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NEW YEAR REVIEW

 Jonathan Bye, director of Eric Lloyd & Co, is delighted to be able to report another very successful year with the total value of property sold during 2016 being in excess of £50 million.  The number of properties sold during the year was on a par with the number sold in 2015, which itself was a record breaking year.  The average value of property sold showed an increase of 6.5% when compared with the average value of property sold in 2015.  Jonathan commented that “if the results of Eric Lloyd & Co are reflected generally across the property market in South Devon it indicates that the effects of Brexit and the changes in stamp duty have had very little, if any, effect on the market in this area.”  Predicting what lies ahead for 2017 is however a little difficult.  A healthy pipeline of agreed sales remains in place which will keep the market moving during the early part of the New Year.  However what is critical for this momentum to be maintained is a continuing supply of new properties coming onto the market in the first few months of 2017.  If you are considering selling call Eric Lloyd & Co on Paignton (01803) 844466 or Brixham (01803) 852773 to arrange your free valuation.  During 2017 Eric Lloyd & Co has set itself a target of raising £5,000 for Rowcroft Hospice.  To launch this campaign we are donating up to £100 to Rowcroft upon the sale of every property listed in the first three months of 2017.       

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