According to various surveys, 2010 ended more with a whimper than a bang in the housing market. Astute observers may have noted the presence at the time of a large amount of frozen water, which might have had a marginal impact on activity :). However, January 2011 has already defied all expectations in terms of a fast start across the board. We were expecting heavy viewings in the student let sector (and got them from the 7th onwards) but valuations, offers, sales and lets have been flying in already. Saturday 8th Jan was fully booked by Thursday – something I have never seen in 15 years estate agency experience. Crucially for prices, the only slow area is property supply – Madison Oakley have listed only 7 new instructions and have been suggested by Rightmove to be the No1 agency in the area for instructions out of 68 agents so far in Jan.
Investors take note – two of our new instructions offer either superb buy to let returns or development potential. please contact us for further information or visit our website for full details.
Looking to sell in 2011? – our fees are not subject to VAT (now 20%) for instructions taken during January.