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UK house prices to rise by 50% in the next decade!

18th December 2015 by Tamir Davies

The price of the average UK home will rise by 50% in the next 10 years, say the National Association of Estate Agents and the Association of Residential Letting Agents. It has been forecasted that average UK house prices will rise to a mega 419,000 in the next ten years. From the 280,000 average price now in 2015, that is certainly a hefty increase which is sure to price out most buyers. The average home in the capital is said to rise to 931,000; this is double the current average house price in the space of ten years – a […]

The Downton Effect

18th September 2015 by Tamir Davies

We previously familiarised you with the ‘Waitrose Effect’, and made you aware of how living near a Michelin star restaurant bumps up your house price, but the plot thickens; introducing the newest property price skewing factor – the ‘Downton Effect’. It’s becoming increasingly clear that the old saying ‘Location, Location, Location’ really does hold true in the modern property market. A recent survey by Halifax has found that if you have the same postcode as a stately home then the average price of your home has jumped by close to twice the national average price increase since 2005. This has been coined ‘the […]