KFH: Demand outstripping supply in Brockley

Estate Agents KFH are continuing to push Brockley in their analysis of the London property market. Their latest press releae, issued today, says Brockley's popular with first-time buyers and demand is outstripping supply...

Chris Early, Sales Manager at Kinleigh Folkard & Hayward’s Brockley branch comments:

“The property market here has remained strong over the last four weeks. We have seen the
lower end of the market pick up with sellers and buyers below £200,000 being very eager.

“First time buyers are loving Brockley at the moment, mainly because of its great prices and
great transport links. Buyers are becoming increasingly aware that they may have missed
their chance to buy at the lowest point of the market.

“Prices are beginning to rise in Brockley, sealed bids are back and every new instruction we
take on is rising in price. Stock is moving very quickly, and with interest rates still low, it is
unlikely that there will be a large influx of properties coming onto the market. Demand
will still outweigh supply for some time yet.”