Author: Ben Foster

How many cars per household?

The profile of car ownership is a great signal of the practical needs of residents in a local market. Most households have a car, but the number owned varies enormously based on the type of area. For example if you live in a one bedroom flat in a city you’re much less likely to own a car than if you live in a commuter suburb.

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Prices in last few months (flat vs house)

We wanted to take a look at how overall average prices of flats and houses have changed in the last eight months. This is quite a short time frame so there’s a fair bit of volatility from month to month but the story it tells is an interesting one nonetheless.

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Quarterly index of sales by house type

This chart has indexed the levels of transactions for flats and houses over the last eight quarters. That means it takes the actual level of sales at the start of the period and converts them to 100, and then you can see the relative changes running up to the present. It should be noted that the smaller the number of properties, the more extreme the volatility.

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Statistics show more good news ahead for Didsbury

The British press is being so hysterical about the UK property market at the moment, you’d be forgiven for thinking we were back in 2008 again, staring down the barrel of another credit crunch. This couldn’t be further from the truth. Week after week, more statistics come out revealing how buoyant the market is at the moment. Here are just three of the reasons why homeowners in Didsbury should be grinning.

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tapas anyone?

You know how it is, you wait for a new Tapas restaurant to open in the village, then suddenly 2 pop up virtually at the same time!

Tony Barrow has opened his first restaurant ‘Nueve’ just along from Axons on Barlow Moor Road, serving ‘Authentic Spanish Tapas using the best of Spanish and Local Produce’, whilst just around the corner ‘La Cantina’ has just opened their doors on Wilmslow Road following the success of the Heaton Moor version which has proved very popular having taken over the bar area of Damson. Both appear big on the Gin selection and the initial feedback is great, so we wish them both every success in their new ventures…

‘Nueve’ opened by Tony Barrow is his first restaurant after 19 years in hospitality. His inspiration is trying to take the standards and quality from his experience in larger corporate restaurants and pairing it with the relaxed feel of the neighbourhood bars he loves in Moraira, experienced whilst working in Spain.

It’s been a long process to get the building ready. The place started off as a burnt out chip shop and had been abandoned for years; they’ve had to strip it right back and then start to put their own touches to the place.

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christmas tree recycling in didsbury

Taking place for the first time in M20, ‘JustHelping’ a UK registered Charity are supporting St Ann’s Hospice and other local charities by organising a Tree Recycling scheme.
This year you can forget those queues at the tip and avoid the pine needles in the car by registering for your tree to be collected on either Saturday 7th January or Sunday 8th January and making a voluntary donation to help raise money for people in need.
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pinchjo’s fundraising event on xmas eve

It’s been difficult not to be moved by the News coming out of Syria, and whilst we’re all busy at Christmas, sometimes we need to take note of other peoples suffering even if the powers that be don’t appear to be doing so.  So, on Christmas Eve, Ponchjo’s in West Didsbury from 2pm are serving food – £10pp – and all food proceeds will go directly to Medecins Sans Frontieries.  If you can’t attend, please think about donating – details of how to book and donate are on the website.

http://www.pinchjos.co.uk/

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it’s official – letting agents save landlords an average £1,910 per year

A new survey suggests that a letting agent saves a landlord an estimated £1,910 a year.

The result of an investigation into 500 landlords by insurance firm Endsleigh suggests that there are widespread misconceptions among landlords about the value for money offered by letting agents.

Of those landlords suggesting that they could save money by not using agents, the average sum ‘saved’ on fees was £159 per month. However, a new survey suggests that a letting agent saves a landlord an estimated £1,910 a year.

The result of an investigation into 500 landlords by insurance firm Endsleigh suggests that there are widespread misconceptions among landlords about the value for money offered by letting agents.

Of those landlords suggesting that they could save money by not using agents, the average sum ‘saved’ on fees was £159 per month.

However, comparative analysis of the rental income and void periods for those landlords with, and those without, agents suggested that in fact agents saved their clients an average of almost £2,000 each.

Most of the savings for landlords are created by agents minimising void periods when compared to landlords who go it alone marketing their property.

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sales in M20 by quarters

It is the time of year when we can reflect on how the last four quarters have performed. The adjacent chart splits the total number of sales for all property types into quarters. Not surprisingly, last quarter of 2015 was the strongest quarter with 276 sales (35.8%) in M20. The first quarter of 2016 saw 255 sales, which equates to 33.0%.

 

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