Stunning price appreciation in East of England according to Home.co.uk

Home.co.uk released their Asking Price Index yesterday 14th February headlined ‘Home Prices and Supply Surge in the East’.

In their summary they mention: Whilst the London market continues to suffer the consequences of oversupply and overly high prices, it is the East of England that leads the regional league table with stunning price appreciation.

They state: Explosive price growth in the East of England reverses previous falls in December and January and takes the average home price to a new all-time high.
Apart from London, the South East and the East of England, confidence is apparent across all other English regions.

Doug Shephard Director at Home.co.uk leads in his comments by saying “Buy-to-Let is not dead. However, the various new tax rules recently imposed will mean astute investors will be incentivised to focus on locations that offer the best yields and rising rents”.

Read the Home.co.uk Asking Price Index report February 2017 and comments from Director Doug Shephard in full click here

 

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Westminster Council Embraces the Worst Aspects of NIMBYism

In May 2025, Westminster Council will seek to ban ‘For Sale’ signage across the borough, adding to the growing list of localist powers that are being misused by councils through tacit nods to NIMBYism and the creation of new revenue streams. Misuse of Localism Powers   Abuse of ‘localism’ powers is not uncommon. In 2024,…
Read More
bank of england interest rate
Breaking News

Bank of England Money and Credit – November 2024

Overview These monthly statistics on the amount of, and interest rates on, borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the UK banking system. Key points: Net borrowing of mortgage debt by individuals fell by £1.0 billion, to £2.5 billion in November.…
Read More
bricks rubble
Commercial Agent Talk

Understanding the Importance of Waste Management in Tampa

Tampa, located on the Gulf Coast of Florida, is a vibrant city known for its sunny weather, flourishing tourism, and growing business sectors. With a population that continues to rise, the demand for efficient waste management practices has never been greater. Proper waste handling is critical not only to preserve Tampa’s pristine beaches and nature…
Read More
to let sign 2025
Letting Agent Talk

Quick Survey for Letting Agents & Property Managers – Chance to Win £200!

A short 2-3 minute survey researching the processes and challenges Letting Agents and Property Managers face in property maintenance and management. As a token of appreciation, all participants will be entered into a draw to win a £200 Amazon or Uber Eats Gift Voucher! https://s.surveyplanet.com/3inqb13s Thank you for your time and insights!
Read More
Breaking News

Nationwide: Strong end to the year for UK house prices

UK house prices up 4.7% year on year in December Northern regions see higher price growth than southern regions Northern Ireland best performing area for second year running, with prices up 7.1% over 2024 East Anglia weakest performing region, with prices up 0.5% over the year Headlines Dec-24 Nov-24 Monthly Index* 540.8 536.8 Monthly Change*…
Read More
Breaking News

28.8% of property sales fell through before completion in 2024

The most common reasons for failed sales include the buyer pulling out or failing in an attempt to renegotiate a lower purchase price after a survey (27.3%), the buyer changing their mind and withdrawing from the sale (23.6%), and difficulty getting a mortgage (21.8%). Reasons for failed sales Reason Percentage of failed sales Buyer pulled…
Read More