Sales in PO9 by quarters

It is the time of year when we can reflect on how the last four quarters have performed. The chart below splits the total number of sales for all property types into quarters. Not surprisingly, last quarter of 2015 was the strongest quarter with 289 sales (38.6%) in PO9. The first quarter of 2016 saw 225 sales, which equates to 30.1%.

2.png

3.png
 
 
PO9 flat and house prices

The last 18 months have seen a seismic shift in the underlying dynamics of the UK economy. While the long term effects of Brexit on property prices remain to be seen, price levels in PO9 remain robust, as the adjoining chart shows. Prices for flats have increased 10.9% since April 2016 and house prices have increased 14.2% since May 2016.