The latest house price data published by Land Registry shows that UK House prices are growing and have increased by 2.2% in the year to November 2019. This is the highest level of annual growth recorded since November 2018. As of November 2019, the average price of a property across the UK is £235,298.
House prices in Wales were up 7.8% compared to last year, while England saw a rise of 1.7% in this time. In English regions, the West Midlands saw the largest property price growth in the year to November 2019, with a 4% increase. The North West saw the second largest rise at 3.8%, followed by Yorkshire and the Humber at 2.6%.
In London, property prices grew 0.2% in the year to November 2019. This is the first increase since February 2018, (excluding September 2019).
The December 2019 RICS Residential Market Survey results point to an uplift in sentiment following the result of the General Election. Respondents are more positive about new buyer enquiries and 66% of survey participants envisage a rise in sales over the coming year.
This blog follows the buy-to-let market in Chelmsford. You'll find tips, guidance, and analysis that relates specifically to Chelmsford and you'll also find properties from all the estate agents in the town on here that may make decent investments. I operate Martin and Co in Chelmsford and if you're thinking of buying a property to let in Chelmsford, I'm happy to offer a second opinion.
Meet the Author
Stephen Frost FARLA ANAEA Hi, and thank you for visiting this blog. I have been in the Chelmsford Property market since 2008, owning and running with my excellent colleagues, the Martin and Co office in Chelmsford. I am also a Buy to Let Mortgage Adviser helping Landlords like you. I have always shared my thoughts on the local property market in Chelmsford with my landlords, but now I want to share with everyone in the town. On this blog, John and I will talk about what is happening in the town's property market itself, even looking at specific streets or housing estates. At other times, we will post what we consider decent buy to let deals. Some will be on the market with me (as we also sell property), but others will be on the market with other agents in Chelmsford. We like to look at the whole of market and give you, what we consider the best investment opportunities.I am a very experienced Estate Agent and a Fellow of ARLA (The Association of Residential Lettings Agents). I have 25+ years’ experience in the local Property Market, starting as a Trainee Sales Negotiator for a Corporate Agency. Working my way up through the ranks I have spent my entire working career in the Customer Service Industry. Born in Chelmsford, I am married with 4 Children. In my spare time, I enjoy spending time with the family, playing golf and going out for a run!
Co-Author
John Frost CeMap
I have over 5 years experience within the property industry, including experience in the mortgage/finance industry. I have been a big part of the Martin & Co family for the last 12 years, being the son of the big boss! I have a passion for helping people move! In my spare time, I enjoy taking the dog for a walk with my wife, playing golf and spending time with my family.
