THE National Association of Estate Agents (NAEA) says there are now 10 buyers for every home on the
THE National Association of Estate Agents (NAEA) says there are now 10 buyers for every home on the market, according to a housing market report compiled last November.
It says the disparity between housing supply and demand grew larger in November as the number of house hunters rose by 20 per cent compared to the previous month.
With this in mind, one local agency, Strutt & Parker, is on the case with a planned National Open House Day at the end of this month.
Unlike a typical open house day — for just one house lasting only a couple of hours — Strutt & Parker’s open day enables buyers to view any house for sale from any of their 30 offices in England (except for those in London) all in one day. Buyers may view as many houses as they like between 10am and 4pm.
“If you are thinking of selling, this is the opportune time to put your house on the market,” says Alex Barton, partner at Strutt & Parker’s Pangbourne branch.
“The gap between supply and demand is common in winter as house hunters looking to buy in the new year register their interest before Christmas.
“Canny sellers should respond to this peak in demand and react now for the best chance to sell their home at a good price.”
Despite a lack of housing stock generally, the Strutt & Parker Country Department had one of its busiest Decembers on record in 2015, reporting more prime country houses priced above £2million going under offer during the Christmas break than any other year to date.
The agency said its National Open House Day on Saturday, February 27, will help sellers take full advantage of the current market conditions.
“We’ve picked this date as we know lots of people want to start their search at the beginning of the year,” says Barton.
“The great thing about it is that once viewers register, they don’t need any formal appointments. They can view any property, at any time, all on the same day, making life much easier for busy buyers.
“We have had some incredible stories of people just being curious about a house and not seriously considering buying, but going on to make an offer after viewing it on Open House Day.”
• STRUTT & Parker’s National Open House Day will be held on Saturday, February 27.
Whether you’re a buyer or a seller, contact Strutt & Parker’s Pangbourne office to find out more (visit www.henleystandard.co.uk/Â property/agents.php for details).
Full details of the following properties can be found on Strutt & Parker’s website.
HEDGES, UPPER BASILDON GUIDE PRICE: £875,000
THIS attractive family home is on a quiet lane and will suit buyers looking for a period property with character and charm.
Upper Basildon has an active community and benefits from the popular Red Lion pub, local church, primary school and post office, while Pangbourne, with its rail link to London, is less than three miles away.
WOODLANDS, SILCHESTERÂ GUIDE PRICE: £995,000
RECENTLY updated and extended, this house now offers a stylish family home in a stunning semi-rural location, yet not too far from Reading to enjoy its excellent links to London via road and rail.