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When most homeowners decide to put their Blackwater home on the market, they assume one thing.
In early 2023, property forecasters predicted a significant UK housing downturn over the next two years, citing rising interest rates following Liz Truss's departure. Halifax expected an 8% drop, Savills predicted a 10% drop, and Nomura Bank forecast up to a 15% drop.
Warfield’s 2–3 bed price gap has widened sharply since 2006, but moving up isn’t as unaffordable. Lower mortgage rates, higher equity, and incomes mean real monthly costs have risen less than headlines suggest making some moves more achievable than assumed.
Are You Googling Things Like: “Should I reduce my asking price?” “Why isn’t my house selling?” “How to sell my home faster without dropping the price?” If so, you’ll be one of many. But before you agree to a reduction, let’s look at what else might be holding things back.