It’s the second month in a row that property prices in the UK have increased, so it seems now is an ideal time to invest in your house using a Shrewsbury builder to further increase its value before putting it on the market.
According to property website Hometrack, house prices rose 0.1% in April and 0.2% in March. This is particularly cheering news for home owners, especially those contemplating building works, carpentry works, or property extensions with the help of a builder Shrewsbury and carpenter Shrewsbury, as this increase occurred regardless of the stamp duty holiday ending and the wet weather we’ve been having so far this spring.
In fact, demand among buyers was even higher, up 25% over the past three months.
London had the strongest sales, with property prices rising 0.3% in April. On average, houses in London are selling in 6 weeks – half the time it takes for houses in the north and west of the country. Of course, there are steps you can take if you live outside London to help boost the speed of your house sale, and a good place to start is by talking to a local Shrewsbury builder.
A builder or carpenter Shrewsbury will be able to advise you on any areas where you can add value to your home, before placing it on the market. For example, a fitted bathroom or new work tops for your kitchen, professionally installed by a Shrewsbury builder and carpenter could provide that “wow” factor many buyers seek.
The actual selling price has increased too, alongside the asking price. Richard Donnell, director of research at Hometrack said: “The proportion of the asking price achieved has moved up to 93.1%. This would indicate some recovery of prices,” The Independent quotes.
It isn’t only property owners who’ve received some positive news about the market, as the rental market was recently shown to be doing well too. When you combine these rises with a few practical home improvements that your builder Shrewsbury can carry out for you, you should be able to sell your home or rent your house for a decent amount.