Tag: Elmbridge
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ONS Price Index of Private Rents (PIPR) – August 2024
New figures from the ONS reveal that private rents in the UK have risen strongly again, let’s dive into the details: Record-Breaking Rent Increases The average UK private rent surged by a staggering 8.4% in the year leading up to August 2024. While this is slightly down from the 8.6% increase in July, it’s still…
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Where are First-Time Buyers Moving to?
It’s no secret that getting on the property ladder is tough, but new research shows just how far people are willing to move to buy their first home. Forget about living close to your family and friends – first-time buyers are increasingly looking further afield to find affordable properties. Over the last decade, some areas…
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Reading House Prices Rise – But Still Down on Last Year
June saw a 1.2% jump in the average house price in Reading, bringing it to £323,920. This mini-boom outpaced both the South East average of 1% and the UK average of 0.5%. However, remember this: What does this mean for buyers and sellers? Sellers might be encouraged by the recent increase, but it’s important to…
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Brighton & Hove House Prices Holding Strong
Brighton house prices are weathering the storm better than most, with a monthly jump defying the national trend! Despite a dip in the market over the past year, June saw a promising 2.3% jump in house prices in Brighton and Hove. This bucks the trend across the South East, which saw a more modest 1%…
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ONS Price Index of Private Rents (PIPR) – July 2024
Rents are still going up across the UK. But with tenant demand slowing and fewer properties coming onto the market, is this about to change? Read on for the facts and figures every landlord needs to know. UK Rent Prices Still Climbing in 2024 The latest figures from the ONS show that renting out your…
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ONS Price Index of Private Rents (PIPR) – June 2024
The latest figures from the ONS’ Price Index of Private Rents (PIPR) are in, and while they show a slight slowdown in rent growth, it’s not exactly cause for panic just yet. Rent Increases Still a Reality The average private rent in the UK jumped by a hefty 8.6% in the year leading up to…
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ONS Price Index of Private Rents (PIPR) – May 2024
Rents are still rising across the UK, but there are signs that the pace of increases is slowing down, giving landlords and potential investors plenty to think about. The latest figures show that the average rent across the UK went up by 8.7% in the year to May 2024. This means that if you were…
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ONS Price Index of Private Rents (PIPR) – April 2024
The Office for National Statistics (ONS) has released its latest data on private rent prices across the UK for April 2024, providing a comprehensive overview of the current rental market. Here’s a breakdown of the key points from the report. UK Rent Trends According to the latest data from the Office for National Statistics (ONS) for May…
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Oxford’s Housing Market Takes a Tumble
Oxfordshire’s housing market has seen a significant downturn, according to the latest figures from the Land Registry, with a 7.4% annual decline marking a worrying trend for homeowners and potential buyers alike. December was a harsh month for Oxford’s housing market. The average property price fell to £434,370, showing a steep 9.6% decline from November.…
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Surrey House Prices – Best and Worst Areas
The average house price in Surrey stood at £525,033 for the 12 months leading up to September, according to Land Registry data. This figure represents a slight increase of 0.2% from the previous month (August). However, when compared to the same period last year, there’s a noticeable decline of 1.4%. Elmbridge: A Prime Example Elmbridge,…