How much is your Birmingham property worth? You should consider looking at what prices similar houses are on the market for in your area.
This is vital to what your house should be on the market for as you need to be offering a better quality home or a lower price than those that are stagnant on the market.
If you live in Birmingham, then you may be pleased to hear that property prices are on the rise. Getting a property valuation in Birmingham could reveal a higher figure for local homeowners than previously thought.
The world is talking about the housing market in Birmingham. Having seen a surge in the number of people moving from London to the second city rather than stay in their extortionate homes, it is safe to say that we are seeing the biggest “Boom Time” in 10 to 15 years.
Bobby Singh, co-founder of loveyourpostcode.com®, comments: “We are seeing an increase in inquiries from all over the world. Most of our new instructions are not being listed on property portals as they are being sold for the full asking price or over to private clients.
It’s worth bearing in mind there has been a 7% annual growth in house values, mortgage interest rates of around 2.00%, a chronic shortage of housing stock, the lowest level of unemployment and massive development in the city centre.”
According to the Office of National Statistics, the ONS, the East Midlands reported the fastest rise in the price of renting or buying a home in the past year. House prices in places like Nottingham, Leicester and Derby, increased by 7.5% by the end of July. We also saw rental price rise by 2.8% by the end of August, which are the fastest in Britain.
We aim to be the best estate agent, with the most experienced and professional team behind us. You’ve only got to read our reviews to get an understanding of how well we perform.
Love Your Postcode Estate Agents:
Birmingham Office Address: Colmore Row, Birmingham B3 2BJ
Love Your Postcode conduct more property appraisals in Birmingham than any other estate agent and with a 99% selling price average since 2014, it’s easy to see why.