Braintree district: Estate agents remain cautious despite house price rise

Braintree district: Estate agents remain cautious despite house price rise

Braintree district: Estate agents remain cautious despite house price rise

First published in News

House prices in Braintree and Witham climbed in 2012, but estate agents aren’t getting carried away.

According to Halifax’s latest figures, house prices in Braintree went from an average selling price of £207,728 in 2011 to £214,174 last year - an increase of 3.1 per cent.

The mortgage lender was unable to provide figures for Witham due to a “low sample size”.

But Russell Davis, branch manager of Allen Estates, in Newland Street, Witham, said the firm’s own statistics indicated its average selling price rose from £169,971 to £177,454.

SEE THIS WEEK'S BRAINTREE AND WITHAM TIMES FOR THE FULL STORY

Comments (1)

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9:43pm Fri 11 Jan 13

Bit_Bytr says...

The average price is 204,000??? Holy mackerel. And for this I get to pay what in council taxes? In sales and stamp duties? No chance of getting a fixed rate mortgage for a thirty year loan. No tax break for mortgage interest. Etc. etc.

Rent, anyone? No maintenance costs, no council taxes, no worries!

Why in the hell would I want to buy a property in the UK (unless I was rolling in dosh, of course)?
The average price is 204,000??? Holy mackerel. And for this I get to pay what in council taxes? In sales and stamp duties? No chance of getting a fixed rate mortgage for a thirty year loan. No tax break for mortgage interest. Etc. etc. Rent, anyone? No maintenance costs, no council taxes, no worries! Why in the hell would I want to buy a property in the UK (unless I was rolling in dosh, of course)? Bit_Bytr
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