SECTOR FOCUS: PROPERTY
PROPERTY MATTERS
This month SCOTT PARRY of Atwell Martin looks at the residential property market.
Back in June, the EU Referendum result generated a flurry of largely negative articles about its likely impact on the housing market. I’m happy to report that some normality is now returning. In fact, here at Atwell Martin, our viewing levels are up by 20% and new buyer registrations have increased by 30% year on year, indicating a certain confidence not being widely reported. What is clear is that we are entering a
‘What is
clear is that we are entering a phase where price matters’
phase where price matters. Buyers are more price conscious than ever and vendors need to reflect this in their pricing strategy if they are seeking to achieve a timely sale. This mirrors developments reported by agents in the London housing market over the last six to eight months. The Westcountry remains an aspirational place to
live. Locations in and around Plymouth give homeowners excellent lifestyle opportunities such as walking or cycling on the moor, sailing, swimming or
surfing on the coast and an underlying health and fitness subculture. Living close to Britain’s Ocean City also opens up a wide range of attractions centred around its historic and fascinating waterfront as well as first class facilities in health, education, shopping and entertainment. So it’s easy to see why Plymouth and its commuting range continues to offer long term potential for capital
growth.
ABOUT SCOTT PARRY Scott Parry is Residential Agency Manager at Atwell Martin, Plymouth. He brings 28 years of local agency experience in the South West, having honed his skills in all aspects of residential property. Scott's remit covers premium properties throughout Plymouth, its waterfront and the travel-to-work-area, including the South Hams, West Devon and South East Cornwall.
24 Chamber Profile September/October 2016
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