Shropshire House Prices - February 2017

Feb

Market Analysis

The latest figures are in for the Nock Deighton House Price Index:

Monthly increase in January of 0.32%
Year-on-year rise of 4.35%

This small monthly increase in house prices in Shropshire, Worcestershire and Herefordshire fits in with our prediction for a steady market during 2017.

Michael Nettleton, sales and marketing director at Nock Deighton, says: “Steady, gradual increases in prices are an indication of a well-performing market, so this is a great start to the year.

“Last month, we spoke about how some national commentators were predicting a tough year, but national figures are heavily skewed by the London market.

“What these early figures show us is that buyers and sellers can have confidence that the housing market in Shropshire and Worcestershire is on a steady course.”

For more information and advice about buying or selling a house, give the Nock Deighton team a call on 01746 767 767.