14th August 2020
The generally accepted definition of a recession in the UK is when GDP falls in 2 successive quarters – the UK economy shrunk by 2.2per cent between January and March and 20.4 per cent between April and June according to the National Office of Statistics. This officially put the UK in recession for the first time since 2009. But this recession is very different to the financial one of 2009 where the Government made the decision to shut down large sections of the economy as a result of Covid-19, but were able to put measures in place such as the Furlough Scheme and Stamp Duty holiday as a result. It also means that the financial system has not frozen in the same way it did during the financial crash of 2008/9 when house prices dived.
20th July 2020
We monitor closely the Rightmove Houseprice index and so are interested to see that the average price of property coming to the Market in July is £320,265 up by an average of 2.4%. The price of property coming to market is an accurate early indicator of demand, evidenced by unique buyer enquiries currently being up 75% so far this month compared to the same period a year ago according to Rightmove.
15th July 2020
Please view our 3D virtual tour presenting a particularly fine stone built detached house of cottage appeal which is believed to be one of the oldest properties in Bramhope dating back to 1621, as indicated by the insignia above the inner entrance door. A great opportunity to acquire a lovely property of individual charm and character with beamed ceiling which occupies a sizeable plot with a private shaped lawn, complemented by established shrubs, flowerbeds and secluded patio areas, located in one of the village’s most exclusive residential areas.
13th July 2020
Presenting a rare opportunity to acquire this stunning and extremely spacious apartment, forming the ground floor of an imposing Edwardian detached Property, believed to have been built originally in 1903 as a Doctor's surgery and residence now located on a gated cul-de-sac in Otley Town centre with the advantages of onsite allocated parking spaces for three cars plus an additional rear patio garden.
8th July 2020
EARLY BIRD ALERT - A great opportunity to acquire an immaculately presented detached family home of charm and character situated in a semi-rural location on the fringe of the village with a most private south west facing rear garden of a good size, enclosed with extensive lawn and a secluded patio. Offering an interesting internal layout and having been recently configurated and refurbished to a very high standard. No Chain.
26th June 2020
Please see our 3D virtual tour showing a great opportunity to acquire a most attractively presented semi-detached bungalow offering flexible, spacious accommodation on the ground and first floors, located in a sought-after residential area near to regular bus services. The accommodation downstairs has a formal spacious lounge, a dining kitchen with integrated appliances, two bedrooms (optional study) and a modern shower room with "walk-in" shower. On the first floor there is a light and spacious double room with under-eaves and separate toilet with wash hand basin. The other single room has built-in wardrobes. (Please be advised that whilst both rooms on this level have been used as bedrooms, the conversion was carried out prior to the sellers' ownership and therefore there is no paper trail for the conversion). Outside the wider than average single garage is approached drive providing off-street parking and the front and rear gardens are low maintenance. The accommodation is offered with a gas fired heating system and the windows are UPVC sealed double glazed.
As an Estate Agent we were keen to read the House Price Index from Rightmove which gives the picture of house prices and activity over the past few weeks, this latest information was particularly key as Estate Agencies re-open for business after Covid-19. The average asking price of property coming to the market in England was up by an average of 1.9% (+£6,266) compared to March before the housing market was put on hold Over 175,000 missing sellers that couldn’t come to market from March 24th to May 12th have now sprung into action with a record number of owners asking for valuations and daily new listings are now up on Rightmove v last year. The number of sales agreed had recovered from a staggering 97% drop to a daily rate of just 3% down on a year ago. 40,000 new sales have been agreed since the market re-opened on May 13th releasing a flood of pent up demand and the number of people phoning and e-mailing estate agents has hit a new daily record - 40 % above the level seen in early March. The delayed spring market has led to a traffic boom on Rightmove with the portal recording its busiest ever days in May and June, with 955,000 hours collectively on June 6th. At David Phillip Estate Agents, the activity levels since the return from Lockdown has certainly followed the Rightmove statistics with 6 sales agreed stc.
23rd April 2020
When talking to friends and family, it appears that during Covid-19 lockdown, people are having a massive de-clutter of their homes and generally a really good spring clean – this is really helpful if you are looking to sell your property once lockdown is over and the property market returns to some sort of normality. But if you don’t want to be spending day after day doing housework, it is possible to o it all in one day! – so here goes
14th April 2020
During this time of lockdown during Covid-19, we know from our viewing stats from Rightmove that people are still looking at properties online – you may also be thinking of selling your home at some point too, but due to the Government restrictions are unable to move things forward. Even so, you may want to set the ball rolling by finding out how much your property is currently worth.
10th March 2020
The first daffodils of Spring appeared in our garden at the weekend, and the sun was shining too! If you are looking to sell your property at this busy time of year around Easter then it is important to not only get your home market ready but also your garden too. At David Phillip Estate Agents based in Bramhope, North Leeds we have the following tips to ensure your garden looks lovely for any property viewings you may have up to Easter and beyond