Director of Hunters West Hampstead, Gideon Gold reports a changing marketing over the last year and a very positive start to 2014, saying,
“Since May of last year, we have seen the market change dramatically. A real lack of supply against demand has driven prices up around 10% in the last year with some roads achieving &1000 per square foot.
The beginning of 2014 has seen more multiple offers and buyers constantly outbidding each other whilst the beginning of March has seen a surge in supply and demand remains as strong.
Properties are being sold without going on the market, sold within an hour and sold on the first day of marketing. The key is having enough properties to sell at the present moment to meet the demands of the ready and waiting buyers we have. We could certainly do with more properties - it really is a great time to sell".
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