Cheadle is on the up! With house prices rising a staggering 10% in the last year alone, demand for property in this area is leaving many neighbouring areas in the shade. With a 4% uplift in the sale of properties in the £500,000 to £750,000 price bracket, more prime properties are being sold in the area than ever before. New home sales are also on the rise in the area with a 4% increase since last year.
These price increases have been fuelled by a number of factors, not least the considerable business developments and employment opportunities in the area. The new Amazon distribution centre in Wythenshawe and the £1 billion airport expansion plans are just a few of the projects currently underway.
This investment is great news for Cheadle and its surrounding villages and more and more individuals are looking to settle in the area. Along with young families who wish to send their children to the area’s outstanding schools, the village is proving popular with commuters looking for fresh employment opportunities.
Property developers have recognised an opportunity to capitalise on this demand. Initiatives such as the long awaited development of the Grade II listed Barnes Hospital has resulted in the creation of 155 new homes including a mixture of apartments and spacious town houses constructed within and around the beautiful gothic building.
Success breeds success and with more businesses and property developments planned for the coming years, life looks good for the inhabitants of Cheadle. New employment opportunities, along with the excellent transport links means that those living in the pretty village of Cheadle can enjoy all the perks of living the village life, with the hustle and bustle of city life just a short train journey away, plus rising property prices to boot.