Saturday, December 16, 2017
House Prices Rise the Fastest in the East Midlands - but what about Melton Mowbray?
Recently the BBC reported that the property prices in the region rose by 7% in the year to October - the largest rise in the UK - according to the Office for National Statistics (ONS).
Delving deeper into the report and targeting the Melton Local Authority house prices have seen an annual 6.07% increase in value from October 2016. Melton has seen a healthy increase in house price values through out the year peaking at 11 % for January 2017 vs January 2016.
Statistics are useful but a more detailed calculation of the value of a property you have invested in can be predicted by using the stats on sold prices Rightmove put together. You can look at the value property achieved on the same street or estate.
it is important to ensure that your investment is working well for you, rents are increasing - is your investment property achieving the best return it can?
If you would like to discuss the Melton Mowbray property market give me a call 01664 569700. Charlotte Baker