The SE16 property market has undergone significant changes over the past few years, as depicted in the two graphs provided. These visualisations capture the trends in the number of properties available for sale and the number of properties sold subject to contract (SSTC) from January 2019 to July 2024. By analysing these graphs, we can… Continue reading A Tale of Two SE16 Property Markets and the Need for Realistic Pricing
Category: General
SE16 Property Market:
Navigating the Rollercoaster of the Last Six Years The SE16 property market has experienced a rollercoaster ride since 2019, reflecting the unprecedented challenges and opportunities that have shaped the landscape of home buying and selling in the area. The accompanying graph vividly illustrates these dramatic fluctuations, comparing SE16’s monthly house sales, expressed as a percentage… Continue reading SE16 Property Market:
SE16 Property Market
Where are the Cash Buyers? The UK property market has undergone significant shifts since the summer of 2020, driven primarily by the post lockdown race between the summer of 2020 and late 2021, and then a rapid series of interest rate hikes aimed at curbing inflation in 2022 and 2023. These changes have had far-reaching… Continue reading SE16 Property Market
5,066 Landlords in SE16 to be Hit by New Eco Rules in 2030
The rental property market is on the brink of a significant shift, one that will undoubtedly cause concern among landlords across the UK. The new Labour government has made clear its intention to raise the minimum energy performance standards for rental properties, a move that could have far-reaching implications for both landlords and tenants alike.… Continue reading 5,066 Landlords in SE16 to be Hit by New Eco Rules in 2030
Are Our SE16 Homes Fit for Our Families?
Insights for SE16 Homeowners and Landlords SE16 has become an attractive destination for both families to buy and rent and is known for its rich heritage and strategic location. In this article, I will delve into the current housing situation of family homes in SE16, compare them with national averages, and then explore opportunities for… Continue reading Are Our SE16 Homes Fit for Our Families?
SE16 Property Market 2024: A Strategic Guide for Buyers and Sellers
Are you a homeowner in SE16? Are you thinking of moving home in the next six to twelve months? Whether you’re aiming to buy your dream SE16 home or sell a beloved property, grasping the current market dynamics is crucial. You might be a buy-to-let landlord in SE16, possibly looking at selling or buying another… Continue reading SE16 Property Market 2024: A Strategic Guide for Buyers and Sellers
Is SE16 Overcrowded?
A Closer Look at the Numbers SE16, with its vibrant culture and rich history, has long been an attractive place to live. However, recent concerns suggest that the whole of the UK (and thus SE16) may be facing a population crisis, impacting the quality of life for its residents. With 26,908 people living in every… Continue reading Is SE16 Overcrowded?
SE16 Starter Homes 22.6% Cheaper Today Than 35 Years Ago
It might surprise many that, despite significant inflation over the past few years, buying a house today is still more affordable as a percentage of take-home pay. The average value of a typical SE16 first-time buyer property has surged by 442.3% since 1989 (35 years ago), reaching £469,100 in 2024. So, the title of this… Continue reading SE16 Starter Homes 22.6% Cheaper Today Than 35 Years Ago
SE16 Property Market Evolution: 1979 to Present
Roll the clock back to 1979, a year marked by a seismic shift in the UK government with Margaret Thatcher coming to power. This was a momentous time for the country, symbolising a new direction. Fast forward to 2024, and we could be about to experience another significant change with Sir Keir Starmer leading the… Continue reading SE16 Property Market Evolution: 1979 to Present
SE16 Property Market Insights: How to Sell Your Home Faster in 2024
The length of time it takes to sell a property is a crucial indicator of the health of the property market. This metric can provide insight into supply and demand dynamics, the efficiency of estate agencies, and overall market confidence. For SE16 homeowners and investors alike, understanding these trends can inform better decision-making. When properties… Continue reading SE16 Property Market Insights: How to Sell Your Home Faster in 2024
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