Facebook Pixel

⌚ AVERAGE PROPERTY SALE AGREED at just 36 DAYS - that's the QUICKEST EVER!! Mass market sees more RECORD PRICES whilst upper-end COOLS 😎 Download FULL Rightmove report below 📩

✅ Average price of property coming to market this month is £337,371 (down from £338,447 last month) âŦ‡
✅ In the East Midlands, we're up +6.9% in last 12 months - our average asking price £258,374 🚀
✅ Average time for property to be marked sold is quickest ever at 36 days (34 in East Midlands), which is a whole month faster than in February 2020 before pandemic ⚡
✅ Overall average price of property coming to market falls by -0.3% (-£1,076) this month đŸ”ģ
✅ This is driven by a -0.8% drop in the upper-end typically 5+ bedroom sector 🏡
✅ In contrast, new record price highs in 1 or 2 bedroom First-time Buyer-type properties, up by £1,328 (+0.6%) âŦ†
✅ Second-stepper 3 to 4 bedroom properties, up by £975 (+0.3%), where activity remains very strong đŸ’Ē
✅ These sectors are less affected by withdrawal of Stamp Duty incentives ⏹
✅ In first week of August, buyer enquiries up +56% on same period pre-Covid 2019, and down by just -17% on frenzied post-lockdown 2020 numbers 📊
✅ This snapshot also shows number of sales agreed is up by +9% on the same period in 2019 🤝
✅ Available stock still at record lows, with buyer demand hoovering up new supply leading to more properties selling, and selling more quickly 🏎
✅ There is a continued need for these low stocks to be rebuilt in order for price stability to return ⚖
✅ Rightmove predicts there will be an autumn bounce in both seller activity and prices ⛹ī¸‍♀ī¸

🔍 DOWNLOAD FULL REPORT HERE: https://www.rightmove.co.uk/news/content/uploads/2021/08/Rightmove-House-Price-Index-16th-August-FINAL-NE.pdf 

🙋‍♀ī¸ 𝗛đ—ŧ𝘄 đ—ē𝘂𝗰đ—ĩ 𝘄đ—ŧ𝘂𝗹𝗱 𝗮 đ—¯đ˜‚đ˜†đ—˛đ—ŋ đ—Ŋ𝗮𝘆 đ—ŗđ—ŧđ—ŋ 𝘆đ—ŧ𝘂đ—ŋ đ—ĩđ—ŧ𝘂𝘀𝗲 đ—ļđ—ģ 𝘁đ—ŧ𝗱𝗮𝘆'𝘀 đ—ē𝗮đ—ŋ𝗸𝗲𝘁❓ Contact our EXPERTS đŸĻš‍♀ī¸đŸĻ¸‍♂ī¸ and we'll let you know 👍


#cavendishexperts #houseprices #houseexpert #houseforsale Timothy Bannister

Property to rent in Nottingham - BEST LETTING AGENCY in Nottingham

Posted 19 August 2021
by Ali Baylav Managing Director Cavendish Residential

Want more daily property news? Follow us on LinkedIn.

Search your perfect place to Rent
Search your perfect place to Buy
Looking to sell?
Looking to invest?