The summer months have drawn to a close and the nights are getting darker, but this hasn’t slowed things down one bit for Philip James Wilson. The market-leading estate agent – according to the latest Rightmove statistics – has experienced a very buoyant property market over the summer.
“This has been our busiest year ever within M34 with price rising and demand outstripping supply,” explained sales manager Franca Carbone.
“Almost 50 per cent of all properties listed with PJW in the last 12 months have been sold within four weeks of going to the market. And a whopping 78 per cent were sold within eight weeks.
“Sellers in particular are delighted as we have achieved, on average, 98 per cent of asking price, with many being sold at asking price or over.
“This year we have been particularly busy in the Audenshaw area with a high demand largely due to the catchment area for the popular local schools and proximity to the M60 motorway network. “In fact, both Audenshaw and Droylsden have become increasingly popular with commuters since the installation of the tram network, which has trams into Piccadilly every 12 minutes.”
PRICES ON THE RISE
The ever-popular Dane Bank area, in Denton, has also seen some significant rises in prices over the last 12 months. As with many of the local areas, it is popular for its schools and the great amenities it provides for growing families.
“This is a highly sought after area and due to level of demand I literally have a waiting list of people waiting for properties to come on the market,” added Franca.
“Demand in the area has been so high that it is not uncommon in some cases to achieve multiple offers on the same property and some buyers willing to offer as much as £20,000 more than the asking price to secure the property. Many properties sell within less than 24 hours of going on the market.
PICK AN AGENT THAT KNOWS THE MARKET
“In such a fast-paced market it is important to market your home with an agent that knows the market well and is experienced in your area, in order to achieve the best possible price.
“At Philip James Wilson, we have achieved more sales than any other agent over the last 12 months, which means we provide accurate valuations and have a very healthy database of clients looking for properties in the area.”
Take a look at some of the momentous properties sold this year
HIGH BANK, DANE BANK
This stunning property is one of Dane Bank’s hidden treasures and dates back to the 19th Century. With more than 2,400 sq. ft. of accommodation space – set in some seriously impressive gardens – it’s no surprise that this charming property sold for £330,000.
ALMA HOUSE, HAUGHTON GREEN ROAD
Alma House is a fantastic four bedroom, semi-detached period property sitting in the Haughton Green area of Denton. Just one minute’s walk away from Haughton Dale Nature Reserve and Peak Forest Canal, the property’s new owners – who bought the property for £290,000 – will be able to enjoy sunny summer walks in the nature reserve.
LUMB LANE, AUDENSHAW
This substantial four-bedroom, semi-detached property boasts a great canal-side location. It sold for £300,000 after receiving multiple offers.
WROXHAM AVENUE, DANE BANK
Another great property in Dane Bank is this four-bedroom, semi detached property, which sits on one of the most highly desirable cul-de-sacs off Cambridge Drive. Thanks to its beautiful presentation throughout, the house sold for £275,500 after receiving multiple offers.
For more information visit philipjames.co.uk. To book a free valuation or find out more about Philip James Wilson’s service call 0161 431 5556 or contact Franca Carbone direct on 07867 904 042.Return to blog Overview