Category Archives: House Prices

House prices in Balham boosted £415 a day

Property prices in Balham outpaced the rest of London in 2014 with 21% annual growth, according to estate agent Marsh & Parsons’ latest London Property Monitor. 

The average Prime London home has risen in value by £95,000 in the past twelve months – however house prices in cheaper Balham have jumped £152,000 over the same period. Continue reading

Property sales across Scotland continue to boom

Latest figures released by ESPC, the leading property marketing company in East Central Scotland, show that activity in the property market in Edinburgh, the Lothians and Fife has continued to strengthen as 2014 draws to a close.

Between September and November the number of sales recorded by ESPC rose by 19% on an annual basis bringing sales to their highest level for the period since 2007. Continue reading

London overtaken as the most unaffordable places to rent

Towns and cities such as Oxford and Brighton have overtaken areas of London as the most unaffordable places in the country to rent, the National Housing Federation has revealed.

Research shows that Three Rivers in Hertfordshire is now the most unaffordable place outside of the capital to be a private renter – with private rent swallowing up more than half of people’s hard earned wages. Continue reading

London homes ‘earn’ more than a nurse in a year

According to new analysis by the National Housing Federation, properties in 20 of London’s 33 boroughs have risen by more than £35,316 in just one year, meaning that thousands of homes have ‘earned’ more than a nurse earning an average full-time salary.

As the chronic shortage of affordable homes in London continues to push prices way out of reach of average earners, the National Housing Federation is urging the government to come up with a long-term plan to end London’s housing crisis within a generation. Continue reading