Board Services Have Resumed

We are pleased to confirm our return to service as of Monday 11th May onwards.

With a wider understanding now of the relevant health risks, we will be implementing the following guidelines for our operators:

Social distancing measures observed at all times
Hand sanitisers to be carried by all operators and used regularly
No knocking on vendors doors/interacting with vendors unless absolutely necessary
No visiting of branches
Face coverings/masks to be worn where possible
One person per van, unless those people live in the same household

Please ensure your customers are aware that we will be enforcing strict social distancing to protect all involved. We politely request they do not approach our operators, and boards are left in easily accessible locations for collection when required.

Thank you to all our clients for their continued patience during this time.

Yearly round-up 2019

With 2019 behind us it is time to reflect on the events and figures that have shaped the UK property market in the past 12 months.

January

We witnessed a strong start to 2019 with national figures showing buoyant month on month increases. New listings ‘For Sale’ sat at a record 113.1% and figures for properties ‘Sold’ were also up year on year at 45.6%. As we looked back over the Property Activity Index’s historical data, figures showed that the increases were in fact more robust than those recorded in the same period of 2018 and 2017.

January’s top performing region was East Anglia. Following three consecutive months of decline, figures for new listings bounced at 156.7%. The increase in new listings across the region was the largest on record for January. Figures for properties ‘Sold’ remained true to trend at 59.8%. A buoyant market was also reported in the South West with new listing ‘For Sale’ at 124.5%. However, year on year figures for new listings had fallen across the region.

February & March

Following a buoyant start to the year, February’s data revealed a mixed market. Figures for properties ‘Sold’ remained true to trend at 16.9% but figures for properties coming on to the market fell at -0.7%. However, while figures for new listings were impacted by January's spike, yearly figures did show a greater level of activity in the market during 2018 with new listings at 2.7%.

As we headed in to March the Property Activity Index revealed a promising start to the spring market. Figures for property ‘Sold’ rose to 16.9% while new listings ‘For Sale’ sat at 15.3%. Again, the index’s historical records showed the increase in figures to be greater than those recorded in the same period of 2018.

The upward trend continued across all 12 regions. Scotland sat at the top of the leader board with record best month on month increases for March. New listings ‘For Sale’ sat at a robust 41.8% and properties ‘Sold’ at +32.4%. The North East followed suit also recording record best figures for properties ‘Sold’ at 35.3%.

April & May

Moving in to April we witnessed the usual downturn in activity with figures for properties ‘Sold’ sitting at 6.7% and new listing ‘For Sale’ at -4.6%. However, over a three-month rolling period figures showed more stability with new listings at 2.9% and properties ‘Sold’ at +7.8%, but year on year figures did record a decline.

May saw a spike in activity with new listings ‘For Sale’ climbing back at 19.5%, while properties ‘Sold’ rose to 10.4%.11 of the 12 regions recorded by the index reported increases in new listings ‘For Sale’ and all 12 regions reported increases in properties ‘Sold’. London sat at the top of the leader board with figures for new listings ‘For Sale’ at 26.6% and properties ‘Sold’ at 21.1%. The index’s historical figures also showed a year on year increase.

 

June to September

June revealed an unexpected dip across the UK property market. New listings ‘For Sale’ fell at -1% as did figures for properties ‘Sold’ at -3.1%. London remained at the top of the leader board with new listings at 21% but year on year figures were down.

July saw and an unexpected spike in property sales with figures for properties ‘Sold’ at 3.8%, a record high for the month. New listings ‘For Sale’ fell at -2.4%. However, yearly comparisons showed the decline be less than those recorded 12 months previous.

The down turn continued in to August with new listings at -7.8% and properties ‘Sold’ at -6.3%. While a seasonal adjustment was expected, the month on month decline in figures was greater than those recorded in 2018, where properties ‘Sold’ sat at -3.6% and new listings at -6%.

September revealed a marginal increase in the number of properties coming on to the market at 0.1% but a decline in properties ‘Sold’ -2.6%.

October & November

September’s trend continued through October with national month on month figures for Properties ‘Sold’ at 8.1%, while new listings ‘For Sale’ fell at -3.2%. A seasonal fluctuation in activity is expected in October but according to the index’s historical records figures were far greater in 2018, with new listings at 10.6% and properties ‘Sold’ at a record best 20.7%.

November’s data remained true to trend with figures for properties ‘Sold’ at -8.7% and listings ‘For Sale’ -7.4%. London was the only region to buck the trend reporting increases in both new listings ‘For Sale’ at a buoyant 42.8% and properties ‘Sold’ at 5.7%.

December

The latest data from the Agency Express Property Activity Index has, as expected revealed declines in December’s property market. Remaining true to trend new listings ‘For Sale’ fell at -13.2% as did properties ‘Sold’ at -24%.

Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said: 

As the UK’s largest estate agency board service provider, we are the first to witness growth in the UK property market. The services we deliver are closely tracked and monitored via our estate agency board management system Signmaster3. We collect board movement data 24hrs a day 7 days a week, from a property being placed on the market to completion of sale. As a result, we are able to share this information with you and compare what is happening on the streets to what is being reported by financial institutions. Over the past 12 months we’ve witnessed a mixed property market with some unseasonal peaks and troughs, but figures have remained robust year on year.

 

 

 

Monthly % Changes for December 2019

% Changes for Oct - December 2019

New Listings
% Change over last 12 months vs Previous 12 months

Properties Sold
% Change over last 12 months vs Previous 12 months

New Listings Properties Sold
Dec 19 Dec 18 Dec 19 Dec 18
NATIONAL -44.4 -50.8 -33.6 -41.1
Central England -46.8 -49.5 -23.6 -40.9
East Anglia -55.2 -56.4 -38.5 -46.1
East Midlands -28.6 -42.6 -30.9 -40.5
London -71.7 -72.3 -43.2 -37.8
North East -36.4 -39.7 -29.2 -45.4
North West -28.7 -48.3 -36.4 -46.2
Scotland -36.3 -49 -32.9 -45.2
South East -50.3 -53.1 -35.4 -37.5
South West -39 -50.4 -34.9 -41.6
Wales -43.7 -34.5 -30.3 -38.7
West Midlands -38.2 -39.3 -33.9 -35.7
Yorks & Humber -33.9 -48.5 -26.2 -35.7
New Listings Properties Sold
Oct -
Jul 19
Oct -
Dec 18
Oct -
Dec 19
Oct -
Dec 18
NATIONAL -17.5 -17.3 -11.3 -11.3
Central England -18.9 -16.2 -8.2 -10.7
East Anglia -17.1 -21.7 -11.8 -15
East Midlands -16 -16.6 -7.6 -10.6
London -16 -16.9 -10.8 -12.7
North East -16.9 -15 -11.8 -9.2
North West -13.2 -17 -11.6 -12.6
Scotland -22.9 -17 -18 -12.4
South East -14.8 -16.1 -11.1 -10.1
South West -18.7 -18.8 -10 -11.1
Wales -19.5 -14.9 -13.1 -10.1
West Midlands -18.8 -16.5 -11.3 -9
Yorks & Humber -19.1 -15.1 -10.4 -9.1
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