Rochdale Property Market Update
Here’s the latest overview of the Rochdale property market by Kris Street, Branch Manager
House prices and market conditions
Rochdale has seen continued growth in house prices over the last 12 months, supporting what has been a successful year overall. The first half of the year brought an increase in housing supply, although this tailed off in the latter part of the year, helping to underpin values.
Buyer demand
Demand remains particularly strong from first-time buyers and families, many of whom are attracted by Rochdale’s relative affordability compared with neighbouring areas. This steady flow of buyers has helped maintain momentum across a wide range of property types.
New housing and development
There has also been a noticeable increase in planning permissions for new homes, with significant developments planned in Castleton and Littleborough. These schemes are expected to add further choice to the local market while supporting longer-term growth.
Pricing strategy
While the market is performing well, it remains price sensitive. Properties that are priced realistically tend to attract interest and sell well, whereas pushing asking prices too far can result in longer selling times.
Overall outlook
Taken as a whole, Rochdale has experienced ongoing price growth and a strong year for sales, supported by solid buyer demand and new development opportunities. With the right pricing approach, the market looks well placed to continue performing positively moving forward.
If you’re thinking about selling or would like tailored advice on the current Rochdale market, our Rochdale team would be very happy to help.
