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Competitive pricing is the story of the summer. The theme was highlighted in Rightmove’s latest House Price Index, with asking prices dropping 1.2% in July to an average of £373,709. This adjustment reflects the improved supply of properties for sale.
We have reached the midpoint of 2025. The first half of the year has been surprisingly steady but what happened in the last four weeks? We take a look at the trends shaping the current UK property market.
If you are a Peterborough homeowner or landlord considering selling your property, you may be wondering how long it typically takes to find a buyer.
The time to sell varies depending on several factors: location, property type, price range, number of bedrooms, and market conditions. To give you clarity, we’ve compiled the latest data for the 867 Peterborough properties that sold subject to contract (stc) in the last 3 months.
Both portal heavyweights provided a monthly snapshot of the sales market in May. As ever, Rightmove focused on asking prices. The UK’s average asking price for new instructions increased 0.6%, with a more expensive advertised price of £379,517.
Are you considering moving home in Peterborough in the next 6 to 12 months? Perhaps you're a landlord deciding whether to expand or trim your portfolio…Or a first-time buyer wondering if 2025 is the right year to take the leap? Understanding whether the current property market favours buyers or sellers is key to making the right decision
How did April pan out in the property market? We take a look at the price reports and moving trends to inform your next move. Plus, we’re discussing Donald Trump and his surprising effect on the UK mortgage market.
House prices continued to be a point of property fascination. The figures are divided into two: asking prices and sold prices. Asking price trends give us a brilliant snapshot of how positive the market is.
February was a short month but that doesn’t mean we were short on property news. All eyes were on the latest Rightmove House Price Index to see how activity was faring. In summary, everything is on the up.
Perhaps you're a buy-to-let landlord weighing up whether to expand or streamline your portfolio? Or maybe you’re a first-time buyer wondering if now is the right moment to take the plunge?
Whatever your position, knowing whether the Peterborough market is currently favouring buyers or sellers will help you make informed decisions.
January is over and it’s time to start evaluating whether the predictions for 2025 are ringing true. Did people act on New Year’s resolutions to look for a new home? Was there the forecast rush to complete before the new stamp duty rates?
December is an interesting month in the property calendar. It’s a time when we look back at the year just gone and speculate about the 12 months ahead. December 2024 was also a month where serious buyers and sellers didn’t succumb to Christmas distractions.
This fascinating question was posed by one of our Peterborough landlord’s teenage daughters when they visited our office before Christmas (doesn’t that seem like ages ago now?). While we didn’t know the answer immediately, we promised to find out. Over the Christmas holidays, we calculated the total value of all the properties in Peterborough and, for fun, worked out how much they’ve increased in value since she was born in the autumn of 2010.
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