The last time the UK saw a widespread white Christmas was back in 2010, when 83% of weather stations reported snowfall. Since then, the average price of a home has increased by slightly over 60%, or £101,000, on average. Only 15 Christmas Days have seen snow in the previous 50 years, with 2020 being the most recent white Christmas after snow fell overnight throughout the UK. The Met Office reports that the UK has 3.9 days of snow and sleet on average in December, compared to 5.3 days in January.
Liverpool House Prices
According to the latest data from Zoopla, the pandemic has increased the value of people’s homes by thousands of pounds. The increase in property prices is most noticeable in Liverpool, where prices are up 10% over last year. Despite the end of the stamp duty holiday, research reveals that the UK property market is still gaining traction.
Even though the stamp tax holiday has ended, there is no hint that demand is waning. Since May, the market has been moving at its fastest rate in five years, with the period between listing a home and agreeing on a sale regularly averaging less than 30 days each month. This is down from 40 days. Furthermore, buyer demand is still 35% greater than the five-year average. According to further study, more landlords sell their houses rather than maintain them on the rental market. The number of properties advertised for sale in the UK that were previously available for rent has increased to 8%, up from 3% two years ago.
Are you looking for a new home?
Liverpool property is still reasonably priced, despite being a vibrant city with a lot to offer. Compared to many other UK cities, it provides a wide range of housing options for all budgets. The City Center has seen a significant transformation in recent years, attracting millions of pounds in investment. Aintree is known for its world-class racetrack as well as its welcoming residential lanes and open spaces. We define it as a popular family residential neighbourhood since it is a popular choice for families and has excellent connectivity to the rest of the city.
Transport links connect Liverpool to numerous places in the North West. Merseyrail’s high-speed trains will take you all across town and beyond. Lime Street station has direct connections to all of the major cities in the United Kingdom. On the regular major trains to the West Coast, such as Manchester, Birmingham, and London. It also serves the rest of the United Kingdom and Europe, with EasyJet and Ryanair among the airlines. There’s also The John Lennon Airport in Liverpool, plus you’re close to the coast, various lovely beaches, and the Lancashire countryside, which is only a short drive from the city centre.
If you are thinking of moving to Liverpool and aren’t sure where to start looking, give our team at Qube Residential a shout for any queries. A member of our friendly team will be happy to assist you with any questions.
Source: Dataloft, UKHPI, Met Office.