Hertfordshire Estate Agents Prepare for a Promising First Quarter as House Prices in Hertfordshire Increase

In a promising start to the new year, the housing market in Hertfordshire is experiencing a notable upturn, with house prices rising by 0.4% in December. Greenhill Estates, a prominent estate agent in the region, is gearing up for a positive quarter 1 amongst this encouraging trend.

One of Greenhill Estate’s Stunning Properties Sold in Bishop’s Stortford

The latest data indicates a significant surge in property prices in January, where the average asking price for homes witnessed a substantial increase of £4,500. The study, covering properties across the United Kingdom, revealed a month-on-month rise of 1.3%, bringing the average property price to an impressive £359,748.

This surge in property prices coincides with a noteworthy rise in the number of new listings hitting the market. Compared to the same period last year, there has been a substantial 15% increase in the volume of new properties available for sale.

Hannah Green, Founder of Greenhill Estates, expressed her insights on the positive market dynamics. She stated, "It's great to see positivity in the housing market. More people selling their homes shows that people feel confident about buying and selling properties. Additionally, we've noticed a notable increase in rentals, reflecting a dynamic and diverse housing landscape. At Greenhill Estates, we're happy to be part of this busy and exciting time, helping people find the homes they've always wanted, whether through buying or renting.

As the demand for housing continues to drive the market forward, Greenhill Estates stands ready to assist both buyers and sellers, providing expert guidance and personalised service to navigate the evolving property landscape.

About Greenhill Estates

Nestled in the heart of Hertford, a place hailed as one of the best areas to reside in the UK, Greenhill Estates is your gateway to an expansive property network spanning across Hertfordshire and North London. Their comprehensive range of property services includes Residential Sales, Lettings, Land and New Homes, ensuring all your property needs are met under one roof. As Hertfordshire house prices continue to rise, Greenhill Estates remains dedicated to facilitating seamless transactions and providing expert assistance in the dynamic property market.