Our core market remains buoyant, and while buyers are more cautious in their approach and multiple viewings are commonplace, they are committed to purchasing. However, the market is more price sensitive than in recent months and it is imperative that vendors are open to price negotiations and properties are accurately priced to ensure interest and secure a sale.
Interest in our core market (£300,000-£700,000) has remained high in 2017; new buyer registrations are on the increase and April/May provided our best months for sales in over a year. We continue to attract both local buyers and those looking to relocate from the capital, offering substantial savings on property prices. The average price of a property across our local area is £419,426, which is £55,000 (12%) less expensive than across London as a whole and offers a saving of £163,000 (28%) compared to a property in inner London.