The search for space & hybrid working changes the buying landscape...
Over half of the £1m+ sales took place outside of the capital
Did you know?
- Nearly 20,000 sales have taken place over the past year priced at £1 million or more.
- Over half of these sales have been outside of the capital, compared to just 41% back in 2018/19.
- High value areas in desirable locations have seen high levels of activity.
- The search for space and new hybrid working patterns are changing the property landscape.
- 64 areas outside of the capital have seen 50 or more sales at £1m+ over the past year, this compares to just 44 in 2018/19.
- A £1m+ property outside of the capital is on average 1,000 square foot larger.
- The majority of sales (87%) were detached houses.
- Across the capital 2/3rds of sales are either apartments or terraced property.
Up North...
In the North West the average size of a property which sold for £1m or more was 3,816 square foot...
For reference, the average size of a 1960's semi detached home on a typical housing development is around 900 to 1,000 square foot.
Bramhall and Cheadle Hulme has seen one of it's record years for sales of million pound plus homes.
The largest home we (Snapes) have sold in Bramhall measured an impressive 7,700 square foot on Broadway in Bramhall. (Sold by Snapes in Bramhall)
A close second was the sale of a 7,000+ square foot home in Poynton (Sold by Snapes in Poynton) which came with 2 acres of gardens.
Whatever the size of your home, or price it may be worth, we have over 30 years experience of selling property in Bramhall, Cheadle Hulme and surrounding areas.
If you are thinking of moving, feel free to contact us using the details below, or click here to request a valuation.
Snapes in Bramhall 0161 440 8700 or email bramhall@snapes.co.uk
Snapes in Cheadle Hulme 0161 485 2244 or email cheadlehulme@snapes.co.uk
Source: Dataloft, Land Registry, sales in England and Wales year to end September 2021