Twitter Facebook RSS FEEDS

Welsh property sales double

Monday, 20 April 2009 3:37 PM

According to one Welsh estate agency twice as many properties have been sold in March compared to the start of the year.

Darlow's Welsh Property Index found the number of properties sold in 15 branches across Wales had increased by 46 per cent, with prices rising to an average £122,177, compared with £106,245 in January 2009.

The total number of listings increased by 29 per cent in March 2009 from the beginning of the year, with the Cardiff branches seeing their listings increase by 16 per cent, and the regional branches seeing a huge 38 per cent increase.

Thomas Ross-Bason, sales director of Darlows, said: "These figures are extremely encouraging and show the start of the upturn in the market. For example, the number of first-time buyer purchases is up 137 per cent across our Wales branches - an increase by a huge 450 per cent in Cardiff and 33 per cent in the regional branches.

"Properties are taking longer to sell but it is evident that, as a company, we are selling more and prices are edging up. This is a strong indicator for the rest of the property industry in Wales."

Related stories

Expensive house sales more than doubled in the past year.

Sales of million-pound properties double in a year

Properties worth £1m plus experienced a significant jump in sales between 2009-10.

 mountains

Sales of property in Scotland slump

The number of properties being sold in Scotland has dropped dramatically - though some regions have fared better than others.
Cardiff Bay boardwalk

Welsh councils need to identify land for housing

More than half the councils in Wales have not identified enough land to meet housing needs over the next five years.

 Boris Johnson

Boris slammed over affordable homes 'double-count'

Labour accuses London mayor’s adviser of counting 16,000 homes twice to boost administration’s record.
The HMRC said completed sales are down by 11,000 between 2010 and 2011.

Property sales still stuck in first gear

HMRC reveals dip in transaction to second lowest level since records began.

 Edinburgh

Property sales stabilise but outlook still mixed

Severe weather in December failed to stop house hunters viewing properties and parting with their cash.
Before the credit crunch property sales were averaging more than 1.6 million a year.

Property sales hit high for the year in November

HMRC figures show 85,000 sales in UK but total for the year so far still down on 2010.

 High housing demand in Wales has long been a concern.

Welsh first-time buyers buck national trend

Welsh first-time buyers are enjoying more success getting mortgages, according to figures released today by the Council of Mortgage Lenders (CML).
Grant Shapps recently made TV architect George Clarke an official advisor. Image:Allstar

Shapps pledges to double self-build homes

TV celebrities back housing minister's package of support for people who want to build their own home.

 Most of the £1m-plus sales were in London with only Elmbridge in Surrey making the top ten.

Decline in sales of £1m-plus homes

Sales of seven-figure homes fall five per cent but still rising further up the scale, says Lloyds TSB.

Search property

Headlines

Directory

Alaris

Alaris Logo
Alaris specialise in quality Bathrooms and Kitchens along with many other unique products for your home. The range of kitchens, kitchen worktops and bathrooms is extensive and the highest quality so you are sure to find what you want. New bathroom furniture, bathroom suites, taps, showers and cabinets are added regularly.

Bathrooms365

Bathrooms365 Logo
Bathroom365 supply all areas of your new bathroom - leading-edge designed bathroom suites, stylish bathroom taps and showers, all styles and forms of shower enclosures and a vast collection of bathroom furniture.

Fitmykitchen

Fitmykitchen Logo
Fitmykitchen are specialist suppliers of kitchen appliances, sink taps, waste bins and furniture. So whatever you want from kitchen sink taps to waste bins look no further than fitmykitchen, UK, the specialist suppliers of kitchen appliances, stainless steel sink taps, waste bins and kitchen furniture.

MyStampDuty

MyStampDuty Logo
We help people buying property all over the UK to minimise Stamp Duty Land Tax on residential and commercial property. If you are looking at purchasing a new home or business premises over £500,000, contact us today by completing the form on the right

Oak Furniture Land

Oak Furniture Land Logo
For hardwood furniture, including Solid Oak, Mango, Mahogany, Sheesham, Acacia, Ash and Birch, look no further than Oak Furniture Land.

Rated People

Rated People Logo
Whatever type of home improvement or garden remodelling project you have, Rated People can help you to identify the right tradesmen for the job in a way that is quick, easy, convenient and, as it is based on real-life recommendations, trustworthy.

Residential Land

Residential Land Logo
If you are looking for short or long term rentals in Central London, Residential Land have a portfolio of over 1200 flats and houses in the best postcodes across the Capital.

Simply Bedrooms

Simply Bedrooms Logo
Simply Bedrooms, a part of Sleepwell Bedrooms Ltd, supplying quality beds, wardrobes, sliding door wardrobes and bedroom furniture at low prices and great service, London and Home Counties Specialists.

Door Handles UK

Door Handles UK Logo
Door Handles UK is the UK's largest online range of Door Handle accessories, Door Hinges, Locks and Latches and so much more and all at genuine internet prices. We have a wide range of Chrome, Brass and Glass Crystal Mortice door knobs in both traditional and contemporary designs, whatever your taste and budget you will find a design to suit.

Woodlands Furniture

Woodlands Furniture Logo
We are an established family business situated in rural Herefordshire specialising in beautiful handcrafted classic reproduction furniture. Our comprehensive ranges are readily available from stock.

WowBBQ

WowBBQ Logo
Welcome to the World of Weber. We are the largest independent online Weber BBQ retailer in the United Kingdom. WOWbbq.co.uk is a Weber Partner Store and can give you the best advice for all your Weber BBQ needs.

Join our directory aboutproperty.co.uk

Twitter

Join the conversation at #aboutproperty

Directory articles

A guide to finding the right kitchen sink

When redesigning a kitchen or giving the room a makeover, it is important not to forget about the less obvious aspects of the space. Kitchen sinks are an essential fitting, but often overlooked, despite the fact there is a wide choice of styles available.

Useful tips to help find a flat in London

Looking for flats in London can be a frustrating process, given the capital's size, demand for rental accommodation and varying prices. It is vital, therefore, that you do plenty of research and act quickly to ensure you get the place that you want.

What do you need to consider when buying a mattress?

If you looking for a new mattress, you need to get the decision right, as getting it wrong could impact on your overall health and wellbeing. As well as comfort and size, you also need to consider other points, such as any health issues you may have.