paragraphSelling homes like yours, for over 175 years
ELR is synonymous with the sale of quality homes throughout the Peak District and surrounding regions. We are proud of our heritage, first established in 1840, and have been involved in selling some the regions finest homes for over 175 years.
We are a multi faceted, fully independent agency offering residential services, RICS surveys, and public auctions. We embrace our role as your local estate agent building lasting client relations throughout our network of offices. Contact one of our experienced team, who will take the time to discuss your individual requirements.
Sales - We have an extensive list of registered buyers waiting for properties and advertise on key property websites. We offer a personal service, tailored to your needs incorporating high quality marketing material, professional photography, video tours and accompanied viewings 7 days a week.
Lettings - We provide a range of services from fully managed to let only from our Hathersage and Bakewell offices. We are ARLA registered and have a wealth of local knowledge.
Surveys - Offering RICS accredited surveys and valuation advice throughout the region. Our survey department has superb breadth of knowledge in all property related matters.
Auctions - Our thriving auction department continues to go from strength to strength, with our auctions held locally at the Maynard arms in Grindleford.
TEL 01433 651888, email email@example.com
paragraphMARKET UPDATE - Summer 2017
The strength of the local market has not been halted by the recent election, in fact sales continue to move ahead at a great rate, with figures being slightly ahead of 2016. Historically, any potential political change would at least slow down the market, albeit for a limited period, with confidence returning some months later.
The fact that no change has been apparent, is due to the continuing shortage of stock, and the incredibly good mortgage deals currently available. In my time in the business, money has never been cheaper to borrow, and the steady price rises we are seeing, has given confidence to buyers to 'make a move'. The core market range of £250,000 - £450,000 continues to see the highest level of sales, with lower value homes being less attractive, due to increased stamp duty costs putting off investors, and First Time Buyers being able to borrow more, for less.
The average price of 'sales agreed' in ELR (2017) is around £312,000, this is significantly higher than we saw in the 'boom' period of 2006 / 2007, where prices were around £270,000. This is more down to a shift in buying trends, rather than increased prices, although most property types have now returned to their peak values seen 10 -12 years ago (some property 'hot spots' in the Peak District and South West Sheffield are now achieving their highest ever prices)
The need for 'best and final' offers is becoming more and more prevalent, and it isn't uncommon to be receiving 5-10 offers on some properties. This creates obvious difficulties and frustrations for potential buyers, although does get the best price for sellers. In most cases, if you haven't sold your own property, or have funds in place, viewing a property can be a pointless exercise.
The ongoing issue with limited supply is likely to continue for the foreseeable future, so I can see no great change in market conditions throughout 2017, with property continuing to sell quickly and for around, or in some cases above, the asking price.
paragraphVillage of the week.....Castleton
Castleton is one of the most beautiful villages in the Peak District. It has an array of natural and historical features both above and below ground, and is surrounded by superb walking country. Whatever the weather Castleton has something to offer everyone. High above the village stand the imposing ruins of Peveril Castle. The castle was completed in 1086 for William Peverel, a favoured knight of William the Conqueror (although there is no proof that he was William's illegitimate son as is sometimes thought). Castleton has a full range of facilities for the visitor - whether it be cosy inns or welcoming B&Bs, self-catering cottages or well-stocked pubs, cafes or outdoor and souvenir shops. There is a Tourist Information Centre near the centre of the village, with a small museum about life in the area in times gone by, and adjacent to this, a large visitors' car park.