Levenshulme Property News

  • Stepping into spring

    TomS - Head Tom Simper Apr 12, 2021, 11:15 AM
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    As we enter spring, the average UK house price is £232,134, up 6% on March 2020. Transactions are 49% higher than last year, reflecting a surge in sales agreed in summer and the rush to beat the SDLT holiday.

    House price growth in March slowed ...

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  • Dataloft Demand Index: Buyer demand increase

    TomS - Head Tom Simper Mar 23, 2021, 10:30 AM
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    The Dataloft Demand Index shows a 36% increase in housing market demand since the start of 2021 with the traditional Spring market set to be busier than ever.

    Demand rose 13% between February and March, with Rightmove reporting sales in the first week of March ...

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  • Highest level of sales in January in 14 years

    TomS - Head Tom Simper Mar 6, 2021, 12:00 PM
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    An estimated 121,640 transactions completed in January, the highest January total since 2007 and a 24.1% increase on 2020, as the surge in property sales continues.

    Excluding 2020, current monthly sales volumes are 21% above the 5-year and 32% above the 10-year average, with predictions ...

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  • Increase in housing market demand since the start of 2021

    TomS - Head Tom Simper Feb 22, 2021, 15:00 PM
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    The Dataloft Demand Index shows a 21% increase in housing market demand since the start of 2021. More people than ever are using the new year as a chance to think about moving house.

    According to Rightmove, the number of prospective buyers contacting agents in ...

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  • First-time buyer mortgages

    TomS - Head Tom Simper Feb 10, 2021, 12:00 PM
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    First-time buyer purchases fell by -13% in 2020, the result of a closed housing market in spring and stricter mortgage lending. First-time buyer transactions recovered in the second half of the year, down just -2% on the same period in 2019.

    The average price paid ...

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  • Vitamin Sea

    TomS - Head Tom Simper Jan 25, 2021, 11:30 AM
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    Research shows that homes listed as having a coveted sea view command a premium of 31% across Great Britain.

    The average asking price of homes with a sea view is £368,278 compared to £282,218 for those without.

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    Demand for homes with a sea view increased ...

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  • Levenshulme Property Prediction 2021

    TomS - Head Tom Simper Jan 11, 2021, 10:20 AM


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    One of the things I always love about this time of the year is the property market predictions for 2021.

    The leading commentators bring out their crystal balls and consult their tea leaves. Normally they are quite accurate, although I don’t think any of them ...

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  • Volunteering: Manchester's Covid-19 Vaccination Programme

    David1 - Head (2) (2) David Boyd Jan 6, 2021, 14:50 PM
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    A Covid vaccination centre is being opened up at the Jain Centre, Leedale St, M12 5SH next week for all patients from the 7 GP practices in Gorton and Levenshulme.
    The centre will need volunteers to help direct patients into the premises. Shift patterns include ...
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  • House price growth pushed to the highest level in 4 years

    TomS - Head Tom Simper Dec 24, 2020, 10:30 AM
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    The latest ONS data shows that UK house prices have increased by 5.4% to £245,443 in the year to October 2020. The surge in sales agreed over summer has pushed house price growth to the highest level in 4 years.

    House prices in the East ...

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  • Dataloft Days of Christmas - Day 6

    TomS - Head Tom Simper Dec 18, 2020, 12:30 PM
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    Three quarters of UK pet owners treat their pets to a Christmas present, on average spending £25. With 51 million pets in the UK, the total spend could be as high as £956 million, the cost of 3,911 houses in the UK. Source: Dataloft, Cox ...

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  • Dataloft Days of Christmas - Day 2

    TomS - Head Tom Simper Dec 4, 2020, 10:00 AM
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    On average the UK public spend £382 on Christmas presents, this is almost equal to two weeks’ rent (£387) in England and Wales, excluding London.


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  • Sales head up while sale time heads down

    TomS - Head Tom Simper Nov 24, 2020, 11:00 AM
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    Demand levels and sales activity remain buoyant in the UK housing market. Rightmove report agreed sales were up 50% in October, with properties selling (sold SSTC), in just 49 days, 15 days faster than a year ago.

    Buyer demand across England was 49% higher year-on-year ...

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  • Reasons for renting

    TomS - Head Tom Simper Nov 12, 2020, 10:30 AM
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    According to The Property Academy Tenant Survey 2020, just over half of tenants rent because they can’t afford to buy and almost half rent to suit their lifestyle.

    Stepping onto the property ladder is hard and Covid-19 has added to this with stricter lending criteria. ...

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  • Spooky street names

    TomS - Head Tom Simper Oct 31, 2020, 11:30 AM
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    It's Halloween this week and we are all in need of something to lift our spirits. Dataloft have identified the top 20 spookiest street name, from Wizard Way to Headless Close.

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    There have been 3,550 house sales at the top 20 spookiest road names since ...

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  • Priorities change for renters

    TomS - Head Tom Simper Oct 19, 2020, 11:00 AM

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    Priorities have changed for over a quarter of tenants following the pandemic, according to The Property Academy Tenant Survey 2020.

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    The Survey, based on 14,000 tenants, found that over two thirds of tenants said affordability (68%) and a garden (67%) had become more important than ...

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  • Stamp duty holiday deadline

    TomS - Head Tom Simper Oct 7, 2020, 15:00 PM
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    With just under 26 weeks of the stamp duty holiday left, even with homes selling 31% faster than before lockdown, sellers only have 10 weeks to list their properties if they want to complete in time.

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    According to The Advisory, the average time to sell ...

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  • Post-lockdown mini boom pushes house price growth to highest level in over two years

    TomS - Head Tom Simper Sep 25, 2020, 10:00 AM
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    The latest ONS data shows that UK house prices have increased by 3.4% to £237,834 in the year to June 2020. The mini post lockdown boom pushes house price growth to the highest level since March 2018.

    House prices in East Midlands saw the largest ...

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  • Which buyers are causing the spike in housing market activity?

    TomS - Head Tom Simper Sep 14, 2020, 09:15 AM

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    July's mortgage data confirms a spike in housing market activity. Mortgage approvals are almost back to 'normal' levels, however newly agreed sales are much higher, suggesting a surge in cash buyers.

    66,281 mortgages were approved in July, -0.9% annual decrease. 70,700 sales completed in July, ...

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  • South facing gardens sell faster and for a premium

    TomS - Head Tom Simper Aug 31, 2020, 09:30 AM

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    A recent study revealed that homes with a south facing garden achieve a 7% asking price premium and on average sell 2 days faster.


    Three and four bed properties with south facing gardens were compared to non-south facing properties, for asking price and time to ...

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  • Stamp duty holiday deadline update

    TomS - Head Tom Simper Aug 19, 2020, 17:30 PM

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    With just over 32 weeks of the stamp duty holiday left, and with the average property taking 18 weeks to sell, vendors have 14 weeks to list their properties if they want to make the most of the stamp duty holiday.


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    According to The Advisory, ...

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About The Blog

This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area. 

Tom Simper - Editor

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