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Abbey Properties cordially invite you to the launch of an exquisite house that has undergone an extensive refurbishment to create an extraordinary 21st century home

Abbey Properties cordially invite you to the launch of an exquisite house that has undergone an extensive refurbishment to create an extraordinary 21st century home

Published: 29/10/2014    Last Updated: 17/01/2017 10:05:11   

Abbey Properties are pleased to present this exquisite 2411sqft/224sqm house that has undergone an extensive refurbishment to create an extraordinary 21st century home of unprecedented quality.


This substantial residence offers grandeur and volume yet it is complimented by modern open plan living areas and an abundance of natural light streaming through well-positioned skylights.


To the rear of the house is a magnificent landscaped garden extending to 53'.

This splendid house is perfectly conceptualised for modern living featuring bespoke interior design and craftsmanship to include hand selected materials and finishing.


The glamorous, contemporary space featuring a large bespoke open plan kitchen/reception room with an adjoining play room and two interconnecting reception rooms make it ideal for entertaining and stylish family living.

Freehold House : Three Floors : Four Reception Rooms : Landscaped Rear Garden : Bespoke Kitchen : Utility Room : Four Bedrooms : Four Bathrooms : Off-Street Parking for 2/3 vehicles



Please join us this Saturday 8th November, for the launch of this beautifully refurbished, contemporary home in the heart of Kensal Rise.

Drinks and canapés will be provided.

For any enquiries or to attend the open house please RSVP to sales@abbeyproperties.co.uk

 

 

The borough of Camden sees a remarkable 42% year-on-year increase in average prices, according to Nationwide

The borough of Camden sees a remarkable 42% year-on-year increase in average prices, according to Nationwide

Published: 24/10/2014    Last Updated: 17/01/2017 10:06:56   

 “Camden saw the strongest growth amongst the London boroughs, with a remarkable 42% year-on-year increase in average prices,” the Nationwide building society said.

A typical home in Camden now costs £884,103 – a price-tag eclipsed only by Westminster, where the average figure is now £984,075 (two traditionally expensive boroughs, Kensington and Chelsea, and the City of London, are excluded from Nationwide’s index due to “low sample size”).

Commenting on the figures, Robert Gardner, Nationwide's Chief  Economist, said:
“The price of a typical UK house rose by 1.5% in the
third quarter, after allowing for seasonal effects. Prices
were up 10.5% compared with the same quarter of
2013.

“London did see a slight softening in the annual pace of
price growth - from 25.8% in Q2 to 21%. Prices in the
capital are now 31% above their 2007 peak, with the
price of a typical London property just above £400,000.
 
"Amongst the English regions, the South continued to
outperform, with double digit annual growth rates
recorded in London, Outer Metropolitan, Outer South
East and East Anglia. The North was the weakest
English region, with prices up 4.3% over the year.”

 

 

London saw a softening in annual price growth from 25.8% in Q2 to 21.0% in Q3. Average prices remain in excess of £400,000 and are now 31% above their 2007 peak.


The Nationwide building society added that "the annual pace of growth in the capital will probably continue to slow in the quarters ahead, given the high base for comparison in the next few quarters and also anecdotal evidence from surveyors and estate agents that activity may be starting to moderate."

 

 

Latest ONS figures show house prices in London rose by 19.6% in the 12 months to August

Latest ONS figures show house prices in London rose by 19.6% in the 12 months to August

Published: 16/10/2014    Last Updated: 17/01/2017 10:09:45   

UK house prices grew at the same rate in August as in July, thanks to continued strong demand in London. July’s figure was the biggest increase for seven years.

The Office for National Statistics (ONS) on Tuesday reported that prices in the capital rose 19.6 per cent in the 12 months to August.




ONS Key Findings


• UK house prices increased by 11.7% in the year to August 2014, unchanged from the year to July 2014.


• House price annual inflation was 12.2% in England, 4.7% in Wales, 6.7% in Scotland and 9.6% in Northern Ireland.


• House prices are increasing strongly across the UK, with prices in London again showing the highest growth.


• Annual house price increases in England were driven by an annual increase in London of 19.6% and to a lesser extent increases in the South East (12.3%) and the East (11.6%).


• Excluding London and the South East, UK house prices increased by 7.8% in the 12 months to August 2014.


• On a seasonally adjusted basis, average house prices increased by 0.6% between July and August 2014.


• In August 2014, prices paid by first-time buyers were 12.9% higher on average than in August 2013. For owner-occupiers (existing owners), prices increased by 11.2% for the same period.


 

London house prices drop for the first time in three years, according to RICS

Published: 08/10/2014    Last Updated: 17/01/2017 11:16:34   

House prices have dropped in London for the first time in more than three years and are set to fall further this year, according to a September survey by the Royal Institution of Chartered Surveyors (RICS).

 

The survey adds to evidence of a slowdown in Britain’s housing market – led by London – after a year of rapid house price inflation.


Prices have surged about 10 per cent in the past year and about twice that in London, sparking fears an overheating market could destabilise the economic recovery. But RICS said on Thursday the “steam was evaporating” from the market.

For the first time since January 2011, agents in London reported a slight fall over the previous three months and forecast another decline in the next three. Nationally, the survey suggested prices were rising at their slowest rate in 16 months.

New buyer demand fell nationally for the third month, with London experiencing by far the most significant contraction. Meanwhile, the supply of houses for sale remained tight, keeping the level of transactions fairly subdued.


In 12 months’ time, surveyors expect prices to be 1 per cent higher in London and 2.1 per cent higher in the UK.


Simon Rubinsohn, chief economist at RICS, said it was a “healthy development” that supply and demand were becoming more balanced, removing some of the upward pressure on house prices, particularly in London.

“Part of this is down to the Bank of England becoming more vocal about the risks, part of this is down to affordability, part of this is down to the new mortgage rules and part of this is down to expectations of higher interest rates,” he said.

We will be OnTheMarket.com in January 2015

We will be OnTheMarket.com in January 2015

Published: 01/09/2014    Last Updated: 17/01/2017 11:17:38   

COMING SOON

We will be OnTheMarket in January 2015

OnTheMarket.com will be a new place to view hundreds of thousands of properties to buy or rent all over the UK.

Every property will be on offer from locally based estate or letting agents.

So whether you're looking to buy, rent, sell or let a property, you know that you'll be dealing with local experts who you can meet face-to-face.

With a simple, uncluttered search function and exclusive content, we hope you'll agree: if you're in the market, you'll need to visit OnTheMarket.com.