Spring Outlook: What It Means for the Local Property Market
Spring Outlook: What It Means for the Local Property Market
As the flowers bloom and the days grow longer, spring is traditionally one of the busiest seasons for the housing market – and 2025 is proving to be no different. With the Chancellor’s Spring Budget now revealed, many local homeowners and buyers are asking: what does this mean for the property market here in Knutsford, Altrincham, Hale, and the surrounding villages?
At Ferrari Real Estate, we’ve taken a close look at the budget announcements and paired that with what we’re seeing on the ground to bring you a clear view of the season ahead.
Stamp Duty Remains Unchanged – For Now
Despite speculation, the Spring Budget 2025 brought no major changes to stamp duty thresholds. While this may disappoint some first-time buyers hoping for relief, it provides a level of certainty and stability that benefits both buyers and sellers alike.
Locally, we’re seeing continued interest from families looking to upsize, downsizers searching for a low-maintenance home, and London-based buyers moving north for more space and better value. With no sudden stamp duty shake-ups, these movers are pressing ahead with confidence.
Government Investment in New Housing Supply
A major headline from the budget is the government’s commitment to increasing housing supply, particularly through unlocking brownfield sites in high-demand regions like Greater Manchester.
While new-builds may begin to appear in the coming years, demand for character homes, period properties and family houses in established neighbourhoods like Bowdon and Hale continues to outstrip supply. For homeowners considering a sale, now is a great time to take advantage of that imbalance.
Why Spring is the Best Season to Sell
Every year, the spring property market sees a noticeable uplift in activity, and there are good reasons for it.
- Your home looks its best. Gardens are blooming, natural light is stronger, and kerb appeal peaks during spring. Whether it’s a sunny conservatory or bi-fold doors opening to the garden, spring shows homes at their brightest and most inviting.
- Buyers are motivated. Many people start searching in spring with the goal of moving before the summer holidays or ahead of the new school year. This creates a pool of serious, ready-to-move buyers.
- More market activity. Spring often brings more properties to market, which can create a buzz and encourage quicker decision-making. But in a market like Altrincham or Timperley – where supply is still limited – a well-presented home can really stand out.
At Ferrari Real Estate, we’ve already seen a sharp increase in enquiries since the start of March, particularly for family homes in Altrincham and Hale Barns and stylish townhouses in central Altrincham.
What’s the Outlook for Spring 2025?
Interest rates remain stable, and with inflation gradually falling, confidence is building in the market. Combined with the seasonal bounce, we’re expecting a strong spring for property sales across South Manchester and Cheshire.
Thinking of Selling This Spring?
If you’re considering a move in 2025, now is the time to act. With the market warming up and buyers actively searching, a spring listing gives you the best chance of securing a great price.
At Ferrari Real Estate, we know the local market inside out – from valuation through to negotiation. We’ll help you position your home perfectly to attract the right buyers and achieve the best results.
Get a free valuation here.
Ferrari Real Estate – Local Experts, Exceptional Results.
Published: 02/12/24