House prices are holding in and around West Bridgford

17th December, 2014, by

Ian Marriott, associate director at FHP Living said:

“Due to the reduced amount of properties for sale in the area we have witnessed and experienced price rises in the region of 13 per cent over the last 12 months. This has been entirely fuelled by the increased amount of buyers available for rare housing stock.

“A property that we were invited to in 2013 in central Bridgford increased in asking price from £575,000 to £650,000 at listing stage in July 2014. Through dynamic marketing and a proactive approach by the FHP Living team, in particular Jules Hunt, we achieved a sale price over the asking price within two hours of receiving the instruction, amounting to a 14.5 per cent increase from the previous years’ appraisal.

“The instruction was gained amidst stiff competition from other local agents. Our client was impressed by the forward thinking marketing offered by FHP Living, including top quality photography, brochures and most of all knowledgeable and approachable staff.

“Over the last twelve recently agreed sales at our West Bridgford operation we have achieved within 96.5 per cent of asking prices. This clearly still shows a strong housing market on top of the already increased per cent of asking prices compared to a year ago. The change in stamp duty liabilities may continue to strengthen the market in 2015.”