property sales

The Housing Market Steam Train Keeps on Moving!

We asked our General Manager Michael Stephenson BSc (HONS) MRICS for his opinion on the Housing Market in 2021…

 

 

 

The housing market has taken a breath in recent weeks, following the rush of activity leading up to the property tax ‘holiday’ deadlines. According to HMRC, nearly 200,000 sales took place in June across the UK, the highest monthly total ever recorded, with mortgage lending hitting an eyewatering £43.8 billion, over twice the monthly average of the five years from 2015 to 2019. Unsurprisingly, RICS report the number of new buyer enquires in July fell for the first time since March, while prices nudged downwards month-on-month according to Nationwide. However, demand continues to far outpace supply.

Consumer confidence has risen above its pre-pandemic levels (GfK), buoyed by the final easing of many restrictions in all parts of the UK. UK inflation slowed to 2% in July 2021, but economists suspect this is a blip and the Bank of England forecasts that inflation will head towards 4% by the end of the year. However, the Bank of England base rate is still just 0.1%. Mortgage rates therefore remain low, with property affordability on par with longer-term averages. At 7.25%, UK economic growth in 2021 is predicted to be the strongest in over 70 years. “Rightmove report there was a shortfall of 225,000 homes for sale in the first six months of 2021 and with little sign of any significant uptick in appraisals or fresh listings a lack of supply continues to underpin property prices. Asking prices are at a record high in all regions of the UK, with double-digit property price growth evident in ten regions of the United Kingdom. The demand/supply imbalance may well start to ease as ‘normality’ returns, but the majority of agents still anticipate price growth over the next 12 months,” Michael added.

Michael also states that at 13.2%, annual property price growth in the UK is considerably higher than the 2.0% recorded a year ago, as the market re-opened after an unprecedented lockdown. Price growth over the past year has been the strongest across the North West (18.6%), Wales (16.7%) and Yorkshire and the Humber (15.8%). Zoopla reports that the search for space has seen price growth for houses outstrip that of apartments over the past year. Properties continue to sell quickly. Rightmove report the average time taken to sell a property, from marketing to sold subject to contract (SSTC), is just 36 days across the UK.

It is estimated 880,000 property sales took place across the UK in the first six months of 2021, the highest half year total ever recorded and 50% higher than the same period in 2019. It is anticipated sales will top 1.5 million over the course of the year. Buyers have been spurred on by a desire for change and financial savings as a result of taxation ‘holidays’, with over 60% paying no tax on their purchase.

“The search for space continues to drive many buying decisions in the housing market. As businesses adopt more flexible ways of working, blended working patterns are set to become the norm for many, and personal wellbeing has shot up the agenda. The local environment, gardens, greater internal square footage and a demarcated space to work from home, all continue to be deemed more important property features in a new home,” Michael concludes.

 

Click to read our online magazine with the Autumn 2021 Regional Marketing Report

 

 

Joplings are Members of The Guild of Property Professionals (The Guild)

The Guild is a network of 800 of the best independent estate agents from across the UK. The Guild is a sign of professional excellence that agents can use to differentiate themselves from their competitors and assure clients that they will act with knowledge and integrity to achieve results, the three core values of The Guild. To allow agents to perform a superior service, The Guild offers marketing, business and technology services to its members.

Guild Blog: Seven of the best kitchens on the market

As a member of The Guild of Property Professionals we are part of a network of over 800 independent Estate agents in England and Northern Ireland. Have a look at these stunning kitchens in properties from some of our network agents.

Are you thinking of moving to another part of the country? Why not pop into Joplings in Ripon or Thirsk and tell us about the new dream home you are searching for and we will pass this onto the Guild agent in that area who will be able to help you with your search.

A place where family and friends congregate, the kitchen is often described as the heart of the home. A kitchen is the home’s epicentre and must have the capacity to both entertain and bring happiness to those who live there. Here are some of the best kitchens currently on the market that will warm your heart and have your stomach rumble.

1. Doddinghurst Road, Brentwood – Asking price £850,000

Conveniently situated for sought after schools of Becket Keys, St Helens and St Thomas, this beautiful four-bedroom home in Brentwood, has an exceptional luxury fitted kitchen in slate grey finish. The solid wood worktops and copper furniture provides a superb contrast to the tiled floor and white walls. Three sets of bi-folding doors mean that this area of the house is bathed in natural light and a central island makes an ideal spot for breakfast or casual dining. 

2. Bury Way, St Ives – Asking price £575,000

A stunning detached residence situated within St. Ives, this four double-bedroom home has been extended to provide bright and spacious living accommodation and is immaculately presented throughout featuring a beautiful refitted kitchen/breakfast room. Fitted with a range of base level and eye level units, the kitchen consists a half sink bowl with mixer tap and drainer, a five ring Neff gas hob with extractor hood and built-in Bosch double oven. Other features include an integrated fridge and freezer, dishwasher, wine fridge and break bar.

3. West Byfleet, Surrey – Asking price £2,000,000

Set within an outstanding and secluded plot that extends to around 0.6 acres, is this fabulous and luxurious family home with 5,144 square feet of magnificent living space. The whole property has been designed and modelled both inside and outside for those who love entertaining with the kitchen a prime example. The open-plan design and island-based gas hob, lend themselves to sociable dinner parties. Wooden worktops and inset stainless-steel sinks with mixer tap, finish the sophisticated, clean look of the kitchen.

4. Portishead, North Somerset – Asking price £549,950

Constructed in 2001, New Down House is an immaculate, four-bedroom detached residence in an elevated position on a hillside with views of the Bristol Channel towards the Welsh Coastline. At the front of the home is a stunning kitchen and dining room fitted with white high gloss units contrasting granite worktops, stainless steel sink and swan-neck mixer tap. Other standout elements include integrated appliances, porcelain tiled floor, recessed spotlighting and a concealed Valliant gas fired boiler with Natatmo smart thermostat capable of remote operation via smart phone. 

5. Abbey Walk, Shaftesbury – Asking price £625,000

Built circa 1939 in the former orchards of the Royal Precinct of Shaftesbury Abbey, itself founded by King Alfred the Great in 888 A.D, this three-bedroom home was the first religious house built solely for women. The entire property has been re-modelled to an exceptional standard, featuring a bespoke, hand-crafted and hand painted kitchen by an award-winning local firm in Dorset.  The kitchen is fully equipped with Italian quality Smeg appliances throughout.

6. Sprotbrough, Doncaster – Asking price £475,000

A semi-rural retreat, the Brandfield House is located a short drive from Doncaster Town Centre through Cusworth, past the historic natural beauty, Cusworth Hall. The country style kitchen in the home is large enough to accommodate an eight-seater table. A blend of modern and traditional, the design of the kitchen includes exposed wooden beams, ceiling spotlights and granite work tops. The warm wooden units house an under counter fridge, freezer, dishwasher, washing machine, electric fan assisted oven with separate grill and a microwave. 

7. Wood Lane, Stanmore – Asking price £1,999,950

Located high on Stanmore Hill, shielded by trees and set behind a gated entrance, The Cloisters represents a rare opportunity to live in an exclusive development of just ten elegant detached properties in a stunning environment. One of the four-bedroom properties in the development, called The Ash, is arranged over two floors with a large open-plan kitchen on the ground floor which is ideal for entertaining. High-gloss finishes, crisp white worktops, integrated appliances and stainless-steel inset sinks, all work together to create a contemporary elegant space.

The Guild is a network of over 800 of the best independent estate agents around the country. To find your dream home, visit our website.

Guild Blog: A Walk in the Park – Homes near Pretty Parks

Are you thinking of moving to another part of the country? Why not pop into Joplings in Ripon or Thirsk and tell us about the new dream home you are searching for and we will pass this onto the Guild agent who will be able to help you with your search.

As a member of The Guild of Property Professionals we are part of a network of over 800 independent Estate agents in England and Northern Ireland. Have a look at these stunning properties which are situated near scenic parks, from some of our network agents.

Homes near Pretty Parks

Looking for a fresh start in 2019? We have scoured the country for homes near pretty parks. Whether you enjoy a gentle stroll in the park, a trek in the hills, or a place to play sports at the weekend, these properties have one thing in common: they are beautiful places to live and explore. 

1. Western Park, Leicester – Asking price £550,000

The Pavilion is an outstanding period home, built circa 1830. With large, picturesque gardens, the traditional property enjoys a prime position within the delightful Western Park. The four-bedroom home offers a wealth of period features including tall ceilings, paneled doors and antique French marble fireplaces. Presented to an exceptional standard, with expansive gardens, a car port and far-reaching, panoramic views, this residence is a hidden gem.

Western Park is the largest park in Leicester, and arguably the most beautiful, offering 178 acres of meadows, woodland plantations and formal areas to explore. This delightful park has a great cycle trail and offers a wide range of activities all year round. This includes two bowling greens, seven football pitches, five cricket wickets, six tennis courts and one baseball field. 

2. Llandwrog, Gwynedd – Asking price £300,000

This Grade II Listed cottage makes for an excellent family home, located in the heart of the charming village of Llandwrog, north west Wales. The house is deceptively spacious and has been extended to offer additional living space. With a captivating front exterior and a lovely enclosed garden and gated driveway that leads to a large garage and useful workshop, the property offers an abundance of charm and character including coved ceilings with exposed beams and a traditional Inglenook fireplace. 

The property is located near Parc Glynllifon in Caernarfon, Gwynedd, a historic country park with an outdoor Amphitheatre, children’s play area, a popular café and gift shop, as well as several water features, including a delightful river. A winner of the ‘Green Flag’ award: A Visit Wales Accredited Attraction, this park is perfect for a Sunday stroll, a bike ride, or a picnic in the warmer months.

3. Chudleigh, Devon – £745,000

A unique detached home designed to blend with its surroundings, Sedgewell Coach House is a rare find set in four and a half acres. Situated to the southern slopes of the Haldon Hills with extensive uninterrupted views across a stunning wooded valley in Chudleigh, Devon. The property effortlessly merges period charm with modern living in contemporary accommodation where you can both relax and entertain in comfort and style. 

Crafted to embrace both space and light, this home overlooks extensive woodland and rolling fields. Dramatic sweeping lawns and drystone walls emphasise the natural beauty of the landscape.  The property is perfect for those who enjoy country walks and a home with an unbeatable view.

4. Sandal, West Yorkshire – £875,000

This breathtaking Victorian stone-built residence is located within a short walking distance of Pugney’s Country Park in the heart of Sandal village, south of Wakefield city centre. The property offers a high degree of privacy and character. The home also boasts mature gardens with Yorkshire stone paving, an excellent gymnasium with useful storage and a sauna.

Pugney’s Country Park is set in 300 acres, offering a variety of walks with good footpath links to Sandal Castle where there are spectacular views to the west along Calder Valley. Cycling is also very popular, and the park operates a rental service. The park also offers additional watersport facilities including sailing, windsurfing and canoeing. Bird watchers indulge themselves in the bird hides overlooking the Local Nature Reserve, while other visitors stop at the café for some refreshments while they enjoy the views across the park.

5. Bassaleg, Newport – £1,250,000

This beautifully presented seven-bedroom family home is positioned in the tranquil hamlet of Penylan, overlooking beautiful countryside, near the village of Bassaleg. The property is set within over three acres of picturesque grounds and features a fresh water lake. 

The residence is extremely private and peaceful, with spacious gardens and parkland surrounding the property including a boat deck, barbecue, chalet, out building and fruit orchards. The timber deck relaxation area is adjacent to the lake, which features a magnificent backdrop of the Newport countryside.

The Guild is a network of over 800 of the best independent estate agents around the country. To find your dream home, visit our website.

Guild Blog: Which room convinces you to buy?

Which Room Convinces you to Buy your New Home?

When you step into a house there is naturally one room which buyers gravitate towards. The important question is, which room convinces you to buy? If you’re looking to sell your home it is useful to know which room to prioritise for open houses, images of the property or facts about your home.

Read what some of our Guild agents had to say about their experiences of which rooms convinces people to buy.

Simon Davies, Branch Manager of Norman F Brown said: “I believe the kitchen is the heart of a home. The current trend is a space where everyone can be together. Historically this was the sitting room, but recently there is a shift to living kitchens, especially if there is an open-plan design with the sitting room. The best kitchen I have seen interlinks the garden with French Doors or Modern Bi Folds to bring the outside in and make the garden more inclusive.”

Simon Bradbury, Managing Director of Thomas Morris said: “The room which I believe most convinces a buyer to purchase a home is the hallway, although it’s not technically a “room”. Normally, it’s the very first internal part of a property that a buyer will see. Therefore, the hallways establishes the tone for their experience with the rest of the property by setting a positive or negative level of expectancy. The hall should be bright and feel warm (or cool depending on the time of year) and inviting. Clutter should be put away to make the area appear more spacious. Air fresheners, diffusers, scented candles or flowers are simple, but effective methods to enhance a buyer’s first impression of a property.”

Does the Living Room help you to decide whether to purchase a new home?

Simon Miller, Partner of Holroyd Miller said: “Open-plan kitchens create the lifestyle of family and friends coming together in a space that can accommodate eating, drinking and socialising. The kitchen is normally the most expensive and time-consuming room in a home to decorate or renovate. A kitchen already supplied with good quality appliances and high-end worktops are favourable. Buyers are usually looking for minimum effort, focusing on moving in and opening a celebratory chilled bottle of fizz.”

Steve Wayne, Director of Benjamin Stevens Estate Agents said: “The centre of any home is often thought of as the kitchen. Depending on the size of your kitchen, it can often be the social hub of any home. It is where loved ones come together and a space in which you can get creative, both in design and culinary delights. The advantage of an eat-in kitchen allows for communal meals and socialising. Good food and communication makes for a happy household.”

Jenny Owen, Head of Marketing for Sawyer & Co. said: “A room with a view is always a great selling point for buyers. A well-fitted, spacious bathroom is really popular and at the moment.”

Pav Lotay, Account Manager for the Guild of Property Professionals Head office said: “For me, the living room is the most social space in a property and the area which I spend the most time in. This is the room that stands out the most and would convince me to buy. I look for a homely property: a spacious living room where I can see myself having guests to visit and putting up a Christmas tree.”

Are you looking to sell your property? Contact one of our Guild agents today. Find your nearest office here.