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
Labour’s Housing and Property Market Manifesto: What SE16 Homeowners & Landlords Should Know
Now we know Labour will be taking the reins of government and ushering in a new era of policies and promises, particularly in housing and property markets. Their manifesto outlines ambitious plans to address the chronic issues of housing affordability, renters’ rights, and homelessness. However, the practical implementation of these initiatives, especially in a local… Continue reading Labour’s Housing and Property Market Manifesto: What SE16 Homeowners & Landlords Should Know
Why Are So Many SE16 Homeowners Selling So Soon After Buying?
The UK property market has seen significant shifts in recent years, particularly during the pandemic. One of those changes discussed by the Press are the number of properties for sale where the home seller is suffering from ‘buyers regret’. In estate and letting agency online forums, the ‘feeling’ is that there are a lot of… Continue reading Why Are So Many SE16 Homeowners Selling So Soon After Buying?
Understanding the Property Market: £/sq.ft Trends in the UK, Inner London and SE16
The property market in the UK is a complex and multifaceted entity, characterised by a myriad of factors that influence property prices and values. One of the critical metrics often underutilised to gauge the value of property is the price per square foot (£/sq.ft). This figure provides a standardised measure, enabling comparisons across different regions… Continue reading Understanding the Property Market: £/sq.ft Trends in the UK, Inner London and SE16
Why Hasn’t the SE16 Property Market Crashed?
The UK property market has demonstrated remarkable resilience despite facing significant challenges over the past 18 months. Many analysts in the autumn of 2022 predicted a severe downturn in house prices, driven by economic uncertainty, a cost-of-living crisis, and rising mortgage rates. Yet, contrary to these grim forecasts, UK (and SE16) house prices have remained… Continue reading Why Hasn’t the SE16 Property Market Crashed?
SE16 Buy-to-Let Property Market:
A SE16 Landlord’s Perspective on Recent Trends Over the past few years, the UK rental market has experienced significant fluctuations, with rents increasing dramatically during the Covid-19 pandemic. Between 2020 and 2022, demand far exceeded supply, driving rents to unprecedented levels. In Inner London for example, the average rent has risen from £2,492 per calendar… Continue reading SE16 Buy-to-Let Property Market:
Making Sense of the SE16 Property Market’s £714 per Square Foot Value
SE16, a vibrant area with a diverse property market, offers countless opportunities for homeowners seeking their next home. However, navigating this landscape requires a strategic approach to avoid common pitfalls. If you’re a current SE16 homeowner weighing up your options for a potential move, this guide will shed light on some key factors to consider.… Continue reading Making Sense of the SE16 Property Market’s £714 per Square Foot Value
The SE16 Property Blog 