If you take the findings of Trip Advisor into consideration, the following restaurants are amongst the most popular dining options in Stockport these days:
- The Easy Fish Co
- The Midway
- Copper Lounge
- Curry Culture
- CockaDoodleMoo
- Damson
- The Bun and Bones Club
These are just some of the popular restaurants in the local area and if you believe the information contained within the Waitrose Good Food Guide, they could be responsible for impacting on the property market. The guide tends to suggest that an area with a range of new and well-respected restaurants is likely to be a property hotspot. All the way experts have been focusing on school catchment areas and close proximity to transport hubs as crucial factors but really people should have been looking at the best options to dine out.
This may be a situation that is easier to explain in London, than other places. Of course, this is the focus for many property professionals so you can see why they would take this argument. In areas of the capital where gentrification is taking place, new homes are being built and prices are rising along the same lines as new shops and outlets are opening up. It is perhaps more likely that new start ventures or quirkier places will appear in these places, so there is likely to be a link between rising house prices or increased demand in an area and new style restaurants opening up.
People do want better options in the local area
In this regard, it may be that the availability of new and quirky restaurants isn’t drawing people to the area but it is the arrival of new people and opportunities that is opening up the market to new restaurants. It is important to work out which factor influences the other before issuing a statement that could change the way that people think.
There is definitely a lot to be said for the fact that more restaurants, offering a wide range of choices, can be good for an area. There are many things for a prospective buyer to consider when looking for a good area to live, and for many people, the social aspect of local life will impact on the decision they make.
The proximity of good schools, employment opportunities, value for money in the homes, the nature of the area and the entertainment and leisure options will have an impact but clearly some issues are more important than others. It is not as though a property buyer is going to pay £50,000 extra for a home just because their favourite burger bar is a short walk from the new home but if everything else was equal, small things will impact on what a person does next.
For all your property needs, please contact Spencer Harvey Estate and Letting Agents on:
0161 480 8888
https://www.spencerharvey.co.uk