £408 per month during the 2013!

Even more impressive is that whilst there are around 550 properties on the market in Urmston, 265 of those are sold subject to contract, meaning 47% of the properties on the market today in Urmston have a buyer. Even more impressive when in Oldham, where our man comes from, only 21% of the properties are sold subject to contract.

The reason he and his wife chose Urmston was for the schools and they recognised the huge investment in the Eden Square shopping area. One thing he was worried about was the saleability of the house he bought. I pride myself on keeping tabs on all Urmston housing market and have records going back as far as the mid 1990’s. My investigations showed that, since 1995, the roads in Urmston which had sold the most were these:

• Flixton Road, with 371 properties on it, since 1995, there have been 238 properties sold and changed hands
• Moorside Road, with 289 properties has had 202 properties change hands
• Church Road has seen 198 house moves of its 274 properties
• Firwood Avenue 139 properties have sold 164 times
• Stretford Road 359 properties, 151 have been bought and sold in the last 19 years
• Canterbury Road 209 properties, have seen 143 new owners, again all the same time period

Demand remains good for Urmston property and the buyer was particularly impressed when I told him that whilst it is true that prices in neighbouring Stretford have also risen by 3.6% in the last 12 months, one must always consider property ownership as a long term investment.

Therefore, if you are considering selling your property in the near future, I am always happy to give you my considered opinion on how to get the best price possible in this market. Feel free to pop into our offices on Flixton Road in Urmston or pick up the phone for a free valuation.

You might be surprised just how much your own property is worth in today’s market

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