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The thwack of tennis balls, the clink of a cup of tea and the slurp of a sucked strawberry are sounds that are synonymous with the perfect English summer – weather permitting of course. It seems that everyone in this area enjoys the Wimbledon season as a sporting event as much as a lifestyle aspiration….
This month’s market comment comes with a degree of optimism, but also with a gentle warning. But let’s get the bad news out of the way first. According to HMRC, UK residential property transaction volumes plummeted by 12.5% last month, down 2% on the year. This time last year, month-on-month sales were up 16.7% equating…
I want to reach out to you to let you know about a Free Landlord and Investor Seminar Emma & I are hosting on 14th June in Chelmsford. I have got some great speakers lined up for you to talk about all things property in Chelmsford, including a Property Developer, Accountant, Property Journalist & a…
I want to reach out to you to let you know about a Free Landlord and Investor Seminar Emma & I are hosting on 14th June in Chelmsford. I have got some great speakers lined up for you to talk about all things property in Chelmsford, including a Property Developer, Accountant, Property Journalist & a…
The latest NAEA report suggests that some first-time buyers, particularly in areas outside of London are pushing themselves further in order to maximise the benefit of stamp duty relief. In this way, they suggest, they are skipping the traditional first home and making the jump straight up the ladder to what might previously have been…
Winter may not be behind us yet, but, as far as the property market is concerned, spring is definitely in the air! The latest figures from Rightmove suggest a cautiously positive market. Of the relatively modest 1.5% annual increase in the price of new-to-market properties on the portal, 0.8% of this occurred last month! This…
As the new school term gets underway, we revisit the well-oiled notion that schools are an instrumental driver of local Chelmsford house prices. How much more are home buyers prepared to pay to live close to an Ofsted rated outstanding school? Properties located within one mile of an outstanding secondary school sold for, on average,…
The HMRC has published figures for the number of residential property transactions which took place over 2017. While figures for the last three months of the year are still provisional, if these sales levels are confirmed, the number of sales recorded looks to have been largely unchanged for the past four years. This is perhaps…
Digging down into our dataset, we’ve taken a look at the difference in price paid per square foot in 2017 according to which floor flats were situated on. The analysis reveals that the peak for average price in 2017 was the sixth floor, where flats sold, on average, for £616 per sq ft. This is…
We have been digging around into the Land Registry data which has revealed a few curious results. In particular, we looked into the day of the week when properties complete. However, we found the variation by price band interesting. Higher value properties are less likely to complete on a Friday than those in the lower…
I was reading a report from Fine & Country who published a list of the 10 most beautiful places to live and it got us wondering whether there is a cost attached to buying a home in these places. For example, Tenby in Pembrokeshire is one of the most beautiful places to live and properties…
Dataloft expects that UK house prices will rise in 2018 but only by a narrow margin – an average of around 1.8%, ranging from small falls in some markets – notably London, to a 5% uplift in others. As ever, there will be significant variations at local level – these are, after all, forecasts of…