East Molesey Market Update

Whats happening with house prices in East Molesey?
Published on:
February 3, 2015
Categories:

According to Zoopla statistics, the current asking price for a property for sale in East Molesey is £766,459 and that property values have increased 6.9% in the past year alone, go back to 5 years ago and property values in East Molesey have increased by a staggering 27.4%.

For those who purchased a property at this time in East Molesey for £550,000 (approximate average value at that time) your property could now be worth in excess of £700,000!

There has been a lot of speculation as to how the property market will change with the looming general election. In fact, there are now more buyers looking to purchase a property with a fixed rate mortgage before the anticipated rise in interest rates. As local estate agents in East Molesey we can confirm this is exactly what is happening. The property market isn’t as complicated as some popular media streams may lead us to believe, it’s a simple case of supply and demand… When demand increases for property in your area, house prices can only go one way!

If you would like to know more about property for sale in East Molesey, the local market or would like to know more about our 0% launch commission rate (available until 7th March 2015). Please call us on 0208 396 6717 or email us at info@newtonhuxley.co.uk

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