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Southwell 2021 Property Market Review

Chris Pick, Business Development Manager and Valuer at Alasdair Morrison & Partners looks back over another interesting year in the Newark and Southwell housing market.

 

He starts: “I would like to say a huge thank you to all those clients who have entrusted us with selling their home in 2021. For many, this was a big decision to make, especially with the pandemic still present in our lives.

 

“The large number of messages, gifts and cards we have received this year has been a great testament to how hard the teams in the offices have worked to make it as stress-free as possible.

 

“2021 has been a record year for us with legal completions, and an average sale price of over 98.5% of the instruction price. This is due to our experienced sales consultants being able to give accurate valuations, ensuring we get the best price possible for each property.

 

“As we move into another year with the stamp duty land tax rush behind us, a lack of housing stock now means that every new instruction receives multiple viewings and offers. Our opinion is that this is unlikely to change in the near future as qualified buyers in all price ranges massively outnumber sellers. As I write this article, over 72% of our housing stock is already sold subject to contract.”

 

Chris finishes: “Finally, I would like to give a big thank you to Faye, Karen and Rebecca in our Southwell office for their support and professional attitude throughout the year.

 

“For anyone thinking of selling or buying in 2022, call us on 01636 813971 or 01636 700888 to arrange your free, no-obligation market appraisal and let’s get you moving in 2022.”

Chris Pick

04.01.22

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