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Soaring Demand for Properties in Greater Manchester | Property Auction House

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Soaring Demand for Properties in Greater Manchester

Soaring Demand for Properties in Greater Manchester | UK property asking prices near all-time high after Brexit

Demand is outstripping supply

There has been a rise in demand of UK properties shortly after Brexit. The boost in demand has consequently caused UK property owners to increase their asking prices by an average of £2,589 over the last four weeks – just £40 shy of the record set in June 2018. This equates to a 0.8% increase on a monthly basis. Despite a surge in the number new sellers advertising their properties in the same period, the supply has been struggling to keep up with the demand.

Rightmove predicts rising prices

“It’s the first time for over a year that we have seen any sign of a return of seller confidence, albeit lagging behind the surge in numbers of early-bird buyers,” Miles Shipside, Rightmove director, said. The Rightmove director further said that he was expecting supply to fall behind demand, which will prompt prices to be pushed to new records in the following month.

Boris Bounce

The newly found confidence in the property market, described by many as the “Boris Bounce”, has seen an increase in agreed sales by 12% compared to the same month last year. The surge in demand may have also been contributed by the mortgage market. HSBC has been aggressively increasing their mortgage market share by reducing their fixed rates.

Take advantage of the property market today

Given the statistics and facts supplied by Rightmove and mortgage lenders, it is for your own benefit to sell your property immediately before there is a change in the market conditions. The best and quickest way to sell your property with assurance and in a timely manner is by selling through Auction Agent, your local property auction house. Auction Agent has vast, local area knowledge when it comes to properties based in Manchester, Bolton, Bury, Rochdale, Heywood, Oldham, Middleton, Radcliffe, Whitefield, Prestwich, Chadderton, Salford and Greater Manchester. With our traditional auction method, Auction Agent can ensure that lots sold on our property auction platform will complete anywhere from as little as one day to an absolute maximum of 28 days. Auction Agent has a combined experience of over 50 years within the UK property market – we can most certainly answer any property questions you have, whether you are looking to sell a house, buy a property or just curious about property auctions in general. Auction Agent property auction house utilises all the leading online property portals including Rightmove, Zoopla, and PrimeLocation, as well as social media platforms like Facebook, Twitter, and LinkedIn, in order to maximise the exposure of your property to potential bidders. Furthermore, with our extensive database of cash-ready property investors, you can rest assured that your property will get all the attention it deserves from high-conversion buyer leads.

Let Auction Agent deal with your property today with our incredibly easy and convenient property auction selling process and buying processcontact us for free property valuation and consultation.

Do you have a property near Northern Belle, Manchester Three Rivers, Clue HQ, Graystone Action Sports Academy Manchester, Chester Zoo, Science and Industry Museum, The John Rylands Library, National Football Museum, The Lowry, Imperial War Museum, Knowsley Safari, Manchester Museum, Dunham Massey Hall & Garden, Manchester Art Gallery, East Lancashire Railway, Lyme Park, Quarry Bank Mill, Manchester Cathedral, Bridgewater Hall, Central Library, Royal Exchange Theatre, People’s History Museum, Stockport Air Raid Shelters, Robinsons Brewery Visitor Centre, Portland Basin Museum, Lancaster Park & Animal Farm, HOME, Hat Works, Bolton Museum, Ordsall Hall, The Monastery, Victoria Baths, Salford Museum and Art Gallery, Staircase House, HSBC UK National Cycling Centre, Stockport Museum, Hall i’ th’ Wood Museum, Belle Vue Arena, Chadkirk Chapel, Museum of the Manchester Regiment, Horwich Heritage Centre, Blackleach Country Park, Manchester Arena, Albert Square, Barton Swing Aqueduct, Old Trafford, Etihad Stadium, Tatton Park, Chill Factore, Palace Theatre, Jodrell Bank, Runway Visitor Park, The Whitworth, All Star Lanes, Bramall Hall, The Printworks, Manchester Central, Emirates Old Trafford, Gallery Oldham, Little Owl Farm, Contact Theatre, Castlefield Gallery, Bishops Park Pitch & Putt, LEGOLAND Discovery Centre, Sea Life Manchester, Play Factore, AJ Bell Stadium, Blue Planet Aquarium, Belle Vue Greyhound Stadium, The Trafford Centre, Great Northern Warehouse, University of Manchester, Spinningfields, Manchester Town Hall, FC United, The Stroller Hall, Rochdale Pioneers Museum or Astley Cheetham Art Gallery?

For a free property valuation to kick start your property auction listing in Bolton, Bury, Rochdale, Heywood, Oldham, Middleton, Radcliffe, Whitefield, Prestwich, Chadderton, Salford, Manchester and Greater Manchester or any other area in the M1, M2, M3, M4, M5, M6, M7, M8, M9, M11, M12, M13, M14, M15, M16, M17, M18, M19, M20, M21, M22, M23, M24, M25, M26, M27, M28, M29, M30, M31, M32, M33, M34, M35, M38, M40, M41, M43, M44, M45, M46, M50, M60, M61, BL0, BL1, BL2, BL3, BL4, BL5, BL6, BL7, BL8, BL9, OL1, OL2, OL3, OL4, OL5, OL6, OL7, OL8, OL9, OL10, OL11, OL12, OL13, OL14, OL15, OL16, SK1, SK2, SK3, SK4, SK5, SK6, SK7, SK8, SK9, SK10, SK12, SK13 or SK22 postcodes, contact Auction Agent today on 01706 940499, info@auctionagent.co.uk or visit www.auctionagent.co.uk.

Soaring Demand for Properties in Greater Manchester

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