Sussex Property Market View

Year-on-year house prices up 1.2% according to latest data

New research from an independent estate agent, has found that during April, average house prices across England and Wales fell by 1.7% but rose by 1.2% on the year. The average house price now sits at £225,833.

New buyer demand for homes rose by 3.8% on the month and by 38.6% annually. The number of properties coming onto the market has risen by 5.5% on the month, and by 18% on the year. This month there are over 11 buyers chasing every property across England and Wales.

The market has become more efficient this month, as the number of transactions has risen by 8.8% on the month, as the number of viewings....continue to read this article from Property Reporter, here

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Neil Moore of GL and Co.

With these updates, I follow the property market across Sussex and pass all our knowledge and findings on to you, the buyers, sellers, tenants and landlords of Sussex.

If you are thinking of buying a property for rental and would like to discuss this or if you see a property for sale and would like an opinion on the rental return and investment potential, email me at neilmoore@glproperty.co.uk or call me on 01903 742354.

Neil Moore