The Labour Party has enjoyed a landslide UK General Election victory this month – and even returned Ruddington’s first Labour MP in over half a century. Although housing was not top of everyone’s agenda this time around, it’s still an important subject that many home owners, and soon-to-be first time buyers, are watching very closely, writes Benwell Daykin Estate Agents. But has the General Election impacted house prices already, and will it cause any significant changes now the election has taken place? Has the general election affected house prices so far?…
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Nottingham Property Prices Summer 2024
UK house prices are growing again throughout the country writes Ruddington’s Benwell Daykin Estate Agents. The latest data for May, released at the beginning of June, suggest prices rose 0.4 per cent in the last 4 weeks. This data comes straight from Nationwide. House prices have remained fairly static throughout Spring 2024, however a small rise in wages and a dip in inflation has meant prices are on an upward trend once more. The average UK house price now stands at £264,249, compared to £261,962 in April. Nottingham house prices in…
Read MoreThe Most Popular Property Type in Nottingham is… ?
Our very own Benwell Daykin estate agents here in Ruddington, have analysed 2024 sold house price data to find the ultimate, most desirable property in Nottingham right now. With the uncertainty surrounding the housing market late last year, confidence is slowly creeping back but many are still asking, what makes my property sell quickly and for the right price? To find out, Benwell Daykin analysed the 209 properties from NG1 to NG16, that came to market in January 2024 and sold (subject to contract) within 30 days. They could therefore…
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