Property Prices in the West Midlands: On the rise fast
16th September 2017
As the nights are starting to draw in, this can only mean one thing; autumn is well on the way! The school holidays are over and normal day to day life has resumed. The window of opportunity for selling your property is now up and running once again.
What’s all the fuss about?
It seems that everyone is certainly reading from the same book, as there has been a huge rise of house prices within the West Midlands Region. Rightmove have a fantastic feature on their website which reflects the house prices in certain regions. This allows you to reflect and compare what the property market is doing now and how it has been performing in your area.
According to the latest figures, provided by Rightmove Index housing prices, the West Midlands has an increase of 6.9% to house prices, compared to last year. This is a huge rise and is more than double the national average. Property is hot here and it is selling fast. An explanation for this is that the area is considered as being a hot spot area. This means that the price you pay for the property also reflects within the area. The West Midlands has a lot of good schools, shops and businesses which means that lifestyles in the West Midlands are flourishing.
What does the price increase mean for the west midlands?
It’s simple. It’s a great time to sell! But also for a purchaser, you are buying into a great location with good benefits. Austins Estate Agents are local to Wolverhampton and what we offer is a friendly familiar face, with excellent local knowledge. We know that when you buy a property, you buy into the area. We offer a FREE sales valuation on your property, where a member of the sales team will visit you at your property, to discuss the value and potential of not just your home but the area. Knowing the area of the property is the main ingredient to selling your home. This is because people have a need to know what amenities there are and what will be beneficial to them. As many of you know, having a local shop is handy for when you’re on the last drop of milk!
How can I find out how much my property is worth now?
Austins understand that finding out how much your home is worth from time to time is important. Let’s face it, tackling DIY and deciding to go ahead with an extension, has got to be for something right? As mentioned previously we offer a FREE instant online sales valuation. It’s simple, in sixty seconds; you will know the value of your home. The added bonus is that it will show the sales valuation including a minimum and maximum price. Find out the value of your home here and if you decide it’s time to sell, give me a call today. I would love to speak with you and chat about your fabulous property!
Call 01902 244200 or email me today.