Purplebricks

The latest House Price Index data from the ONS is here, and we've rounded up the highlights for you: * Average UK house prices have risen by 2.9%, bringing the typical property value to £292,000. 🎉 The top 5 areas showing the biggest year-on-year increases in value are: 1. Shetland Islands: +19% (+£39,527) 2. East Renfrewshire: +11% (+£32,433) 3. Cherwell: +9% (+£32,402) 4. Cambridge: +6% (+£28,319) 5. Forest of Dean: +9% (+£28,106) Curious about how properties in your area have performed over the past year? Use our online calculator to compare your region to others across the UK! 🏠 Check it out here: https://ow.ly/lZKH50UbHoz 
*Data sourced from ONS UK House Price Index for Sept 2024, published 20 Nov 2024.

📉 Bank of England Interest Rate Update: What It Means for Borrowers 📉 The Bank of England has reduced its base rate from 5% to 4.75%, which could impact mortgage repayments and affordability. If you’re on a variable rate, you may see a drop in your monthly payments. And for those exploring new mortgage options, this could be a great time to speak to a mortgage advisor about the possibilities. For more insights on how this change affects you, check out the latest update from our Purplebricks Mortgages team. #InterestRates #MortgageAdvice #Purplebricks

We're thrilled to have taken home Gold at the ESTAS Awards on Friday! 🌟 We're privileged to be able to help people through one of the biggest moments in their lives - moving home. We take pride in knowing that we're making a real difference and delivering a service that people genuinely value. It was a huge honour to be part of such a special occasion, surrounded by the best in the industry, and we’re incredibly proud of everyone who helped us to achieve this award. Well done team! 💜

Are you in the top 5 areas for housing market growth? 🏠 📈 The latest ONS House Price Index data has just been released, and we’ve done a quick roundup of the top findings: Average UK house prices increased by 2.8%, with the average house now valued at £293,000*. 🎉 The top 5 areas gaining the most value year on year are: 1. Shetland Islands +24% +£53,049 2. Winchester +9% +£46,432 3. East Renfrewshire +11% +£34,322 4. Cherwell +9% +£33,090 5. Broxbourne +8% +£32,514 Take a look at our online calculator, which shows how well your area did compared to other regions in the UK. 💜 https://lnkd.in/eHaHR_VQ *ONS UK House Price Index data for August 2024, published on 16 October 2024

The Bank of England announced that the base rate will hold at 5%, but what does that mean for the housing market?🏠

It’s that time again! 💜 The latest House Price Index data has just been released by the ONS – we’ve done a little roundup of the findings: Average UK house prices increased by 2.2%, with the average house now valued at £290,000*. 🎉 The top 5 areas gaining the most value year on year are: 1. Stratford-upon-Avon +11% +£41,676 2. Shetland Islands +18% +£38,137 3. Cherwell +10% +£36,338 4. Monmouthshire +10% +£36,279 5. Mid Sussex +7% +£30,442 Thanks to our online calculator, you can see how much properties in your area have gained or lost in the last year, compared to other regions in the UK. 🏠 Take a look! https://lnkd.in/eHaHR_VQ *ONS UK House Price Index data for July 2024, published on 18 September 2024

Got to love September

🏡 Let’s Talk Stamp Duty – No Jargon, Just the Facts! 🏡 We know the words "Stamp Duty" might make your eyes glaze over, but don't worry—we're here to make it simple. Whether you're a first-time buyer or already on the property ladder, understanding Stamp Duty can feel like an impossible task. But it doesn't have to be that way! Stamp Duty is basically a tax you pay when you buy a property, but how much depends on the price and a few other factors. Our handy Stamp Duty Calculator breaks it all down for you—no confusing jargon, just clear numbers. Curious to know how much you'll need to budget for? Head over to our page and get all the info you need in a couple of clicks. You'll find a simple breakdown of Stamp Duty rates and what it all means for you, so you can move forward with confidence. https://lnkd.in/e6Eqmdee

Want to know how the housing market is doing in your area? The latest House Price Index data has been released so we’ve done a little roundup of the top findings. 💜 Average UK house prices increased by 2.7%, with the average house now valued at £288,000*. The top 5 areas gaining the most value year on year are: 1. Shetland Islands +25% +£55,239 2. Oxford +10% +£48,405 3. Stratford-on-Avon +11% +£43,758 4. Winchester +8% +£41,542 5. North East Derbyshire +16% +£38,727 Thanks to our online calculator, you can now see how much properties in your area have gained or lost in the last year, compared to other regions in the UK. 🏠 https://lnkd.in/eKFCXZXY *ONS UK House Price Index data for June 2024, published on 14 August 2024

Buying or selling a property and need some guidance? Moving to a new part of the UK and want to know more about the area? Or simply want to know more about the process of moving home? We’ve got you covered! Take a look at our new property guides page for all the guidance you need for a smooth moving process. https://lnkd.in/eByvrYb4