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In July, average asking prices dropped by 1.2% to £373,709 as more homes hit the market, giving buyers more choice. Despite this, demand remains strong with sales up 5% and mortgage rates falling to 4.53%. Sellers need to price competitively to stand out and attract serious interest in a busy summer market.
It’s no great revelation that young people in Binfield are finding it increasingly difficult to buy a home. Rising living costs, modest wage growth, and stricter mortgage lending rules have all contributed to a noticeable shift in the housing landscape.
In an age of towering new build flats and sprawling three-storey town homes, there is something refreshingly honest about a bungalow. No stairs. No split-level gimmicks.