As I review the performance of the SE16 property market in 2023, it’s evident that despite the challenges, the housing sector in the area has shown remarkable resilience. At the beginning of the year, many commentators in January 2023 suggested house prices would drop like a stone in 2023. The Halifax thought there would be… Continue reading Why didn’t SE16 House Prices Crash in 2023?
Category: General
How the 13.4% Saleability Drop in the SE16 Property Market Might Impact Your 2024 Home Moving Plans
The SE16 housing market, like many others, has experienced a notable shift in 2023. The percentage of home sales agreed and moved (completed) compared to those withdrawn from the market unsold has decreased relative to 2022. Looking at independent data for the SE16 area … In 2022, 39.5% of properties that left the books of… Continue reading How the 13.4% Saleability Drop in the SE16 Property Market Might Impact Your 2024 Home Moving Plans
Embarking on the Landlord Journey: Insights for Aspiring and Seasoned Landlords in SE16
Property investment has long been a staple in British retirement planning. The introduction of the buy-to-let mortgage over a quarter-century ago marked a significant turn, presenting opportunities for dual returns: rental income in the short term and capital growth in the long-term. You can see why there are a substantial number of SE16 landlords who… Continue reading Embarking on the Landlord Journey: Insights for Aspiring and Seasoned Landlords in SE16
Navigating the SE16 Property Market:
The Art of Pricing Properties Right As we stand at the threshold of 2024, facing economic uncertainties and a shifting housing landscape, the significance of correct pricing in SE16’s property market has never been more pronounced. This comprehensive guide delves into the crucial aspects of property pricing and its profound impact on the property market… Continue reading Navigating the SE16 Property Market:
Selling in the New Year
Getting your house ready to sell in the new year is a strategic move. Here at Metro Village, we’ve got some valuable tips to assist you in preparing your home and ways to entice potential buyers: 1. Focus on Key Areas: Begin by giving special attention to the critical spaces in your home, especially the… Continue reading Selling in the New Year
SE16 Property Market:
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:
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 SE16 Property Blog 