Estate agents are reporting a new buzz in the West Norfolk property market.
Some agents in Lynn, Downham and Hunstanton are cautiously hoping to see a return to the good times after four difficult years after a busy month with high numbers of viewings and sales.
The Royal Institution of Chartered Surveyors reported a turn in the market as buyers returned in their biggest numbers in four years.
Gary Davison, who manages Millsopps’ branch in Lynn, says prices are not rising yet but is seeing more first-time buyers taking the plunge after saving up their deposits.
He said: “It has been a lot more consistent. Older stock which has been on the market for a while is selling. People are interested and that is a sign that things are moving on.
“There is more of a feel-good factor.”
Mark Lock, who manages the Lynn branch of Russen and Turner, has been enjoying a busy year and estimated prices have crept up between one and 1.5 per cent.
Mr Lock has reported an increase in the number of sales at the higher end of the market.
He said: “We have noticed a real change with more confidence in the market and people are buying property.
“People always need to move and I think the economy is levelled out. West Norfolk has a micro-climate, we don’t see the big peaks and troughs.”
Rounce and Evans, which covers Hunstanton, Dersingham and Snettisham, have seen an increase in first-time buyers.
But valuer and lister Simon Meyer says that there are a lot of people who are not keen to jump on the property ladder.
He said: “Activity has increased but it is going to take a while.”
Staff at Downham’s W H Brown have had a busy month.
Market appraiser David MacDuff said any price increases have been negligible.
He said: “We have had an extremely busy time. It has been a record month for the number of properties on the market and house sales. There is some way to go before we are back to the golden years.”