An interesting article, well worth investigating whether the new Conservative government, after regaining power on May 8th for another 5 year term of government imposed austerity, will really have the desired impact on the matter of housing for millions of vulnerable people.
The matter must be handled very carefully indeed, that much is for certain.
http://www.politics.co.uk/comment-analysis/2015/05/13/comment-tory-housing-plans-will-not-tackle-the-housing-crisi
Wednesday 13 May 2015
Saturday 2 May 2015
Top 10 Most Expensive UK Sales in 2014
"Estate agents were counting the profits last year after a record-breaking 13,400 properties sold for more than £1 million.
A £50 million penthouse topped the list of biggest sales. The luxury apartment on Princes Gate, in London's swanky Knightsbridge was sold in July of last year - netting the Treasury £3.5 million in stamp duty fees in the process.
A strengthening economy saw house prices in London shoot up by 16.3 per cent, which helped boost the number of million pound-plus deals by a fifth. As a result, the capital made up 96 of the top 100 sales."
A strengthening economy saw house prices in London shoot up by 16.3 per cent, which helped boost the number of million pound-plus deals by a fifth. As a result, the capital made up 96 of the top 100 sales."
Friday 1 May 2015
Where do people move the most in Harpenden?
Continuing the theme of interesting local data, take a look at this list of the top 5 roads where people move most often in Harpenden. It's quite revealing to see that on these roads people tend to make a quick stop before moving on, and very few residents remain for long periods.
The prices are the average current values at the time of writing and sourcing the data, and the last column are the number of Sales that have taken place on that road since 1995 according to Land Registry data.
Clearly, some of the roads mentioned here are rather long and some are main or arterial routes into the town and so it's hardly surprising that people will move fairly often, but still the figures are interesting.
On Station Road for example, there have been just under 19 house sales every year, on average, since 1995. That's over £8million worth of housing stock (at todays valuation prices, of course) and well over £80,000 in Harpenden estate agents fees - not forgetting the VAT on those, as well as the stamp duty. You'll be pleased to know that those fees average out to £211 per house sale (unfair comparison I know, inflation and all that, but still - fun numbers to play with!)
Without further ado - please see below the TOP 5 high turnover roads in Harpenden.
Data sourced from Mouseprice.co.uk
Want to know if any of the properties on the market in these roads really is a good investment for you? Well, look no further. I can help you crunch the numbers and work out what's going to work best for you. Come and have a chat at my Hawk & Chadwick offices in Harpenden or call me on 01727 226 253 or 01582 346 111.
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