What did the SS5 housing market do in February 2024?  Find out here.

What did the SS5 housing market do in February 2024? Find out here.

Our SS5 postcode expert, Jo Barham has produced her monthly update on the housing market highlighting the trends which affect the value of our properties. Have a read and find out what has been happening this month in the Hockley and Hullbridge areas.

Hello Everyone, Here is my housing market report covering the SS5 post codes over the month of February 2024. I hope you find the information useful.

After the better than expected January housing market and our positive early year expectation the February market has been a little underwhelming! 

Less properties listed for sale, less properties sold and more price reductions

Why? The half term holiday, the lenders decision to increase some mortgage products, the cold weather affecting weekend viewing numbers, it could be any number of reasons.

That said, plenty of new applicants, sale prices still remain high in comparison to asking prices but buyers are looking for good value buys, they are certainly not getting carried away yet.

All eyes now turn to March 6th and the Budget, housing market initiatives are being discussed, watch this space! 

Thanks for reading, Jo Barham 01702 207720


Get in touch with us

If your home has been sitting on the market with no progress, you’re not stuck. Switching estate agents is easier than you think, if you understand your contract and prepare properly. Here’s the truth, the timelines and the process to relaunch with impact.

Getting on the property ladder in the UK is no easy feat. Between rising house prices, large deposits, and extra costs like Stamp Duty, first-time buyers face a serious challenge. But a new proposal from Conservative leader Kemi Badenoch could offer real relief: scrapping Stamp Duty on homes bought as a main residence.

Selling for the first time can feel overwhelming. Everyone has advice, most of it conflicting. Here are the key questions to ask every estate agent, plus the step-by-step process you’ll go through to launch your home the right way.

Autumn may not be the first season that comes to mind when people think about moving, but it can be a surprisingly strong time to sell. Buyers who are still active at this stage of the year tend to be serious about completing before Christmas or the new year. With the right preparation, your home can stand out and attract motivated buyers even as the nights draw in.