Tag: Barnet
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Barnet House Prices Edge Up
Barnet house prices saw a small increase in July, but don’t break out the bubbly just yet! The average house price in Barnet crept up by a tiny 0.1% last month, according to the latest Land Registry figures. That means the average home will now set you back £592,597. While this might seem like a…
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London’s Cheapest Boroughs for New Builds Revealed
Thinking of buying a new build in London but worried about sky-high prices? New research has revealed the boroughs where you can still get a brand new home without breaking the bank. Forget fancy central locations, it’s all about heading to the ‘burbs! Havering, in East London, topped the charts with the most affordable new…
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London House Prices Near Record Highs, Demand Outstrips Supply
The UK housing market is showing signs of vigor as we head deeper into 2024. According to Rightmove, the average asking price for a home across the nation now stands at £372,324, just £570 shy of the record high set in May of the previous year. This marks a significant rise, with the typical price…
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London’s Empty Homes Crisis – A £50 Billion Opportunity
Southwark emerges as London’s top borough for vacant properties, with a staggering 5,143 homes unoccupied in 2023. This figure underscores a widespread issue across the capital, where the combined value of these dormant assets is estimated to reach a jaw-dropping £50 billion. SBA Property Management’s latest analysis paints a vivid picture of a city teeming…
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Investing in PRS REIT Amidst the Rental Property Shift
In recent years, the UK rental landscape has experienced a dramatic transformation. Notably, there has been a marked reduction in available rental properties, with an estimated 400,000 exiting the private landlord market over the past seven years. Projections indicate a continuing trend, with potentially half a million more properties to vanish by 2028. This comes…