- Jukes Estate Agents -

APRIL 2023 NEWSLETTER

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Harlow property news update.

AN ESTATE AGENCY: OWNED AND RUN BY HARLOW PEOPLE, FOR THE PEOPLE & COMMUNITIES OF HARLOW.

APRIL NEWSLETTER

Harlow property news update

First of all can I take this opportunity to wish you all a very HAPPY EASTER!

Are you going to be like me and eat way too much chocolate?

Are you organising an Easter Egg hunt for the little ones?

Either way, have a great time and before we get into the heavier stuff: Here’s a little light hearted look at Easter and some stats you might find interesting..

  • An egg-stimated 80 million Easter eggs are sold in the UK each year. Based on an average cost of £5.18 each, this egg-quates to an egg-spenditure of over£400 million.The equivalent to over 1,400 average-priced homes.
  • By property type, this would be more than 1,700 terraced homes and over 1,300 bungalows, compared to 900 detached homes.
  • The largest decorated Easter egg was 16.72m tall and 10.88m in diameter, created by a local artist in Brazil on 18 February 2023, as part of the annual Easter festival.
  • This egg was twice the height of an average UK two-storey house of between 6 and 7.5 metres, and over 3 times the height of a bungalow. Sources: Dataloft, Finder, Land Registry, Guinness World Records, Gigacalculator, UK HPI Jan 2023, based on the average price of a UK home of £288,074

LATEST PROPERTY NEWS..

LATEST PROPERTY NEWS..

Official data indicates sales volumes in February were 4% lower than January, while mortgage approvals for the month were 10% higher, the most significant uptick at this time of year since 2011.In the 5 years prior to the pandemic, mortgage approvals in February were on average 1.2% lower than in January. With mortgage approvals considered a forerunner of housing market activity, demand in the sales market is likely to rise over the spring. The mortgage market is stablising. The decision by the Bank of England to raise the base rate of interest to 4.25% was largely expected and there has been little movement in long-term swap rates since the announcement. Spikes in sales volumes in recent times have historically been linked to government changes to property taxation. The impact of changes in 2016 and 2021 is clearly visible. In the last decade peaks in the sales market have been associated with changes to property taxation including the 3% surcharge on additional homes in 2016 and the Stamp Duty Holiday in 2021. Source: Dataloft, HMRC, Bank of England
BREAKING NEWS..
TOWN AND COUNTRY HARLOW are delighted to announce that in the very near future we shall be launching our brand new “PROPERTY AND MORTGAGE NEWS” magazine. This is going to be an online magazine and a hard copy magazine. It is going to be crammed full of every imaginable fact, stat, and news regarding the Harlow property market. Even more amazing is that fact that we have “drilled down” so that we can give you the stats, facts, and news for your individual postcode sector. If you want to subscribe to the online magazine, please email me direct on geoff@jukesestates.co.uk
OUR NEW WEBSITE IS NOW LIVE..
Our brand new website is now live.Please visit it to read all about us and to get the very latest property news etc.www.townandcountryhertsandessex.co.uk
WANT TO LEARN MORE ABOUT MORTGAGES?
We have just uploaded 20 videos onto our website all to do with mortgages. We were lucky enough to have had Emma Brook from The Mortgage Store come in and answer lots of questions. Most of the videos are just a few minutes long, but there is the entire 1 hour video there as well if you want to watch is! The other videos are all headlined, so you know exactly what the videos are about. Click the link to view them all: www.townandcountryhertsandessex.co.uk/latest-news
WHAT’S MY PROPERTY WORTH?

If you are searching for your next home and/or you are thinking of selling yours and would like some help, then please call us on 01279 295524 or 07703 782973

FREE ADVICE Plus Harlow property news update.

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www.townandcountryhertsandessex.co.uk
WE DON’T JUST SELL HOUSES, WE CHANGE LIVES!