Newton-le-Willows & Haydock April property Market Update
In this 2 minute read, we take a look over the local property market and give you an insight into how property is performing in the Haydock and Newton area.
With the Bank of England base rate rising and the cost of living really taking effect in everyone’s day to day life, we are going to take a look at what effects this has had on the local property market in Newton-le-Willows over the first quarter of 2023.
With the above in mind, you would think the property market has grounded to a halt but this is not the case. We have seen a steady growth so far this year with new buyers registering and sellers coming to market.
Property prices have not seen the explosive growth that we have seen for the last two years but we have seen a modest 1% growth since the beginning of the year, which shows that the property market is very stable at the moment.
Spring tends to be the most popular time of the year to sell your home and its no surprise with brighter days ahead and gardens blooming it’s a great time to show off your property. We expect the usual busy Spring period as valuations have significantly increased already as well as buyers looking for their new home.
Despite the base rate moving up to 4.25% mortgage rates have stayed stable and are even coming down slightly still showing the banks have confidence in the market.
If you are thinking of buying or selling in Spring, give our team a call or scan the QR and register your details to see new homes coming to the market a week before they go to Rightmove.
You can call us on 01925 290290
There are lots of new properties due to come to the market over the Christmas period, now would be a great time to sign up to our heads up property alerts allowing you to see any new home that come to the market 1week before it goes to Rightmove. CLICK HERE to sign up
