Monday, 26 February 2018

How much does outside space really matter in Milton Keynes?



Outside space has always been a sought-after commodity, whether it’s acres of land or a balcony with pleasant views. Most property searchers have a few items on their list when looking for a new home, with some form of outside space usually near the top. But remember, gardens, balconies and terraces aren't just eye candy; they also add value to properties.

Buyers' attitudes towards, and appetite for outside space often comes down to the area where the property is located. As the chart above shows, the most common type of property in Milton Keynes is a semi. This means that a significant number of homebuyers will expect a reasonably sized garden with room for a couple of flower beds.

In Milton Keynes there are approximately 240,200 people living across 35,500 hectares of land. This means that the population density is 6.8 people per hectare. To put that in the national context, it scores 4/5, five being the most densely populated areas. We can therefore classify our area as suburban, which means residents' will have limited choices when it comes to outside space.

The demand for open space in Milton Keynes is essentially down to the density of housing in the area. Outside space will differentiate your property from others on the market, but quality is more important than quantity. If you'd like to know how to make the most of what you've got, please pop into our office so we can give you the inside track.


"A significant number of homebuyers will expect a reasonably sized garden with room for a couple of flower beds."




For this month's market update, we've decided to take a look at what percentage of total sales each house type accounts for each quarter. Whilst it doesn't show the actual number of sales, it's very useful for seeing what each property type is contributing to the total level of transactions. It also permits year-on-year comparisons, which negate the impact of seasonality.




Local property prices vs region & country

This chart shows how prices in the local area compare with those in the region and the national picture. Given our geographical position relative to the national economic centre of gravity, the relative price levels are what we'd expect.








If you are a landlord or thinking of becoming one for the first time, and you want to read more articles like this about the Milton Keynes Property Market together with regular postings on what I consider the best buy to let deals in Milton Keynes, out of the many of properties on the market, irrespective of which agent is selling it, then feel free to get in touch! Email me at danielle@inspiredagents.co.uk
If you are in the area feel free to pop into the office we are based at 181 Queensway, Bletchley, MK2 2DZ -the kettle is always on.
Don’t forget to visit the links below to view back dated deals and Milton Keynes Property News.

Thursday, 1 February 2018

TOP TIPS FOR PREPARING YOUR MILTON KEYNES HOME FOR SALE


From de-cluttering and cleaning to painting and repairing, give your property the best chance at selling this month with some TLC.
If you’ve decided to put your house up for sale then give it the best chance with these tips and tricks. After all, a little TLC never did anyone any harm and with a little attention in the right areas, you could increase your property’s views and offers.
A few touch ups can do wonders for first impressions and it doesn’t have to cost a lot. It may sound obvious but first things first, you need to thoroughly clean every single room and remove any clutter. You only have one chance at making a first impression so make the most of it. Imagine if you were visiting a property for the first time, to be met with a dirty, messy space. You wouldn’t be impressed! It is also important to be aware of the smell of your house. You may think bacon is the best smell in the world but will a potential buyer really want their possible future home to smell like that? Light a sweet smelling candle and purchase some room diffusers.
Constantly remind yourself that you want buyers to focus on how awesome your space is, not how messy it looks. Banish piles of fresh washing, clear away shoes from the hallway and keep the kitchen worktops clutter free. You also don’t want to put people with bold design features. You may love your dark orange dining room but neutral colour palettes will attract more people as they can view it as a starting block and a base to incorporate their own personality. You want to help people imagine their own family and creativity in the space.
Natural light is the easiest way to make a room seem brighter, bigger and cheerier. Open windows and any patio doors and ensure they are also clean. You should also make sure that any outdoor space you have, is clear and well kept. Think about what people notice when they drive up to your house for the first. Adding a few potted plants, LED lights and garden accessories will also heighten the good impression.
All those little things that you’ve been meaning to get around to but just haven’t – a buyer will notice these and will begin to think about the things that they might not be able to see. Set aside a weekend and fix those broken lights, paint that chipped wood and repair that broken floorboard. Little tweaks can make a big difference in the overall feel of a room and you don’t need to spend lots. Finish each room off with extras like a vase of flowers or cosy throw.
Finally, even though it is your house that is on show don’t forget to take a look at your own behaviour. If you come across as frosty and unwelcoming, this will also wear off onto the property. Happy house selling!
If you are a landlord or thinking of becoming one for the first time, and you want to read more articles like this about the Milton Keynes Property Market together with regular postings on what I consider the best buy to let deals in Milton Keynes, out of the many of properties on the market, irrespective of which agent is selling it, then feel free to get in touch! Email me at danielle@inspiredagents.co.uk
If you are in the area feel free to pop into the office we are based at 181 Queensway, Bletchley, MK2 2DZ -the kettle is always on.
Don’t forget to visit the links below to view back dated deals and Milton Keynes Property News.