Herefordshire Property Market Update February 2020

When you consider the dreadful weather, localised flooding and even the impact coronavirus is having on the world's economy, this is interesting and encouraging news for the Herefordshire Property Market.

Here are your figures for February 2020 compared to the below of 2019

Overall the table doesnt seem to show how busy the property market is at the moment, these are figures taken from Rightmove Intel for February 2020.

Jackson Property are excessively busy with both sales and lettings, however what has not helped is the flooding to the area. Although the majority of stats show a decrease year on year for the overall total, what we can understand is that this year there significantly less new builds made available in HR1 & HR4, due to the Bloor site and Keepmoat site now advanced and closed respectively.

The amount of views per day on peoples property are similar, which with the amount of technology and social views people receive is a real confidence that people are still looking on the portals to view properties

Even more confidence is that the average house price in the region across all postcodes has increased 1.65%,  with HR4 being 2.04%.

The problem now is the lack of new properties coming to the marketing.  We are desperately short of homes in all areas, especially 3 and 4 bed homes in the price range £200,000 to £350,000

If you are thinking of selling this Spring or Summer, please get in touch. At Jackson Property we are to help get you moved. All of our clients receive a bespoke, tailored moving plan which is designed to help you achieve the best price for your home.  

Local People, Expert Knowledge, National Marketing