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 In fact, this is the case across the country, as the number of property transactions on a seasonally adjusted basis that took place in February was six per cent higher than during the same month last year.

 Sales also increased by an impressive 4.5 per cent from January to February 2020, according to the latest UK Property Transactions Statistics from HM Revenue & Customs.

 On a non-seasonally adjusted basis, the number of UK residential transactions rose by 6.6 per cent over the 12-month period.

 The findings showed the provisional seasonally adjusted estimate of UK property transactions was 103,870 for residential and 11,150 for non-residential.

 According to the figures, there has been consistent growth in house sales over the last two decades, apart from the drop from late 2007, which was the result of the financial crisis. Since the lowest point in 2008, it has steadily risen, showing just how strong the UK housing market currently is and how demand remains high.

 As a result of this, the number of new-build properties being registered to be constructed rose by 81 per cent from 2009 to 2019, according to the National House Building Council (NHBC).

 Indeed, 161,022 homes were registered to be built last year, with a significant portion of these properties being in the West Midlands. The rate of construction of new-builds grew by 169 per cent over the decade, making it the area with the biggest increase in new homes in the UK.

Alexander Jacob - Letting and Estate Agents in Retford