Property prices September 2015

Halifax recorded their most significant monthly house price index in 15 months, up 2.7% to August, rubbishing a 0.5% prediction. Annually prices are up 9%, again outstripping expectations.

These figures are very encouraging but as they are national there are obviously regional variations.

As ever, property prices are affected by supply and demand. In the areas covered by Movingworks offices: Longton and surrounding villages, Penwortham , Leyland, Chorley, Tarleton and Burscough supply is definitely lower than demand. This has led to increased buyer activity with more interested parties per property than this time last year.

Recent sales across the offices have seen many properties achieving very close to asking prices with sales being achieved in days rather than weeks.

For many buyers stamp duty is lower than this time last year and mortgage rates are very competitive.

It is anticipated that it will be a busy Autumn in the property market in the South Ribble Chorley and West Lancashire boroughs.

If you are interested in receiving more market news please sign up to our newsletter……

Last modified on Wednesday, 28 October 2015 16:05
back to top

About us

MovingWorks have been established in Longton since 2000

MovingWorks now have offices in Longton and Burscough with Personal Property Consultants covering Preston, Chorley, Leyland and Bamber Bridge.

Head Office

Address : 4 Bridge Court
Little Hoole, Preston PR4 5BF
Phone : 01772 615550