Leading Worcestershire estate agent Nicol & Co has agreed 56 property sales in the Droitwich area during March and April, more than 27% higher than the same period last year.

The value of properties sold in the last two months totalled just over £19 million, nearly 36% higher than the £14 million achieved in March and April 2022.

Neil Randle, sales and lettings director at Nicol & Co’s Droitwich office, explained that the asking prices achieved were also healthy at 99.8% in March and April 2023, against 103.92% in the same period of 2022.

Mr Randle said: “These figures are an important indicator of the strength of the local market, despite what some economists are saying.

“The sales agreed in March and April 2022 were strong figures in themselves, and they came at a time when property experts were talking about ongoing growth.

“But in March and April this year, despite doom mongers predicting a property downturn, here at Nicol & Co we have actually improved on last year’s figures.

“In terms of property sales agreed, we recorded 56 this March and April against 44 in 2022, an increase of more than 27%, and this growth reached nearly 36% when comparing the total value of properties sold.

“This clearly shows there is ongoing demand for properties, while the asking price achieved figure of 99.8% indicates that we are delivering the value that sellers want in almost all cases.

“While there are economic uncertainties around at the present time, our experience in and around Droitwich is that bricks and mortar continue to be as sound an investment as ever.”

Anyone interest in buying, selling or renting properties in the Droitwich area can contact Mr Randle at Nicol & Co’s Droitwich office on 01905 799702 or email neil@nicolandco.co.uk.

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For further media information or interviews, please call:

Matt Nicol, Managing Director, Nicol & Co, 226 Worcester Road, Droitwich Spa, WR9 8AY

Tel: 01905 799072

Notes to Editors

Established in 2009, Nicol & Co is an award-winning estate agency offering advice on sales, lettings, new homes and land purchase. The company combines the latest in digital media with traditional high street courtesy and service to provide the perfect blend of old and new technology.

Prepared and issued by ASAP PR – 07990 978257.