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Shropshire House Prices in 2015
Property experts here at Nock Deighton estate agents in Shropshire are predicting a busy start to the year in the housing market as demand continues to outstrip supply.
The selling team compiles a monthly house price index based on Nock Deighton's own figures and industry reports.
Michael Nettleton, sales and marketing director, said the most recent report showed a small monthly decrease of 0.4 per cent in December - although year-on-year prices showed a 3.6 per cent rise.
Nock Deighton’s average sale price in Shropshire for the past 12 months was £245,036 and Mr Nettleton said the future was bright.
“The small monthly decrease in December’s report was counter-intuitive to our current experience of the market in the build up to Christmas,” he said.
“Although volumes of instructions tend to wind down over the Christmas period, sales activity is still very strong, with a shortage of supply being the real issue in the market as a whole.
“With the pent up demand for property, we are predicting a very strong market for the new year.”
Old Smithfield, 34-35 Whitburn Street, Bridgnorth, Shropshire, WV16 4QN
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