| Location, Location, Location |
01-May 08 @ 06.23 PM |
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When it comes to property it’s all about location, location, location
A survey by Home Sale Network of its over 750 strong membership revealed that when buyers are looking for a potential property it’s location at the top of their wish lists.
Over 81 per cent of Network members said that location was what potential buyers ranked most highly, while 19 per cent said that a garage or parking was the top consideration. The potential to add value to the property, eco or green features, a good state of repair or standard of decoration were not, in the majority of cases, the deciding factor.
Duncan Perry of Raine and Co at Potters Bar, Home Sale Network’s representative in Hatfield, Brookmans Park and Potters Bar commented: “There is a lot of truth in the saying ‘buy the worst house on the best street, rather than the best house on the worst street’ but, it is still important to consider the following factors:
· How close to your workplace do you need to be?
· Do you need to be close to particular schools?
· Will you need to use public transport and is this available in the location you’re considering?
· Do you want to live somewhere with relatively modern, or new build properties and lots of young families?
· Or would you prefer to be in a more established location with a mixed population?
· Are there friends and family you want to be close to?
· Which locations can you afford, can you afford to live in the town or city centre or are there other areas that better suit your budget?”
If you are thinking of buying and want to find out more about the area, we can provide information about average property prices, local schools and their league table results, transport links, council tax bandings, population information, health facilities and much, much more.
“Whether you are buying or selling, Raine and Co can help you move just a couple of miles or a couple of hundred miles. Every Network member has an in-depth knowledge of their local area and now, thanks to an innovative new tool, we can also give you a wealth of information about the areas covered by other Network members. Wherever your preferred location is, call us today to find out how we can help,” Duncan Perry adds.
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| It's Not All Bad News |
25-Apr 08 @ 09.51 AM |
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Following the release of the latest Housing Market Survey by the Royal Institution of Chartered Surveyors (RICS), Peter Bolton King, Chief Executive of the National Association of Estate Agents (NAEA) called for steadiness amongst property market professionals and said that there are still strong economic factors underpinning the market that have not changed and that there is some good news.
"The positive news is that the RICS survey showed that just under a quarter of its respondents appear to have reported a rise in house prices, which shows how regionalised the picture is. We are already aware from our own members that house prices are being affected differently throughout the country so to find such regional discrepancies comes as no surprise.
"No one is denying that the housing market is in a tricky situation but it is important to keep it in perspective and we do need to exercise discretion in the figures, for instance the report states that the East Midlands is showing falling prices, yet the recently released Halifax house price index showed a 2.2% rise in the same region. This also needs to be set against the fact that these areas have seen huge price rises over the last ten years.
"The market is battling with the credit crunch, which has undoubtedly had an effect on confidence. However, the key factors that underpin the housing market still exist - low unemployment, historically low interest rates and a pent-up demand for houses. We can see from the figures that it is not all doom and gloom out there and we need to tread very, very carefully before making long-term judgements on the market at this current, unsettled, time." |
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