At the same time, it’s reporting that transaction volumes have increased in most areas, with Belgravia and Knightsbridge seeing a 64% increase in volume over the past twelve months. This tallies with our own sales volume which increased by over 100% over the same period.
With stock levels declining and demand increasing, it stands to reason that prices will go up, which is exactly what happened at the end of last year – in Q4 2019, Prime Central London witnessed price increases by 4.8% as buyers’ confidence grew.
One month into the new year and this trend is continuing. There is an air of confidence in the market (Tedworth’s viewings numbers and new enquiries for January 2020 are up substantially year on year) and despite stock levels remaining low, there is every chance that, wth the right approach, Tedworth would be able to achieve a sale for you in the coming months.
If you or your clients are looking to sell, please don’t hesitate to contact us to find out how we can help you sell your property.