Page 8 - Redbrik: Lifestyle Magazine Autumn and Winter 2018
P. 8

they were in the South, with a comparatively modest average price increase of 21 per cent since 2011. That’s left some price momentum fuel still in the tank in these regions and means that the current momentum has the mileage to carry on. That compares to the seven-year 40 per cent plus price binge seen in London and its commuter belt neighbours of the South East and East of England, which is the cause of their current indigestion.”
It’s perhaps not surprising then, that so many of the homes we market are going to ‘best and final offers’, the process where you have multiple bidders looking to secure the same property, creating a mini auction within the ‘normal’ method of sale
Set against the backdrop of a regenerated Sheffeld City Centre with Heart of the City II starting to take shape, and the Northern Gateway, Elder Way and Waterside projects
that is referred to as Private Treaty.
At Redbrik we are up in every single measure of our business year-on- year, seeing a 16 per cent increase in viewings, 20 per cent rise in offers and 25 per cent more people choosing
to market their home with us. So with high demand for homes and a lack of property available on the market, it has perhaps never been a better time to sell.
It is not just the sales market that is performing well either. Rents are up 1.0 per cent (Yorks. & Humber) and 2.7 per cent (East Mids.) from last quarter and properties are moving faster in our regions (Yorks. & Humber 36 days, East Mids. 32 days) than in the Greater London area (40 days) too.
  in Chesterfield, our regions are really shaping up well.

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