
Modest price increases continue through the Spring, so how much is your property worth today? π°
#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
Latest from Rightmove's House Price Index:
πΉ Momentum of the Spring selling season exerts some modest upwards price pressure
πΉ Pent-up demand from would-be buyers who paused their plans last year is a key driver behind increased home-mover activity
πΉ The number of sales being agreed during the first four months of the year is 17% higher than last year, out-stripping the 12% increase in the number of new sellers coming to market
πΉ The average price of property coming to the market for sale reaches a new record of Β£375,131, rising by 0.8% (+Β£2,807) in May
πΉ Despite positive indications, 154 days from offer to completion is painful
πΉ 62 days to find a Buyer
πΉ 154 days to complete an offer
πΉ You want a Xmas 2024 move, you need to take action now!
** Vendors beware! Properties that need an asking price reduction take 3 times longer to secure a Buyer! **



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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
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