April has been an incredible month for the Property Partner Resale Market. At the beginning of the month we closed the market to share important price sensitive updates, all of which you can find here. We have seen some of our busiest days trading ever and we wanted to update you on where the action has been.
Please note: all data is correct as at 12am, 1 May 2019
Resale Market activity by region
To calculate the Change in value of shares percentages shown above, we compared the 30 day weighted average share price at the end of March 2019 with the weighted average share price at the end of April 2019. During April, a significant amount of price sensitive information was released, including revaluations and dividend adjustments.
It is interesting that London has remained stable in spite of the sentiment in the wider London market. The 39 properties on our platform in London have traded on average £4,063 since the market reopened, although Jubilee Mansions and Flats 1, 5-7 Tower Mint have had the lion’s share with over £20,000 traded each.
The Picture Works in Nottingham is the main reason for a 1.29% drop in the East Midlands. Without this property the change in the region’s value of shares has actually increased by 1.46%.
PBSA leads the way in terms of volume traded since the market reopened with an impressive £218k worth of shares changing hands in April. On average, PBSA properties continued to trade at a premium to their latest valuations continuing a long term pricing trend. East of England comes in last, with only £11,507 traded in April with Vista Towers in Stevenage the main drag on this region’s change in share price.
Top 10 traded properties
Here are the 10 properties that have been traded the most during April 2019:
| Property | Change in share price | Volume traded | Latest valuation change | Dividend yield adjustment |
| Viaduct Works, Huddersfield | -0.08% | £76,695 | – | – |
| Golden Hill Fort, Isle of Wight | 5.67% | £59,916 | +0.19% | – |
| Birley Moor Heights, Sheffield | 3.59% | £51,512 | – | – |
| Heritage Court, Dinnington | 3.95% | £38,585 | – | – |
| Ty Glyn, Bangor | 1.50% | £28,743 | – | – |
| Flats 1, 5-7 Tower Mint Apartments, London | 1.61% | £25,901 | -1.00% | – |
| Verney Street, Exeter | 0.08% | £24,361 | – | – |
| Marco Island, Nottingham | 6.21% | £24,271 | +0.65% | +0.75% |
| Fairchild House, Southampton | -0.31% | £22,303 | – | – |
| Barton Court, Warrington | 2.17% | £21,511 | – | – |
Data in italics relates to changes in dividends yield and latest valuations released during the April close period.
Information correct as at correct as at 12am 1 May 2019
Biggest increases in share price
Here are the 10 properties that have seen the biggest increase in share price during April 2019:
| Property | Change in share price | Volume traded | Latest valuation change | Dividend yield adjustment |
| Norman House, Derby | 12.18% | £16,598 | +1.82% | – |
| Whitewell Road, Frome | 9.49% | £15,920 | +4.21% | – |
| George Road, Halesowen | 8.84% | £14,522 | +5.57% | – |
| Friars Way & Abbotsmeade Close, Newcastle | 8.57% | £19,600 | +1.09% | – |
| 5 Scholars Way, Romford | 7.55% | £3,379 | - | +0.50% |
| Stokes Mill, Stalybridge | 6.31% | £18,783 | – | – |
| Station Road, Redhill | 6.29% | £2,717 | – | – |
| Marco Island, Nottingham | 6.21% | £24,271 | +0.65% | +0.75% |
| Hamilton House, Liverpool | 6.04% | £4,614 | – | – |
| Prospect Court, Market Drayton | 5.91% | £12,333 | – | – |
Data in italics relates to changes in dividends yield and latest valuations released during the April close period.
Information correct as at correct as at 12am 1 May 2019
Biggest decreases in share price
Here are the 10 properties that have had the biggest decrease in their share price during April 2019:
| Property | Change in share price | Volume traded | Latest valuation change | Dividend yield adjustment |
| Premier House, Edgware | -36.08% | £1,808 | -24.62% | – |
| The Picture Works, Nottingham | -26.09% | £5,944 | -15.25% | – |
| Spencer Parade, Northampton | -6.77% | £2,303 | +1.29% | -1.25% |
| Vista Towers, Stevenage | -4.93% | £1,401 | – | -1.00% |
| Flat 22 Rubicon Court, Romford | -3.49% | £1,863 | – | – |
| Pierpoint Street, Worcester | -3.42% | £5,305 | – | – |
| Northfleet Lodge, Woking | -3.22% | £298 | – | – |
| Carlisle Mews, Gainsborough | -3.17% | £5,253 | – | – |
| Stafford Vere Court, Woodhall Spa | -2.78% | £8,470 | – | -1.00% |
| Riverside House, Bourne End | -2.52% | £1,776 | -4.07% | – |
Data in italics relates to changes in dividends yield and latest valuations released during the April close period.
Information correct as at correct as at 12am 1 May 2019
Capital at risk. The value of your investment can go down as well as up. The Financial Services Compensation Scheme (FSCS) protects the cash held in your Property Partner account, however, the investments that you make through Property Partner are not protected by the FSCS in the event that you do not receive back the amount that you have invested. Past performance is not a reliable indicator of future performance. Forecasts, if stated, are not a reliable indicator of future performance. Interest and capital returned may be lower than expected. Gross rent, dividends, and capital growth may be lower than estimated. 5 yearly exit protection, exit on platform, exit in line with a specific investment case or fund strategy, subject to price and demand. Property Partner does not provide tax or investment advice and any general information is provided to help you make your own informed decisions. Customers are advised to obtain appropriate tax or investment advice where necessary. Financial promotion by London House Exchange Limited (No. 8820870); authorised and regulated by the Financial Conduct Authority (No. 613499). See Key Risks for further information.