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

The consensus among economists and the wider public is clear: the remarkable ascent of SE16’s property prices over the previous twelve years has reached its peak and is now starting to drift downwards. Major national publications splash headlines filled with pessimism about the UK housing market, citing issues such as buyer affordability caused by challenges… Continue reading SE16’s Housing Market: An in-depth analysis of where SE16 people are moving.

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

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

Stepping into the world of the property market is akin to stepping into a rhythm. The beats of buying and selling, supply and demand form the underlying tempo. SE16, an area rich in history and character, is no exception. As we venture into the last quarter of 2023, it’s crucial to understand the current property… Continue reading SE16’s Property Market Pulse: Deciphering the Latter Half of 2023

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:

SE16 has witnessed a profound transformation in its housing landscape over the last few years, and the surge in private renting has led to significant debates about the morality of the buy-to-let market. Let us look at the current statistics compared to 40 years ago to show the seismic shift. Looking at our local authority… Continue reading The Changing Landscape of SE16’s Housing Market: Exploring the Ethical Dimensions of Buy-to-Let Investment.

Call me old-fashioned and nostalgic, but I am fond of terraced houses. I’ve conducted some research that my fellow readers of the SE16 Property Market Blog will find intriguing! Architecturally speaking, the terraced or townhouse has been prevalent in the UK since the late 1600s. It involves a row of symmetrical houses that share side… Continue reading The Untold Story of SE16’s Terraced Houses

The SE16 property market experienced a boom between the summer of 2020 and late summer of 2022, fueled mainly by pandemic-induced trends such as the stamp duty stimulus, low mortgage rates, the race for space, and the rise of remote working. 2023 has presented a different story for the SE16 housing market, with cooling demand,… Continue reading 14 Reasons Not to Fear SE16 House Price Drops