** David James is open as usual for property sales, lettings and management **

PROPERTY PRICE POLITICS

PROPERTY PRICE POLITICS
  • Parliament has dissolved and electioneering will be in full swing up to polling day on December 12th, the first December election since 1923.
  • The price of a property has risen on average 3% annually since the last election in June 2017, a total rise of just over £13,000 (in the last 22 months to August 2019), equivalent to £500 per month.
  • This is half the level of average monthly price growth achieved between May 2015 and June 2017, prices here rocketing on average by a £1,000 per month in the 25 months between elections.
  • Of the last five elections, the lowest period of property price growth was during the Labour government between May 2005 and May 2010, a period rocked by the global financial crisis.

If you are interested in how much your property in the Bromley area may increased in value since you bought it why not ask us for a valuation.



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