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ABODA FINE HOMES

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FINE HOMES

Welcome to my blog

 

Here you can read all my advice, tips and property market knowledge about buying and selling a high value home in the Wisbech Town & Village area

By Alex at Aboda, Oct 31 2020 10:05PM

If you are selling, buying or moving home in the Wisbech area, you need to save/bookmark this link to keep up to date with the current and changing Government advice and guidance on moving home during Coronavirus (COVID-19)


If you ever need any advice about buying/selling/moving home - let me know - I'll always be happy to help!


I'll be there with you all the way - whenever needed!


Stay Safe - Keep Calm - Much Love


Alex Doggett - Owner

ABODA Fine Homes

By Alex at Aboda, Jan 21 2020 02:40PM

New Year, new you, new home?


As we welcomed in 2020 many of us turned our minds to our resolutions and how we will start changing our lives for the better.


A national newspaper recently published a survey of the top 50 New Year’s resolutions made by the British public.


Rather than cover the entire list here’s the top five things people wanted to change about themselves. (By the way, number 32 could have applied to us – eat less biscuits!)


1) Exercise more.

2) Eat more healthily.

3) Cut down on alcohol.

4) Stop smoking.

5) Spend less time on Facebook /the internet.


At ABODA as much as we’d love to, we can’t help you with those, but we can definitely ably assist you with number 14 on the list – move to a new home.


Contrary to a general misconception January is a good time to put your property on the market for several reasons. Firstly the turn of the year, as shown by the aforementioned survey, is when people take stock of their lives and think of moving.


Secondly, many people wait to the spring before putting their property on the market and in doing so they join what’s traditionally a very congested market place. Your property will stand out from the crowd because at this time of the year there isn’t much of a crowd to speak of.


Last, but not least, potential buyers are surfing the internet daily looking for their next new home. In our experience spring and summer viewers can be made up of a lot of ‘window shoppers’. People who aren’t sure of their moving plans but are just having a look at what’s out there.


People who are looking for property in the winter tend to fall into the serious buyer category and we find more places are sold with less viewings during this time.


So good luck with your 2020 resolutions, and if moving tops your to do list give us at ABODA a call as we’d be delighted to help.


Feel free to get in touch if you'd like any help or advice about what's happening in our local property market - we are always happy to help!


Alex Doggett – ABODA Fine Homes - Owner




By Alex at Aboda, Oct 10 2019 11:19AM

Here's a quick snapshot of what's been happening in our property market in the East of England:


House prices - The average price of a home rose by 0.7% in July compared to a year ago, according to the official UK house price index. Strongest growth is currently in Wales with prices rising by 4.2%.


Transactions - Confirming a small summer bounce, sales levels in August were 0.9% higher than a year earlier according to the HMRC. This is a significant turnaround from a -14.8% fall in July although momentum is not expected to be sustained into September.


If you would like a more detailed report of what's happening - please feel free to get in touch with ABODA Fine Homes - we are always happy to help!


Alex Doggett - Owner - ABODA Fine Homes



By Alex at Aboda, Oct 2 2017 07:46PM

Wisbech home values are still up 8% over the last 12 months and up 31% over the last 5 years - continuing to out-perform the national average of 5% over the last 12 months despite an 11% decrease in local transaction levels in the Wisbech area


Mortgage approvals have spiked by 11% nationally possibly by the impending interest rate hike


House prices across the UK rose by 5.1% in the 12 months to July according to the ONS, unchanged on growth in the year to June. Average prices are currently rising most strongly in the East Midlands which has seen 7.5% growth in the last year.


Mark Carney, the Governor of the Bank of England has indicated that interest rates will rise in the "relatively near future". Interest rates have remained at their historic low of 0.25% for over a year despite rising inflation. The Monetary Policy Committee who set interest rates will next meet on 2nd November.


1.09 million property sales took place in the year to end of March 2017, netting the Treasury £8,590 million in Stamp Duty Land Tax revenue. Revenue was up 11% from 2015/16 while transaction levels were down 8%. A substantial part of the increase is the impact of the 3% additional levy for second properties introduced on 1st April 2016, which contributed £1,705 million.


Mortgage approvals recorded a substantial annual increase of 11.3% in July, however this increase should be viewed with caution as it compares with the period immediately after the UK voted to leave the EU. Approvals were up 5.2% on June levels, however, suggesting a greater stability in the market than some expected to see.


Average rents across Great Britain rose by 1.6% in the 12 months to August, slightly down from the 1.8% growth recorded in the year to July. As well as currently seeing the highest rates of annual house price inflation, the East Midlands region is currently seeing the strongest annual growth in average rents at 2.8%.


Over the last 12 full months there have been 1,035 sales in Wisbech PE13 & PE14. This is a −11% change on the previous 12 month period. The average sales price was £172,034.


53% of homes sold were detached and 83% of homs sold were less than £250k


READ OUR FULL REPORT HERE

By Alex at Aboda, Dec 2 2016 08:48PM

Keeping you informed and helping you cut through the noise in the media about what is really going on in the national and local property market.


It's a brief yet informative and easy to read selection of key market trends, data and summary points that are worth noting this month.


Should you ever wish to discuss in more detail, please feel free to drop me an email and we can arrange a time to have a brief chat.


Thanks - Speak Soon


Alex



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