The Word on the Street

What’s happening in Camden property — and beyond


Camden Pricesi

So what’s happening in Camden property prices? We’ve seen value fall very slightly in the last three months: just over 3%, which given the current UK situation isn’t too much to worry about. In fact, prices have risen slightly if you look further back — today, they’re 1.9% higher than they were in March 2020.

zoopla stats

 Source: https://www.zoopla.co.uk/house-prices/camden-town/

 


National Pricesii

Even though UK national prices have risen in the last year, you can see from the figures that London and the South East have seen less price growth. Of course, our region is starting from a pretty strong position to begin with: London’s average house prices remain the most expensive of any region in the UK at an average of £496,000 in December 2020.

Figure 4 The highest regional house price growth was in the North West

 Source: https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/housepriceindex/december2020

 


WANT TO SEE THE LATEST CAMDEN PROPERTIES FOR SALE? FIND OUT AT LONDON RESIDENTIAL


 

Property Newsround


Check it: How will the stamp duty holiday affect you?

Home movers and first-time buyers got a present from the chancellor in the recent budget, when he declared an extension of the stamp duty holiday until 30 June with a tapering effect until 1 October. The new mortgage guarantee scheme will also bring back the prospect of 95% mortgages, a real boost for buyers.iii

Find out more in this useful feature from Which?

Budget 2021 stamp duty holiday extension

 Source: https://www.which.co.uk/news/2021/03/budget-2021-stamp-duty-holiday-extension-and-mortgage-boost-for-first-time-buyers/


Do it: Looking to change your current mortgage?

In the current property market, many of you will be considering remortgaging. This 64-page guide from the UK’s top financial guru Martyn Lewis has tips on when you should and shouldn't remortgage, different mortgage types and how to get the top deals. MoneySavingExpert’s guide takes you through it all, to home in on the best MoneySaving mortgage for you.iv

Guide to remortgaging 2021

 Source: https://www.moneysavingexpert.com/mortgages/remortgage-guide/

 


Love it: The most viewed properties for sale during lockdown

We’ve all been at it over lockdown: gazing longingly at those dream homes and imagining what life could be like. So here’s a list of the most viewed properties for sale revealed in the Daily Mail’s property pages. From a £54.5 million London mansion to a stunning £400,000 rural retreat on the Isle of Skye, maybe it’s time to stop dreaming and start moving!v

The most viewed property in Britain

 Source: https://www.dailymail.co.uk/property/article-9223769/Most-viewed-properties-sale-Britain-revealed-Zoopla.html

 


WHAT’S SELLING NEAR YOU? FIND OUT AT LONDON RESIDENTIAL


 

Spotlight on… How long will my house take to sell?vi

It’s the million dollar question, and one we’re asked all the time. So let’s check some of the most recent figures to find out how long it would take your house to sell. RightMove’s house price index shows that London houses average at 72 days to secure a buyer (accurate at Jan 2021). This is up from a low of 48 days in September last year.

Average time to secure a buyer London

 Source: https://www.rightmove.co.uk/news/house-price-index/

 


Within Your Reach

THE AVERAGE CAMDEN PROPERTY VALUE IS £852,557 — WHICH GETS YOU…

“An impressive three bedroom brick and flint detached cottage, drenched in character and set on a large plot with well maintained gardens in Amersham, Buckinghamshire, HP7.”
Guide Price £900,000vii

An impressive three bedroom brick and flint detached cottage

 Source: https://www.rightmove.co.uk/properties/74321073#/

 


WHAT’S YOUR HOME WORTH? FIND OUT AT LONDON RESIDENTIAL


 

SOURCES


   https://www.zoopla.co.uk/house-prices/camden-town/
ii    https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/housepriceindex/december2020
iii   https://www.which.co.uk/news/2021/03/budget-2021-stamp-duty-holiday-extension-and-mortgage-boost-for-first-time-buyers/
iv   https://www.moneysavingexpert.com/mortgages/remortgage-guide/
   https://www.dailymail.co.uk/property/article-9223769/Most-viewed-properties-sale-Britain-revealed-Zoopla.html
vi   https://www.rightmove.co.uk/news/house-price-index/
vii   https://www.rightmove.co.uk/properties/74321073#/