Over the last decade the birth rate has continued to rise adding ever more pressure on Colchester’s green belt land and the already overstretched Colchester property market. 3.11 babies were born for every new home built in the Colchester Council area during 2016. Inevitably this means more demand for housing and, along with other reasons … Read moreOver 3 Babies Born For Each New Home Built in the Colchester Area
With the general election campaigning in full swing one thing is certain – whoever gets the job to deal with Brexit has a tough job on their hands! Now Article 50 has been triggered, we have two years to make a deal with the EU or we will be facing a “Hard Brexit”. By refusing … Read moreHard Brexit Could Cause 1,800 Properties to be Dumped Onto the Colchester Property Market
There are 50,106 households in Colchester. Of those, 13,421 homes are owned outright (without a mortgage), and 16,834 homes are owned with a mortgage. I’ve been asked by landlords and friends how I think the timing and outcome of the general election will affect the Colchester property market so here’s my analysis… Often the best … Read moreHow Will the General Election Affect Colchester Homeowners?
The question of forced OAP downsizing was raised following my recent “Generation Trapped” post about Colchester OAPs stuck in their family homes. It’s obviously unthinkable to force OAPs to downsize but it does throw up the question of whether the government needs to use a carrot AND stick approach to change the status quo. After … Read moreShould Colchester OAPs be Forced To Downsize?
Every day over twelve thousand people travel through Colchester train station, according to the latest Office of Rail & Road statistics, which works out to a staggering 4.5 million journeys a year. Although it isn’t immediately obvious it’s not always the swankiest Colchester streets or poshest villages around Colchester where properties sell and let the … Read moreHow Does Colchester Train Station Affect the Colchester Property Market?