Decreasing Numbers of Younger Homeowners in Stotfold

  Justin Mitchell, 37-year-old father of two from Stotfold, was out house hunting. It was a pleasant August Saturday afternoon, and our man cycles along on his bike. He cycles up a street of suburban semis, where he spots a few retired mature neighbours, chatting to each other over the garden fence. He leans his…

11.98% Drop in Stotfold People Moving Home in the Last 10 Years

I was having a lazy Saturday morning, reading through the newspapers at my favourite coffee shop in Letchworth.  I find the most interesting bits are their commentaries on the British Housing Market.  Some talk about property prices, whilst others discuss the younger generation grappling to get a foot-hold on the property ladder with difficulties of…

What will the General Election do to 3,077 Stotfold Homeowners?

In Stotfold, of the 3,978 households, 1,171 homes are owned without a mortgage and 1,906 homes are owned with a mortgage. Many homeowners have made contact me with asking what the General Election will do the Stotfold property market?  The best way to tell the future is to look at the past. I have looked…

39 Properties For Sale in Stotfold … is this a good time to sell?

2017 has started with some positive interest in the Stotfold property market.  Taking a snap shot of the Stotfold property market for the first quarter of 2017, the picture suggests some interesting trends when it comes to the number of properties available to buy, their asking prices and what prices properties are actually selling for….

Stotfold’s ‘Generation Trapped’ and the £702.5m legacy

I have previously written an article on the plight of the Stotfold 20 something’s often referred to by the press as ‘Generation Rent’.  Attitudes to renting have certainly changed over the last twenty years and as my analysis suggested, this change is likely to be permanent. In the article, whilst a minority of this Generation…

Great buy-to-let investment opportunity in Arlesey

This property has gone onto the market with Express Estate Agency.  A good size flat in a location just round the corner from the station – an ideal purchase for an investor with a potential yield of 5.1%.  View ASAP before it goes.   Take a look at the advert here

27 Stotfold Households Occupied by OAP Renters

Recent statistics published by the Office of National Statistics show that there are 267,704 private rented households in the Country that are occupied by people aged 65 and older, meaning 4.39% of OAP’s are living in private rented property. It got me thinking two things. How many of these OAP’s have always rented and how…

Don’t miss this! Investment property of the day in Arlesey……

Take a look at our latest video – A great investment opportunity in the neighbouring town of Arlesey.  Just come onto the market with Stephens Estate Agents in Stotfold.  Anticipated rental income of £695pcm and a yield of 5%!  Call them before it goes – click here for rightmove advert

24% OF STOTFOLD HOMES ARE ONE PERSON HOUSEHOLDS

I was having an interesting chat with a Stotfold buy to let landlord the other day when the subject of size of households came up.  Looking at the statistics going back to the early 1960’s, when the average number of people in a home was exactly 3, it has over the years steadily dropped by…