Category: Property Market Updates

Whether we are heading to the polls again in a few weeks’ time for the third time in five years remains to be seen, but the political parties should remember that it is more than Brexit on people’s agendas. A recent poll from Ipsos MORI for the Chartered Institute of Housing found as many people…

This week is ‘National Growing for Wellbeing Week’, a celebration of the positive impact of growing your own produce for your physical and mental wellbeing. While there are estimated to be around 300,000 allotments across Britain, many people utilise space in their household garden. The average size of a UK domestic garden is 14sqm and…

A report put out by Broomfield Parish Council in April 2019 revealed 97% of people living in Broomfield wanted to stay. And more than 90% said the tranquillity, openness, wildlife, views and the natural break between Broomfield and other settlements was the biggest reason they loved living in the village. So, with that level of…

Chelmsford house prices Like much of the UK, Chelmsford transactions are down on the previous year as sellers and buyers both tentatively sit on their hands, waiting to see what emerges from the UK’s EU exit. From January 2018 to January 2019, transactions in Chelmsford were down 9% on year, with 3,733 sales in the CM postcode area. Over…

The appeal of Chelmsford to property hunters shows no sign of waning – good schools, great commuter links into London, the open green space of Essex and a wide variety of properties available to buy are all great reasons to buy in the city. Property for sale in Chelmsford Chelmsford’s Victorian and Edwardian properties in areas like…

We established a month ago that Chelmsford buyers put square footage high on their property wish list – or at least a good number of bedrooms. So, if you’re thinking of selling your home, it could pay to take stock on the space you have and consider adding more square footage to boost your property’s…

Over the last 5 years, we have seen some interesting subtle changes to the Chelmsford property market as buying patterns of landlords have changed ever so slightly. The background to this story was the recently published set of buy-to-let (BTL) lending statistics. Roll the clock back 12 months and 6,700 BTL mortgages were granted (in…

With the Government preparing to control tenant’s deposits at five weeks rent, Chelmsford landlords will soon only be protected in the event of a single month of unpaid rental-arrears, at a time when Universal Credit has seen some rent arrears quadrupling and that’s before you consider damage to the property or solicitor costs. It can’t…

Chelmsford property values are currently 3.8% higher than at the end of 2017, notwithstanding the uncertainty and threats over the potential impact of Brexit in 2019. This has exceeded all the predictions (aka guesses) of all the City of London economists, in an astonishing sign of strength for the local Chelmsford and wider national economy….