Well my recent articles about Stoke on Trent’s most moved
street in the last 3 years and the Monopoly board article (the one where I
listed the most valuable streets) caused quite a lot of interest locally, so I
decided to see what else I could find out about the ST1 postcode area, and I
have been able find out the biggest streets in the Stoke on Trent (ST1)
postcode area.
Don’t worry, I will get back to some hard-hitting articles
about the lack of new homes being built in Stoke on Trent, the trials and
tribulations of being a Stoke on Trent buy-to-let landlord and the future of
the Stoke on Trent property market .. yet in this article because of the
previous positive comments, I wanted to give you what you, the Stoke on Trent
homeowners and Stoke on Trent landlords asked about and wanted!
The biggest street in ST1, when it comes to the number of
houses on it is Leek Road, with 271 homes. In second place is Ridgway Road with
235 homes and in third is Birches Head Road with 21 homes.
The street with the greatest number of movers in the last 3
years is Leek Road, yet its saleability rate was only 14.0%, with Buxton Street
having the highest saleability rate of 19.7%.
The full breakdown can be found in this chart below.
Street/Road
|
Number of Properties on the Street(s)
|
Total Value of Properties on the Street(s)
|
Average Value of Properties on the Street(s)
|
Number of Properties Sold on that street(s) in last 36 months
|
Saleability/Turn-over Rate in the last 3 years (# Houses divided
by sales)
|
Leek Road
|
271
|
£24,859,000
|
£92,000
|
38
|
14.0%
|
Ridgway Road
|
235
|
£13,374,000
|
£57,000
|
2
|
0.9%
|
Birches Head Road
|
215
|
£27,831,000
|
£129,000
|
37
|
17.2%
|
Milton Road
|
211
|
£26,746,000
|
£127,000
|
20
|
9.5%
|
Turner Street
|
158
|
£13,705,000
|
£87,000
|
25
|
15.8%
|
Union Street
|
154
|
£8,040,000
|
£52,000
|
3
|
1.9%
|
Hanley Road
|
143
|
£18,089,000
|
£126,000
|
17
|
11.9%
|
Etruria Vale Road
|
142
|
£12,916,000
|
£91,000
|
12
|
8.5%
|
Linfield Road
|
128
|
£10,977,000
|
£86,000
|
2
|
1.6%
|
Stubbs Lane
|
127
|
£6,989,000
|
£55,000
|
0
|
0.0%
|
Buxton Street
|
122
|
£12,009,000
|
£98,000
|
24
|
19.7%
|
Ralph Drive
|
114
|
£9,148,000
|
£80,000
|
7
|
6.1%
|
Fitzherbert Road
|
107
|
£9,609,000
|
£90,000
|
8
|
7.5%
|
Barthomley Road
|
106
|
£9,289,000
|
£88,000
|
12
|
11.3%
|
Derek Drive
|
104
|
£17,126,000
|
£165,000
|
10
|
9.6%
|
Brocklehurst Way
|
101
|
£8,943,000
|
£89,000
|
2
|
2.0%
|
Bucknall New Road
|
99
|
£10,219,000
|
£103,000
|
4
|
4.0%
|
Rose Street
|
98
|
£7,819,000
|
£80,000
|
8
|
8.2%
|
Courtway Drive
|
96
|
£13,854,000
|
£144,000
|
9
|
9.4%
|
Eaton Street
|
93
|
£7,560,000
|
£81,000
|
5
|
5.4%
|
Yet, did you really think I wouldn’t get at all serious ..
The basic rudiments of the Stoke on Trent property market remain
principally healthy in many parts of Stoke on Trent, yet the existing
political environment means that the vital element of confidence has
been diminished slightly in certain parts, and that is triggering a minority of
potential property purchasers and house-sellers to vacillate, yet with
unemployment at an all-time low, a record number of people with a job, ultra-low
interest rates and decent mortgage availability (with the Banks and Building
Societies tending to drop mortgage rates instead of increasing them), those Stoke
on Trent first time buyers (and especially Stoke on Trent buy-to-let landlords)
who have adjourned their next house purchase because of perceived political
uncertainty should be reminded that talking to many of my fellow Stoke on Trent
agents they have more homes on their books than at any time for the last three
or four years, so there is a greater choice of Stoke on Trent properties to
call your next home/BTL investment with a potential of securing a great
property deal in the next month or so.