February 10th, 2025
The UK Property Market Update for the week, finishing Sunday, the 2nd February 2025
Listings (New Properties on the Market) 35.9k new listings this week (last week 34.9k) That’s 13% higher than Week 4 of 2024 YTD and 12% higher YTD compared to 2017/18/19. Price Reductions (% of Resi Stock) 21k Price Reductions this week – meaning an approx run rate of 1 in 8 of Resi Sales stock […]
Read moreFebruary 6th, 2025
How will the interest rate cut affect the Thurrock property market?
The Bank of England has reduced interest rates to 4.5%, marking its third cut in under a year. This decision follows a previous reduction in November 2024, with the rate remaining unchanged in December. While most of the Bank’s nine policymakers supported the move to 4.5%, a minority favoured a more aggressive cut to 4.25%, […]
Read moreFebruary 5th, 2025
How Long Does It Take to Sell a Home in Thurrock?
If you’re a homeowner in Thurrock thinking of selling your property, you have probably wondered how long it will take to find a buyer. The timeline for selling a home varies depending on factors such as property type, price, and market conditions. Fortunately, I’ve compiled the latest statistics for 632 Thurrock homes that have sold […]
Read moreJanuary 16th, 2025
Are We Building Too Many Homes in Thurrock?
The issue of new housebuilding in the UK stirs strong emotions. Many believe their local areas are turning into construction zones, with too many homes being built, disrupting the character of towns and villages. But is this perception grounded in reality? The Labour government, which came into power in the summer of 2024, has set […]
Read moreOctober 12th, 2022
How To Keep The House Chain Moving
Keeping The Property Market Moving A property chain is a term used to describe a group of buyers and sellers buying and selling properties from each other. Each party is linked together in a ‘chain’. The chain has a beginning, a first-time buyer for example, and an end, someone who is selling and is not […]
Read moreOctober 12th, 2022
Make Your Home an Unforgettable Viewing Experience
Tips to Make Your Home an Unforgettable Viewing Experience When selling a home, property viewing is often the most important stage. The online aspect of property selling is becoming increasingly important in promoting the property and generating interest. Most buyers won’t buy a home until they have viewed the property at least once. This makes […]
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