COVID-19

Suspension of Board Services

In line with UK Government directions, Agency Express will suspend all board services to our clients with immediate effect. We appreciate the disruption this will cause, but we must ensure the safety of our franchised operators, valued clients and members of the public.

Signmaster3 will continue to be available for you to list your requests, and we will notify you as soon as we are able to commence work once more.

Any concerns please contacts us on enquiries@agencyexpress.co.uk or 01508579800

Thank you for your continued support.

New listing figures slow in February 2020

Following a booming start to the year, the latest data from the Agency Express Property Activity Index has revealed mixed activity across the UK property market in February.

National month on month figures for properties ‘Sold’ sat at a robust 12.8%. Figures for properties coming on to the market fell at -0.6% but activity remains on trend year on year.

Looking at performance across the individual regions recorded by the Property Activity Index, all twelve regions reported increases in properties ‘Sold’ but only six reported increases in properties coming on to the market. 

Scotland sat at the top of this month’s leader board with new listing ‘For Sale’ at 20.9% and properties ‘Sold’ at 22.9%. While this month’s figures are buoyant, historical data shows a greater level of activity in 2019.

London followed suit with figures for properties ‘Sold’ at a 22.5%, marking the largest increase for the month since 2017. However, the greatest decline in this month’s index was also recorded in the capital. Following a bounce in activity during January, month on month figures for new listings in the capital fell to -10.4% and to -17.5% over a three-month rolling period. 

Other regional hotspots in this month’s index included:

New listings ‘For Sale’

  • East Midlands 6.6%
  • Yorkshire and Humberside 4%
  • North East 1.7%
  • Central England 1.2%
  • West Midlands 0.8%

 Properties ‘Sold’

  • Central England 18.2%
  • Wales 15%
  • East Midlands 14.2%
  • South West 13.8%
  • South East 13.2%

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

We typically see figures plateau in February following the January spike, but the latest data from the Property Activity Index has shown a marginally slower moving market compared to 12 months previous. Nevertheless we have seen a resurgence in activity when compared to the back end of last year, which leaves us in good stead for forthcoming months.

Monthly % Changes for February 2020

% Changes for Dec - February 2020

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
Feb 20 Feb 19 Feb 20 Feb 19
NATIONAL -0.6 -0.7 12.8 16.9
Central England 1.2 -6.2 18.2 12.9
East Anglia -7.6 -7.5 6.8 11.2
East Midlands 6.6 0.2 14.2 15.1
London -10.4 -9.4 22.5 18.7
North East 1.7 -2.9 10.4 18.9
North West -1.6 7.8 5.4 17.3
Scotland 20.9 24.7 22.9 27.7
South East -0.6 -7.2 13.2 21.1
South West -1.5 -6 13.8 19.7
Wales -7.6 0.4 15 10.9
West Midlands 0.8 -8.8 13.4 10.6
Yorks & Humber 4 16.8 11.2 23.4
New Listings Properties Sold
Dec -
Mar 20
Dec -
Feb 19
Dec -
Feb 20
Dec -
Feb 19
NATIONAL 3.6 1.6 4.2 0.1
Central England 6 -1.7 10.8 -1.8
East Anglia -2.1 1.4 5.1 -1.8
East Midlands 13.1 9.1 8.1 3.5
London -17.5 -23.1 4 1
North East 11.2 4.4 3.7 -0.7
North West 2 5.1 -0.4 -1.9
Scotland 7.9 2.6 5.6 4.9
South East -0.6 -3.3 2.3 0.1
South West 10.6 1.8 2.1 -1.6
Wales 3.2 10.4 6.1 1.3
West Midlands 6.2 5.7 -0.2 -1
Yorks & Humber 10.8 11.6 7.5 3.9
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