It is perfectly natural to hold an interest in house prices, and what is happening in the market. If you plan on selling your home soon, or you care about the value of your home, you will want to stay informed of property prices in your area.

At Fraser Reeves, we are pleased to say we can help you remain informed when it comes to Newton-le-Willows property prices. According to Rightmove, as of late August 2021, the Newton-le-Willows housing market can be described as such:

“Properties in Newton-Le-Willows had an overall average price of £183,068 over the last year.

The majority of sales in Newton-Le-Willows during the last year were semi-detached properties, selling for an average price of £168,901. Terraced properties sold for an average of £141,224, with detached properties fetching £278,706.

Overall, sold prices in Newton-Le-Willows over the last year were 9% up on the previous year and 18% up on the 2018 peak of £155,376.”

Are you interested in what your friends or neighbours paid?

Research carried out by Zoopla looked at people’s relationship with local prices, and what other people pay for homes:

• 59% of respondents said they find out what friends, family members, colleagues and even potential partners pay for their home

• 65% of respondents say they’d never tell the owner they had researched the value of their property

• Only 19% of respondents think it is okay to ask someone what they paid for their home

• 36% of people said they would look up the sale price or value of a neighbour’s home

• 34% said they would check out the price a friend paid for their home

• 29% of respondents said they would research what a family member paid for their home

• 11% said they would check out what a colleague paid for their property

• 3% said they would look into what their boss paid for their home

• 28% of respondents said they made presumptions about the earnings of a colleague after finding out what price their home was

Would you ask someone what they paid for their home?

Other findings from the Zoopla study include:

• Only 20% of respondents have asked someone what they paid for their home

• 37% of respondents said asking what someone paid for their home is rude

• 28% of respondents said a conversation about property prices is awkward

• 8% of respondents said they check out the price of property owned by a partner, an ex-partner or someone they are dating

• 32% of respondents say they have continued to date someone they wouldn’t have otherwise after viewing their property online

• For people aged between 35 and 44, this proportion rises to 46%

• 50% of respondents said the value of a partners home encouraged them to keep seeing them, with the figure for men coming in at 63%

• 24% of respondents said they stopped dating someone after seeing the value of their home, with 30% of men stopping dating a partner for this reason

Tom Parker, Consumer Spokesperson at Zoopla, comments: “We’ve long been known as a property obsessed nation and our latest research highlights just how interested many Brits are in finding out the value of their neighbours’, friends’ and even bosses’ homes. Agents have a key role to play in educating consumers on the accurate value of a property and ensuring they’re not simply comparing their property to others, but also considering how more hidden factors like EPC ratings, property layout and internal renovations can impact the value of a home.”

Tom also said; “Buttoned up Britons love talking about house prices – but for most, asking someone straight-up what they paid for their home is still considered a taboo. But how much a house sold for is publicly available information and is easy to source online. Whether it’s your boss, a friend or even a potential partner, it’s clear we want to know more about the homes they live in and will often treat them differently as a result.”

As local agents in Newton-le-Willows, we are keen to support vendors, buyers and landlords in the area as best we can. We offer an extensive range of services, aimed at helping you make your next move with confidence.

If you would like to arrange a property valuation, or discuss your property options, please call Fraser Reeves on 01925 222555.