I was recently reading a report by Rightmove that a North South Divide has started to appear in the UK property market – so I wanted to see if Baldock was falling in line with those thoughts. In the North, there are 7.12% less properties on the market than 12 months ago, whilst in contrast,…
Tag: Market overview
45 Days to Sell a Property in Baldock
Whether you are a Baldock landlord looking to liquidate your buy to let investment or a homeowner looking to sell your home, finding a buyer and selling your property can take an annoyingly long time. It is a step-by-step process that can take months and months. In fact, one of the worst parts of the…
Value of Baldock Property Market falls £14.1m
The combined value of Baldock’s housing market has fallen by £14,143,206 in the last 6 months, meaning the average value of a Baldock property has decreased in value by an average of £3,993. This is great news for Baldock first time buyers and Baldock buy to let landlords, as there is a slight hesitation…
Baldock Property Market – How Does It Compare Historically to the South East and National Property Market’s?
Living in our own homes or owning buy to let property in Baldock and the surrounding areas, it’s often easy to ignore the regional and national picture when it comes to property. As a homeowner or landlord in Baldock, consideration must be given to these markets, as directly and indirectly, they do have a bearing…
What Will Happen to Baldock Property Values Now Interest Rates Have Risen?
The current average value of a property in Baldock currently stands at £383,900, so what what will the recent increase in the base rates to 0.75% do to the local property market (especially property values)? In many of my articles, I talk about what is happening to property values over the short term (i.e. the…
Will the Baldock Property Market Crash?
If it does … who will be the winners and losers? Those Baldock people wanting property values to drop would be those 30 or 40 something’s, sitting on a sizeable amount of equity and hoping to trade up (because the percentage drop of your current ‘cheaper’ property will be much less than the same…
Baldock Property Values 7.7% higher than year ago – What’s the PLAN to fix the Baldock Property Market?
It has been nearly 18 months since Sajid Javid, the Tory Government’s Housing Minister published the White Paper “Fixing the Broken UK Housing Market”, meanwhile Baldock property values continue to rise at 7.7% (year on year for the council area) and the number of new homes being constructed locally bumps along at a snail’s pace,…
50% Drop in Properties For Sale Today in Baldock Compared to 10 Years Ago
There is good news for Baldock buy to let landlords as ‘top of the range’ well-presented properties are getting really decent rents compared to a year ago however, this rise in rents is thwarting many potential first time buyers from saving for both a deposit and money for a rainy day. On top of this,…
Nearly Twelve Babies Born for Every New Home Built in the Past Five Years in North Hertfordshire
Nearly 12 babies have been born for every new home that has been built in North Hertfordshire since 2012, deepening the Baldock housing shortage. This discovery is an important foundation for my concerns about the future of the Baldock property market – when you consider the battle that todays twenty and thirty somethings face in…
Baldock Council Tax Payers Stung by 56.63% above Inflation Rise
Buying and selling a home in Baldock isn’t the easiest or cheapest thing you will ever do. Estate Agent fees, Solicitors fees, Survey fees, Mortgage fees, Removal Van … the costs just mount up throughout every step of the move. Last week, a Baldock landlord asked me whether the Council Tax Band made a difference…
