Shropshire Country Homes Market Update

Nock Deighton’s Head of Country Homes, Ross D’Aniello, has many years of experience specialising in country, village, equestrian and rural property.

He’ll be sharing his experience and knowledge on the Nock Deighton blog, looking is at various aspects of the property market and the sales process. Here, he gives us an update on the current state of the market.

Market update

The property market has seen a marked increase in activity since the beginning of the year. Various unrelated events such as elections, referendums and Stamp Duty Land Tax changes inevitably have an impact, but it is fair to say that there has been an increase in properties coming to the market, viewings and sales.

We are seeing properties achieve realistic prices and a number of agents are seeing levels of interest not seen for nearly a decade.

Traditionally the market peaks in spring and autumn, however we are seeing a constant stream of both sellers and buyers getting in touch which can only bode well for the year to come. Confidence, despite the uncertainty of the referendum, will hopefully continue.

The average asking price for England and Wales jumped a further 0.8% since May with stock of levels edging up further, but still 10.6% less than in May last year. There are still low levels of quality stock which benefits the seller so now is the time to seek advice if you are considering selling.

Please contact our offices for further free advice on 01584 875 555.