As we enter the second half of October rightmove the U.K.’s number one property portal, have released their most up-to-date price statistics. They show that prices in East Of England area have increased by 1% over the last month making the average house price just over £337,000
Great Yarmouth Potential Growth Area
Having lived and worked in the East Anglia region for most of my life I have a pretty good understanding of our beautiful county.
Not everybody is especially keen on the Far East coast however this area does hold a soft spot for me having spent a number of years….
Right Move have just released their latest property price statistics.
Right Move have just released their latest property price statistics.
I am pleased to say that the East of England have surged forward again with an increase of 0.7% allowing us to retain our title of the highest growth area in the UK for the last 12 months. The average house price in the East of England…
Recent House Prices
In The Month of August prices have decreased in the East Anglia market place by 0.4 however this still means that prices have increased nationally by an astonishing 8.2%, which still means we are the largest growth area in the UK.
Below Market Value Properties
I’m hearing a lot at the moment about people wanting to purchase below market value properties. Of Course, everybody would want to buy something under market value, however here are some facts that may make your view of these so-called properties change.
Interest rates dropped to all time low
The Bank of England have dropped interest rates to an all time low of 0.25%
So what does that mean to you and me? Well it means that there will be a little bit more money in people’s pockets and borrowing money is a bit cheaper. We have been stable at a half percent interest rate for around seven years now and lets face it it, it is not any major surprise that the Bank of England has done this….
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