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Exceptional Homes today announced the launch of a new index designed to gauge the level of unsold luxury property in Surrey. The Exceptional Homes Unsold Property Index for Surrey will track the number of unsold properties on the open market offered at £1 million of greater on a monthly basis.

Exceptional Homes Regional Director for Surrey Mr Russell Taylor (F.N.A.E.A) said:

“We believe this Index is going to be an important gauge of sentiment and activity in the luxury property market in Surrey. £1 million plus properties make up a very significant sub-set of the Surrey market, and as the only agent dealing exclusively in this area we are uniquely placed to conduct this research. The Index will be an important indicator as to market conditions and also of the performance of the regions’ estate agents.”

Exceptional Homes Founder and Managing Partner Dr Jeremy Howard said:

“Our company was formed to provide an excellent service at a reasonable price exclusively for an exclusive section of the market. Providing quality statistics on this market is just one way we can help our customers to make the right decisions at the right times. We hope that over time our Index will become an important indicator of future as well as current price and volume trends.”

Note to Editors:

About the Exceptional Homes Unsold Property Index for Surrey:

Analysts at Exceptional Homes use a constant sample set of estate agents and portals to compile the Index. We strip out any properties that ‘under offer’ or ‘sold’ and we do not count ‘price on application’ listings. We also include only those properties that are for sale with full service estate agents (i.e. no private listings).

About Exceptional Homes:

Exceptional Homes was founded by former Deutsche Bank Managing Director Dr Jeremy Howard in May 2007. It caters only to properties priced at £1 million or above (or the equivalent in USD or Euros). The company charges a flat 1% fee for all sole agency instructions. The company’s HQ is in Chertsey, Surrey.

ENDS

Visit the Exceptional Homes website at www.exceptionalhomes.co.uk

For further information contact:

Mr Russell Taylor (07980 300 300) at Exceptional Homes, russell.taylor@exceptionalhomes.co.uk

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