Tag: Thanet
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Are Holiday Homes Really to Blame for Soaring House Prices?
New research suggests holiday lets aren’t responsible for the housing crisis. Holiday lets are not the main cause of Britain’s housing affordability issues, a new report by accountancy firm EY has found. Despite rising property prices, currently averaging £290,000, the study claims there’s “little to no relationship” between the growth of holiday lets and the…
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Where Will House Prices Boom Next? Phil Spencer’s Property Predictions Revealed!
Want to know the secrets to bagging a property bargain in an area about to boom? Property expert Phil Spencer reveals the tell-tale signs to look out for when trying to find the next Hackney or Margate. Even in a shaky housing market, some areas defy the odds, with prices soaring over time. Take Hackney…
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Kent House Prices Cooling Down – Is Now the Time to Buy?
Thinking of buying or selling a house in Kent? New figures show that in most parts of the county, house prices have been dropping over the past year. According to the latest data from online estate agent Purplebricks, the average house price in Kent has fallen by 2% to £338,474. In Medway, it’s a similar…
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London Houses Plunge in Value – Is Your Area Next?
Forget the national picture, house prices are plummeting in some areas, and it’s not just the big smoke! While the UK average house price has gone up by 1.8% in the last year, things are looking pretty bleak for homeowners in certain hotspots. Where are prices falling the most? London is leading the way down, with…
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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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Kent House Prices – Areas Rising and Falling
Recent data from the Land Registry reveals trends in Kent house prices, both on a monthly and yearly scale. Here’s a summary of what’s been happening. Monthly and Annual Price Fluctuations Spotlight on Key Areas Comparative Analysis Implications for Potential Investors Evaluating Opportunities and Risks Making Informed Decisions
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Anticipated £50k Decrease in UK House Prices by End of 2024
A detailed analysis conducted by the mortgage specialists at the comparison website Confused.com suggests an average decline in house prices by more than £50,000 by the close of 2024. This potential price drop in the housing market is not something to be overlooked if you’re considering an investment in property. It’s a significant drop in…
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Property Bargains Await in the South East?
In recent times, property enthusiasts and potential homeowners have observed some unusual trends in the UK housing market, especially in the South East of England. There’s a buzz about discounted prices, opportunities for real bargains, and changing dynamics in property valuations. This Is Money dug into the stats to find the areas of the UK…