We are delighted to announce that H Tiddy successfully exchanged on over £28.2 million worth of property during 2018.
H Tiddy is the most dominant agent with around a 72% market share in St Mawes and a 20.8% total market share covering The Roseland Peninsula and The Cornish Riviera. 43% of our sales were on The Peninsula (St Just in Roseland to Tregony), 34% in the exclusive coastal village of St Mawes and 23% in The Cornish Riviera (Portholland, Gorran Haven, Mevagissey and St Austell Bay). Last year was not without it’s challenges: political uncertainty, the weather (the “beast from the east” in early spring), the lack of economic growth, Brexit and a limited supply of property coming to the open market, being the main contenders. Despite these issues, the total number and value of properties we sold has remained very similar to previous years.
There are a number of reasons as to why H Tiddy remains successful in our long established history. We are very lucky to be based on The Roseland, ‘the jewel in Cornwall’s crown’ and an Area of Natural Outstanding Beauty. St Mawes, located on the tip of the peninsula, feeds house price growth in the area. There is a limited supply of properties available at any point in time and there is a healthy demand and choice of willing and able buyers when the right property becomes available. This means that our market is relatively recession proof. For example, the London market has been experiencing a downturn for the last couple of years or so, where as we have experienced house price growth (albeit at an inflationary level) during the same period.
We are recognised specialists in our niche market, which enables us to provide a very knowledgeable and comprehensive service. All our staff live in or near the area and know it extremely well. Our staff are extremely experienced and have dealt for many years in both “sellers and buyers markets”. In fact, four individuals within H Tiddy worked, in our opinion, in the worst market ever in the early 1990’s when interest rates reached 17%. Anyone remember Black Wednesday, September 1992? We do! Our experience and knowledge along with our enthusiasm, professional advice and tenacity is paramount towards our success and reputation as a company and why we are proud to say we are the number one agent in the area.