Have House Prices Risen Or Fallen In January?

We understand that your home is not just a property; it's a part of your story and sometimes making a home move is all about doing it at the right time and feeling informed, so in this video we offer you important insights into the property market!

Here at The Avenue, we believe in keeping our wonderful clients informed with what is happening in the property market đźŚźâś‰ď¸Ź 

In this video, we dive into the Derbyshire property market, covering crucial information on all things including mortgages, buyer demand and the abundance of homes listed during January 2024.

Property Market Hightlights:

-Busiest January in the last 4 years.

-Confidence is building in mortgage lenders, deals can be found as low as 3.9%.

-The interest rate is predicted to sit at around 3% within the next year.

- In the East Midlands, for the month of January, we have seen an increase of 1.2% for house prices.

-For our local area the overall stock level sits at 1,282.

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With the latest property data from Rightmove now released, we wanted to share both the national picture and what we’re seeing locally here in Amber Valley. There’s no doubt that the market has cooled in recent months, but it's far from at a standstill. As your local estate agent, we’re here to guide you with clarity, not confusion.

First impressions count. If you’re looking to move within the next 60 days, here’s how to prepare your home for a premium marketing shoot and give buyers every reason to fall in love from the first click.

As the autumn season unfolds, the UK housing market is showing fresh signs of life and the latest data from the Rightmove House Price Index provides a clear picture of where things may be heading next.

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