#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk
🔸 Average asking prices increased by 0.8% (+£2,929) in April to £373,971
🔸 This is slightly below the long-term April average of 1.2%
🔸 The market is described as “surprisingly resilient” despite higher mortgage rates
🔸 In simple terms, the market is moving - but it is not moving blindly.
🔹 Mortgage rates rise, but the market adapts
🔹 Average two-year fixed mortgage rate has risen to 5.42%
🔹 Up from around 4.25% earlier in the year
🔹 Normally, this would slow things down significantly.
🔹 But there are counterbalances:
🔹 Average earnings are up 3.9% year-on-year
🔹 Buyers can now borrow more due to lending rule changes
🔸 Supply remains high, keeping sellers competitive
🔸 The number of homes for sale is at an 11-year high for this time of year
🔸 This has a direct impact:
🔸 Buyers have more choice
🔸 Comparisons are sharper
🔸 Pricing mistakes are exposed quickly
🔹 Buyer demand is steady, not stretched
🔹 Buyer demand is 7% lower than April 2025
🔹 But context matters:
🔹 2025 demand was unusually high due to stamp duty changes
🔹 2026 levels are consistent with February and March trends
🔸 Sales activity remains strong
🔸 Sales agreed are only 3% lower than this time last year
🔸 Despite higher mortgage rates and more stock, transactions are still happening.
One line summary: This is not a shortage market, it is a competitive one.
🔍 What this means for Nottingham sellers
🔹 The market is active
🔹 Buyers are still moving
🔹 But competition is shaping outcomes
🔹 The first two weeks of marketing are critical
🔹 Correct pricing drives early momentum
🔹 Overpricing leads to stagnation, not negotiation
🔹 Accuracy beats optimism
🔹 Strategy beats timing
🔹 Preparation beats reaction
🔹 April is not about chasing the highest price
🔹 It is about securing the best outcome
Thinking of selling in Nottingham this spring? Now is the time to understand exactly where your property sits.
Cavendish Residential provides:
✅ Evidence-based valuations using live comparable data
✅ Insight into buyer demand in your price bracket
✅ A clear strategy to generate early interest and strong offers
The winners are the sellers who position their property correctly from day one.
If you would like to know what your Nottingham home is worth right now, contact Head Valuer Lisa (lisa.dahl-parsisson@cavendishproperty.co.uk) for an up-to-date valuation and a clear plan to get you sold 🤝
📸 Lisa Dahl-Parsisson, Head Valuer and Asset Manager at Cavendish Residential 📸
☎📧🗨
🌟 Instant online valuation (immediate response, 60-70% accurate)... Click
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🌟 Remote consultant valuation (24-hour response, 80-90% accurate)... Click
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🌟 Face-to-face visit (time to suit you, 100% accurate)... Email expert valuer lisa.dahl-parsisson@cavendishproperty.co.uk to get started 🌟
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#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 |
www.cavendishproperty.co.uk