Sales
Letter from the Home Counties
Supply is still struggling to keep up with demand as overseas buyers come out in force, reports Julian Amos...
Farmhouse near Guildford, Surrey (OIEO £1.6m)
PCL values rising by £383 a day as average price hits record high – Cluttons
There's been a few hefty stats emanating from the Cluttons camp this morning. Here's a quick rundown:
Prices in prime Central London rose by 2.3% during Q1
116% jump in units awaiting planning consent
It appears that developers are capitalising on the build-up of confidence in London's prime resi market, with reports of a massive boost in the number of units awaiting planning consent.
Stock down by 70% as Cotswold market hibernates
The daffodils have already been and gone but there's sill no sign of many new instructions in the glorious Cotswolds yet, according to The Buying Solution.
PCL “remains robust” as prices rise again in March – Knight Frank
Average prices in prime central London rose again last month, according to Knight Frank, as activity "remained robust". The firm recorded a rise of 0.
Agents on tour as country property exhibitions hit the road
Tempting buyers with the promise of fresh air, a slower pace of life and bags and bags of space, country property exhibitions are definitely the flavour of the month this April.
Open house event welcomes in £78m worth of offers
We thought £50m in a day was pretty tasty, but Strutt & Parker has now upped the amount in offers generated by last Saturday's Open House Day - to a mammoth £78m.
One million property transactions forecast for this year – Ernst & Young
George Osborne's plan to get the housing market moving seems to actually be working.
Smart Casual: Strutt & Parker Open House Day brings in £50m worth of offers
Saturday's perfect viewing conditions tempted buyers out from under their duvets in their droves, according to Strutt & Parker, and it sounds like they brought their chequebooks with them.
YOUhome makes waves with Wellstead & Wellstead acquisition
Dorset-based agency-to-watch YOUhome (co-run by ex-Hamptons International boss Jeremy Priestley) has beefed up its sales and letting business by acquiring independent firm Wellstead & Wellstead.
Miserable March drove valuations and instructions down 30% – D&G
The unusually long-tailed winter had a big impact on last month's sales valuations and new instructions, according to Douglas & Gordon, who saw a chunky 30% drop off on last year's numbers.
Bidder Beware: Why sealed bids are rarely best or final
The best buyer does not always emerge from the sealed bids process, so why are some agents so keen to push the envelope, asks James Bailey...
You hear a lot about "sealed bids" in prime central London.