Docklands News

97% of properties sold for asking price

2nd May 2014

A lack of supply and a high volume of demand in the UK housing market means that almost 97% of properties are now being sold for their asking price, the highest level since September 2002.

Source: Daily Mail (28/04/2014)

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Property price junkies

2nd May 2014

Homeowners in London have been dubbed “property price junkies” after found that they check the price of their homes at least once a week, whether or not they are selling.

Source: Daily Express (02/05/2014)

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The average house will cost £900,000 in 20 years

2nd May 2014

Research suggests that the average price of a house in England could double in the next decade and reach more than £900,000 by 2034.

Source: The Guardian (01/05/2014)

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Docklands property outperforms capital

25th April 2014

New research shows that house prices in Canary Wharf and Wapping increased by an average of 17.2% in the 12 months to the end of March – well ahead of the prime London average of 13.1%.

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New development coming to Rathbone Market

25th April 2014

Newham Council has submitted plans for a 650-home development at Rathbone Market in Canning Town, to be delivered in partnership with the English Cities Fund (ECF).

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First-time buyers in London need £70,000

25th April 2014

Research from JLL suggests that first-time buyers need £70,000 to cover the deposit, 3% stamp duty, and moving costs, to get on the property ladder in the capital.

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