Shropshire House Prices - April 2016

May

Market Analysis

Ever-increasing house prices have slowed slightly in Shropshire, but a lack of new properties coming onto the market is still driving prices up.

That’s the view of analysts at Nock Deighton estate agents, who compile a monthly house price index based on a cross-section of market reports and their own statistics.

The latest figures show that house prices in Shropshire rose by 0.1 per cent over the past month, with an annual increase of 3.5 per cent.

Michael Nettleton, director of sales and marketing at Nock Deighton, said: “Although the figures indicate a slight slowing down of house prices, demand is still extremely high.

“Our figures show an average sold price of £238,971 for the last month which corresponds with the generally buoyant market.

“It’s been the same story for most of this year - a shortage of stock is still the main issue so houses which are priced correctly are selling very quickly.”