Davidson Estates has become the number one agent for February in Birmingham’s Edgbaston area after successfully selling seven properties in the last few weeks.
The increased activity – with sales associate Daniel Miles leading on most of the sales – has also seen Davidson Estates taking on 12 new instructions in its core area, equating to a top market share of 14.6%.
This all comes as a huge demand for a low supply of housing has seen record prices for properties in the B5, B15 and B16 postcode areas.
These include a four-bedroomed, detached house on Selwyn Road listed at £650,000 that received seven offers, with five of them either for or over the asking prices, before the vendor settled on a sale.
Meanwhile, a two-bedroomed, ground floor flat at Jacoby Place on Priory Road sold after just 11 days in a cash-only sale for its asking price.
Over in Foster Way, a two-bedroomed apartment listed at £125,000 has already received seven offers after huge interest and numerous viewings, while another on Niall Close was listed last Saturday and was sold subject to contract by Tuesday after six offers.
Ben Davidson, the founder and director of Davidson Estates, explained how the latest Rightmove statistics for the 1 to 27 February period had clearly positioned his company at the top of the league.
He said: “There is a real shortage of properties in the prime areas of Edgbaston, and that means that we have been able to attract some really competitive offers.
“For the right kind of houses, apartments and flats, there are buyers out there willing to at least meet, and in many cases offer more than, the asking prices.
“In short, there has never been as good a time to sell, as the huge demand means that Edgbaston properties are regularly recording record prices.”
Davidson Estates has now refurbished and reopened its head office at 14a Frederick Road in Edgbaston, while it also has another office at Unit 2 in Liberty Place, Sheepcote Street.
Read more of the latest developments in our new edition: March 2022 Issue Form – Show Home Magazine (yourshow-home.com)
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Roshini Bains,
Editor, Showhome Magazine
Tel: +44 (0) 1622 823 922
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