Flint Bishop

Strong end to year for housing market

A local firm of property specialists is reporting a strong end to 2010 and predicting the housing market will continue to recover over the coming year.

Shropshire-based Nock Deighton has seen a steady volume of house sales during November and December, as confidence grows amongst both buyers and sellers across the region.

The firm sold more than £3.6million worth of property during November alone, with houses across various price ranges - and in both urban and rural areas - attracting substantial interest. Even more niche properties have sold, as buyers start to see the green-shoots of recovery and push on with their plans.

Michael Evans, Managing Director of Nock Deighton, commented: "We were anticipating something of a lull in demand in the run-up to Christmas, but we've actually just seen one of our best sales periods of the year.

"I'd urge an element of caution over national media generalisations and 'scare stories' about the current state of the housing market. Shropshire property prices continue to remain strong compared to the UK average, and parts of our region are still amongst the most sought-after areas to live. Many of our recent buyers are from London and the Home Counties, and haven't let the market uncertainty put them off from seeking a better quality of life here."

Michael concluded: "Looking forward to 2011, it will certainly be another challenging year, with government cuts and increases in VAT on the agenda. But if sellers are realistic with their prices and properties are actively marketed by estate agents and lettings agents, Shropshire will continue to be a prime location, and we predict house prices will continue to recover at a speed above the national rate of inflation."

Formed in 1831, Nock Deighton is one of the Midlands' most well-established and respected firms of estate agents, lettings agents, chartered surveyors and auctioneers. The company stands at the forefront of the modern property sector by embracing up-to-the-minute technology and industry best practice, and has a firm focus on achieving the very best results through a full range of specialist property-related services and dedicated staff. 

 

Bookmark and Share

Article published by Midlands Business News on 5 January, 2011

Submit your company news and photographs to Midlands Business News via email news@midlandsbusinessnews.co.uk or submit news and events online here.

midlandsbusinessnews.co.uk is an online Midlands business news network and we welcome submissions of your company or business related news articles and event notifications.

 

 

Articles submitted by Nock Deighton:



  • Accreditation shows lettings firm's commitment to staff development - click to read
  • Bidding set to heat up on energy efficient house - click to read
  • Commercial property experts stage Shropshire seminar - click to read
  • Property expert issues advice on short-term lettings - click to read
  • Lettings expert welcomes results of report - click to read
  • Senior addition to Shropshire property team - click to read
  • Lettings expert highlights importance of accurate inventory - click to read
  • Landlords offered advice to avoid 'buyer beware' pitfalls - click to read
  • Priorslee a priority for Shropshire househunters - click to read
  • Last chance for first time buyers to cash in on tax holiday - click to read
  • Children's charity reaps reward of annual event - click to read
  • Property expert issues winter warning - click to read
  • Tips for tenants to rise to top of rental list - click to read
  • Thomas Telford's old home offers chance to build perfect future - click to read
  • Local agent celebrates evolutionary journey - click to read
  • Local company puts on the pink for charity - click to read
  • Local agent appeals to apartment owners - click to read
  • Property experts post positive results - click to read
  • Free guide launch sees top surveying tips shared - click to read
  • Property expert appointed to prestigious post - click to read
  • Free guide launch sees top tenant tips shared - click to read
  • Double recognition for property experts at national awards - click to read
  • Property experts put unclaimed cash to a good cause - click to read
  • Charity calls upon support of property experts - click to read
  • Property experts reveal rise in buy-to-let - click to read
  • Property experts unveil high-tech housing search - click to read
  • Property experts build on solid foundations - click to read
  • New team member builds on solid foundations for property experts - click to read
  • Ludlow leaps onto list of most sought-after locations - click to read
  • Property experts make flying start to 2011 - click to read
  • Homes with a history join property market - click to read
  • Property experts predict continued rise in rentals - click to read
  • Winter weather warning to local homeowners - click to read
  • Strong end to year for housing market - click to read
  • Injured troops reap reward of annual event - click to read
  • Search the site

    News Article
    Search



    Faces behind
    the business

    Nick Beham

    Nick Behan



    PressVine
    The Maynard Hotel
    Incentive & Motivation
    Klick Solutions Media
    Gourmet life

    Need a Service?

    Search our Midlands
    Business Directory