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Following the UK lockdown announcement we can confirm we are still operating.

To remain COVID safe have implemented 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.

The seasonal slowdown sets in

Following a burst of activity in the UK property market during September, this month’s property market is subdued in comparison. Both national ‘For Sale’ and ‘Sold’ figures recorded declines, although seasonal adjustments during October come as no surprise.   Conversely national figures recorded by the Agency Express Property Activity Index shows that properties ‘For Sale’ have bucked the seasonal trend, falling by only -13.5%.  This is the lowest month-on-month seasonal drop for ‘For Sale’ properties since the Property Activity Index first records in 2007.

Month-on-month data recorded by the index shows that the number of UK wide residential properties achieving a ‘Sold’ status has dropped by -7.4%. Although we have experienced a robust property market throughout 2014, the Property Activity Index’s data shows that October 2013 saw a higher number of properties achieving a ‘Sold’ status, recording only a 0.9% drop.

Across the rest of the UK the seasonal trend continues. Out of the twelve regions recorded by the Property Activity Index all recorded declines for properties ‘Sold’ and eleven recorded declines in new listings ‘For Sale’. 

The regions that recorded the smallest declines were as follows:

 Properties ‘Sold’

  • East Anglia -0.80%
  • East Midlands -2.50%
  • South East 5.20%
  • South West -6.20%
  • London -7.40%

 New listings ‘For Sale’

  • Wales -2.60%
  • West Midlands -8.70%
  • North East +8.90%

This month’s top performing region was the North East. The rise of 8.90% in new listings ‘For Sale’ not only bucked the seasonal trend, they recorded their record best October and their largest increase in new listings ‘For Sale’ for three months.  

Agency Express Comments

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

October’s figures from the Property Activity Index are largely consistent with historic trends. As we head in to the autumn and winter months a seasonal slowdown is anticipated and we can often see slower activity right through to the end of January. Interestingly, although this year has seen a robust sales market the figures for properties ‘Sold’ year on year have declined.  It is unlikely that we will see any major increases during the latter end of this year; however it will be interesting to see how the market picks up in early 2015.

Monthly % Changes for October 2014

% Changes for Aug - October 2014

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

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

New ListingsProperties Sold
Oct 14Oct 13Oct 14Oct 13
Central England-12.1-21-10.30.8
East Anglia-12.4-6.5-0.82.4
East Midlands-19.2-14.4-2.5-4.3
North East8.9-24.4-9.9-5.3
North West-12.9-10.5-9.320.8
South East-19.4-17.5-5.2-4.5
South West-19.7-16-6.2-5.7
West Midlands-8.7-12.5-14-5.9
Yorks & Humber-14-11.7-10-15.6
New ListingsProperties Sold
Aug -
Aug 14
Aug -
Oct 13
Aug -
Oct 14
Aug -
Oct 13
Central England-0.7-3.8-0.95.5
East Anglia-2.8-
East Midlands-3.4-
North East-1.6-2.1-36.5
North West-5.9-5-3.79.6
South East-4.3-0.8-2.56.5
South West-4.4-
West Midlands-0.3-3.1-3.65.5
Yorks & Humber-6.3-4.4-40.3

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