Which homes are selling the best? Inflation, interest rates, house prices down, house prices up … the newspapers are full of column inches on Brit’s second favourite topic – the property market (the first being the weather obviously!). Those of you that read my articles on the SE16 property market know I like to look… Continue reading SE16 Property Market:
Author: kieranmetrovillagecom
How the recent drop in Inflation will affect the SE16 property market
Less than two weeks ago there was a drop in UK inflation to 4.6% from 6.7% in September and this has several implications for the SE16 property market: Mortgage Rates and Housing Market Sentiment: The drop in inflation is expected to influence the Bank of England’s decisions regarding interest rates. With inflation falling more than… Continue reading How the recent drop in Inflation will affect the SE16 property market
The Future of SE16 House Prices
In the ever-changing landscape of the SE16 property market, predicting future house price trends can be akin to navigating a labyrinth. The past two years have witnessed unprecedented upheaval, primarily due to fluctuating interest rates that significantly impacted household finances, reminiscent of the challenges not faced since 2008. The average rates for fixed-rate mortgages have… Continue reading The Future of SE16 House Prices
The SE16 Property Market
and the importance of realistic pricing (if you want to sell) The UK’s property market landscape has experienced a significant shift over the last couple of years. In October 2021, there were 424,809 properties for sale in the UK. That now stands at 664,780, a rise of 56.5%. Looking at the number of property sales… Continue reading The SE16 Property Market
1 in 3.1 SE16 Homes are in the Private Rented Sector:
The Resilient Growth of SE16’s Private Rented Sector with a Decade of Opportunities Amid Challenges As SE16 strides into the future, the burgeoning private rented sector has continued to house many of its residents. The decade-spanning 2011 to 2021 saw a significant surge in the private rented sector, a testament to the enduring appeal and… Continue reading 1 in 3.1 SE16 Homes are in the Private Rented Sector:
The Resurgence of SE16’s Semi-Detached Houses: … a 296% Price Surge in 28 Years
In the realm of British suburban living, the semi-detached house has often been the subject of caricature, a symbol of safe yet uninspiring domesticity, epitomised by hit TV shows and movies like the Dursleys out of Harry Potter, the BBC show Outnumbered, Birds of a Feather and the ever-awkward son of Norwich, Alan Partridge. However,… Continue reading The Resurgence of SE16’s Semi-Detached Houses: … a 296% Price Surge in 28 Years
Rental Market Dynamics: A National & Regional Overview with a Focus on SE16
The UK rental market has once again demonstrated its resilience and dynamic nature. Recent figures state that the average advertised rent for newly listed properties in the UK last month was £1,787 per calendar month (pcm). The average for the UK excluding Greater London is £1,211 pcm (and Greater London on its own is £2,989… Continue reading Rental Market Dynamics: A National & Regional Overview with a Focus on SE16
25.4% More SE16 Properties on the Market in Last 20 Months: How SE16 Home Sellers are Navigating the Storm
In recent months, in certain parts of the country, the British property market has exhibited signs of cooling. As a result, homeowners selling their homes face increasing competition from more homes on the market. The increase in mortgage rates has played a pivotal role in this cooling, taking a toll on potential buyers’ incomes, thereby… Continue reading 25.4% More SE16 Properties on the Market in Last 20 Months: How SE16 Home Sellers are Navigating the Storm
SE16 Property Insights: Ignoring the Doom Monger Headlines
Navigating the property landscape, particularly in an area like SE16, requires more than just a reactive approach to the daily newspaper and social media headlines. As homeowners and potential investors are continuously bombarded with alarming whispers of plummeting house prices, coupled with rising interest rates and the heartache of negative equity, there’s a tangible atmosphere… Continue reading SE16 Property Insights: Ignoring the Doom Monger Headlines
Understanding SE16’s Property Market:
The Hidden Perils of Overpricing Your Home in SE16’s Cooling Market In an age of soundbites and sensationalism, the UK property market—particularly here in SE16—often finds itself misconstrued by general narratives. While we cannot ignore the challenges of increasing mortgage rates and shifting buyer preferences, it is vital to appreciate the broader context to understand… Continue reading Understanding SE16’s Property Market:
The SE16 Property Blog 