Posts tagged ‘Zoopla!’
Which are the most popular properties in August so far? With asking prices from less than £164,950 to almost £65m and located in a variety of places – from Plymouth to North Yorkshire – here are the most viewed properties on Zoopla.
1. The humble bungalow reigns supreme this month, with a three bedroom version topping the most viewed chart. The £164,950 property in Leicester is ‘an ideal investment opportunity’ according to estate agents Leicester Premier, which is handling the sale.
2. This four bedroom home has an asking price of less than £450,000. It can be found in a small town within commuting distance of Plymouth.
3. With possibly the most unforgettable address, this building is equally unique and has the potential to be a stunning Grand Design. The property is at Number 1, The Thames, in Sheerness and is currently on the market for £500,000.
4. As well as seven bedrooms, this gated property close to Hampstead Village includes a cinema room, indoor and outdoor swimming pools, garages for three to four cars, and a separate staff flat on the lower ground floor. It has an asking price of £46.5m.
5. This three bedroom luxury apartment in the heart of Royal Greenwich boasts three bedrooms and three bathrooms, and covers a floor space of 909 sq ft. It has an asking price of £580,000.
6. If you would like to live in a modern mansion north of Birmingham, this six bedroom property fits the bill. It boasts solid oak and natural stone finishes throughout, zoned underfloor heating and landscaped gardens.
7. This five bedroom apartment at London’s iconic One Hyde Park has an asking price of £64,999,950. The accommodation spans an entire floor and boasts views of both Knightsbridge and Hyde Park.
8. Diversity is at the heart of this £659,000 detached property in North Yorkshire. It can be used as a five bedroom house, a successful B&B with separate owners accommodation or it could be converted to a three bedroom property with an adjoining two bedroom cottage that would be ideal for relatives.
9. A nine bedroom detached house in London’s Kensington is being offered (POA) with full planning permission to build a separate cottage, tennis court and garden pavilion.
10. This newly built ambassadorial-style and stucco-fronted London home has 11 bedrooms and is spread over five floors – including a lower ground and basement.
The number of homeowners in Britain who can claim to be ‘property millionaires’ now stands at 484,081, almost 50 per cent higher than last year, according the latest research from Zoopla.
The latest Property Rich List 2014 from Zoopla shows the 10 most expensive streets in Britain have seen property values grow 12.9 per cent in the last year, compared to the rest of the country where average values have risen by 6.6 per cent over the same period.
The growth in property values at the top end of the market has also helped increase the number of streets with an average property value of more than £1m by almost a third in the past year to 10,613. Just under a third of the streets with average property values over £1m are located in London (3,744).
There are now 12 streets with average house prices of more than £10m, all of which unsurprisingly are in London. The average property on Kensington Palace Gardens, the most expensive street, is now worth £42,730,706 – 162 times the value of the average British home, which is currently valued at £263,705, according to Zoopla. For this price, you will be able to count the Sultan of Brunei as your neighbour on this exclusive ‘Billionaires Row’.
The Boltons in SW10 takes second place on this year’s property rich list with average house prices standing at £26,570,341, and Grosvenor Crescent in SW1 rounds out the top three with average property prices of £22,293,470. Outside of the capital, the most expensive street in Britain is Sunninghill Road in Surrey, where the average home is currently worth £5,605,067. The two most expensive towns outside London are both in Surrey, with average house prices in Virginia Water at £1,186,262 and Cobham at £1,003,400.
W8 (Kensington) remains London’s most prestigious postcode, with average property prices in the area of £2.78m. Neighbouring SW7 (Knightsbridge), the next most expensive area in the capital, has average values of £2.48m, while property values in third-placed SW3 (Chelsea) stand at £2.37m. The rest of the top 10 is dominated by areas in South West, West and North West London.
Zoopla’s Lawrence Hall said: “London boasts all of Britain’s 20 priciest addresses. Prime properties in the capital have long been a magnet for the super-wealthy looking for a safe investment asset. For the lucky few who can afford these stratospheric price tags, the fabulous mansions on streets like Kensington Palace Gardens and the Boltons are offering very strong returns.
“However, you don’t need to be a billionaire to get a chance to own the crème de la crème of property on offer. In Wales and the North East, you can still snap up a prime property in the region’s most desirable streets for little over £1m.”
Property transactions slumped in July as the housing market continued to show signs of cooling, Government figures revealed today.
A total of 101,190 homes valued at more than £40,000 changed hands during the month on a seasonally adjusted basis, 1.3 per cent fewer than in June and the lowest level since December 2013.
But despite the dip, sales levels were still 13.5 per cent higher than they had been in July 2013, according to HM Revenue and Customs.
The figures add to growing evidence that the property market is beginning to slow down, as buyers balk at the high prices being demanded by sellers.
The introduction of the Mortgage Market Review is also thought to have contributed to the fall in sales, as the new rules, which include stricter affordability criteria, have lengthened the mortgage application process.
House price gains also appear to be moderating, with Nationwide Building Society reporting that property values remained largely unchanged in July, rising by just 0.1 per cent.
In its latest Agents’ Summary of Business Conditions, which was released yesterday, the Bank of England also said housing transactions had eased in recent months.
It added that house price growth was slowing in the South, with some areas seeing price falls, while there were fewer cases of sealed bids and people making offers over the asking price, as some of the heat came out of the market.
But despite evidence that the housing market is slowing in the South, there are also suggestions that price growth is accelerating in other areas, as the recovery ripples out across the country.
Meanwhile, separate figures released today showed that the number of new homes started by builders rose by just 0.3 per cent during the second quarter of the year, well down on the 10.7 per cent jump recorded during the previous quarter.
But the total of 36,200 new homes started during the three months was still nearly 24 per cent higher than during the same period of 2013, according to the department of Communities and Local Government.
The increase was driven by a rise in private housing starts, which were up 1.6 per cent at 29,900.
New properties started by housing associations and local authorities fell by 5.6 per cent.
Paul Diggle, property economist at Capital Economics, said: “The marginal gain in housing starts in the second quarter suggests that material and labour shortages are constraining housebuilders’ output.
“Despite the impetus from the Help to Buy equity loan scheme and favourable wider economic conditions, these constraints will keep a lid on housebuilding for a while yet.”
The majority of parents with children aged between four and 11 expect to spend just under £200, although one in 10 will outlay more than £900, writes the Money Advice Service.
With the new school year looming, it’s time to start thinking about essentials like books, uniforms and stationery that you can bank on having to pay for. Money Advice Service research reveals 21 per cent of parents intend to dip into their savings, while 26 per cent say they’ll rely on some form of credit to cover the costs, such as credit cards or an overdraft.
Many parents will have experienced back-to-school spending in previous years, with mixed results. One in six admitted they had overspent in the past, while more than two in five said they expected to blow their budget again this year.
Find properties for sale near your child’s school on the Zoopla website. Simply type the name of the school into the Zoopla search box.
With 17 per cent of parents having admitting to being worried about what it costs to send their children back to school in the past, it makes sense to take steps to avoid any undue stress. Here are five that could help:
- List all the back-to-school essentials you need to buy, with a cost against each. Involve your child in the process so they can see how much you’re spending. With luck they’ll appreciate what you are spending on them and will take care of the items.
- Use the old school network. You don’t have to buy new, especially when it comes to uniforms your child will soon grow out of. The school may have a parents’ club where you can swap or buy trousers, shoes or jumpers for a fraction of what you’d spend at a major retailer.
- Keep your eyes peeled for special offers, sales and discount vouchers (which may be advertised or included in local newspapers or on junk mail).
- Raid your drawers for items of stationery your child will need when they return to school. There is no point in spending a small fortune on the high street when you have plenty of erasers, pens, pencils and writing pads lurking in cupboards at home.
- Start buying early. You may be able to pick up some items before they are sold out and you’re left paying more via the official school uniform provider. Retailers also tend to increase prices as term time draws near, so it pays to plan ahead.
Beyond the back to school shopping spree, it’s also a good time to check your home insurance policy to see if the contents of your child’s school bag are covered.
Research by the Money Advice Service found the average pupil to be carrying £122 worth of gadgets in their school bag, with smartphones most common but also including music players, tablets and calculators.
Don’t presume your home insurance policy will cover these items as standard – 40 per cent of parents found their child’s gadgets were not covered. If your policy doesn’t, find one that will or ask your current policy provider to quote you for this additional cover.
With property browsing almost seemingly a national sport, online estate agent eMoov has characterized five property personalities. Which one are you?
Do you find yourself looking at Zoopla for incredibly expensive property that you can only dream of affording? Or do you only look at homes that you can realistically afford?
It all depends on what type of property search personality you are, according to new research by eMoov.
It identified five personalities, including the ‘delusional dreamer’, the ‘aspirational architect’, the ‘nosey neighbour’, the ‘price prophet’ and the ‘enthusiastic explorer’.
1. The Delusional Dreamer
2. The Aspirational Architect
3. The Nosey Neighbour
4. The Price Prophet
5. The Enthusiastic Explorer
So if you are a daydreamer at heart, prone to drifting off and think about other things – especially those things that are in some way unobtainable, such as out of reach property prices – you’ll fall into the delusional dreamer category, says eMoov.
It means you like escaping to a different time and place, and tend to be grand in nature, usually seeking high value properties with pools, tennis courts and a helipad.
However, if you only look at properties you can realistically afford in a few years, then you’re a so-called aspirational architect, eMoov suggests.
The aspirational architect is an organizer and likes structure in their life. They’re logistical thinkers and always have a plan of action in whatever they do.
They’re also ambitious, driven individuals who are always striving to get ahead.
They tend to go for minimalistic properties that are the epitome of clean and tidy and are so architecturally beautiful they’re worthy of being featured on Grand Designs.
But if you regularly check the value of properties in your area, then you’ll be a nosey neighbour, eMoov says.
Check the current value of your property – or your neighbour’s – at Zoopla. Click on the ‘current values’ tab at the top of the Zoopla home page.
Nosey neighbours are more concerned with how others perceive them and their material surroundings, and so they do all they can to keep up with the Joneses.
They care about the community, know their neighbours well and perhaps even lead the local Residents Association.
They also tend to be quite competitive and are never quite satisfied or content with their own lot in life.
Insecurity plays a big factor with these individuals, so making sure that are not missing out on a bigger garden, extra bedroom or latest home design innovation is of the utmost importance to them.
Meanwhile, those who constantly recalculate the value of their property are defined by eMoov as price prophets.
These investors are always in touch with trends and financially savvy. They’re realistic, conscientious and a little obsessive about looking at property online.
Personality wise, they are spreadsheet sifters, forever knowing where their investments are successful and where they need to improve on their return – especially when it comes to property equity.
They purchase houses, but do not always make them homes, but investments instead.
And finally, there is the enthusiastic explorer, who always checks to see where they can move now with a dramatically different location at the same cost.
They spent their time researching faraway places that are not always practical. Explorers don’t tend to live within their means and are always planning their next adventure in the property market.
Which property search personality are you?