Winchester sales market typical of UK boom

Fri 20 Feb 2015

Property sales across the UK are stronger than they have been at any point in the last eight years – and the Winchester market embodies this positive trend.

Recent statistics published by Lloyds Bank showed the number of properties sold in the country in the first ten months of 2014 was 21 per cent up on the same period in 2013.

With a total of 760,000 property sales completed in this time, January to October 2014 was the busiest spell for the market since the same months in 2007.

In truth, the sales market has been bouncing back for some time, since it hit a low point during the recession in 2009. But the bank’s figures show the upturn is still accelerating and bringing new levels of optimism to buyers and sellers.

This is certainly the case on a more local level here in Winchester, where we continue to see growing demand for all types of properties.

From one and two-bedroom apartments in the town centre to large family homes close to some of the city’s excellent schools, people are keen to live in Winchester and supply often fails to keep pace with demand.

All regions across the UK experienced a rise in sales in 2014, and the fact sales figures have grown by at least 50 per cent in the last five years should give plenty of cause for confidence, and fuel the belief that 2015 will be another successful year.

If you would like more information on selling your property and how we can help you achieve the very best results, do not hesitate to contact my experienced and knowledgeable team of local experts in Winchester.

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