The Flyer
Why it’s a good idea to make your
move in Sawbridgeworth before 2019
The benefi ts of owning a home in Sawbridgeworth are huge. While it’s true that
across the country homeowners are benefi tting from steady and reliable capital
growth, here the rewards are even greater. The core reason is that the area we
live in is popular and just keeps getting more so.
Let’s take a look at the numbers. Over the course of the last market cycle, prices
here have risen, on average by 3.9 per cent per year. That means since 2010, the
average homeowner has made £12,300 per year just by owning a house. There
are of course differences between house types; more expensive homes tend
to increase more in value, as a proportion, than smaller types, which is a great
reason to stretch your budget as far as you can within reason.
Market conditions have been fairly good over the last few years, in stark contrast
to other parts of the country. Yet it’s an undeniable fact that we’re between two
market cycles and sales volumes have been low. If this next cycle takes the same
course as the last, which kicked off after the credit crunch, 2019 looks set to be a
year of strong house price growth.
That’s why now is the time to grab the bull by the horns if you’re thinking of
making a move in Sawbridgeworth. Well-priced homes in the area will always be
snapped up quickly, but if you want to make the most out of 2019, you’ll need to
get a move on. As ever, the best way to make sure you win is to work with a local
market expert who understands the market inside out.
Prices over time vs region and national
A lot has happened in the property market recently, particularly when it comes to
prices. However, what’s happening locally doesn’t always refl ect what’s going on
regionally or in the country as a whole. This chart shows prices side-by-side and
reveals telling patterns
Overall sales levels in the last few quarters
There’s so much going on in our local market it’s sometimes hard to keep up.
However, one of the measures we as property professionals are fi xated on is how
many sales are taking place. This chart shows the total number of sales over the
last few quarters.
Hours worked each week
Nobody ever lay on their death bed wishing they’d spent more time in the offi ce.
However, most of us have our nose to the grindstone to make ends meet and our
area is no different. This chart shows how long the working week is for people
here.
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