selected branch: Stoke-on-Trent
Stoke’s housing market comprises a wide variety of properties, with everything from city centre flats to family homes available. There are plenty of different styles of property to suit every buyer’s requirements. Average prices in Stoke are reasonable, but they are on the up – prices have been increasing at a very steady rate over the past 10 years.
According to Zoopla, the average sold price for houses in Stoke-on-Trent over the last 12 months is £159,048 (as at Nov 2023). This price has increased by 3% in comparison to the previous year’s figures.
Average prices for specific property types are as follows:
| Detached: £278,453 | Terraced: £111,165 |
| Semi Detached: £167,021 | Flat/Apartment: £94,243 |
Average sold property prices across the different areas of Stoke-on-Trent vary, with different areas offering buyers different desirability factors. Below is a list of some of the most popular areas to live in Stoke, and their respective average sold property prices according to Zoopla (as at Nov 2023).
| Barlaston | £432,914 |
| Burslem | £123,657 |
| Florence | £148,997 |
| Hanley | £117,421 |
| Hartshill | £144,584 |
| Middleport | £132,260 |
| Newcastle-under-Lyme | £188,122 |
| Penkhull | £144,309 |
| Trentham | £264,327 |
Stoke-on-Trent is regarded as one of the UK’s most up-and-coming cities. The local council has put in a tremendous amount of effort to improve the city over recent years, and this has led to an influx of businesses and developments in the area. Just check out their website to see how much has been happening in the city.
Property prices are significantly lower than the national average, but they’ve shown very steady growth in recent years. It is expected that as demand in the area rises along with investment and business development, property prices will continue to increase. Given the current low property prices – now could be a very clever time to buy a house in Stoke-on-Trent.
Of course, like any area in the country – the housing market in Stoke can be unpredictable, and before making a big financial decision like buying a house, it’s always wise to chat to experts.
With housing prices steadily increasing, getting on the property ladder can seem like an overwhelming task. That being said, with the right help and guidance, it doesn’t have to be a painstaking process.
Whether you need advice on the best places to live in Stoke-on-Trent, or you’re a first-time buyer looking for general mortgage advice, we’re here to help.
Offering award-winning services and 100% free mortgage advice, there’s a reason why we’re the UK’s top-rated mortgage broker on TrustPilot.
If you need advice for first-time buying in Stoke-on-Trent – or if you’re looking for a reliable mortgage broker in Staffordshire – don’t hesitate to contact us today.
We’re experts on all things mortgage-related (and our services are always 100% free).
October 13, 2016
October 13, 2016
