Key takeaways from August’s House Price Index: The average asking price of a home has dropped by 1.3% this month, to £368,740 This is the third monthly price fall in a row, but August’s drop is in line with usual seasonal trends Buyer choice teamed with price falls has led to the busiest July for … Read more
The Bank of England has voted to reduce the Base Rate by 0.25% for the third time this year, taking it to 4%. Base Rate was held at 4.25% in June after it was cut by 0.25% in May. The Bank meets every six weeks to decide what should happen to interest rates, with the aim … Read more
A view of the sea commands an premium of £88,106 (32%) when compared to other coastal properties, with asking prices averaging £363,181 The East Midlands leads with the highest sea view premium at 68%, while the South East has the most modest uplift of 22% Torbay offers the widest choice for sea-view seekers, topping the … Read more
Key takeaways from July’s House Price Index: The average asking price of a home has dropped by 1.2% this month, to £373,709 This is the largest July price drop in over 20 years London has seen the biggest regional price falls (-1.5%), driven by Inner London in particular (-2.1%) Despite the price drop, buyer activity … Read more
The number of homes for sale priced at £1 million or more has doubled ( 103%) across Great Britain since 2019, with just over 5% of all properties now commanding seven-figure price tags Cornwall leads the charge outside London with a 246% increase in million-pound properties, followed by Uttlesford ( 233%) and Somerset ( 226%) … Read more