Property features

Rush to view prime house in Stanmore

By Charlie Jacoby, March 17, 2011

Chester House, one of two large Octagon family homes in Reenglass Road, Stanmore, has been sold. Cavendish House remains at £2.4 million.

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Agent builds on success

By Charlie Jacoby, March 17, 2011

Preston Bennett, the Stanmore-based agency, has promoted James Zamchick to the position of new homes manager.

James, 22, who joined the firm 18 months ago, has shown exceptional ability in helping develop and maintain the firm's position as the region's leading new homes specialists.

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Film and TV location for new Herts homes

By Charlie Jacoby, March 10, 2011

Taylor Wimpey has launched its Oaktrees development in Borehamwood, Hertfordshire.

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Auctions upbeat

By Charlie Jacoby, March 10, 2011

Property auctioneers report a positive start to sales in 2011, though still a long way short of the boom years.

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More sparkle in the 2011 market

By Charlie Jacoby, January 27, 2011

When the champagne corks went pop at midnight on December 31, 2010, it was a poorer vintage than usual among property auctioneers - and the clink of glasses was to salute the future, with no more than a nod to the past. For 2010 was not a great year. But 2011 is looking stronger. "This year should offer real opportunities in the auction room for both buyers and sellers," says Richard Auterac, of Acuitus. "The gulf in the expectations of the two sides of the auction equation that stalled the sale of some assets in the summer is now narrowing.

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Signs of capital appreciation

By Charlie Jacoby, January 20, 2011

Property predictions for the UK in 2011 have varied either side of the zero line. Most agents and landlords expect prices to go up only a little and some predict a small drop in average prices. It is going to be a year of "consolidation", they say, rather than "growth"(agent-speak for boom) or "rationalisation" (agent-speak for bust).

Look more closely at the research and you will find that north-west London and south Hertfordshire have a rosier future than the rest of the country, according to agents.

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What buyers really want for 2011

By Charlie Jacoby, December 10, 2010

Prime market sales values in the South East are forecast to rise by 29.8 per cent over the next five years and mainstream sales values by 25.5 per cent. However, it's not all bright news for homeowners. The latest research from estate agent Savills anticipates that mainstream and prime property prices will experience a secondary "slip" in 2011.

Yolande Barnes, head of residential research at Savills, adds: "The market will be characterised by subdivisions defined by location, property type and the nature of occupier demand and it

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Auctions end the year on a high

By Charlie Jacoby, December 2, 2010

Allsop has released its final auction catalogue for 2010 - and it's a bumper sale of more than 350 lots. Held on December 16 in London, the sale will include vendors such as Harrow School, Luton Borough Council and Network Rail.

More than a third of the 350 are "insolvency" lots, where owners have gone bust. However, Gary Murphy of Allsop says that the large number of them is due to Allsop's success rate in the last year.

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Jane Austen classic

By Charlie Jacoby, November 30, 2010

One of the UK's grandest country estates has come to the market as a refurbished and rebuilt new-homes development. Grade I listed Balls Park is on the outskirts of Hertford. Developer City & Country Group is transforming the mansion (built around 1648) and the grade II listed coach house and stables (1902) into 40 apartments.

Prospective purchasers can now see the show apartment in the Stables. It comprises 12 one- and two-bedroom homes, which will be ready for occupation by Christmas.

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Lots of demand over £1 million

By Charlie Jacoby, November 30, 2010

Demand for £1 million-plus lots dominated Acuitus's latest commercial property auction, which raised £17.332 million from the sale of just over half of the 29 lots offered, with 10 of these selling for more than £1 million. By value, just under 75 per cent of the investments offered sold, at an average of £1.15 million - substantially above the corresponding average sale prices in other autumn sales to date.

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