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ECCLES HAS THIRD HIGHEST HOUSE PRICE GROWTH IN GREATER MANCHESTER
 

Star date: 26th June 2019

ECCLES, CHEETHAM HILL AND URMSTON NAMED AS HOUSING LOCATIONS WITH 'MOST POTENTIAL'

Eccles has been named alongside Cheetham Hill and Urmston as locations with the 'most potential' in Greater Manchester, with the third highest house price growth, at 3.75% year on year.

The 'property hotspot' is said to be spurred 'by the rise of Salford' according to estate agent, Indlu, which adds that the town is, "arguably, more interesting".

Full details here...


According to estate agent, Indlu, Eccles is a 'property hotspot' in Greater Manchester 'sub-markets', alongside Cheetham Hill and Urmston...

"Eccles has long been considered a decent and affordable commuter base for people working in Manchester city centre, but it's the rise and rise of Salford which has spurred the growth in the Eccles housing market – 3.57% year on year" states the company.

"This is the third-highest house-price growth in Manchester and, interestingly, is shared with Salford itself, which is a strong indicator that Salford still has plenty of room to grow" it adds "The reason why Eccles is, arguably, more interesting, is because Salford's property market has now been growing for some time and therefore on a like-for-like basis, prices are likely to be higher."

Two big planning applications have recently been approved in Eccles; a 23 storey block of 272 flats on Church Street (see here) and for 82 apartments within the former Grade II listed Crown Theatre (see here).

Indlu adds that another attraction of Eccles is that it's on the Metrolink "which also goes to MediaCityUK and Salford Quays on its way to the Cornbrook..."

The biggest house price growth was in Cheetham Hill at 4.75% year on year, and Urmston's growth was 3.47% year on year. While Radcliffe only has moderate house-price growth, "its future prospects look very strong" states the company.


Update: 27th June..

Another 'Landmark Apartment Block For Eccles Town Centre - click here

Kev wrote
at 08:26:43 on 01 July 2019
The council missed a trick when they renovated the blocks of flats in Pendleton. They should have moved the residents out to other areas, demolished the flats and sold the land, so close to Manchester it must be worth a fortune. Or is that why they bodged the renovations, so they can eventually say they're unsafe and get everyone out?
?
Arnold Rimmer wrote
at 17:16:48 on 27 June 2019
The parallel dimension traveller, Bob the regular, has returned. When was the last time the council built a house? They usually pay private construction companies to build them so if the quality is bad, then the problem is actually that the council DIDN'T build them. The quality would have been better had they built them themselves.
?
bob the regular wrote
at 04:54:25 on 27 June 2019
Look, as soon as we get it into our stupid heads that houses are just a big box to live in,and not a glorified ponzi investment scheme, then we will have made the first step on solving the housing problem. Just ask yourself this question, why do house prices in Japan and other countries go down each year when ours go up. A modern house only lasts about 100 years or 30 years if it has been built by salford council. This is one thing Salford council get right .When they build a few houses they are worth millions on the day the council build them. After a short period of time, they are worth fuck all, and the council have to pay good money to get them knocked down.
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