Record Month Bucks National Trend

Despite the national property market appearing to have slowed down in many parts, here in the Midlands the opposite seems to be true - with Nock Deighton recording a record-breaking January.

Ross D’Aniello, sales and marketing director, says the market across Shropshire and Worcestershire - Nock Deighton’s main sales area - is one of the main hot spots in the UK.

Here are January’s headlines:

  • 51 sales totalling £14.2 million (average price £281,000)
  • Agreed 54 sales
  • Took 75 homes to the market (average price £288,000)
  • Hosted 591 viewings
  • Received 172 offers
  • Registered 467 new applicants

Ross says: “The national media is continuing to paint a fairly negative picture of the housing market, but our experience is anything but.

“The figures for January are a record for this time of year and show that people are still in a positive frame of mind when it comes to moving home.

“Most of the activity has taken place in the £200,000 to £400,000 bracket, so we are talking about the core of the market which is very encouraging.

“The top of the market is still a little quiet, but we have a list of just over 100 buyers who are ready and waiting to move into the area when they find the right property.

“It’s a similar situation to last year, in that the main thing holding the market back is a shortage of available properties - so if you want to sell your home, now is a really good time to get on the market because the buyers are out there.”

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