Reading Property Market Update – November 2024
By Charlie Higgs – Owner Village Properties
Reading Property Market Set For a Buoyant Winter
Village Properties, Estate Agents and Letting agents in Tilehurst Reading, have been trusted by local people to help them buy and sell their homes for more than 40 years. Over the years we’ve seen just about every high and low the local property market has seen.
This wealth of local knowledge and experience gives us a fabulous insight and understanding of the local Reading market, which we enjoy sharing with our clients in our monthly updates.
Buoyant Winter Market Predicted
With recent budget uncertainties now behind us and mortgage interest rates continuing to dip, the local property market in Tilehurst and across Reading has seen a notable increase in activity. This unexpected surge comes as a pleasant surprise, especially given the traditionally quieter lead-up to Christmas.
Buyer activity has significantly increased since the budget announcement, releasing pent-up demand that had been stifled by earlier uncertainty. The relatively minimal impact of the budget on the property market, combined with the Bank of England’s recent interest rate reduction from 5% to 4.75%, appears to have encouraged both buyers and sellers to move forward with their plans.
This is welcome news for house hunters, who now feel more motivated to restart their property searches. Many market experts anticipate that this renewed confidence will lead to a busier-than-expected property market as the year winds down.
This Month’s Feature Video
Recently Listed Homes by Village Properties
Here are just a few of the properties recently listed for sale from our Tilehurst Office –
House for Sale – Guide Price £850,000
House for Sale – Reading – Guide Price £700,000
House for Sale – Reading – Offers Over £675,000
House for Sale – Reading – Guide Price £525,000
House for Sale – Reading – Guide Price £485,000
To see the very latest homes coming to the market, click ‘New to market homes’, this lists all of the very latest homes as they come to the market.
Or see our ‘Recently Sold Properties’.
Considering a Winter Move?
If you are thinking of buying or selling a home in Tilehurst or the surrounding areas of Reading, please feel free to call me for an informal chat, I’ll be pleased to help you if I can.
You can also book a Face to Face Valuation, or use our Instant Online Valuation tool.
Thank you for reading
Charlie Higgs – Village Properties Tilehurst
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