Tag: Colchester
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Colchester House Prices Beat National Average
Good news for Colchester homeowners! House prices are rising, outpacing both the regional and national averages. The latest figures from the Land Registry reveal that the average house price in Colchester climbed by 0.6% in August, reaching a healthy £309,760. That’s a tidy increase of £9,300 compared to the same time last year – a…
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Londoners Priced Out of Space – Escape to the Suburbs Costs More Than Ever!
Thinking of ditching the Big Smoke for a bigger home in the ‘burbs? You might need deeper pockets than you thought! Londoners have always fancied a bit of extra space. But with house prices in towns and suburbs shooting up, bagging that dream home outside the capital is getting tougher. New research from Hamptons estate…
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More Cash Buyers as Downsizing Increases
According to the latest House Price Index by Zoopla, a notable shift in buying patterns has emerged. Remarkably, one in every three homes in 2023 was purchased outright with cash, a significant jump from one in five over the past five years. This change seems to indicate that homeowners are seizing the opportunity provided by…
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Zoopla: House Prices Fall in 80% of Areas, More Predicted in 2024
Previously, house price falls were a phenomenon majorly experienced in the South. However, according to recent data from Zoopla, approximately 80% of local markets across the UK, including regions like the East and West Midlands and even Yorkshire and the Humber, are now witnessing a decline in home values. Zoopla highlighted that this housing market…