Tag: Burnley
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St Helens House Prices Rise Above Regional Average
St Helens saw an increase in house prices this March, outpacing both the North West’s and the national average increases. The latest figures highlight a 2.6% rise in property values over February, bringing the average house price in St Helens to £182,375. This increase is more than double the North West’s overall growth of 1.1%…
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Homeownership Dream Falling Out of Reach?
A stud by Go.Compare, the comparison website, has underscored a significant challenge facing prospective home buyers in the UK. Aspiring homeowners now need to earn almost £20,000 more than the average national salary to afford a home. This financial gap highlights the growing issue of housing affordability and puts the dream of owning a home…
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Wigan Shines as Hidden Gem for Homebuyers
It appears that the secret ingredient to becoming a property hotspot in today’s market is affordability. The latest data from OnTheMarket suggests that the majority of the UK’s most buzzing locations boast average house prices that sit comfortably below the national average. This revelation marks a clear shift in buyer preferences, with cost-effectiveness taking the…
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Bradford Takes the Crown As UK’s Top Property Hotspot
The Bradford area, nestled in the heart of England, has emerged as the country’s hottest property market. This accolade comes from none other than the esteemed property portal, On the Market, which places Bradford at the pinnacle of its hotspot index. Bradford’s rise to the top is not just a tale of geographic convenience but…
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Scottish Home Prices Rise as the Rest of the UK Stagnates
Scotland has seen a significant increase in house prices, with average costs jumping by over £12,000 in just the last year. This growth starkly contrasts with the rest of the UK, where house prices have barely budged, and even decreased in some areas. According to the latest analysis by DJ Alexander, a leading lettings and…
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Lancashire Hotspots Where House Prices are Still Rising
Lancashire has emerged as a champion in the UK’s property market, with three areas in the county soaring to the top of the list for house price increases. House-selling website Zoopla has identified Rossendale, Blackburn with Darwen, and Burnley as the top performers in the country for house price growth over the past year. This…
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Wirral’s Housing Market Defies UK Downturn
Wirral’s house prices climbed by 0.6% in November. This increase might seem modest, but it’s significant in the context of the overall UK property market. The average house in Wirral now costs £216,733, according to the Land Registry. This growth isn’t just a flash in the pan; over the past year, the Wirral’s property market…
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Northern Cities Lead in Buy-to-Let Returns
A recent Zoopla report has highlighted a significant trend in the UK’s property market: Northern and Scottish cities are now the prime locations for buy-to-let (BTL) investors seeking high returns. This shift is primarily due to increasing rents and decreasing house prices in these regions. Rising Rents and High Yields Zoopla’s analysis predicts a rise…
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ONS House Price Data – Which Areas Are Up and Which Are Down?
The most recent data from the Office for National Statistics (ONS) paints a complex picture of the UK housing market. Nationwide, there’s been a slight decrease in house prices, which is potentially good news for buyers. The average house price across the UK fell by £1,497 in September, a drop of about 0.5%. This means…
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Unprecedented Rise in Room Rents
As of the third quarter of 2023, rents across the UK have soared to levels never seen before. This trend isn’t just occurring in traditionally expensive areas; even regions once considered more affordable are experiencing sharp rent increases. Data from SpareRoom, a leading flatshare site, shows a staggering 16% year-on-year rise from 2022, setting the…