Homeowners in Alderley Edge will be delighted with news that the average price of a detached house in their village has risen by 15 per cent in 2016, breaking through the £1m barrier.
The annual house price index from Countrywide shows that a detached house in the beautiful Cheshire village now costs more than anywhere else in the country — outside of the M25. It joins eight other towns outside London where the value of a detached home has passed the seven figure mark.
Some 40% of homes in “Alderley” sold for at least £1m, and in the southern edges of the town, the figure is near to 100 per cent.
With luxury bars, restaurants and shops lining the high street, a train station, and beautiful properties at every turn, from the outside it seems hardly surprising that the well heeled, celebrities, footballers, and other affluent types are drawn here.
But what exactly do the residents think about their village and its average house price tag? Luxury Cheshire posed the question earlier today, and here’s what they said:
“It’s a fabulous location if you have a family; there’s so much going on around here, and it has a wonderful community spirit with a great heart. There is a great choice of schools too.”
“It has a network of commuter links to Manchester, London and beyond; by air, rail and road. It has its own railway station, Manchester airport is within 10 minutes drive and you are close to a number of motorways.”
“There’s a buzz in this village, with its mix of high quality restaurants, bars, and shops, and all in walking distance of open countryside. It’s bound to push the house prices high.”
“There are some amazing properties here, which have taken a lot of investment.”
“On one hand it’s a charming little village, which has managed to retain its original Victorian period charm, while on the other it has welcomed progression, with some of the finest luxury contemporary architecture popping up on a regular basis.”