Category: property market news

welcome gareth!

I would like you all to join me in welcoming the newest member to my team, Gareth Budge. Gareth joins us as a Professional Viewer and I am delighted to have him on board. Welcome to the team Gareth!

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LUCKY THIRTEEN?

Halloween may have been last week but I think there is still some time left to delve into some spooky sales and property names before the Christmas Countdown is on…for those superstitious among us, just over 8,600 house sales have taken place across England and Wales during the last year on properties numbered ‘13’.

At £278,950 the average property price of such a property is over £30,000 more than the current average across England and Wales, spookily the equivalent to a 13% price premium.

Data from the Land Registry indicates just 1.5% of completions over the past year have taken place on the 13th of the month, with no Friday 13th dates in the past calendar year.

Spooky property addresses across the UK include Witchhazel’s Ghost, Pumpkin Cottage, The Ghost Train, Spider Lane, Blood Hill, Broomstick Hall Road and Wizard Way.

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GET TO KNOW ME

So, by now I am sure you all know that I am back serving the vibrant Heatons property market. I am so happy to be back in the buoyant and diverse Heatons market and to be working back in this beautiful area.

I know a lot of you may know me as I started my journey at Julian Wadden here in Heaton Moor seven and a half years ago before moving around the business gaining experience in Property Management as well as understanding different markets such as Didsbury and Stockport. I also appreciate however, that some of you may not know me and a lot c an change in seven and a half years! So, I wanted to take to Instagram to do a Q & A and answer the burning questions that you wanted to know.

For those of you who missed it, here is my question and answer session and if I haven’t answered or covered anything in this that you may want to know more about, please do not hesitate to give me a call or pop into the Heaton Moor branch – 14 Moorside Road.

Thank you, Dan.

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What are the top things that will devalue your home?

One of the key things we focus on when we own a home is how to add value to the property and make it more sell-able for the future. However, a question which will also help you to achieve your property’s best potential is what are the top things that will devalue your home? Here are some of the key factors that National Association of Estate Agency (NAEA) members have experienced as having a negative impact on property value.


1) It’s all about personality
We all have our own taste and style, or lack thereof and of course the desire to make our homes reflect our personalities is only natural, but personal tastes can become a sticking point when it comes to selling up. Maybe you love a particular football team, or you think that glitter is an absolute necessity in the bathroom, and if that is the case then the NAEA recommends redecorating before taking your home to market. Homes which are decorated in more neutral colours are typically the most saleable as buyers can envisage how their possessions would look in the space.

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HOW DO YOU SAY?

The top 10 most mispronounced place names in the UK have been revealed by the creators of language app Babbel.

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£750 MILLION LESS IN RESIDENTIAL SDLT

At £8.32 billion, Treasury coffers netted £750 million less in residential SDLT (Stamp Duty Land Tax) receipts across England in the financial year to the end of April, compared to 2017/18. This is despite just 16,000 fewer transactions taking place.

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welcome back dan!

Today we say a warm welcome back to Dan Biddle who joins us in The Heatons office as Lettings Manager. Dan started his career here with us in Heaton Moor, 7 and a half years ago in fact and we are delighted to have him back with us.

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ENERGY EFFICIENT HOMES

Autumn in well underway, and in households up and down the country the conversation will soon turn to (if it hasn’t already) ‘is it cold enough yet to turn the heating on?’

Across England and Wales, 17% of homes sold over the past year have achieved the top Energy Performance Certificate (EPC) rating of A or B. This compares to 40% of properties that have sold with an energy performance rating of D.

With energy efficiency a requirement in the building of new build homes, nine in every ten new build properties hit the grade, while the figure is just one in 14 for resale properties.

In the resale market, properties that are energy rates A or B have achieved a 10% price premium over those rates D, equivalent to almost £28,000. Replacing boilers, adding insulation, double glazing and reducing thermostat temperatures and replacing light bulbs with LED’s, are all ways households can seek to improve energy efficiency.

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PROPERTY VIEWING TURN-OFFS

Cracks, marks and stains leave the biggest negative impression on prospective buyers during a viewing, with a 76% turn-off rate. This is according to Sell House Fast who surveyed 1,266 people who have been to several viewings over the last year.

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A basic guide to decorating

Flick through the pages of any magazine these days or scroll through the popular Pinterest app and you’re likely to see endless images of chic properties with timeless décor. For those of us that are blessed to be able to colour-match and accessorise effortlessly, this is an entirely attainable vision; however, for the rest of us who are a little more challenged in the decorating department, it can be tough to know where to start. Read through our basic guide to decorating and we will provide you with some guidelines which are sure to help you turn your home in to a real page-turner.

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