The property market in the UK is a complex and multifaceted entity, characterised by a myriad of factors that influence property prices and values. One of the critical metrics often underutilised to gauge the value of property is the price…
The UK property market has demonstrated remarkable resilience despite facing significant challenges over the past 18 months. Many analysts in the autumn of 2022 predicted a severe downturn in house prices, driven by economic uncertainty, a cost-of-living crisis, and rising…
Over the past few years, the UK rental market has experienced significant fluctuations, with rents increasing dramatically during the Covid-19 pandemic. Between 2020 and 2022, demand far exceeded supply, driving rents to unprecedented levels. In the South West for example,…
The recent announcement by the British Prime Minister regarding the next general election set to take place in early July 2024 has inevitably stirred discussions about its potential impact on the Melksham property market. Historically, general elections are periods of…
Melksham, a vibrant town with a diverse property market, offers countless opportunities for homeowners seeking their next home. However, navigating this landscape requires a strategic approach to avoid common pitfalls. If you're a current Melksham homeowner weighing up your options…
Navigating the property market in Melksham? Understanding the current market dynamics is essential whether you're looking to buy a dream home or sell a cherished property. Recent data reveals a fascinating surge in property transactions across the UK, with Melksham…
As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. Yet many people who wish…
As we are now nicely into 2024, it's certain the Melksham housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook…
Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Melksham property market. A few weeks ago, I stated that of the Melksham properties that have sold subject to contract (stc) in the three…
Bungalows continue to be a unique asset in the UK property market, offering the charm of single storey living. In 2023, they carved out a significant niche, with 81,823 out of the 915,705 properties sold in 2023 being bungalows. Despite their…