Chadderton, Failsworth and Moston: Key Investment Areas
Are you looking for a promising location to invest in? This month, we turn our focus to three interconnected areas in Greater Manchester: Chadderton, Failsworth, and Moston. These areas are drawing attention for their affordability, growing infrastructure, and strong community feel. Let’s explore what makes them stand out.
Average House Prices in Chadderton, Failsworth, and Moston
The average sold price of houses in Chadderton over the last twelve months was £190,842, which is very similar to the comparative figure of £189,962 in Moston. Failsworth proved to be a little more expensive, with an average sold price, over the same period, of £211,566. Moston and Failsworth both saw an increase of roughly 4% compared to the previous year. Rising prices can be a good sign of an increase in rental demand and good returns on capital gains, but it's important to remember these numbers aren't substantial.
For example, the average selling price in Chadderton fell by around 4% compared to the year before, but this marginal difference can likely be attributed to a greater proportion at the lower end of the market selling particularly well in the previous year. We'd urge all potential investors to conduct some price research before purchasing.
In some cases, higher prices mean growing demand, but likewise, falling prices can present investors with an opportunity to find a great property deal. The prices in these areas appear relatively stable, but there are some small indicators of price change for the areas which might appeal to certain investors depending on their specific circumstances.
Transport Links in Chadderton, Failsworth and Moston
Chadderton, Failsworth, and Moston benefit from excellent transport connections, making them ideal for commuters and families alike. The Metrolink tram system provides frequent services to Manchester city centre and surrounding areas, with stops conveniently located in all three neighbourhoods.
Additionally, the M60 motorway ensures quick road access to Manchester Airport, the wider North West region, and beyond. For those relying on buses, a well-connected network operates throughout these areas, ensuring reliable public transportation options.
Education in Chadderton, Failsworth and Moston
For families, access to quality education is a significant factor, and these areas don’t disappoint. Primary schools such as St. Margaret Mary’s in Moston and St. John’s in Failsworth have strong reputations, while secondary schools like The Radclyffe School in Chadderton are well-regarded for their academic performance and extra-curricular activities.
Higher education options are also easily accessible, with Manchester’s world-class universities only a short commute away.
Amenities in Chadderton, Failsworth and Moston
The areas boast a wide range of amenities to cater to everyday needs. Failsworth offers a mix of independent shops and larger retail outlets, while Chadderton’s supermarkets including Asda, Aldi and Tesco provide convenient options for groceries and essentials. Elk Mill Shopping Park in Oldham is only five minutes up the road and has a range of shops, including Sports Direct and Currys, plus loads of big-name food go-tos like Mcdonalds, KFC, Subway, and Costa.
Healthcare services, including local GP surgeries and dental practices, are readily available, ensuring that residents have easy access to necessary services.
Things to Do in Chadderton, Failsworth and Moston
When it comes to leisure, these areas provide something for everyone.
- Outdoor Spaces: Alexandra Park and Chadderton Hall Park are perfect for a family outing or a peaceful stroll.
- Cultural Activities: Explore Moston’s historic churches or enjoy live performances at local venues.
- Dining and Pubs: From cosy traditional pubs to modern eateries, there’s a variety of places to enjoy food and drink.
Chadderton, Failsworth, and Moston are rapidly gaining recognition as attractive areas for property investment. With their strong transport links, good schools, local amenities, and range of leisure options, these areas are well-positioned for future growth. Whether you’re looking to invest or relocate, these areas are worth exploring.
Chadderton, Failsworth, and Moston are rapidly gaining recognition as attractive areas for property investment. With their strong transport links, good schools, local amenities, and range of leisure options, these areas are well-positioned for future growth. Whether you’re looking to invest or relocate, these areas are worth exploring.
*All property price data taken from Rightmove at the time of writing, December 2024.
