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Bristol Property Market … the Rollercoaster of the last Decade
Ah the 2010’s, the tens, the teens – I am not sure what we are supposed to call the decade that has just gone. No matter what it was called, the last decade was a tough one, so does it really matter that we never really got around to giving it a name? Some might say, […]
Will There Be a ‘Boris Bounce’ For the Bristol Property Market?
The Halifax announced in early January that there was a Boris Bounce in the national property market as they stated national property values soared 1.7% in December 2019 – the biggest rise since the 1.9% month on month rise in February 2007 (a few months before the Global Financial Crisis aka the Credit Crunch). Get […]
A decade in the Portsmouth property market
What has happened to the local Portsmouth property market in the last decade? The average Portsmouth property has risen in value from £165,400 to £240,900 in the last 10 years … meaning each Portsmouth homeowner has seen a profit of £145.19 per week for those last ten years. Rolling the clock back to the start […]
Is the Portsmouth property market bouncing back?
The Halifax announced in early January that there was a bounce in the national property market as they stated national property values soared 1.7% in December 2019 – the biggest rise since the 1.9% month on month rise in February 2007 (a few months before the Global Financial Crisis aka the Credit Crunch). The Halifax […]
198 Bristol Landlords each risk a £5,000 fine in Spring 2020
Washing Machine Energy Ratings for Houses was the phrase one Bristol landlord told me a few years ago when we were talking about the colour bar chart graphs that every property has had for over 10 years now. Now these weren’t brought in to use the whole palate of ink in people’s printers, but to […]
OK ‘Bristol’ Boomer
Bristol House Prices Have Risen by 181% as a Proportion of Household Income Since 1980 Have the Baby Boomers (people between the ages of 55yo to 75yo) messed things up for the Millennials in terms of getting on the Bristol property ladder? They bought their own council houses in the 80’s and 90’s, meaning there […]
HISTORIC RISE OF PORTSMOUTH HOUSE PRICES
In 1980, the average Portsmouth household income was just under £6,000 per annum and the average Portsmouth house price was £18,115; whilst today, the average Portsmouth household income is £33,066 per annum, yet the average household value is £241,900, meaning… The average value of a Portsmouth home was 3 times more than the average household […]
NEW EPC REGULATION CHANGES FOR PORTSMOUTH LANDLORDS
The vast majority of Portsmouth landlords are, by now, acquainted with the legislation that came into force on the 1st of April 2018, that means all new and renewed private tenancy agreements must have an Energy Performance Certificate (EPC) rating of E or above, otherwise it would be illegal to rent the property out (EPC […]
Time to set your marketing price (get it right first time)
If you are looking to sale your property in 2020 then you may well have already had several agents out to value your home. Let’s say that they have all suggested marketing in the region of £500,000. What price should you set as your asking price? When I first started valuing and marketing properties (many […]
The £8.5 billion mortgage debt of Bristol homeowners
Irrespective of the shenanigans and political goings on in Westminster recently, the housing market (for the time being anyway) shows a striking resilience, fostered by the on-going wide-ranging monetary policy by the Bank of England. With interest rates and unemployment low, UKplc is heading into 2020 in reasonable condition. Additionally, despite the UK’s new homes industry improving […]
204,727 People Live in Rented Accommodation in Bristol
That number surprised you didn’t it? With the General Election done, I thought it time to reflect on renting in the manifestos and party-political broadcasts and ask why? As the best way to tell the future is to look at to the past, so we decided to look at the number of people who rented […]
The £1.1 billion mortgage debt of Portsmouth homeowners
Irrespective of the shenanigans and political goings on in Westminster recently, the housing market (for the time being anyway) shows a striking resilience, fostered by the on-going wide-ranging monetary policy by the Bank of England. With interest rates and unemployment low, UKplc is heading into 2020 in reasonable condition. Additionally, despite the UK’s new homes industry improving […]