Category: Hereford

Hereford is a picturesque city in the West Midlands of England that is renowned for its beautiful countryside, rich history, and strong community spirit. As with many cities in the UK, Hereford has experienced significant fluctuations in house prices in recent years, driven by a range of economic and social factors. In this blog post, we’ll take a closer look at the current state of the Hereford housing market, and explore some of the trends and issues that are shaping it.

According to the latest data from Zoopla, the average house price in Hereford currently stands at around £244,000. This is slightly lower than the national average of £262,000, but still represents a significant investment for many people. In recent years, Hereford has seen a steady increase in house prices, with a rise of around 5% over the past 12 months alone. This reflects a wider trend across the UK, with house prices continuing to climb despite the economic uncertainty caused by Brexit and the ongoing COVID-19 pandemic.

One of the key factors driving the growth in house prices in Hereford is the city’s strong local economy. Hereford has a diverse range of industries, including manufacturing, healthcare, and agriculture, and is home to a number of major employers such as the SAS Institute and the Herefordshire and Worcestershire Chamber of Commerce. This has helped to create a strong demand for housing in the area, as people move to the city for work and seek out properties that are within commuting distance of their workplaces.

Another important factor shaping the Hereford housing market is the city’s growing popularity as a tourist destination. Hereford is renowned for its stunning cathedral, beautiful countryside, and vibrant cultural scene, and attracts visitors from across the UK and beyond. This has helped to fuel demand for holiday homes and rental properties in the area, as investors seek to capitalise on the city’s appeal as a tourist hotspot.

Despite these positive trends, however, there are also some challenges facing the Hereford housing market. One of the biggest issues is the shortage of affordable housing, particularly for first-time buyers and those on lower incomes. This is a problem that is affecting many parts of the UK, but is particularly acute in Hereford due to the city’s relatively high house prices and limited supply of new developments.

Another challenge facing the Hereford housing market is the impact of the COVID-19 pandemic. Although the property market has remained relatively resilient during the pandemic, there are concerns that the economic fallout from the crisis could lead to a downturn in house prices in the coming months and years. This could make it more difficult for homeowners to sell their properties, and could also make it harder for people to get onto the property ladder in the first place.

In conclusion, the Hereford housing market is currently in a state of flux, with a range of economic and social factors influencing the prices of properties in the area. Despite the challenges facing the market, however, there are also many reasons to be optimistic about the future of the city’s housing sector. With its strong local economy, growing popularity as a tourist destination, and beautiful natural surroundings, Hereford is likely to remain an attractive location for property investors and homebuyers for many years to come.

Looking to sell your property this Easter? Williams Estate Agents in Hereford is here to help! We have a team of experienced and knowledgeable agents who will work tirelessly to ensure your property sale is a success.

We understand that selling a property can be a daunting and stressful experience. That’s why we’re here to guide you through every step of the process. From initial valuation to finding the right buyer, we’ll be with you every step of the way.

Our agents have a wealth of experience in the local property market and are experts in marketing your property effectively to potential buyers. We use the latest technology and advertising methods to ensure maximum exposure for your property.

At Williams Estate Agents, we pride ourselves on providing a personalized service that’s tailored to each of our clients. We take the time to understand your unique requirements and work with you to achieve your goals.

So if you’re looking to sell your property this Easter, why not get in touch with us today? Our team of expert agents is always here to help and answer any questions you may have. Let us help you achieve a successful property sale this Easter!

When preparing to sell your property, you don’t need to spend a fortune to entice potential buyers. But what areas are worth investing a bit of TLC in?

So, how can you make the most from your property with a modest budget for improvements? How to maximise what you can get for your home when the time comes to sell, is often the biggest dilemma we come up against. How much do I spend? Where do I start?

We asked our Putney branch sales manager, Gary Howorth, to share his expertise on how to make small improvements to increase the value of your home without breaking the bank.

“often it is the smallest change that can make the biggest difference”

The danger is that you can spend thousands of pounds making various changes, only for a buyer to walk through and not think much of your choice, and you fail to recoup the money you have spent.

Often the misconception with making property improvements is that you need to spend a lot in order to make any money, but quite often it is the smallest change that can make the biggest difference.

Now don’t get me wrong, a significant upgrade to all parts of your property should increase its value, but when limiting what you intend to do, some very simple changes made on a modest budget can actually help achieve a much better sale price.

How can you make first impressions count?

A bit like any personal encounter, the buyer’s first impression of your property is critical. “Kerb appeal” is vital, so tidying the path and front garden, re-varnishing the fence or repainting windows and facia can be an easy Sunday job that will make a significant difference to how people approach your home, and the mind set they are in as they enter the front door.

If you own a flat, ask yourself how the communal areas are looking. Brightening these areas up with some flowers, air freshener and maybe a carpet clean will present a welcoming feel and give the sense that you are living next door to royalty rather than the Royle family.

What’s worth undergoing a bit of DIY?

Inside your home it is important to look at areas that buyers may see and feel they need to invest in. Check for any old damp marks that you have not gotten round to redecorating, or small scuffs or stains that have accrued over the years. An internal repaint will remedy this and give a fresh feel to the property.

A spring clean throughout is essential, particularly in the kitchen and bathroom. Dig out the rubber gloves and make them spotless; new taps and a new shower head can also help in this regard, as will re-grouting those tiles that have been on your to-do list for months!

How can you make each room look its best?

De-clutter. This is the most painful process for most sellers, but often the most satisfying. Whether you make the most of your storage cupboards, the local car boot fair or tip – you want every room looking as big as possible to maximise the space you are selling.

“Make the buyer feel that there is as little work required as possible”

The idea of this entire process is to make the property look as appealing as possible and make the buyer feel that there is as little work required as possible. Failing that, the impression will be that they can move in, be very happy and do any major works at a later stage.

In presenting your property this way, your valuation should be at the higher end of any price range and any buyer looking at the property will have less reason to want to knock the price down; it is this part that can save you thousands of pounds. The difference in real cost of making these changes versus the perception of the buyer and the resulting offer they make can be significant.

Or if this has made you curious about the value of your own home, why not chat to one of our property specialist for a free valuation.

Williams Estate Agents Hereford office, continues to be a must in the ever changing property market. It is important that staff can communicate quickly in order to provide the service levels our customers have come to expect. Little things like picking up keys, popping in for a chat about moving dates and of course accessibility for all our visitors, all go to making your move a happier, less stressful one.

So why not visit us at 21 West Street, Hereford HR4 0BX or call us on 01432 277734. www.williamsestateagents.co.uk