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Showing posts from November, 2018

Clapham House Prices vs Clapham Rents since 2006

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The Clapham housing market is a fascinating beast and has been particularly interesting since the Credit Crunch of 2008/9 with the subsequent property market crash. There is currently some talk of a ‘property bubble’ nationally as Brexit seems to be the ‘go-to’ excuse for every issue in the Country. Upon saying that, looking at both what we do as an agent, and chatting with my fellow property professionals in Clapham, the market has certainly changed for both buyers and sellers alike (be they Clapham buy to let landlords, Clapham first time buyers or Clapham owner occupiers looking to make the move up the Clapham property ladder). Clapham house values are 5.7% lower than a year ago, and the rents Clapham tenants have to pay are 0.3% lower than a year ago When we compare little old Clapham to the national picture, national property values have risen by 0.4% compared to last month and risen by 3.0% compared to a year ago, and this will surprise you even more, as nationally,

Clapham Property Market - Summer 2018 Update

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I was recently reading a report by Rightmove that a North South Divide has started to appear in the UK property market – so I wanted to see if Clapham was falling in line with those thoughts. In the North, there are 7.12% less properties on the market than 12 months ago, whilst in contrast, in the South, there are 14.7% more properties on the market than 12 months ago. With the decline in the number of properties for sale in the North compared to 12 months ago, that means the North is more of a sellers’ market. However, on the other side of the coin, there is a significant rise in buyer choice in all of the Southern regions, showing there are signs of a buyers’ market, which in some markets is a driving force for a buyers’ market and some downwards price pressure. So, looking closer to home at asking prices and the number of homes on the market. In the London region, according to Rightmove, the average asking prices of new to the market properties are 1% lower than 12 m

Great(er) Expectations: Why Clapham Home Sellers are Having to Reduce Their Asking Prices by an Average of £54,500 Each

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As we leave the memorably hot summer behind us, some interesting statistics have come to light on the Clapham Property Market which will be thought provoking for both homeowners and buy to let landlords alike. Over the last 12 months 756 households have changed hands in Clapham, interesting when compared with the 10-year average of 1,159 households per year. Yet, for the purpose of this week’s article, I want to discuss the pricing of the current crop of Clapham’s property sellers and the prices they are asking for their homes and the prices they are achieving (or not as at the case may be). It is so important for all property owners to know the real story, so they can judge for themselves where they stand in the current Clapham housing market, thus enabling them to make suitable and informed decisions… and that is why, in my blog about the Clapham Property Market, I pride myself in telling the people of Clapham the real answers, not just the ones they want to hear. Th

Latest Peckham project - complete!

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As you will know I'm always working on a project or two, but I've been so busy recently I've not had a moment to post the most recent completion (of refurbishment that is). I've made a little video walkaround so that you can see the finished product. A light blue (Ocean Skies) theme this time; fresh, bright and airy. In brief this property was fully refurbished. This included rewiring, new plumbing, new woodwork throughout and of course a new kitchen (in a new location) and a new bathroom. Have a look at the video and I look forward to hearing your comments. Living Room - Before Living Room - After Video: I hope you enjoyed my video. Do let me know if you are looking to invest and you could use a hand. if you are a ready and able investor  sign up to my list that will bring packaged deals to your inbox! If you are looking for no-obligation advice then drop me a line and let's start the conversation.