House Price Growth


Sell My House Quickly in Shepherd’s Bush

Sell My House Quickly found another interesting article about Shepherd’s Bush. Where to buy in 2021:8 London neighbourhoods on track for house price growth.

The London housing market has entered its busiest first quarter in a decade as home-movers rush to complete before the end of March stamp duty holiday deadline, despite being plunged into lockdown 3.

The market is fully open, in line with Government guidance, with buyers still able to view property and move home and conveyancing and surveys allowed.

Bank of England mortgage approvals rose seven per cent in November to the highest level since the property peak in 2007. This activity will flow through the new year.

New data from Experian has revealed that the purported surge of people leaving inner London has been overblown.

In 2019, for every 100 households moving into inner London from elsewhere in the UK 114 moved out. In the six months from March to September 2020, migration out of inner London rose only slightly.

“Migration out of inner London has increased but far less than some apocalyptic commentators have suggested,” says Lawrence Bowles, analyst at Savills.

“We expect this to slowly reverse next year as we see a vaccine rollout.”

But with everything we thought we knew turned on its head this year, where in London should home buyers look now?

New research by Homes & Property and Foxtons reveals the home-buying hotspots for 2021. These are areas where house prices have slumped over the past five years making them ripe for growth, or neighbourhoods in the midst of transformation.

Shepherds Bush

WheretobuyShepherdsBush House Price GrowthWhy it’s one to watch: According to the Foxtons report, Shepherds Bush is “an undervalued area of London. The arrival of White City Westfield triggered a pipeline of new developments which continue to smarten up the area including the conversion of the old BBC studios into homes.

Where to buy: New apartments in the Berkeley Homes’ scheme White City Living launched on January 9.

The one- two- and three-bedroom pads sit in five acres of gardens with a 150m stream running through it, residents have access to a gym, swimming pool and lounge too. Prices start from £845,000.

Nearby Old Oak Common is earlier in its Crossrail-led transformation and offers more for your money.

Apartments in One West Point, which will be the tallest tower in west London, start from £495,000 (contact JLL on 020 3553 6811).

We found this article about House Price Growth on Homes & Property. Kindly click the link to read the full story.

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