Book a Property Valuation
logo

Regional Property Market Update Autumn 2021: East Midlands

Posted on: Tuesday, September 7, 2021


Price growth strong across all regions

Annual property price growth in the East Midlands is significantly stronger than a year ago, as the shortage of property to buy continues to support prices. Agents across the region report the current sales to stock ratio remains high (RICS), with properties selling in just 34 days (Rightmove). 

Double-digit property price growth is evident in 28 areas of the East Midlands. Derbyshire Dales and North East Derbyshire are currently the strongest performing areas. 

 

 

Surge in sales 

It is estimated 880,000 property sales took place across the UK in the first six months of 2021, the highest half year total ever recorded and 50% higher than the same period in 2019 (HMRC). It is anticipated sales will top 1.5 million over the course of the year. Buyers have been spurred on by a desire for change and financial savings as a result of taxation ‘holidays’, with over 60% paying no tax on their purchase. 

In the East Midlands, the most active housing markets over the past year have been in Harborough and South Northamptonshire.

 

East Midlands Autumn regional property market report house price statistics UK

 

Space to be

The search for space continues to drive many buying decisions. As businesses adopt more flexible ways of working, blended working patterns are set to become the norm for many, and personal wellbeing has shot up the agenda. The local environment, gardens, greater internal square footage and a demarcated space to work from home, all continue to be deemed more important property features in a new home.

 

 

 

 

Properties for sale in the East Midlands region of the UK

Market Harborough, Leicestershire, 4 bedrooms

executive family home in Market Harborough Leicestershire

This extended four-bedroom family home occupies a generous corner plot with wrap-around gardens to the front and side. Inside, the home provide a spacious open-plan kitchen, dining and living room, ideal for modern family living. The property also offers off-road parking and a garage.

 

Rushden, Northamptonshire, 5 bedrooms

private leafy family home in rushden northamptonshire

This stylish and contemporary family home offers a sun-worshipper's paradise in the rear garden, where there is plenty of entertaining space with an open aspect across the fields beyond. The current owners have transformed the original house to provide a wonderful kitchen with a huge island/breakfast bar, complemented by a Range oven and pantry/larder. In this five-bedroom home, there is also a family and dining area, which offer two roof lanterns and two sets of bifold doors overlooking the rear garden.

 

Epworth, Lincolnshire, 5 bedrooms

beautiful family home with driveway gardens in epworth lincolnshire

This outstanding executive detached family home is situated within a well establish and highly regarded development that comes within walking distance to the town centre. The beautifully presented and versatile accommodation comprises an entrance hallway, a cloakroom, a fine main living room, a study, a formal dining room, a stylish fitted kitchen, a utility room and a rear sun room.

 

Contact us

Make the most of double-digit property price growth with the best estate agent in your area. Contact your local Guild Member today.

 

GET AN ONLINE VALUATION

 

What Our
Clients Say

"

I would highly recommend Hardings. Their knowledge of the local area is outstanding, and they give honest and reliable advice. They have always been my partner of choice when buying and selling.

Rhiannon Prothero

"

Have used Hardings for many year on both personal and commercial property deals. Have always found them to be transparent, honest, authentic, and a pleasure to work with. Will continue to use in the future.

TB

"

I would highly recommend Hardings Estate Agents. They have excellent knowledge of Windsor and the surrounding areas, and are extremely professional, responsive and courteous. I would not hesitate to using them again the future. I recently dealt with Milica who was instrumental in securing us our new home in Windsor as well as the sale of our existing property. She was a fab negotiator and a real pleasure to work with from beginning to end. Thank you!

Jonathon Beresford

"

Hardings of Windsor managed our purchase with complete professionalism and went over and above in my opinion to manage the transaction and chain, resulting in a really smooth purchase. Milica at Hardings constantly provided timely updates and managed respective solicitors and the chain effectively, always responding quickly to queries. The whole transaction would not have happened without Milicas' focus on making all parties comfortable and satisfying all queries, not only professional but a delightful and welcoming personal approach that was a constant throughout. Thanks Hardings! Thanks Milica!

Stuart Blatch

"

I would recommend using Hardings estate agents when buying or selling your property. Dominic (Scully) was always available, helpful and genuinely interested in my purchase and always calm and compassionate. If I ever move again my first choice will be Hardings.

Cath Powell

"

Dom and the team at Hardings were so helpful and efficient when I purchased my flat - friendly and professional service and kept us up-to-date the whole way through the process. It was my first time buying and so was very nervous but they helped me feel at ease.

Freppell

"

We bought and sold through Hardings and can't recommend their professional service enough. The whole Team are really lovely, we were kept informed throughout the process and never had to chase anything.

Natalie Quint

"

I used Hardings when I bought my property as well as when I sold it and the service has been fantastic both times. I very much recommend Hardings!

Therese Jouini

"

We recently purchased our new home with Hardings Estate Agents. The whole team there were very helpful and flexible with us, arranging viewings quickly on the same day. They were always quick to respond and if ever our point of contact was not there, the service did not change as they work well together as a team. We received a personalised service, which allowed the sale to proceed quickly. Thank you all and we recommend Hardings Estate Agents without hesitation.

Mike B

"

What a pleasure it was to deal with Milica from Hardings. She sourced the perfect property for me and my family (while we were still abroad) and worked endlessly to put the deal together. I would give more than 5 stars if at all possible!

C D

"

Fantastic customer service and made what could have been stressful a total breeze. Dominic and Louisa were brilliant in helping me and my parents buy and sell our houses - reliable, helpful and thoughtful. Thank you!

Eloise Harris

"

Thank you, Dominic and Louisa - having not moved for over 30 years you helped me all the way, step by step. You were always polite, communicative, reassuring and very supportive. Would recommend Hardings wholeheartedly.

Anna Bowen
How Much is Your Property Worth?

How Much is Your Property Worth?

A senior member of our sales team will visit your property to discuss current market trends and how your home; based on size, condition and location should be pitched to achieve the best possible price and buyer. Coupled with an excellent understanding of the local market we do a detailed analysis of what else has sold and what is coming onto the market so we can give you the best chance to capitalise on your biggest asset.

Book a Valuation