If you're looking to purchase a property in Manchester, you may have noticed that property prices in Altrincham are much higher than the surrounding areas. In fact, the average property price now stands at £431,295, compared to an average house price of £162,247 across the Greater Manchester area. So why do homes in this market town to the south of the city attract a premium price tag? Read on to find out more.
One major attraction is the quality of the schools in the area. Here, you'll find some of the best primary and secondary schools in the country, such as Altrincham Boys School, Altrincham Girls School, St Ambrose and Loreto. This increases competition among parents who want to live in the catchment area for these schools, so their child can enjoy an excellent education. The impact that schools have is demonstrated by the sharp rise in property prices for homes nearby. It isn’t unusual for a property on the street next to St Ambrose or the Grammar School for Girls to fetch £1.5m.
Investment in the area
In recent years, Altrincham has enjoyed increasing levels of investment, with a plan to spend a further £70m approved in 2016. As a result of this investment, trendy apartments have transformed the town centre and attracted young professionals to the neighbourhood, who are bringing new life and energy to the area. The change in demographics has seen the number of independent businesses in the area increase. A range of new bars, shops and restaurants have appeared on the high street, and the Goose Green Summer Festival attracted over 4000 people last year, who enjoyed music from established and up-and-coming artists. These factors are helping to breathe new life into the area while still maintaining its community feel.
Altrincham has great transport links into the centre of Manchester which makes it very popular with commuters. Regular trains can get you to work in the heart of the city in just 35 minutes, and at the weekend, the train service also provides quick and easy access to the art galleries, shops, museums and theatres of Manchester. The town also benefits from the Metrolink service, with trams running every 6 to 12 minutes into the city centre and the surrounding suburbs. Altrincham is located just a few miles from Manchester Airport, which makes it an ideal location for those who often have to travel abroad on business. There's also easy access to the M62, M6 and M56 motorways.
If you love food, then you'll love Altrincham. In the centre of the town, there is a 19th-century market which contains fishmongers, butchers and greengrocers as well as craft stalls. Next to the covered market is a Grade II-listed building which houses some of the best artisan food and drinks outlets in Manchester.
If you're looking for a friendly and vibrant place to live, which offers all of the joy of city living with none of the stress, then Altrincham could be the place for you.