Selling in a sellers' market | CPS Homes

Selling in a sellers' market

Amanda and her team at CPS Homes

With house prices on the rise and a newfound confidence amongst buyers, Amanda Trinder, Sales Manager at our Albany Road, Roath branch, describes the impact the sudden boom has had on the area she covers. 

Without question, the housing market is a sellers' market at the moment. Demand is far outstripping supply, and prospective buyers are ready and waiting to snap up the next property to come onto the market. Nobody wants to miss out, so a lot of people have alerts set up to automatically e-mail or SMS them as soon as a property that fits their search criteria is listed. We’re regularly agreeing sales within a week of the house or flat going live, such are the levels of interest we receive within the first 24-48 hours.

Claiming Roath back for the family market

The period houses Roath has to offer, coupled with the fact the area falls within the catchment of schools like Cardiff High School, makes it a highly sought after place to live. In years gone by, students shared the area in equal measures with families and professionals of all different ages and cultures, but the closure of UWIC’s university campus on Colchester Avenue in neighbouring Penylan in 2011, combined with the creation of larger houses and purpose-built accommodation in nearby Cathays and the city centre, has seen student numbers in Roath dwindle in recent years.

Nowadays, families are reclaiming the area as their own again, and the old tightknit feel is back. That’s another plus point for Roath; you simply don’t get its sense of community spirit in newly-built areas. Y Rhath, as it’s known in the Welsh language, is well-established and has history, which undoubtedly increases its appeal to buyers. It’ll take years and years for other Cardiff areas to catch up to it.

I recently sold a house on Angus Street to a couple moving to Cardiff from Portsmouth. Their son had been a student in the area a few years ago and used to speak highly of Roath when chatting to his parents. They were so taken with his positive words about the area, they ended up buying there!

Amanda joined CPS Homes in 2013, having been Sales Manager at Darlows’ Roath branch for over 8 years. During that time, she oversaw more than 2,000 sales transactions. 

If you own a property in Roath, or indeed any area in Cardiff, and are considering selling, please don’t hesitate to call Amanda on 02920 454555 or e-mail her via amanda@cpshomes.co.uk

18 July 2014

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