Tag: Wandsworth
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Living by the Park – How Much Does Green Space Increase London House Prices?
Fancy waking up to birdsong and leafy views in the heart of London? Be prepared to dig deep! Living near one of the capital’s most beloved parks could add over 50% to your house price, according to new research. Estate agents Foxtons have revealed just how much those green spaces add to the value of…
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London Calling – First-Time Buyers Flock to the Capital Despite Pricey Market
They say London is impossible for first-time buyers, but new figures show a record number are taking the plunge. We reveal the hotspots they’re snapping up and how they’re making it work. It’s no secret that buying a home in London is a pricey endeavour. Yet, despite sky-high interest rates and property prices that seem…
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London’s Luxury Property Market is Heating Up
Good news for sellers, as demand for prime property in the capital is on the rise. If you’re thinking of selling your luxury London pad, now could be the time! Demand for pricey properties in the capital is on the up, after a bit of a wobble earlier this year. According to the latest figures…
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London’s Prime Property Market Slows Down, But Don’t Panic!
It looks like the posh property market in London is taking a breather, but experts say it’s just a temporary dip. According to Knight Frank, fewer wealthy buyers are splashing out on million-pound homes in London. The number of offers for homes over £5 million is way down compared to the last few years, especially…
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Prime London Housing Market’s Changing Tide of Property Prices and Rentals
The latest figures from Knight Frank paint a picture of London’s property scene, which is undergoing significant shifts in both the sales and rental markets. Property owners are seizing the opportunity to sell amidst relatively high historical rents, while the balance of power may be tipping towards tenants. In prime London areas, the growth in…
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Basement Construction Boosts London Home Values
According to a revealing analysis by Foxtons, adding a basement to your London home could skyrocket its value by an astounding 54%. This increase is calculated based on the new living space created, turning previously unused square footage into a lucrative investment. Costs vs. Rewards Let’s break down the numbers. With the average price of…
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London Boroughs Where House Prices Rose Most Since 2009
From 2009 to 2023, nearly every London borough experienced a doubling in average house prices. This remarkable growth is exemplified by the north-east London borough, where the average house price soared from £196,354 in June 2009 to £501,675 in August 2023, according to analysis by The Standard. Waltham Forest: A Notable Example Waltham Forest, encompassing…
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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…
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Phil Spencer’s Property Wisdom: Triumphs and Traps
Property enthusiast Phil Spencer, well-known for presenting UK’s favourite property TV shows such as Location, Location, Location and Love It or List it alongside Kirstie Allsopp, has dabbled in property dealings for over two decades. Drawing on a vast well of experience, he talked to The Telegraph about the highs and lows of his property…
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London Has Most Postcodes with “Riskiest Mortgages”
London continues to dominate the property market, with a recent analysis revealing that 19 out of the 20 postcodes with the riskiest mortgages in the UK are located in the capital. The analysis conducted by Mazars highlights the concentration of highly leveraged loans in London, particularly in South West London where five postcodes top the…