The Government have announced that all private rental property will need to have an Electrical Installation Condition Report carried out by a qualified electrician every.....
Has someone who has just sold their home ever told you about the ‘golden rules’ you should abide by to get a quick sale? Perhaps you have heard comments like, ‘catch the property season’, ‘spend money to make money’ and ‘price high and accept low’. Unfortunately, achieving the optimum sale requires you to navigate highly changeable market...
It is the time of year when we can reflect on how the last four quarters have performed. Not surprisingly, last quarter of 2015 was the strongest quarter with 614 sales (35.8%) in Bromley. The first quarter of 2016 saw 578 sales, which equates to 33.7%.
The last 18 months have seen a seismic shift in the underlying dynamics of the UK economy. While the long term effects of Brexit on property prices remain to be seen, price levels in Bromley remain robust. Prices for flats have increased 12.5% since September 2015 and house prices have increased 18.1% since May 2016.
In Bromley the majority of households are classified as "more comfortable" (35.3% of all households), 3.6% higher than London. The next biggest wealth band is "wealthy" (30.5% of all households), 2.0% higher than London.
Wealthy
30.5%
More comfortable
35.3%
Comfortable
17.0%
Getting started
17.2%