Huddersfield estate agents report buoyant sales

Mar 2 2009 Huddersfield Daily Examiner

THERE is a glimmer of hope in the property market.

Estate agents in Huddersfield have reported a resurgence in buyer interest after two successful property auctions in the town.

Bramleys and Boultons both said most of the properties sold in excess of the guide prices when they held separate events at the Galpharm Stadium.

Bramleys, based at St George’s Square, said its first auction of 2009 attracted about 200 potential buyers.

All nine lots coming under the hammer were sold – most of them for more than the asking price.

Among them, a house at Forrest Avenue, Marsh, which was listed with a guide price of £125,000, sold for £147,000 while a residential property at Royds Street, Marsden realised £75,000 against a guide price of £65,000.

Properties at Virginia Road, Marsh; and Savile Park Street, Halifax, also exceeded their guide prices while another at Broomfield Road, Marsh, achieved a sale at the top end of its guide price range of £80,000 to £90,000.

A spokeswoman for Bramleys said: “The attendance was a good turnout given what is considered a tough market.

“The sale of all nine properties proves that the market is still moving, with people still on the lookout for a bargain.”

Boultons, which has offices at John William Street, said most properties at its February auction sold for above the guide prices.

Among them, Cleckheaton-based Clough Corporate Services sold a property on behalf of Age Concern at Cross Church Street.

The guide price was £100,000 to £150,000 – but it sold for £247,000.

Mike Sellers, partner at Boultons, said that 20-odd commercial and residential properties auctioned all sold for more than the reserve price by about 10% – netting a total sales value of about £1.65m.