Chester Property Market Update | September 2019
The team at Jordan and Halstead are passionate about the work we do, and keeping our clients up-to-date about the property market. We believe in giving our customers all the information they need to make an informed choice about their home and the market they are in.
In these Monthly Market Updates, I’ll take you through the way the property market looks in your area, so you can make informed decisions about your home, finances and when the right time is to buy, sell, let or rent your home.
Read on to find out how the property market in Chester is looking, and what you can do to make the most of the market in your local area.
In August 2019, the Chester market saw a decrease in the number of new instructions of around 15%, and overall saw over 2112 market instructions year to date.
However, we also saw an increase in the number of sales agreed over the course of the year of around 10%, with a total of 1410 sales agreed.
In the last 12 months, we also saw the average value of Chester properties drop by 5.3%, leaving the current average home value at £258,916.
All of this data tells us that this is a great market for buyers. If you’re considering buying for the first time, purchasing a second property or looking to expand your rental portfolio, now is a very good time in the market to do so.
Contact our team today to find out more about your options and see how you can take advantage of the current property market.
Thanks for reading,