Company Tag: Zoopla
Budget 2021: Property industry reactions
"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...
‘A turning point for house price growth’: Pandemic property boom to ease next year, but ‘no sign of a cliff edge’
2021 is set to be the UK property market's strongest year since 2007, both in terms of sales volumes and house price inflation, according to Zoopla.
The total value of British homes has climbed by £1.6 trillion in the last five years
A sharp acceleration in property price inflation means that the combined value of British homes has climbed by £550 billion (a third of the total five-year increase) in just the last 12 months, according…
Millionaires’ Rows: Britain’s most expensive streets in 2021
There are now 11,673 streets in Britain where the average property value is over £1m, says Zoopla, which has crowned Kensington Palace Gardens as the UK's priciest address for the thirteenth year in a…
Fastest-moving property market in five years, as buyer demand stays high
The annual rate of UK property price inflation was running at +6.1% in August, according to Zoopla; that's more than double the rate recorded in August last year.
Zoopla sets up Lettings Advisory Board to guide growth
Property portal's new Lettings Advisory Board aims "to bring agents into the heart of decision making at Zoopla and maximise customer collaboration."
Rent inflation reaches a decade high as tenant demand jumps by a third
"This unprecedented rate of growth is driven by the post-lockdown reopening of cities, and a return among tenants to the city rental landscape," says Zoopla.
‘Acute’ property stock shortage to continue into 2022 – Zoopla
“The post-pandemic ‘reassessment of home’ has further to run," says Zoopla, as the UK's property market faces its "greatest stock shortage since 2015."
Property portal trumpets surge in agent leads
Zoopla's "marketable database" has more than doubled in size (+104%) since last year.
House prices are rising at five times the rate of flat prices
Zoopla's research chief Grainne Gilmore expects property price inflation to continue to accelerate in the coming months, "peaking at around 6%, before falling back to between 4%-5% by the end of 2021.
Buyers move further for bigger homes
In the South West, buyer interest for larger 4+ bed homes comes from a radius that is five times that of interest for 1-3 bed homes.
A fifth of homes have seen values rise by more than the average UK salary in the last year
Zoopla estimates that 4.6 million private homes in the UK rose in value by more than £30,500, the average UK salary, in the last year. That's 21% of all privately owned homes in the country.