UK Property Market Skyrockets in 2024: A 19% London Leap Leads the Charge!
The 2024 UK property market has showcased an unprecedented rally, outshining the early 2023 figures with significant sales increases across the board. Leading the pack, London has astounded with a 19% surge, setting a robust pace for the national property market's strength.
Not to be outdone, the South East and East Midlands regions are hot on London's heels, each posting a commendable 15.8% uptick in property sales. The competitive spirit continues with East Anglia and the South West, both marking a 12.9% increase. The North East follows closely with a 12.4% rise, while the West Midlands and Yorkshire & Humberside regions are neck and neck at 12.2%.
Wales and the North West are also partaking in this buoyant recovery, showing jumps of 10% and 11%, respectively. Even Scotland and Northern Ireland, with more modest increases of 5.2% and 6.6%, are contributing to the nationwide success story.
With more properties on the market than in 2023, setting a realistic price is crucial for those looking to sell. If you're considering selling your property, now might be the golden window you've been waiting for.
For those in the South East pondering a move, Cooke & Co Estate Agents offer a free, no-obligation valuation and expert advice to navigate this thriving market. Contact Cooke & Co at 01843 231833 to seize this opportune moment in the property market's vibrant landscape.
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About Cooke & Co
Cooke & Co, a liked and respected estate agency trading since 1992, is conveniently situated in the picturesque seaside district of Thanet. We proudly operate from our local offices in the region's primary towns, namely Margate, Broadstairs, and Ramsgate. Additionally, our extensive reach encompasses the charming areas of Westbrook, Westgate, Birchington, Monkton, Manston, and Minster. Our presence in these diverse locales enables us to offer an enriched understanding and comprehensive service to the property market in these prime coastal towns and villages.
Contact our offices at the following numbers:
- Margate Office/Area: (01843) 231833
- Ramsgate Office/Area: (01843) 851322
- Broadstairs Office/Area: (01843) 600911
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