Why the value of your home has fallen further than you think
Matt commented in an article by David Byers about the state of the current property market. He says that, taking inflation into account, the average price of a property has dropped over 13% in the last five years.
In our market - Country houses, estates and farms - it is a mix picture. Demand is still high for farmland but super prime country houses are sticking and buyers are incredibly price sensitive. If. you are too ambitious initially be prepared for a long wait and significant price drops in order to achieve a sale.
Click here to read the article in full.