1
Mar
Estate agents 'seeing high demand for expensive homes'
There is currently significant demand for expensive properties in
the UK, it has been claimed.
According to Nigel Ellis, director at Pricket & Ellis, the
market for homes worth £600,000 and above is healthy and there
are not enough of such residences to go around.
His comments come in the wake of the release of statistics from
Primelocation.com, which revealed that annual growth for the prime
residence sector was six per cent last month.
The firm also showed that the typical price of a prime home in
Britain was £449,095, which was a rise of 3.7 per cent on the
same month in 2009.
Meanwhile, platinum property was found to average £618,706
last month.
Mr Ellis stated: "If a lot [of homes] came on the market we would
definitely have a drop in prices but ... I don't think that's what
is happening, no-one's having to sell, most people seem happy where
they are."
