Is this a Problem or an Opportunity? The orthodox way of classifying Colchester properties (and UK wide) is to count the number of bedrooms rather than the size of the house in square metres (although now we are leaving the EU – I wonder if we can go back to feet and inches?). It seems … Read more81.3% of Colchester Properties Have Three of More Bedrooms
Is Colchester Over Crowded? Colchester is already in the clutches of a population crisis that has now started to affect the quality of life of those living in Colchester. There are simply not enough homes in Colchester to house the greater number of people wanting to live in the town. The burden on public services … Read more9,800 People Live in Every Square Mile in Homes in Colchester
I do like to have a coffee at Harpers Caffe on Culver Street West in Colchester. Whilst in there, a suited gentleman approached me and asked if I was the person who wrote the newsletters about the Colchester property market. We ended up having an interesting chat about the local property market, as he was … Read moreColchester Property Values Rise 0.7% Month on Month
The Pros and Cons of Home Ownership and Renting Explored… Renting used to be a dirty word in the 60’s and 70’s. You either lived in a ‘Rigsby Rising Damp’ style bedsit with wood chip on the wall and a coin operated electric meter (that buzzed in the night) or you lived in a council … Read more38% of People in Colchester Rent – Is that Healthy?
Are spare bedrooms the cause of the Colchester housing crisis? That isn’t a typo, of the 50,106 households in Colchester, 16,704 of those properties don’t only have one spare bedroom, but two spare bedrooms! … and it is this topic I want to talk about this week, my Colchester Property Market Blog readers – because … Read more16,704 “Spare” Spare Bedrooms in Colchester
I received an e-mail from a landlord in Lexden the other day. She had apparently been following my blog for a while and wanted to pick my brain concerning the best time of the year to sell a property. If like me you haven’t had to sell a property in recent years you may not … Read moreWhich is the best month to sell your Colchester home?
It’s 5.50am as I start to type this article and David Dimbleby has just announced the UK will be leaving the EU as the final votes are counted. As most of the polls suggested a Remain Vote, it came as a surprise to most people, including the City. The Pound has dropped 6% this morning … Read more53.6% of Colchester Voters Voted to Leave the EU. What Now For Colchester Landlords & Homeowners?
I was having an interesting chat with a client in Highwoods the other day, when he asked me the difference between asking prices and property values and why it mattered. When it comes to selling a property, there has to be agreement between the buyer and seller (vendor) for a property sale to take … Read moreAsking Prices of Colchester Property up 17% in the last year
I was chatting to a friend over a cup of coffee recently when he asked me who I thought was to blame for the housing crisis. You see, we Brits have a reputation for being a country of home owners. But the truth of the matter appears to tell a different story, because … Read moreColchester Housing Market in Crisis : Who’s to blame ?
9.5% rise in Colchester property values affecting town’s housing crisis Colchester’s continuing housing shortage is putting the town’s (and the Country’s) reputation as a nation of homeowners ‘under threat’, as the number of houses being built continues to be woefully inadequate in meeting the ever increasing needs of the growing population in the town. … Read more9.5% rise in Colchester Property Values