The demand for family homes - including two and three-bedroom houses - has ‘skyrocketed’ following the return of children to school post-lockdown.
Buyer demand for family homes across Greater Manchester has risen sharply since pupils returned to the classroom in March, with parents having more time to research, according to property search site Zoopla.
The increase in demand was further amplified by the announcement of the extension of the stamp duty holiday to the end of September; the rapid progress of the vaccine roll-out; and the ‘pandemic-led’ search for bigger spaces after thousands were grounded at home.
“Since the schools reopened, we’ve seen a surge in demand for family homes in Manchester and nearby towns,” says Stuart Matthews, managing director of Manchester-based estate agency Miller Metcalfe.
“Parents are grabbing the opportunities presented by the lifting of lockdown restrictions to seek more space.
“Manchester is a fantastic place for families to live with its bustling, metropolitan city centre and leafy suburbs, and we’re expecting demand to keep rising as we head towards the end of the stamp duty holiday in September.”
The 'most wanted homes' across Greater Manchester on Zoopla's site have now been revealed - as well as details of the huge spike in searches for homes in certain boroughs:
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Demand for two and three bedroom homes in Manchester has risen by 45 per cent in the last eight weeks, says Zoopla with an average price £198,000.
This represents an increase on Manchester’s average property price.
In April, the Zoopla's Property Prince Index revealed that the average house price in Manchester was £185,800, with prices rising by 6.5 per cent in the last 12 months.
The data also showed prices in Manchester have increased cumulatively by 31.5 per cent in the past five years.
Family homes currently for sale in Manchester include a spacious four-bed semi-detached house on Abberton Road (£550,000) and a stunning three-bed semi-detached house on Cresswell Grove (£500,000).
Demand for two and three bedroom-homes in Bolton has risen by 26 per cent in the last eight weeks, with an average price £153,000.
This represents an increase on Bolton’s average property price, says Zoopla. As of April, the average house price in Bolton was £141,000, with prices rising by 7.3 per cent in the last 12 months.
The data also showed prices in Bolton have increased cumulatively by 23.3 per cent in the past five years.
Bolton’s average house price is significantly lower than in homes in Manchester. The average house price in Greater Manchester is now £185,800, with prices rising by 6.5 per cent in the last 12 months.
Because of its proximity to Manchester, Bolton is an attractive area for property hunters who work in the city but want more affordable housing while still having easy access to work.
Bolton’s booming property market has also seen a 46 per cent rise in demand for four and five-bedroom homes since March, which have an average asking price of £307,000.
Family homes currently for sale in Bolton include a beautiful three-bed house on Tetbury Drive (£250,00), situated just a 13 minute drive from The Oaks Primary School.
Demand for family properties in Oldham mirrors that seen in Manchester. Oldham has seen a 42 per cent increase in popularity of two and three bedroom homes since March, which have a current average asking price of £159,000, says the property search site.
Family homes currently for sale in Oldham include a three-bed semi-detached house on Bullcote Lane (£239,995) , situated on the edge of Heyside Park, and a spacious three-bed end terrace house on Keswick Avenue (£145,000).
Property hunters in Oldham have also driven up demand for four and five-bedroom homes in the town. The return of the schools has sparked a 22 per cent increase in demand for larger family homes, with an average value of £292,000.
In Stockport, demand for family homes has risen steadily in the last eight weeks, up 31 per cent for two and three-bedroom properties and increasing by nine per cent for four and five bedroom homes.
Two and three-bedroom homes in Stockport currently have an average price of £256,000, while the larger properties have an average price of £459,000.
Family homes currently for sale in Stockport include a modern four-bed terraced house on Osborne Road (£280,000).
The search for family homes is also soaring in Trafford, according to Zoopla.
Demand for two and three bedroom homes has climbed by 48 per cent since the schools returned, with the average price for two and three bedroom properties currently reaching £333,000.
Family homes currently for sale in Trafford include a spacious four-bed semi-detached house in Mandarin Green, Altrincham (£400,000) which is located less than a 15 minute drive from both Altrincham Grammar School for Girls and Altrincham Grammar School for Boys. The schools topped the list of best state schools in the North West in 2020.
Trafford’s booming property market has also seen a 55 per cent rise in demand for four and five bedroom homes since March, which have an average asking price of £544,000.
"Perfectly placed for parents working in Manchester and across the North West, Trafford’s proximity to excellent schools makes it a great choice for those experiencing a return to normality following the relaxation of lockdown restrictions," says the property tool.
Demand for two and three-bedroom homes in Wigan has risen by 38 per cent in the last eight weeks, with an average price of £152,000. This represents an increase on Wigan’s average property price, as revealed by Zoopla’s House Price Index.
In April, the index was showing that the average house price in Wigan is now £134,800, with prices rising by 6.3 per cent in the last 12 months. The data also showed prices in Wigan have increased cumulatively by 21.8% in the past five years.
Wigan was also recently named by Zoopla as the fastest moving market in England and Wales, with properties taking an average of just 26 days from being listed to sold subject to contract.
Family homes currently for sale in Wigan include a beautifully-presented three-bed cottage on Church Street (£150,000) located a one minute drive from the Ofsted outstanding-rated Westfield Community School.
Wigan’s booming property market has also seen a rise in demand for four and five-bedroom homes since March, which have an average asking price of £273,000.
Gráinne Gilmore, Head of Research at Zoopla, added: “As lockdown restrictions continue to ease and demand for outdoor space continues at pace, homeowners in Manchester have a golden opportunity to move to a new property before the stamp duty holiday ends in September.
“The spike in demand also puts sellers of family houses in the county in a great position if they put their home on the market."