This blog follows the property market in Colchester and the surrounding district. You’ll find tips, guidance and analysis that relates specifically to properties in and around Colchester. If you are thinking of buying or selling a property, or would like some impartial advice, please get in touch. To keep up to date with the Colchester property market, including buy-to-let and investment properties please subscribe.
Just before the Christmas break one of my landlords popped into my office with his eleven year old son who asked “How much would it cost to buy all the houses in Colchester?” Over the holidays the question stuck with me and I set myself the challenge to come up with an answer for the … Read more
On a cold and foggy January morning there’s nothing better than a cooked breakfast so I arranged to meet up with a long standing client, and friend, at the Jubilee Cafe. We got chatting about the number of Colchester properties for sale. I had just completed my research for this blog post so our conversation … Read more
Colchester property price rises do look set to be more restrained in 2017. Although Brexit hasn’t had a sizeable impact on the Colchester housing market so far looking forwards the economic outlook remains uncertain so Colchester property price rises do look likely to be subdued in 2017. However, I don’t think this is bad news … Read more
Last week a Colchester landlord asked me “How’s the Colchester housing market doing?” to which I replied “Quite strange” and went on to explain. Colchester property values went up 2.65% last month alone, leaving Colchester property values 14.5% higher than a year ago. An increase in demand from buyers and the continuing shortage of properties … Read more
Even the most sane person in Britain has to admit the Brexit vote will, for better or worse, affect the UK Property market. Excluding central London, which is another world, most commentators broadly agree prices will be adversely affected by around 10%. Looking at commentators’ thoughts in more detail, Colchester property values will be 10% … Read more
Roll the clock back 35 years to 1981 when Thatcher was in power, there was a Royal Wedding, Britain won the Ashes and Bucks Fizz won Eurovision with ‘Making your Mind up’. Haven’t things changed? The number of homeowners and property investors who said they wish they had hindsight and bought up every house in … Read more
As the trees turn from green to hues of red and brown, Colchester property values and the property market has a confident feel to it. With the underlying fundamentals of a continued lack of properties being built, a shortage of properties (both in terms of quantity and quality) coming to the market and the continued … Read more
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 more
Here’s some positive new for Colchester property owners. Did you know that Colchester house values have risen by 167% since the Millennium whilst average salaries in and around the town have risen by just 51% over the same period ? Not such good news for those struggling to get onto the property ladder of … Read more
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 more