Salford Property News

Average UK property prices and annual price growth are published by various organisations. However, the figures are different for each and can cause confusion. This is because the data is calculated in slightly different ways.

Rightmove average prices are the highest, but their index is ...

Bungalows are a popular type of home in England and Wales and represent 9.3% of the housing stock (5 million properties). 8% of homes sold in the last year were bungalows and the most popular month for sales was March, with 10.6% of all sales....

44% of people continue to work from home, either full time or on a hybrid basis, according to the latest data released by the Office for National Statistics.

Home or hybrid working is more prevalent for home owners than renters, for the self-employed and for ...

Nearly 200,000 new build homes were registered in the UK in 2022, the highest number since 2007 and up 26% on 2021, according to the latest statistics produced by the NHBC. Registrations increased in all regions of England and Wales.

More than half of buyers ...

30% of agents sense there has been an increase in cash buyers between November and January, according to the results of the Dataloft Opinion Poll.

Over half (55%) of agents sense cash buyer numbers have remained stable, while 15% believe they have decreased. This follows ...

Houses remain the most popular choice for new buyers, but the proportion of prospective purchasers looking for apartments is on the rise.

Hometrack report that over 30% of new buyers are currently looking for a flat, with more than 1 in 4 (27%) specifically seeking ...

The recently published 2021 census data has revealed a change in the proportion of flats and houses in which households are living in towns and cities across the country.

Of the 25 largest built-up areas*, 11 have seen a swing towards living in apartments, with ...

In recent years, a 'Boxing Day bounce' has been reported by property portals, as households wishing to move in the new year go online to start their search after Christmas Day.

In 2021, Rightmove recorded its busiest ever Boxing Day for visits to their website ...

Father Christmas keeps reindeer as pets and although not many UK household own reindeer, we are still a nation of animal lovers.

Nearly two-thirds (62%) of UK households now own a pet, up from just 41% two years ago, ‘pets’ is a top 5 search ...

We grow around 7 million Christmas trees in the UK each year. 2240 ha of land would be needed to grow that many trees, the equivalent of 120,000 average-sized UK gardens.

Nordmann Fir remains the most popular Christmas tree in the UK, accounting for 80% ...

Renters are more likely to renew their contract if they are renting through an agent than directly through a landlord, 75% compared to 68% (Property Academy).

Yet nearly half of all private landlords were not using an agent to let or manage their homes, according ...

On Thursday 3rd November 2022, the Monetary Policy Committee voted to raise interest rates by a further 0.75 percentage points to take interest rates in the UK to 3%. This is the biggest increase in 33 years to try and curb inflation.

Only last month, ...

Just 11% of sellers include ‘lowest fee’ in their top five reasons for choosing their agent, and only 6% of vendors choose their agent solely for this reason.

The 2022 Property Academy Home Moving Trends survey revealed that, across all ages and household types, factors ...

Stamp Duty has been abolished on the first £250,000 of any property purchase, (up from £125,000), making an immediate saving of up to £2,500 for home buyers. Close to half (47%) of all sales in England over the past year were under £250,000.

First-time buyers ...

‘Bills included’ is the most popular search term for renters seeking to find a new place to call home. Renters are keen to have certainty on their monthly outgoings as the cost-of-living squeeze continues.

While in 6th position in 2021, ‘bills included’ has now overtaken ...

As price rises spread throughout the economy, reports suggest the rate of inflation could reach 18% in early 2023, almost double its current rate of 10.1%, raising the possibility of further interest rate hikes.

However, a consensus of independent forecasters expects the rate of inflation ...

Trips to the seaside are one of the great joys of a traditional British summer. Given that we have over 6,000 km of coastline around England and Wales, it might come as a surprise to know that opportunities to buy a home by the coast ...

Indicative gross yields remain attractive in the rental market. Based on an analysis of apartments sold and rented over the past 12 months the indicative gross yield is 5.8%. This is up from 5.1% 3 years ago.

Indicative gross yields have risen across all regions ...

The 135th Wimbledon Championships is underway, with the All England Club celebrating its centenary of hosting this iconic Grand Slam.

Across Great Britain there are about 24,000 tennis courts; around 2.8 million (10%) of households live within 400m of a public tennis court.

Nearly 4 ...

Property and rental prices are expected to climb across most of the UK over the next three months, based on the latest RICS sentiment survey of Chartered Surveyors.

Surveyors are more optimistic about the short-term outlook for rents, with +58 expecting rental values to increase ...