Property news

New analysis has revealed the best-value postcodes for buyers: One UK town offers FOUR times more space than the national average.

The study, compiled by the experts at Sell House Fast , analysed postcodes across England and Wales to identify where buyers get the most space for their money.

Where £100,000 buys the most space in the UK:

Rank

Postcode

Local authority

Average price

Average floor area (m²)

Average price per m²

Average m² per £100,000

1...

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Keep up-to-date with the latest property news in the UK.

The UK's top DIY hotspots

It’s official, Norwich, the city famous for Colman’s mustard, Alan Partridge, and Admiral Insurance, is the UK’s DIY capital!

That is according to research conducted by The Metals Warehouse , the UK’s leading supplier of custom-cut metals.

Its data has shown that the East Anglian city, which is also renowned for its ‘on the huh’ phrase, a Suffolk saying meaning something is...

So far this year, there have been some 362 transactions across the capital for £3m

Ten private islands you can buy for the price of a high-end London home

While many lenders have started to tighten their belts in recent months, the high-end market remains unimpeded and is expected to drive price growth forward, as London remains the pinnacle of homeownership for the super-wealthy.

So far this year, there have been some 362 transactions across the capital for £3m or more and high-end homebuyers have paid an average of £4,975,462 to get...

Homesellers are out of pocket £607.5m a year due to property transactions falling through

Property sale fall throughs costing sellers £607.5m

Yes, you read that correctly. The time wasted in a single year due to property transactions falling through equates to 14m days for the 225,000 UK home sellers impacted as a result.

This is according to homebuying platform, Yes Homebuyers , who also found that homesellers are out of pocket £607.5m a year due to property transactions falling through.

According to the Advisory...

£1.744bn worth of unclaimed property is lying vacant across England and Wales

There’s £1.7bn worth of unclaimed property in England and Wales

The latest research by the property developer, StripeHomes , has revealed that there is currently an estimated £1.744bn worth of unclaimed property lying vacant across England and Wales, with London and the South East ranking as the top hotspots for unclaimed estates.

The latest figures show that there are some 7,991 estates currently left unclaimed in England and Wales and with an...

As many as 230,000 UK tenants have fallen into rent arrears

Landlords facing further losses of £9k due to eviction backlog once ban is up

Research by leading lettings management platform, Howsy , has revealed the vast amount of lost earnings that landlords in England could be facing when the eviction ban is lifted.

There are some 4.5m private rented households in the UK rental sector, supplied by an estimated 2.2m landlords .

However, a survey by Shelter recently revealed that as many as 230,000 UK tenants...

The cost of buying around one of the UK’s top international schools can be pricey

Homebuyers paying out 130% more to live near a top international school

The latest research by lettings and estate agent, Benham and Reeves , has revealed the cost of buying around one of the UK’s top international schools and which are currently most in-demand amongst homebuyers.

House Prices

The research found that property prices in postcodes home to a top Independent IB School average £542,583, 130% more than the current UK average of £235,...

Britain’s best property pockets for first-time buyers

The latest research from lettings and estate agent, Barrows and Forrester , has revealed which areas of the property market are currently the most first-time buyer (FTB) friendly based on current price, annual change and cost compared to the broader average in each area.

The research shows that both the average price paid...

UK Real Estate sector could be on course to increase 44%

Property market revival is boosting real estate sector employment

The latest research by leading property recruitment specialists, Rayner Personnel , has revealed the UK Real Estate sector could be on course to increase 44% based on current employment and the number of vacancies being actively recruited for.

Rayner analysed data on the number of job vacancies being actively recruited for, the number of businesses operating in each sector, the size...

there have been HUGE delays in sales completing

How to sell your home in 30 days and move before Christmas

The latest research by national home buying platform, Yes Homebuyers , has revealed that it’s bad news for UK home sellers with the target of moving home before Christmas.

Data from Yes Homebuyers shows that so far this year, the time it’s taking from an initial buyer enquiry until the completion of a property sale is 140 days on average.

This is 10% longer than the time it...

High-end homebuyers ditch flats for detached homes in lifestyle 360

High-end home buyers are opting for bigger homes in the wake of the Coronavirus pandemic and paying more for them, while transactions and the price paid for flats has fallen.

The latest research by high-net-worth (HNW) mortgage broker, Enness Global , analysed property sales by property type at £5m and over across England and Wales, looking at the average sold price and what...

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