Tag: Cornwall
-
Cornwall’s Property Price Rollercoaster – What’s Up and What’s Down in 2024
The start of 2024 has brought a mix of news for those looking to buy a home in Cornwall. At the heart of Cornwall’s property market, Redruth emerges as the champion of affordability. The average home in the TR15 area, as of January this year, sold for £240,018. This figure marks the lowest average price…
-
First-time Buyers Paying 8% Less than Local Averages
First-time buyers are securing their first homes at prices around 8% below the local averages, according to the latest insights from Zoopla, a leading property portal. They are making their entry into homeownership with an average purchase price of £244,100, which is £20,300 less than the local market averages. The savings are even more pronounced…
-
Granny Flats Boom – The Rising Popularity of Annexes
In recent months, there’s been a shift in the UK housing market, with a surge in demand for homes featuring self-contained annexes, or as they’re affectionately known, “granny flats”. This trend comes as a direct response to local councils intensifying their crackdowns on second homes. Purplebricks, a leading online estate agent, has reported a significant…
-
UK Property Hotspots -Sandbanks Leads with a 20% Rise
The property market in Britain is buzzing in some areas, and leading the charge is the luxurious Sandbanks, a coastal gem that has seen a staggering 20% hike in asking prices in just one year. This has crowned Sandbanks as Britain’s top property hotspot, with average asking prices nearly touching £2 million. Sandbanks, nestled along…
-
Affordable Rural Areas for Country House Prices
Buying a property in rural England can be a highly appealing prospect for many, if you can combine the charm of country living with a more affordable price compared to urban counterparts. Recent research by estate agents Jackson Stops highlights key areas where this is particularly true, making them potentially lucrative for property investors or…
-
UK’s Pandemic Property Market Surge
The UK property market has experienced a remarkable transformation during and since the pandemic, with England’s housing sector alone witnessing a staggering £1.6 trillion increase in value. Recent research by Yopa estate agents has provided insight into this unprecedented growth. The data reveals a 25% increase in average house prices, soaring from £248,097 in December…
-
Housing Market – £100 Billion Sold Despite Downturn
In a market that many anticipated would falter, the UK’s housing sector has shown a remarkable robustness, with transactions reaching nearly £100 billion in the face of less-than-ideal conditions. From January to August, 276,785 homes were sold across England and Wales. The collective value of these homes is an impressive £99.329 billion. The Regional Breakdown…
-
Manchester Top Spot for Property Bargain Hunters
If you’ve been scouting the UK for property deals, you’ve likely come across the news, analyses, and speculation surrounding the UK’s housing market trends. There’s always a lot to unpack. However, recent findings have shed light on where the savviest buyers might want to turn their attention: Manchester. A Frosty Landscape for Sellers, But Buyers…
-
Investing in Holiday Lets – How to Get Started
Are you considering diving into the world of holiday lets? With the surge in staycations and the changing property landscape, now might be the right time to invest. But, where do you start? The Telegraph has a quick guide, to break it down, step by step. The Rising Tide of Holiday Lets Holiday lets have…
-
Renovating is Back!
During 2022, the demand for property projects experienced a sharp decline. The reasons? The rising costs of building materials and a scarcity of tradespeople. With everyone keen to renovate or upgrade their homes post-pandemic, tradespeople were maxed out. Consequently, countless renovation projects sat untouched, gathering dust. But as with many things in life, change is…