Es­tate agents buoyed up by up­ward prices

Macclesfield Express - - HOMES -

AC­CORD­ING to the latest LSL Aca­data House Price In­dex, an­nual house price growth in Greater Manch­ester has risen 6.2 per cent, which is an in­crease in the av­er­age house price from £157,960 in May 2014 to £167,691 in May 2015.

As a whole, the north west has seen an an­nual prop­erty price in­crease of 3.6 per cent ac­cord­ing to the Reeds Rains House Price In­dex, June 2015.

Re­gional oper­a­tions man­ager for lo­cal es­tate agents Reeds Rains, Steven Cooke said: “House price growth across Eng­land and Wales has faded in the past year, but look­ing month on month in June, home sales have soared 15 per cent. In the north west it’s en­cour­ag­ing that we’re see­ing live­lier ac­tiv­ity where prices are start­ing to get back onto their feet.

“There are still some pock­ets where house prices are lower than 12 months ago. With wages re­cov­er­ing, and gov­ern­ment schemes and ini­tia­tives to lean on, buy­ers’ pur­chas­ing power is stronger than it has been for a long while. As a re­sult of this pos­i­tiv­ity, higher de­mand should place some up­ward pres­sure on prices in com­ing months, and keep the mo­men­tum of the mar­ket mov­ing for­ward.

“Fig­ures from My Home Life sur­vey sug­gest 90 per cent of peo­ple start their searches for prop­erty online, so it is im­por­tant for peo­ple to choose an agent that can pro­vide a good online pres­ence for their prop­erty.” Reeds Rains show­cases all its prop­erty de­tails on www. reed­ - which has more than 100,000 visi­tors view­ing each week – and also on Right­move and Zoopla, where 91pc of home buy­ers start their prop­erty search. Prop­erty list­ings are also sent to 15 part­ners in­clud­ing the Daily Mail online and Mum­snet.

Steven said: “Reeds Rains com­bines wide spread online ex­po­sure to­gether with the tra­di­tional ser­vices of a high street agent.

“With an ex­pand­ing net­work of branches cov­er­ing Eng­land, Wales and North­ern Ire­land, we’ve never lost sight of the need for lo­cal ex­per­tise or moved away from our prin­ci­ples that build­ing re­la­tion­ships, be­ing gen­uinely in­ter­ested in our cus­tomers and get­ting the job done is the way to achieve suc­cess.

“It’s this sort of ser­vice that we think puts us in the per­fect place to re­spond to lo­cal mar­ket ac­tiv­ity.

“To­day thou­sands of home­own­ers around the UK trust Reeds Rains to sell their homes. Reeds Rains in­vests heav­ily each year in mar­ket­ing and advertising homes.

“For most ad­dresses we al­ready have a list of buy­ers reg­is­tered who are cur­rently look­ing in that spe­cific area. As soon as we have com­pleted the prop­erty de­tails, we can email and phone po­ten­tial buy­ers with the view to achiev­ing a quick sale.

“We are en­cour­ag­ing sellers to take ad­van­tage of the grow­ing strength in the prop­erty mar­ket here in the north west. Reeds Rains cur­rently has a range of prop­er­ties avail­able for first-time buy­ers, peo­ple look­ing to move up the prop­erty lad­der, or in­vestors.

“We would en­cour­age sellers to visit their lo­cal branch to find out more.”

●● The Reeds Rains Mac­cles­field team

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