The changes in stamp duty and the Brexit vote have made the last 12 months an interesting one.There have been a total of 2,609 sales and we can see that volumes have increased by 18.1% since September 2015. This is stronger than the London region and the national market
A property’s desirability is often a popular subject when we are talking to homeowners and local investors. Sure, you will find that Kirsty and Phil are right, and it is all about "location, location, location", but the savvy property hunter has something else on their minds these days, and that is "education, education, education". More and more people searching for a home are...
Over the last year, every property that was sold in Bromley Common has fallen into one of eight price bands. The adjacent bar chart illustrates this interesting pattern which shows that the £300k-£400k price band had the largest number of sales (581), followed by the £200k-£300k price band (531).
You would be forgiven for thinking that Nobel Prize winner Bob Dylan was talking about the UK property market when he sang, "the times, they are a changin'". As agents in Bromley Common, we have seen it all in the property market. But one overarching fact is the rise of local property prices, which have seen a significant increase of 62% in the last decade.
One of our landords who lives in Bromley came into our office to discuss the rising property values, and in particular of those in the Bromley area. He owns a varied portfolio of rental properties, primarily in Bromley and Orpington, so it is interesting to compare the increase in property values around these two areas.