January has seen a flurry of activity throughout all of our offices, a large number of viewings arranged, houses selling and the valuers across the company have been flat out busy listing homes throughout County Durham. This is also true of activity in the land and new homes department. One such example is a development site that has been on the market with another agent, we were contacted by the landowners who were struggling to get any interest, and after a brief discussion, provided a solution meaning that the development of 12 new homes will be coming to the market towards the end of summer 2020.
We have also had a record number of sales agreed for individual plots throughout the region - ranging in value from £20,000 – 170,000 proving that confidence has returned to this area of the market as well. Self-building in Durham is popular and the demand far outstrips the desirable supply meaning that if you are sitting on a plot, or indeed a large garden that has potential for development, then please get in touch! Furthermore, we always a range of house builders and developers of all sizes on our database who are in the market with money to spend.
Land and New Homes Department 0191 3791060