Jump to Main ContentJump to Primary Navigation

Rising stars of the housing market

House prices in the UK will continue to rise throughout 2010 and beyond.

    Stanmore Place: from £235,000. Agent: Preston Bennett
    Stanmore Place: from £235,000. Agent: Preston Bennett

    House prices in the UK will continue to rise throughout 2010 and beyond. That’s the conclusion of the Chesterton Humberts/CEBR forecast. Most reports have predicted a slight drop in 2010, but Chesterton Humberts believes prices will rise more than four per cent in London and two per cent in the rest of England and Wales.

    The effect of increased demand can already be seen at Stanmore Place, in Honeypot Lane, Middlesex, which has seen 60 per cent of its apartments sold in its first phase. This project by St Edward Homes, part of Berkeley Homes, will include nearly 800 apartments and houses. The first-released one-, two- and three-bedroom apartments are on sale via Preston Bennett.

    Stanmore Place offers a dramatic waterside setting, with a villagey feel. Landscaped areas, cycle paths and a children’s play area are proposed. CCTV and a 24-hour concierge service will provide a reassuring presence.

    Homes at Stanmore Place will feature luxury kitchens, fitted with appliances, as well as bathrooms and en-suites with white Villeroy & Boch sanitaryware and Hansgrohe chrome fittings. Chrome-effect ladder-style towel rails are standard, as are large porcelain tiles for walls and floors.

    Apartments in the first phase start from £235,000.

    Chesterton believes that its research is more upbeat than others because, while mortgage lending remains tight, conditions have improved substantially and lending continues to edge up; base rates will remain at historic lows in 2010, making mortgages relatively cheap and supply will remain tight into the medium term. The current shortage of property on the market may be causing supply issues, but in the medium term, shortage of new building will also come into play.

Property Features

Is London still good value?

Charlie Jacoby

Is London still good value?
Property Features

Boris gives Hendon a boost

Charlie Jacoby

Boris gives Hendon a boost
Property Features

Investors enjoy winter buying spree

Charlie Jacoby

Investors enjoy winter buying spree
The Jewish Chronicle

Rise in stamp duty fails to deliver

Charlie Jacoby

Rise in stamp duty fails to deliver
Property Features

Bidding in the online ballroom

Charlie Jacoby

Bidding in the online ballroom
Property Features

Top award for penthouse

Charlie Jacoby

Top award for penthouse
Property Features

Auctions host ballroom darlings

Charlie Jacoby

Auctions host ballroom darlings
Property Features

Herts breaks price barrier

Charlie Jacoby

Herts breaks price barrier
Property Features

Developers dig deep to beat London housing shor...

Charlie Jacoby

Developers dig deep to beat London housing shor...