You may have been in your current home for three years or thirty years, but the market conditions now are so favourable that no matter how long you’ve lived in your property you’re likely to witness a healthy property price increase for your home.
The latest House Price Index from Halifax reports interesting statistics for those thinking about maximising profits from their home:
- House prices increased by 1.1% in April
- Tenth consecutive monthly rise, the longest run since 2016
- House prices are up £47,568 over the last two years
- Average property price reaches another new record high of £286,079
- Rate of house price growth expected to slow as incomes squeezed
With house prices increasing 1.1% month on month, 2.7% over the last quarter and a whopping 10.8% annual increase, perhaps it’s time to consider that move? We are seeing record numbers of potential purchasers registering across our branches, all searching for their next property in your area. With an active database of buyers, we can ensure that your home is marketed to a large and targeted audience, locally, regionally and nationally.
Of course, you’ll need to consider that just as your property price has increased so too have the properties that you may be looking to buy. The biggest profit margins will come for those of you who are perhaps considering downsizing once younger family members have left home, or maybe to up sticks and move to another part of the UK or abroad.
Growth is expected to slow later this year, so striking while the iron is hot will give you the best chance of maximising the profit you see from the sale of your home.
Jackson-Stops can offer you expert, professional and practical advice, alongside a friendly, efficient and recommended service. If you’re thinking about taking the bull by the horns and selling your home, we’d be delighted to help. Please contact our South East branches:
Canterbury: 01227 781600, canterbury@jackson-stops.co.uk
Cranbrook: 01580 720000, cranbrook@jackson-stops.co.uk
Oxted: 01883 712375, oxted@jackson-stops.co.uk
Sevenoaks: 01732 740600, sevenoaks@jackson-stops.co.uk
Tunbridge Wells: 01892 521700, tunwells@jackson-stops.co.uk
