As an experienced estate agent based in Lincoln, I like to monitor the UK and Lincoln property market trends. Therefore, I will start by analysing the 2024 property market (both nationally and locally) and then give my predictions for 2025. In 2024, the UK property market recorded 1,230,136 homes sold…
Smaller household sizes are one of the reasons the Lincoln (and the UK) property market and house prices will continue to hold up well in the medium to long term. British households for the last 100 years have been getting smaller, and this trend will drive demand for property and…
For decades, baby boomers in the UK have been the quiet beneficiaries of a housing market that has worked in their favour. Rising property prices and a growing housing shortage have pushed home values sky-high, giving this generation substantial equity in their homes. However, as more and more boomers enter…
The number of agreed UK property sales until Saturday, 22nd November 2024, is 18% higher than a year ago. Breaking those stats down even further, as of 22nd November 2024, 1,009,340 UK homes had been sold subject to contract (STC), an 18% increase from the 855,083 homes sold STC in…
Are you a homeowner in Lincoln? Perhaps you’re planning to move/sell/buy within the next six to twelve months, or maybe you’re on the lookout for your next dream home and have no timescales. Whether you’re buying or selling, having a clear understanding of the current state of the property market…
It’s no secret that the younger generation in Lincoln is finding it tough to get onto the property ladder. With the rising cost of living, stagnating wages, and stricter mortgage criteria, it’s no surprise that fewer under-34s are becoming homeowners. But just how grim is the picture? And is there…
As the property landscape in Lincoln continues to evolve, many homeowners who have been on the market for a while find themselves navigating the complex decision of when and how much to reduce their asking prices to attract buyers. With an increasing number of properties on the market in the…
While the statistic of an average home in Lincolnshire costing 7.47 times the annual salary might initially appear discouraging, it’s crucial to examine this figure through various lenses to gain a comprehensive understanding of affordability. Let’s delve deeper into the factors influencing homeownership in the region. The Historical Rollercoaster of…
If you’ve ever considered selling your Lincoln home, you may have felt the temptation to list it at a higher price, hoping for a bigger payday. After all, who wouldn’t want to maximise the return on their largest tax-free investment? However, this approach has a downside that many Lincoln homeowners…
The terraced house, once considered a relic of the past, is making a notable comeback. But one might wonder—did it ever truly go out of fashion? The simple, unassuming two-up two-down, a hallmark of Victorian red-brick Britain, is now being rediscovered by modern Lincoln buyers looking for more than just…
The private rental sector in Lincoln has seen a 44.8% increase in average rents since 2016, according to data compiled by TwentyEA and Denton House Research. That headline statistic is bound to catch a lot of attention. For tenants, it may raise concerns. For Lincoln landlords, it is a sense…
In today’s Lincoln housing market, property market data isn’t just helpful – it’s essential. For Lincoln homeowners and landlords looking to buy or sell a home, understanding the latest Lincoln property trends, buyer behaviour, or house pricing movements is the difference between making a confident move and flying blind. Data…
As Lincoln’s property market shifts and grows, sellers who’ve been on the market a while often face a tricky question: when to tweak the asking price—and by how much—to spark new interest. With the number of homes for sale in Lincoln’s LN1 to LN6 postcodes jumping from 1,595 in March…