A leading independent Warwickshire estate agent has recorded its strongest start in more than 15 years – and believes a string of factors will see property values continue to rise.
ehB has taken more than 25 Leamington properties on to its books since the start of the year and is experiencing record levels of interest.
Edward Bromwich, who runs the firm which has offices in Leamington and Warwick, said the fixed election term and continued growth in the manufacturing sector should see a positive year for the property market and the local economy across Coventry and Warwickshire.
“Traditionally election years have created a bit of a vacuum when it comes to property sales, but the fact that we all know when it will happen has removed much of the uncertainty, which is positive,” he said. “That combined with the fact that people feel there is not a massive difference between the two major parties, has largely reduced the impact.
“There is also no question that the buoyant economy – especially in manufacturing and engineering – has made a difference and we are noticing more people who are moving from elsewhere across the UK, looking for properties in and around Leamington who have secured jobs locally.
“Coventry and Warwickshire last year attracted more inward investment per head of population than any other area of England and that brings people to the region, which in turn drives demand.
“Markets of all sorts can be unpredictable, but this has been a very encouraging start to the year for us and I am sure it will continue at least in the medium term.”
The growth in the market has seen ehB expand its senior management team with the appointment of Clive Thompson, who has more than 15 years’ experience in the area. He has joined as office manager and will operate out of the company’s Leamington office.
Mr Bromwich added: “We have developed the business over the last year preparing for this growth. We have strengthened our rental department and recruited Josephine Wilcox-Smith into our sales team late last year.
“Clive is a very experienced and well respected property professional who is extremely well connected in this area. We are delighted he has joined and I am confident that he will help push the business forward in a very exciting year.”