House prices in rural parts of the UK have recently been outperforming those in city centres, new research by Halifax has suggested.
It was demonstrated that while the average price of a property in the city has tumbled 22% over the last five years, the typical value of a rural property has dipped slightly less at 20%.
As a result of such movement, the average price of a home in a rural setting is £201,191, which is 17% more expensive than the £171,709 price tag typically given to an urban-based abode.
In the last 12 months, the value of a house in the countryside has typically increased by 2%
We are currently accepting entries into the October/November auctions. If your property has been on the market for ages or you're just needing to sell quickly, and want to find out more about selling at auction, then contact us today. We handle every type of property: commercial, residential, ground rent, investments, portfolios, land, development sites, etc.
What are some of the benefits of selling at auction?
The possibility of obtaining a higher price and an earlier sale.
A greater certainty of selling your property - 60-70% on average.
The former north London home of the original band members of rock band Pink Floyd has been bought by a Singaporean developer who has not yet seen it. Sham Masterman, who admitted not being a fan of the rock band, bought the Highgate house and the one next door for £1.2 million each. Roger Waters, Nick Mason, Richard Wright and Syd Barrett lived in the house in the 1960s.
Miss Masterman, of Kensington, west London, who has a portfolio of properties, admitted that she did not "really need to work" but was looking for a new project. She added that she had a friend who was a Pink Floyd fan and may
Hello house hunters! This is my final news update entry until 20th Sept, as I am being whisked off to Portugal on my annual holiday! So I am just letting you know that pretty much all the September auction lots are now uploaded into our database (with a number of auctions having already taken place last week). Any unsold properties from the September auctions will be displayed in the database, as and when the auction houses release their results – so keep checking back on a daily basis to find out what’s still available. There are quite a few auctions taking place in October as well, and
Landlords are right to be optimistic about the direction the buy-to-let market is heading in at present.
Landlord Mortgages’ Lee Grandin said recently that the buy-to-let “environment” is a positive one when it comes to people who “have the cash to purchase property”.
He advised that one needs to have a lot of cash in the current climate in order to succeed when it comes to buy-to-let. The reason for this, he said, was that people require sizeable deposits.
Mr Grandin explained: “The minimum deposit is 20%, but most products come with a higher deposit up to 40%, which does limit who can
House prices jumped a "surprising" 1.3% in August, the Nationwide building society has said. It was the biggest monthly rise since January 2010 and left the average UK house price at £164,729.
It means prices are only 0.7% lower than a year ago, despite the recession and continued mortgage rationing.
However, the society's chief economist, Robert Gardner, warned that "we should never read too much into one month's data".
"Nevertheless, the fact that the annual pace of house price decline moderated to minus 0.7% in August from minus 2.6% the previous month provides evidence that conditions
UK builder Barratt Developments has exchanged contracts with the Greater London Authority (GLA) to redevelop one of the most sought after housing led redevelopment opportunities within the M25 motorway.
With a gross development value (GDV) of around £250 million, the 83 hectare former hospital site at Cane Hill in Coulsdon, Croydon, will see 650 homes built of which 163 will be affordable.
The development proposals also include up to 70,000 square feet of commercial space including business, leisure and retail. The homes, half of which will be family housing, will comply with the Mayor of
As you may (or may not) have noticed, our database of property for auction has expanded massively during the past week, with over 1500 new properties being added, for auction during September. There are still a couple of the major catalogues to be released, hopefully next week, so keep your eyes peeled. The property under the hammer is right across the UK - residential investments, commercial premises, buy to let opportunities, development sites, land, ground rents.... you want it, you can get it!
By registering to our website (£9.95 a month; £19.95 for 3 months), you have on-line access to
The Telegraph has reported that property located close to Premier League football grounds has risen in value far quicker than average UK house prices over the last decade, as the billions of pounds invested in clubs has a regenerative effect on local communities.
According to Halifax, average property prices in the postal districts of the 20 Premier League football clubs have increased by 137 per cent over the last decade, from £152,891 in 2002 to £362,866 in 2012. By contrast, average house prices across England and Wales have risen by 90 per cent over the same period, from £121,129 to £229
We are currently accepting entries into the September/October auctions. If your property has been on the market for ages or you're just needing to sell quickly, and want to find out more about auction, then contact us today!
What are some of the benefits of selling at auction?
The possibility of obtaining a higher price and an earlier sale.
A greater certainty of selling your property - 60-70% on average.
Predictable time scales so you can plan ahead with confidence.
A much quicker sale from first marketing to completion of sale of property.
There are so many
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