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A solid return of confidence to the market is sustaining the upward trend in asking prices that we have seen since the autumn. The average national asking price marketed by estate agents in the last 4 weeks rose by 1.1% to a new record of £205,674. This is the third successive month that a new record has been set.

The mini-boom is driven by demand from buyers for higher priced property types and the more affluent regions in the southern half of the country, with local hotspots in higher net worth locations. More affluent buyers are less likely to face affordability constraints and they therefore have the confidence, as well as the means, to move further up-market.

Spring/early summer is the traditional time to sell, and buyers appear to be snapping up property coming to the market if it is sensibly priced.

Chew Valley Estates are the clear market leaders offering up to date technology whilst retaining traditional values. Whilst big enough to compete they are small enough to care and offer a property service through all aspect of the house buying and selling process.

To view the largest selection of properties in the Chew Valley or to arrange a free market appraisal of your property please telephone 01275 475300

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