Blackley Property Market And Rental Information
At Brentwood Lettings, we take great pride in knowing about the local rental and housing market. We believe that knowing about all the aspects of the property market makes it easier to make an informed decision, but this is where we are here to help you.
We know staying in touch with house prices, rental fees and changes in the market is a full-time job. You have more important things to be doing with your time.
Why not let us stay in touch with the market for you, and you can concentrate on other matters. We will ensure you make an informed decision at all times.
How is the Blackley housing market performing?
According to Rightmove as of August 2021, Blackley house prices are as follows;
“Properties in Blackley had an overall average price of £153,238 over the last year.
The majority of sales in Blackley during the last year were semi-detached properties, selling for an average price of £157,033. Terraced properties sold for an average of £135,403, with detached properties fetching £233,045.
Overall, sold prices in Blackley over the last year were 14% up on the previous year and 16% up on the 2018 peak of £131,591.”
How have asking prices in Blackley changed in the past year?
Between August 2020 and August 2021, according to the home.co.uk website, the following changes in asking prices have occurred in the M9 postcode area:
Detached properties – A rise of 27%, moving from £228,997 to £290,000
Semi-detached properties – A rise of 20%, moving from £165,734 to £198,974
Terraced properties – A rise of 30%, moving from £112,134 to £145,455
Flats – A fall of 9%, moving from £87,505 to £79,308
Overall, asking prices have risen by 9% in the M9 postcode area in the past 12 months, moving from £146,069 to £158,833.
The average property rent in the M9 postcode is £699 per calendar month (pcm).
In the M9 postcode area, the average rent per property type is as follows:
One-bedroom property carries an average rent of £375 pcm
Two-bedroom properties carry an average rent of £625 pcm
Three-bedroom properties carry an average rent of £914 pcm
Four-bedroom properties carry an average rent of £1,127 pcm
Of course, these are just the average rental fees, and it is possible for landlords to achieve a better return on their investment. We are pleased to say that as local letting sector specialists, we know what tenants are looking for, and we help landlords and tenants connect.
If you are keen to connect with prospective tenants while taking the stress out of managing rental property, we are here to assist you as best we can, so please get in touch.
Brentwood Lettings can call on more than 15 years’ worth of experience in the Moston and surrounding areas letting sector. We are a non-franchise and independent lettings and property management agency in Manchester, and we are here to serve you. To arrange an appointment, a rental property valuation or to discuss your options, give us a call on 0161 681 3724.