Property Prices in Glossop

Mercurial

I'm working overseas moving back home in the next 18 months and would like to move to Glossop. I had a look last year but didn't find anything I liked in my price range. I know prices have been increasing for the last couple of years. Does anyone who knows the area think property prices decreasing?

TIA

Crashy_Time

https://www.zoopla.co.uk/house-prices/browse/glossop/?q=glossop%20

SuboJvR

Can't see it myself. It's a popular spot for people working in either Manchester or Sheffield, in some cases families where one is at one and the other at the other if that makes sense.

Tiners

I know Glossop very well and I'd say yes prices have definitely gone a bit bonkers in the last 2-3 years.

I reckon up around 20-30% since 2015, prior to that they'd been pretty much stagnant since 2008.

Stock levels also massively down over the last 2-3 years.

Haven't got a clue what's fuelled it or whether it will continue/stall/reverse, Glossop is just as grim as it's ever been with horrendous traffic, terrible air quality, miserable weather and feral chavs roaming free.

Peccary

No, we bought last year and similar houses are being marketed at around 5% more. There are always people moving in and prices are cheap compared to nicer parts of Manchester /Stockport /Trafford.

There aren't a lot of houses between victorian terraces and modern detached.

As an antidote to Tiners' post, I like it and have seen the high street improve in the 4 years we have been here. The traffic is grim but the train service is decent into Manchester

Tiners

If you require pointless and pretentious scented candle shops, artisan cup cake makers, expensive secondhand clothes shops with the word ''vintage'' in their names and endless coffee lounges then yes the high street has ''improved'' in recent years!
The only reason these type of shops currently exist is a combination of favourable business rates and a local population of debt ridden ten bob millionaires wanting to show off their latest purchase on facebook.
Personally I found the high st to be more useful, if admittedly less twee, when it was mostly pound shops and charity shops.

NicNicP

I'm not far away from Glossop and house prices are set to continue to increase.

Crashy_Time

NicNicP wrote: »

I'm not far away from Glossop and house prices are set to continue to increase.

What evidence do you have for this?

Tiners

NicNicP wrote: »

I'm not far away from Glossop and house prices are set to continue to increase.

I'm also interested to know what fundamentals you're basing that statement of fact on.

NicNicP

My sister in law is an estate agent so I asked her!

NicNicP

She used to live in glossop too so knows the area well.