The growing market – the impact of migration and the retirement generation on West Oxfordshire property prices

Household numbers

In their election rhetoric all the political parties informed us that the UK is experiencing a ‘housing crisis’, with all promising to deliver an additional million homes by the end of 2022. But what homes are needed and for whom? Here we look at one specific and growing market, the retirement generation.

Continue reading The growing market – the impact of migration and the retirement generation on West Oxfordshire property prices

How has the affordability of Oxfordshire housing changed over the last 14 years?

The Office of National Statistics (ONS) have just released their latest figures regarding housing affordability ratios. These are calculated by dividing house prices by gross annual residence-based earnings and can be used to track how affordable average homes are across Oxfordshire. Continue reading How has the affordability of Oxfordshire housing changed over the last 14 years?

House prices are set to grow by 3.4% in 2017

house-price-growth-2017
The OBR (Office for Budget Responsibility) predict that house prices will increase by 3.4% during 2017. This would make the average home across England and Wales £236,890 by the end of the year, a rise in value of £7,789. Continue reading House prices are set to grow by 3.4% in 2017

Just how active is the Witney property market?

I saw an article recently highlighting the most active housing markets in the UK and this made me wonder how Oxfordshire and the surrounding areas compared.

turnover-league-tables Continue reading Just how active is the Witney property market?

National Sales & Lettings Report

For a free copy of the very latest sales and lettings report, please click the link at the bottom of this post. The national report covers:

  • Overview of sales and lettings markets
  • Latest statistics on rent values and tenant demographics
  • Landlord sentiment post-Brexit and Stamp Duty reform

We hope you’ll find this to be an interesting and informative read. Don’t forget our latest Cotswold report is packed with local information to help you navigate the property maze.

LATEST SALES & LETTINGS REPORT

We look forward to hearing from you

Brendan Kay
Managing Director – Martin & Co Witney and Cirencester
brendan.kay@martinco.com

national-market-summary-image-aut-win-16

Local Perspective on the Property Market

20161012-img_0068The historic Witney Blanket Hall was a stunning backdrop for the second Witney Property Seminar hosted by a range of locally based, professional businesses with experts in law, mortgages, tax, insurance and property. Continue reading Local Perspective on the Property Market

Cotswold Housing Affordability

A recent news article from the BBC highlighted the issues surrounding housing affordability around the country. We’ve extracted the local information to build a local picture for ease of reference. Experts recommend spending no more than 30% of your salary on housing which is where the ‘affordability’ figure comes from:

Cotswold Housing Affordability