How do we know more people are moving to London & Manchester?
Sky News have analysed the data for factors that indicate an increase in the population of a location, including:
- An increase in people registering with a GP in the district
- Rising rents in the area
This analysis reveals that London and Manchester have the largest growth in population, making them the most popular places to move to in England. Rising rents in both Manchester and London also highlights the renewed popularity of these appealing cities, as people once again flock to live in the city.
Why do people increasingly want to live in London & Manchester?
The pandemic urged people to move to the country, but now that restrictions have ended people can again see how attractive city living is. The countryside had its place in a world of social distancing, but we can now socialise freely and people want the city lifestyle that cities like London and Manchester offer.
People have a renewed appreciation of our international cosmopolitan cities that can provide them with:
- More job opportunities
- A great socialising lifestyle
- Fantastic entertainment and cultural activities
- Unrivalled transport infrastructure and international links
After two years of isolating, our eyes have been opened to how lucky we are to be able to live in these amazing cities that are the envy of the world.
Why does this make it a good time to sell or invest in London & Manchester?
When people increasingly want to move to a location, you know you can achieve both good selling and rental prices for your property.
Greater competition means a higher selling price:
With more people looking to move to the city, there is greater competition among buyers for your property if you want to sell, which means you can achieve a higher selling price.
Higher rents means a greater return on investment:
Data shows that rents are increasing the most in London and Manchester, which means increased rental potential if you are looking to invest in property. With rents on the rise to well above pre-pandemic levels, you can achieve a greater return on your property investment in these cities.
How do I sell or invest in property London & Manchester?
Henry Wiltshire estate agents have estate agent offices across London and Manchester to help you achieve the best price when selling your property, or identify property with great investment returns.
Our accredited professionals will help you every step of the way to ensure you have the best experience when selling or buying your property. We even offer a fully managed service for landlords if you decide to rent out your property.
To take advantage of this upsurge in property values, contact our experienced agents today!
