Posts tagged ‘Zoopla!’

Painting the town purple with Zoopla

Zoopla is continuing to paint the town purple with its latest billboard advertising. Tell us where you’ve seen the adverts and you could win a B&Q voucher.

14.03.14 Adverts 1

The advertising can be seen across Britain in a variety of destinations, from the side of London buses to large billboards on roundabouts.

One of the distinctive billboards can be seen at the Euston underpass – pictured above – and when lit at night reflects a stunning purple haze across the area.

Prominently displayed and illuminated advertising can also be seen in in retail parks and shopping centres throughout the country.

Have you seen one of the outdoor adverts?

Let us know where you’ve seen the adverts by leaving a comment (prose or poetry are welcome) and you could win a £25 B&Q voucher and some Zoopla goodies.

14.03.14 Adverts 2

Competition ends March 18th at 11am, please enter a valid email when commenting so we can contact the winner.

March 14, 2014 at 2:10 PM 183 comments

Property price reductions at lowest level for four years

The proportion of UK properties currently on the market for sale with a reduced asking price has fallen to its lowest level in four years.

price reductions

The Government’s Help to Buy scheme, increased availability mortgage finance and confidence in the economy are all helped to invigorate the property market in 2014.

These factors have driven a rise in demand among buyers and helped to reduce the pressure felt by sellers to discount their properties.

Research from Zoopla shows only 27 per cent of properties for sale have seen their asking prices reduced from their original level, down from 31 per cent three months ago.

It is significantly below 2011, when 40 per cent of properties on the market were being discounted in order to attract a sale.

The amount of the average price reduction has also fallen in the last three months with motivated sellers now offering average discounts of £20,782 – the equivalent of 6.25 per cent off the original asking price – down from £21,451 or 6.45 per cent in November.

Wakefield tops the list of places with the highest proportion of price-reduced properties on the market today, with 42 per cent of homes for sale there having been discounted from their original level.

Barnsley (38 per cent) and Rotherham (37 per cent) come in second and third on the list of places with the highest level of motivated sellers.

The biggest percentage discounts can be found in Newcastle upon Tyne, where the average asking price reduction currently stands at 8.9 per cent, the equivalent of £19,425.

Wycombe Square London W8London unsurprisingly comes top of the list of places with the lowest proportion of discounted properties on the market.

Of all the homes currently for sale in the capital, only 15 per cent have seen asking prices reduced from their original level.

While the latest Zoopla research is good news for sellers, buyers need to see more stock come onto the market in the coming months to help ease prices otherwise this trend is likely to continue as spring takes hold and more buyers decide to search for property.

March 14, 2014 at 8:00 AM 1 comment

The houses that £100,000 buys

The television series ‘The House that £100,000 built’ proved an unequivocal hit. With house prices rising in many parts of the country, the programme proved it is possible to build a home from scratch for a five figure sum.

05.02.14 100,000

Presenter Kieran Long of The House That 100K Built, with architect Piers Taylor

It was an attractive formula, especially for first time buyers struggling to get on the property ladder. But it is still possible to buy an existing house for £100,000? And if so what do you get for your money?

The average price of a home in England is currently more than £256,000, up almost £16,000 on a year ago, according to Zoopla. And so buying a property for £100,000 may certainly prove a challenge in some parts of Britain.

However, this may be the most money people can raise to buy a home. With an average British salary being around the £25,000 mark, and lenders typically lending four times a salary, £100,000 may be the maximum mortgage available. The final purchase budget will depend on the deposit, the minimum amount being 5 per cent.

For those with a small deposit, the Government has launched the Help to Buy scheme to assist first-time buyers and existing home owners to buy a home.

Here, we list five properties valued at exactly £100,000:

1. Three bedroom home in Coventry, Warwickshire

05.02.14 100,000 v1

2. Two bedroom detached home in Gillingham, Kent


3. Two bedroom semi-detached house in Pontefract

05.02.14 100,000 v3

4. Three bedroom detached house in Doncaster

05.02.14 100,000 v4

5. Three bedroom detached house in Redruth

05.02.14 100,000 v5

February 5, 2014 at 1:40 PM 2 comments

Floor plans are the key to buying a home

If you are looking at a property listing, there are several items that you will undoubtedly cast your eye over first.

10.01.14 Floor plan 5

For sale: Three bedroom house in Salisbury for £330,000

There’s the decorative order – does the living room suit your taste and standards? – and of course, the price – is the property within your budget? You’ll probably also look at the number of bedrooms, and may even need to consider what the local schools are like.

But there’s perhaps one item that you’ll overlook. Or at least, it may not be at the top of your list of priorities. And yet it can be a deal breaker if you get it wrong, estate agents warn.

It is none other than floor plans – those architect-type drawings that many buyers avoid clicking onto in favour of photos of more colourful cushions and bed spreads.

James Kendling, of estate agents Hamptons International in Buckingham, said: “Floor plans are especially useful in determining the versatility of accommodation. Often buyers are looking for the potential to extend a property or alter the layout to suit their own personal needs, it is in these early stages that a floor plan can determine whether the property is proceedable.”

“Typically buyers will view multiple properties at any given time and then take home the floor plans to compare and scrutinise each property to determine which layout is best suited to their needs.”

The warning comes amid a report from insurer LV= that the average British home has shrunk by two square meters in just a decade, down from 98.8 in 2003 to 96.8 today.

The report highlights the overcrowding present in family homes today, claiming 150,000 children have seen their bedrooms partitioned in two in an attempt to create extra bedrooms.

If you’re buying a property and want to make sure that it is big enough to meet your needs, you will need to first understand the dimensions of it – and for this you will need to study the area of the floor plan, measured in square feet or square metres.

So if a room is four meters by four meters, it means it is 16 square meters, which is another figure you may on the floor plan.

A similar calculation can be done for measurements taken in square feet, with a square foot being the equivalent to 12 inches wide by 12 inches long.

View the property floor plans listed on Zoopla:

1. For sale: Three bedroom detached house in Fareham for £309,950

 10.01.14 Floor plan 2

2. For sale: Five bedroom semi-detached house in Tonbridge for £350,000

10.01.14 Floor plan 3

3. For sale: Five bedroom property in Newlands for £615,000

10.01.14 Floor plan 4

January 14, 2014 at 8:00 AM 1 comment

Happy New Year from everyone at Zoopla

From everyone at Zoopla, we’d like to wish you a very Happy New Year!

During the past year, we’ve bought you an abundance of exclusive stories on the Zoopla blog as well as additional content on the site, such as information on the Help to Buy Scheme.

And we look forward to providing more entertaining stories in 2014.

Our most popular blogs of 2013 include:

06.12.13 Osborne

18.11.13 Eamonn Holmes 7

11.10.13 X Factor house 1

06.12.13 Phill Spencer

Help to Buy

December 31, 2013 at 10:00 AM Leave a comment

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The Zoopla property blog is maintained and edited by the Web Content Editor @ Zoopla Property Group Ltd Myra Butterworth.


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