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Woodley Craig Pearson

5 days ago

Top 25 Most Saleable Streets in Reading

Following on from my last article, if you recall I said that Wokingham Road had the most properties sold in the RG6 Reading postcode, yet I felt that this information wasn't telling the whole story...

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Woodley Craig Pearson

3 weeks ago

A few months ago, I wrote an article on the Reading PropertyBlog about the length of time it took to sell a property in Reading and thesaleability of the different price bands. Here's an update on the current timescales...

Photo of Woodley Craig Pearson

Woodley Craig Pearson

1 month ago

Reading Property Market: Is Sell to Rent the new Buy to Let?

It doesn't seem two minutes ago that it was 90 degrees Fahrenheitin the shade (32 degrees Celsius for my younger readers), hosepipe bans lookedlikely and it was simply too hot to sleep at night, yet early indications were,that as the temperatures soared, the Reading property market appeared to bedoing the reverse and was already starting to cool down...

Photo of Woodley Craig Pearson

Woodley Craig Pearson

1 month ago

Reading House Prices vs Reading Rents since 2006

The Reading housing market is a fascinating beast and has been particularly interesting since the Credit Crunch of 2008/9 with the subsequent property market crash. There is currently some talk of a 'property bubble' nationally as Brexit seems to be the 'go-to' excuse for every issue in the Country. Upon saying that, looking at both what we do as an agent, and chatting with my fellow property professionals in Reading, the market has certainly changed for both buyers and sellers alike

Photo of Woodley Craig Pearson

Woodley Craig Pearson

2 months ago

Reading Property Market - Summer 2018 Update

In the North, there are 7.12% less properties on the market than 12 months ago, whilst in contrast, in the South, there are 14.7% more properties on the market than 12 months ago. Is Reading was falling in line?

Photo of Woodley Craig Pearson

Woodley Craig Pearson

2 months ago

7 Reasons Why Reading Buy To Let Landlords Shouldn't Be Criticised

There is no escaping the fact that over the last couple of decades, the rise in the number buy to let properties in Reading has been nothing short of extraordinary. Many in the "left leaning." press have spoken of a broken nation, the fact many youngsters are unable to buy their first home with the rise of a new cohort of younger renters, whom have been daubed 'Generation Rent' as landlords hoover up all the properties for their buy to let property empires.

Photo of Woodley Craig Pearson

Woodley Craig Pearson

2 months ago

3.1% Drop in the Reading Property Market

According to my research, the seasonally adjusted statistics for our local authority area suggest with the number of properties already sold in 2018, and the number of properties currently under offer or sold subject to contract (allowing for property sales to fall through before exchange of contracts) we, as an area, will end the year 3.14 per cent lower compared to 2017.

Photo of Woodley Craig Pearson

Woodley Craig Pearson

3 months ago

52 Days to Sell a Property in Reading

Whether you are a Reading landlord looking toliquidate your buy to let investment or a homeowner looking to sell your home,finding a buyer and selling your property can take an annoyingly long time. Itis a step-by-step process that can take months and months. In fact, one of theworst parts of the house selling process is the not knowing how long you mightbe stuck at each step.

Photo of Woodley Craig Pearson

Woodley Craig Pearson

3 months ago

Value of Reading Property Market falls £317.5m

The combined value of Reading's housing market has fallen by£317,509,050 in the last 6 months, meaning the average value of a Readingproperty has decreased in value by an average of £4,881.

Photo of Woodley Craig Pearson

Woodley Craig Pearson

4 months ago

'Taxing' Time for the 10,809 Reading Buy To Let Landlords

Over the last twenty years, there has been a shift in the way the Reading (and the UK's) property market works. In the 1960's, 70's, 80's and 90's, a large majority of twenty somethings saved up their 5% deposit, went without life's luxuries of going out and holidays etc., for a couple of years and then bought their first home with their hard earned savings.

Photo of Woodley Craig Pearson

Woodley Craig Pearson

4 months ago

What will happen to Reading property values if interest rates rise?

The current average value of a propertyin Reading currently stands at £429,200 and the base rate is at 0.5%. In many ofmy articles, I talk about what is happening to property values over the shortterm (i.e. the last 12 months or the last 5 years), but to answer this questionwe need to go back over 40 years, to 1975.

Photo of Reading Craig Pearson

Reading Craig Pearson

5 months ago

Additional 8,119 Reading Rented Homes Required by 2027

According to the Office of National Statistics, in the last financial year nationally, private renting grew by 74,000 households, whilst the owner occupied dwelling stock increased by 101,000 and social stock increased by 12,000 dwellings. What does this mean for the reading property market?

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