The Solihull Property Blog- A Weekly update- Week Two

The Solihull Property Blog- Week Two- Best Estate Agents Solihull

Estate Agents Solihull: Positive Developments Amidst Cold Weather and Negative Predictions

Headlines

Solihull Housing Market Shows Signs of Growth Despite Negative Predictions

34 New Properties Come onto the Market in Solihull, Indicating Ongoing Interest

Sellers in Solihull Remain Optimistic with 19 Price Reductions Reported

 

Despite reports of a sluggish U.K. property market and predictions of a prolonged recession as predicted by the Lloyds Bank CEO, the Solihull housing market saw positive developments in the second week of January. Despite the cold weather and ice scrapers, 34 properties came onto the market in both B90 and B91 postcodes, a sign of ongoing interest and activity in the area. Additionally, 19 price reductions were reported, indicating that sellers are still optimistic about moving and adjusting to being more competitive in the market. Amidst the negative predictions, these developments suggest that the Solihull housing market may be picking up.

B90

In the B90 postcode, the detached market saw six new instructions and six price reductions reported this week. The average house price for detached properties in this postcode was £514,540. The semi-detached market also had a strong showing, with six new instructions and five price reductions reported. The average house price for semi-detached properties in this postcode was £404,086. The terraced market saw a solid week, with nine new instructions reported and no price reductions. The average house price for terraced properties in this postcode was £223,111. The bungalow market had a steady week, with two new instructions and two price reductions reported. The average house price for bungalows in this postcode this week is £467,500.

B91

In the B91 postcode, the detached market saw five new instructions and five price reductions reported this week. The average house price for detached properties in this postcode was £734,000. The semi-detached market had four further instructions and one price reduction reported, with an average house price of £490,000. The terraced market saw one new instruction reported, priced at £240,000. The bungalow market had one new instruction priced at £425,000.

Overall, it’s clear that the Solihull housing market is showing signs of activity and potential for growth, despite the negative predictions and cold start to the week. With 34 new properties coming onto the market and 19 price reductions reported, there is a sense of optimism and determination among sellers to make a move. As estate agents in Solihull, we think it’s essential to keep an eye on these trends and continue to work hard to help buyers and sellers navigate the market. Click HERE for our guide.

Check out further advice and tips below-

Looking to downsize this year? here are some vital tips.

Kerb Appeal- The top ways to make your Solihull home stand out!

 

As Solihull’s top-rated estate agent on Google, Check out what our clients are saying in our reviews sections HERE.

 

Share this:

I recently purchased a property through Horton & Storey. Justyn and Emma were very approachable throughout, ensured I was kept up to date with any relevant information. Thank you all at H&S

Horton and Storey were the agent we chose for selling our property and we were very pleased with them, from the first visit to the close of business, house sold! Always interested in our needs, and professional in assessment, advice, and service. We enjoyed their continued involvement throughout and are pleased to recommend them to all future sellers.

Having recently sold my property through Horton & Storey, I have only the highest praise for Justyn and' All The Team'....ALWAYS kept up to date.....ALWAYS returning any phone messages......ALWAYS remaining polite and professional even when I occasionally put them under a little pressure. Highly recommended.5 star service.

Having recently sold our property through Horton & Storey, i would highly recommend them to anybody looking for an Estate Agent. Professional and thorough throughout the process, we was always kept up to date at every stage. Excellent Service.

Sa Iq (Purchaser) Very friendly and professional estate agents. The nicest agents we dealt with in our search for a proper

Tom and Justyn at Horton & Storey are an absolute joy to work with. Their knowledge, experience and expertise from the start set us at ease and made the process from start to finish an awesome experience. I would definitely recommend them!