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07/10/09 - House Prices Continue To Rise!

UK house prices rose for the third consecutive month in September and showed the first quarterly increase for two years, according to the Halifax.

The average home rose in value by 1.6% in September compared with the previous month, to £163,533 and prices in the three months to September increased by 2.8% compared with the previous quarter.
The Halifax, now part of Lloyds Banking Group, said that increased demand and a lack of supply were key to the rise.
Boxall Brown & Jones have noticed a marked increase in activity over the last couple of months and seem to be seeing a return to a much busier market.  Residential Partner Chris Birds commented ‘It is really encouraging to witness a healthy recovery in the market.  We really are seeing people beginning to think seriously about moving and we are achieving excellent prices.’
If you are thinking about putting your property on the market, please call Boxall Brown &Jones to arrange a’ free valuation’.

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