Current Statistics ►

There are people who feel strongly about whether their home address is on a Road, Street, Crescent or Square and developers often assume that one will attract a higher price than another. To test the theory, we explored 2017 sales data to see whether we could identify any correlation between suffix and price.

  • The average price of a property sold on a "Road" to date in 2017 is £301,950, however there are premium purchase properties elsewhere. To purchase on a “Park” expect to pay a 9% premium while to purchase on a “Place”, “Hill”, or “Garden” could add thousands to your purchase price. Owning a property with no street address at all, added £10,000 to one on a “Road”.

  • At the top end of the budget, just 0.5% of all properties sold this year have been on a “Square”, where the average price is £462,895, a stunning 53% more expensive than a “Road”. But “Road” has kerb appeal for more buyers than any other address, accounting for a substantial 30.7% of all sales this year.

September 2017

After months of hard work, our new website finally went live over the weekend and is looking fantastic! Why not have a good look around and see what amazing new features and information are included. 

www.heather-lay.co.uk

 

 

Natalie took part in the Cancer Research Race for Life Pretty Muddy on Sunday 3rd September. It was "pretty muddy" due to the Cornish Autumn weather, but a brilliant time was had by all and Natalie raised a fantastic total of £183.00 for Cancer Research!

August 2017

h_l_banner

Our new banner has arrived today ready for tonight, and it looks great!! We are proudly sponsoring the Pink Wig event which is part of Falmouth Week and raises funds for vital research projects, the best care for breast cancer patients in Cornwall and a safer future for the next generation.​

ECONOMIC NEWS 28 AUGUST 2015

ECONOMIC NEWS 28 AUGUST 2015

Videos Guild 11th September 2015

The Office for National Statistics (ONS) reported that in the second quarter of 2015, the UK economy grew by 0.7 per cent, compared to 0.4 per cent in the first quarter. The Bank of England forecasts that, for the year as a whole, the UK economy will grow by 2.8 per cent, maintaining the same momentum as shown last year, when the economy expanded by 3 per cent – its best result since 2006. The Confederation for British Industry (CBI) has also upgraded its forecasts for this year at 2.6 per cent and next year at 2.8 per cent, based on an expectation of increased household spending, robust investment growth and an interest rate increase to 0.75 per cent in the first quarter of 2016.

The CBI’s revised forecast arose from recent ‘more hawkish’ comments by the Bank of England’s Monetary Policy committee (MPC). At the beginning of the month, the MPC voted by eight to one to leave the Bank Rate at 0.5 per cent, while unanimously agreeing to maintain the size of the Asset Purchase Programme at £375 billion. At the same time, the Bank of England Governor, Mark Carney, warned that the first base-rate rise in more than six years was drawing closer, possibly by February 2016, and that it would climb higher sooner. The Bank simultaneously released its latest Quarterly Inflation Report, which indicated that it expected inflation to be back to its target rate of 2 percent in two years’ time.

In mid-August, the ONS announced that inflation turned positive again in July, with the Consumer Prices Index (CPI) measure rising to 0.1 per cent from zero in June; a smaller fall in the price of clothing was reported to be the main reason, although it was partially offset by falling food and non-alcoholic drink prices. The CPI has been almost flat for the past six months, having turned negative in April for the first time since 1960. The Retail Prices Index measure of inflation was unchanged at 1 per cent.

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