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1st September 2017

Market Comment – August 2017

As I write this, I am mindful that in a few days’ time the children will be back at school and for many of our clients the summer holidays will be coming to a close. The reason I mention this is, many people always say August is a quiet month for this very reason and […]

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4th August 2017

Market Comment – July 2017

July across the board can be best described as a steady month both for sales and lettings. There have been mixed reports about the housing market and July 2017 has been no stranger to the usual gloom mongers, so I thought it would be prudent to report to you with some actual figures across South […]

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4th July 2017

Market Comment – June 2017

Mixed reactions with the general election outcome in that most people expected Theresa May to be our Prime Minister a month on from my last market comment, however she is Prime Minister without a majority in the house of commons and some of the pundits see this as a period of uncertainty. The good news […]

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31st May 2017

Market Comment – May 2017

May turned out to be a month of mixed emotions, with all the political parties making promises as I had mentioned last month, as we go to the polls on Thursday the 8th, will it be Theresa May or Jeremy Corbyn that head up our housing policy over the next 4 years. Many of the […]

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3rd April 2017

Market Comment – April 2017

Whilst all around seem to be talking and concentrating on the United Kingdom triggering article 50, giving us 2 years to leave the European union, at Streets Ahead we marched on and produced very solid and stable results throughout March. There have been conflicting projections and reports in the newspapers, with the footsie reaching record […]

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1st March 2017

Market Comment – March 2017

Traditionally, February although the shortest month in the year, over our last 27 years has proven to be an extremely busy month and February 2017 was not to disappoint. I was very interested to read the government housing white paper which was published this month. The white paper recommends a number of measures to increase […]

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2nd February 2017

Market Comment – February 2017

Both house prices and activity in the areas we operate in defy predictions and also defy the gloom mongering pundits. There were mutterings at the end of 2016 that the sales market would slow in 2017 amongst other things due to European and global uncertainty and a question mark over an economic recession. I have […]

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3rd January 2017

Market Comment – January 2017

Firstly, I trust everyone had a happy Christmas and I would like to wish everyone a happy and prosperous 2017. Finishing off 2016, there was no slow down across our offices in December and now it is nothing but a myth that December is the quietest month of the year. Those amongst us who have […]

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7th December 2016

Market Comment – December 2016

Solid and steady best describes the housing market from Coulsdon to Crystal Palace in all the areas that we operate in during November. While we watched with interest the American elections with the president elect trump due to take office in January 2017, a few have asked has this had an effect on the Croydon […]

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1st November 2016

Market Comment – November 2016

I am happy to report that the housing market in September officially bounced back according to the Bank of England figures. A total of 62,932 house purchases worth 11.1 billion pounds were approved in September as opposed to 60,984 in August. It is slightly down on the previous 6 months average 64,841 but this was […]

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18th October 2016

Market Comment – October 2016

‘’House prices will rise in the coming 3 months and over the next year as buyer demand continues to re bound’’ This is a quote that I thought sums up my sentiments for the housing market in the areas that we operate in for the remainder of 2016 and going into next year. Whilst the […]

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13th September 2016

Market Comment – September 2016

Once again the old wives tale that the property market goes quiet in August proved nothing more than just that and I am pleased to read numerous articles underpinning that confidence returns to the post Brexit housing market. As I mentioned last month, we did experience a small price adjustment in some cases with a […]

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1st August 2016

Market Comment – August 2016

July has proved a positive month because my staff and I have remained positive, sometimes battling against the gloomongers and experts who can only talk of nothing else but a slowdown. We remain extremely positive at Streets Ahead and I have spoken to other leading independent estate agents both in south east London and around […]

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13th July 2016

Market Comment – July 2016

Well what a month June was! I think I, like many others will remember the 23rd June for many years to come and as the news of our surprise Brexit from the European Union and what can only be described as political turbulence engulfs the news, it is important to remember that we have experienced […]

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27th June 2016

EU Vote: Short term turbulence but long term for UK market is still upwards

In one of the most historic days in decades, the UK has decided to leave the European Union after months and months of campaigning. Some of the campaigning has been criticised for being negative and scaremongering but people of the United Kingdom have ultimately decided. It is unlikely that there will be an immediate shift […]

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8th June 2016

Market Comment – June 2016

Activity throughout our offices remained solid and steady in May with regard to the sales market with a small increase for the same month in 2015. New instructions to the market were up 3% and new registrations looking to buy were also up 3%. Interestingly, I have looked at the type of property that our […]

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4th May 2016

Market Comment – May 2016

April has in some respects defied all the pundits and that has certainly been the case in the areas that we operate in. Some industry commentators had suggested from the 1st April that Buy to Let landlords and people buying second homes would have to pay 3% stamp duty and in the areas that we […]

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15th April 2016

Market comment – April 2016

March, what a month!. As investors rushed to complete by the March 31st, it would be no exaggeration to say that our team were working at a speed reminiscent of the property market at its absolute busiest. Speaking to solicitors and conveyancers, many had seconded extra staff to cover the deadline as any investment property […]

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15th February 2016

Market Comment – February 2016

February, what a month! Not only a leap year, but a leap in enquiries both for sales, investments and prospective new tenants. Following our unprecedented success which even surprised me on the 3rd February at our launch of Fifteen Lansdowne in our Croydon office at 219-221 Lower Addiscombe Road which was packed full of prospective […]

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15th December 2015

Market Comment – December 15

The housing market in general across all of our areas in November remained steady and I noticed in a recent report that the average value of a property now stands at £196,305 across the Uk which is 3.7% higher than a year ago. Croydon continues to ‘’buck the trend’’ with quite a lot of negative […]

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15th November 2015

Market Comment – November 2015

Traditionally October is a good solid month for the housing market and October 2015 was not to disappoint. Early indicators in the month showed a firm spike in prospective purchasers looking to buy and in the first half of October as a group we registered 4% more purchasers than October 2014. Firmly on the agenda […]

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15th October 2015

Market Comment – October 2015

September’s housing market can only be described as a month of confidence as we experienced as a group more prospective buyers registering than any other month in our 25 year history and this was fairly equal across our group from office to office from Crystal Palace to Coulsdon. Our stock coming to the market was […]

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