House prices still on the up?


According to the Land Registry, house prices in England and Wales are up by an average 3.45% since September last year (9.3% in London) with the average house price in September 2013 standing at £167.063. Many in the industry argue that this is a case of supply and demand: supply has contracted by 2% over the last two months whereas demand has increased by 3%. The market has undeniably been boosted by Help to Buy, low interest rates and changes in the mortgage market. Gross lending for the third quarter of 2013 was an estimated £49.3bn, a 17.6% increase on the second quarter of 2013 and a 32% increase on the third quarter of last year.

Sales are up 17% in the year from July 2012 to July 2013, although it is taking slightly longer for stock to move, with an average period of just over 8 weeks on the market before an offer is made. It remains to be seen how much further prices can rise before buyers dig their heels in.

Free Instant Valuation

Are you thinking of selling, or just looking to know how much your property is worth? Try our new online valuation tool, it only takes seconds.

Click here


Big changes are afoot in Exminster following the acquisition of Partridge Estate Agents.

Click for more details

Find out more about our region

By limiting our market to properties in Exeter & the surrounding towns and villages, we don't stretch ourselves too thinly and can offer our customers genuine insider knowledge of the local property scene.

Download guide

What Our Clients Say About Us

Click below to see some recent testimonials.

Click here

Guide to moving home

If you've not moved before or just want to check on some recommended suppliers to help your move go smoothly then have a look at our online magazine.

Click here