Henley Charles

***MUST READ***

Following on from yesterdays big announcement in the budget, if you are a landlord you may be asking yourself if the new stamp duty increase will be a game changer for you?

Our latest article will answer all your questions!

https://www.henleycharles.com/blog/the-new-stamp-duty-increase-another-hurdle-for-erdington-landlords/

UK Property Market Update – Week Ending 20th October 2024


Keeping you in the loop with the latest insights from the UK property market. Here’s what’s happening right now:


32,500 new listings last week (5.5% up YTD compared to 2023)

26,075 UK homes sold STC (subject to contract) in just one week, bringing this year’s total to 1,045,620 – up from 912,919 last year YTD.

724,000 homes for sale across the UK (compared to 662,000 this time last year).

Average sold price: £371k with £340 per sq ft on sale agreed properties.

Renting? Average UK rent last week was £1,881pcm.

For those based in Erdington, these national stats reflect trends we’re seeing locally too.


The housing market is constantly evolving, and as a knowledgeable estate agent here in Erdington, we’re committed to providing localised updates that matter to our community.


🔍 Interested in knowing what these numbers mean for Erdington?


Whether you’re buying, selling, or just curious, follow us for weekly updates on the UK market as well as insights into Erdington's property trends.


👉 Follow our page for the latest local market stats, insights, and tips to help you navigate property decisions with confidence. If you have any questions about the Erdington property market or further afield, feel free to pick up the phone on 0121 386 3344.


Thinking of moving home soon and what to know your options? Call us for a no obligation free valuation on your home on the number above.

Erdington Property Market - Wondering if it's a buyer's or seller's market in Erdington right now?

Whether you're a homeowner, landlord, or first-time buyer, knowing the current property market trends is crucial. Erdington's housing market is at a pivotal moment—balancing between opportunities and challenges for both sides.

Ready to dive deeper into the numbers and what they mean for you? Find out more by reading the full article here!

Erdington October 2024 Property Market: | henley-charles Erdington Property Market - Wondering if it's a buyer's or seller's market in Erdington right now? Whether you're a homeowner, landlord, or first-time buyer, knowing the current property market trends is crucial. Erdington's housing market is at a pivotal moment—balancing between opportunities and...

As autumn paints Erdington with its rich hues, Henley Charles Estate Agents invites you to discover the warmth of a new home in this vibrant season. Imagine the crunch of fallen leaves underfoot as you stroll through neighbourhoods lined with trees dressed in fiery reds and golden yellows.

At Henley Charles, we understand that a home is more than just a place; it's where lasting memories are made. Whether you're carving pumpkins with the kids or planning your next Halloween gathering, let us help you find a place where every season feels just right.

Putting your home on the market in the next few weeks, means you should be moving in the late Spring when you agreed a sale, all in readiness for nice Summer holiday and to cap it off, for next year’s Halloween festivities.

With our deep local knowledge and commitment to personalised service, Henley Charles can smoothly transition you out of your current home and into your dream home in Erdington. Don't let another pumpkin season pass by without finding your ideal backdrop for life's special moments.

Contact Henley Charles today for a free valuation of your home on 0121 386 3344 and start your next chapter in a home as wonderful as the memories you'll create there.

Erdington’s housing market is facing tough times, especially for the younger generation trying to get on the property ladder. With rising costs and stagnant wages, fewer people under 34 are owning homes, but the future holds promise as generational wealth starts to shift.

Discover the full picture and learn how these changes might impact you or your family—click the link to find out more

https://www.henleycharles.com/blog/the-hard-truth-about-erdingtons-young/

Erdington Homeowners: Are You Ready for the New Property Market Reality?

As Erdington's property market undergoes a major shift, with the number of homes for sale nearly doubling since mid-2022, realistic pricing is more crucial than ever. With competition growing and buyers being more selective, overpricing your Erdington home could leave it languishing and unsold.

Learn how to set the right price and stay ahead in this changing property market by reading our latest article...

A Tale of Two Erdington Property Markets and the Need for Realistic Pricing | henley-charles Erdington Homeowners: Are You Ready for the New Property Market Reality? As Erdington's property market undergoes a major shift, with the number of homes for sale nearly doubling since mid-2022, realistic pricing is more crucial than ever. With competition growing and buyers being more selective, ov...

***IMPORTANT UPDATE***

Renters’ Reform Act Update: What Erdington Landlords Need to Know!

On Wednesday, Parliament had the first reading of the Renters’ Reform Act, and I want to take a moment to reassure landlords that there’s really nothing ground breaking in these proposals that should catch you off guard. In fact, most of the changes were part of the Conservative Party’s agenda before they lost power in July. Regardless of which political party is in charge, these reforms were set to come into play, so there’s no need to worry that anything revolutionary is happening.

Let’s break down what’s involved and how it might affect you as an Erdington landlord.

Follow the link for the full article:

Renters’ Reform Act Update: What [Grantham] Landlords Need to Know | Henley Charles Discover the rollercoaster dynamic shifts and unique opportunities in the Erdington property market over the past six years. From the surprising resilience during unpredictable economic times to the current trends that are shaping homeownership, this article has insights that every Erdington homeown...

Discover the rollercoaster dynamic shifts and unique opportunities in the Erdington property market over the past six years.

From the surprising resilience during unpredictable economic times to the current trends that are shaping homeownership, this article has insights that every Erdington homeowner needs to know.

Don't miss out, learn how these changes could impact you:

Erdington Property Market: Navigating the Rollercoaster of the Last Six Years | Henley Charles Discover the rollercoaster dynamic shifts and unique opportunities in the Erdington property market over the past six years. From the surprising resilience during unpredictable economic times to the current trends that are shaping homeownership, this article has insights that every Erdington homeown...

Read our latest article which analyses the Trends in the UK Property Ownership from 1918 to 2023 and how the market has evolved...

Analysis of Trends in UK Property Ownership (1918-2023) | Henley Charles The UK property market has seen significant changes over the last century, with distinct trends emerging in the areas of owner-occupied properties, social renting, and private renting.

The Erdington property market is showing surprising resilience despite recent economic challenges, particularly with the expected surge in cash buyers not making as much of an impact as anticipated.

While many believed cash buyers would dominate in a high-interest-rate environment, Erdington continues to see balanced activity across the board.

For an in-depth analysis of what's driving these trends and how it could impact your next move, click on our latest article....

Shocking Truth: Every UK Home Could Fit Inside the M25

Imagine this—if every single floor of every single home in the UK was laid out, one next to the other, they would all fit snugly within the confines of the M25 motorway. Yes, you read that right!

The total floor area of all UK homes is about 891 square miles, and the M25, the infamous ring road encircling London, covers an area of 904 square miles.

The M25 has long been a symbol of Britain's complex relationship with its infrastructure and property market. Loved by some for its practicality and loathed by others for its traffic jams and pollution, the M25 mirrors the contradictions inherent in the British property market.

For many, owning a home is the pinnacle of success, yet the stress of mortgages, house prices, and the unpredictable market makes it a love-hate affair. So, the next time you find yourself stuck in traffic on the M25, consider this: every home in the country, from Cornwall to the Highlands, Norfolk to Northern Island could be right there with you.

People of Erdington, does that surprise you? What does it say about the space—or lack thereof—in our island nation?

This startling fact is both a testament to our densely populated land and a reminder of the complexities that come with it.

Please share your thoughts in the comments

Are there enough family homes in Erdington to meet the growing demand?

For Erdington homeowners and landlords, this question is more important than ever. Dive into our latest analysis to uncover whether the current housing market, especially the private rented sector, truly caters to families in Erdington and discover potential opportunities for investment.

Click the link to find out more.....

Are Our Erdington Homes Fit for Our Families? | Henley Charles Are there enough family homes in Erdington to meet the growing demand? For Erdington homeowners and landlords, this question is more important than ever. Dive into our latest analysis to uncover whether the current housing market, especially the private rented sector, truly caters to families in Erd...

How Long Does It Take to Sell a House Around the UK?

Understanding the average time it takes to sell a property in different regions can help you plan your move more effectively. Here’s a quick overview of the average length of time from putting your home on the market to agreeing a sale (Sold STC) across various UK regions:

Scotland: 48 days
North East: 64 days
North West: 70 days
Yorkshire & Humber: 70 days
West Midlands: 70 days
South West: 71 days
East Anglia: 73 days
South East: 73 days
East Midlands: 76 days
London: 79 days
Wales: 81 days
Northern Ireland: 87 days

As a local Erdington estate agent, we understand how crucial it is to have this information when you're planning to sell your property. If you're curious about how quickly your home could sell and at what price, we’ll be happy to pop round for a no obligation free valuation to see where you currently stand in the Erdington property market.

Call us on 0121 3863344 or email us at [email protected]

Is Erdington truly overcrowded, or are our perceptions incorrect?

This insightful article delves into the statistics and realities behind Erdington’s population density, providing a more nuanced perspective.

Discover how housing shortages, innovative urban planning, and sustainable development strategies are crucial to addressing the town's challenges, and why Erdington remains an attractive place to live.

Read on to explore these issues in depth and share your thoughts on the future of Erdington...

Is Erdington Overcrowded? | Henley Charles Is Erdington truly overcrowded, or are our perceptions incorrect? This insightful article delves into the statistics and realities behind Erdington’s population density, providing a more nuanced perspective. Discover how housing shortages, innovative urban planning, and sustainable development str...

Erdington Starter Homes are 29.8% cheaper today than 35 Years Ago. That sounds wrong, but its true.

The percentage of first-time buyer’s household income going on their mortgages is 29.8% lower today, than it was in 1989.

Read the article to find out why and how this will affect the Erdington property market...

Erdington Starter Homes 29.8% Cheaper Today Than 35 Years Ago | Henley Charles Erdington Starter Homes are 29.8% cheaper today than 35 Years Ago. That sounds wrong, but its true. The percentage of first-time buyer’s household income going on their mortgages is 29.8% lower today, than it was in 1989. Read the article to find out why and how this will affect the Erdington prop...

The Erdington Property Market – 1979 vs 2024. A lot has changed in the last 45 years in the UK and Erdington property market, but not as you might expect.

Read the article to see what has (and hasn’t) changed, it will surprise you!

Erdington Property Market – 1979 vs 2024 | Henley Charles The Erdington Property Market – 1979 vs 2024. A lot has changed in the last 45 years in the UK and Erdington property market, but not as you might expect. Read the article to see what has (and hasn’t) changed, it will surprise you!

Discover the latest insights into the Erdington property market and learn how to sell your home faster in 2024. Learn how long it takes to sell a home in Erdington, split down by price bands.

Read the comprehensive guide which provides valuable tips and strategies tailored specifically for Erdington homeowners, ensuring you can make informed decisions and expedite your property sale.

Don't miss out on this essential read for anyone looking to navigate the Grantham property market successfully...

Erdington Property Market Insights | Henley Charles How to Sell Your Home Faster in 2024   The length of time it takes to sell a property is a crucial indicator of the health of the property market. This metric can provide insight into supply and demand dynamics, the efficiency of estate agencies, and overall market confidence. For Erdington homeown...

The second quarter of 2024 has seen record-breaking activity in the UK property market.

This article examines the surge in new listings and sales, with a particular focus on Erdington. We explore which price sectors are experiencing the most activity.

If you're a homeowner or landlord in Erdington, this article provides the latest insights into our local property market ...

Erdington & UK Property Market Overview for Q2 2024 | Henley Charles The second quarter of 2024 has seen record-breaking activity in the UK property market. This article examines the surge in new listings and sales, with a particular focus on Erdington. We explore which price sectors are experiencing the most activity. If you're a homeowner or landlord in Erdington,....

What will the Erdington property market look like after the General Election?

What will it mean for Erdington homeowners and landlords, especially those thinking of selling in the next 6 to 12 months?

Read the article to find out :

Erdington Property Market: Navigating the ‘Starmer Surge’ Following the General Election? | Henley Charles What will the Erdington property market look like after the General Election? What will it mean for Erdington homeowners and landlords, especially those thinking of selling in the next 6 to 12 months?

1 in 12 UK homes for sale has owners who only moved in since the pandemic.

Why are so many moving so soon? What about Erdington?

Discover surprising answers in this article....

Why Are So Many Erdington Homeowners Selling So Soon After Buying? | Henley Charles 1 in 12 UK homes for sale has owners who only moved in since the pandemic. Why are so many moving so soon? What about Erdington?

Erdington homeowners and landlords, are you curious about the state of play in the Erdington property market and how your property stacks up in it?

Discover the new key insights on how they give you an insight into local house prices, months before official data comes out.

Uncover those secrets of the Erdington property market and make informed decisions today by clicking on this article ….

Understanding the Property Market: £/sq.ft Trends in the UK, West Midlands, and Erdington | Henley Charles Erdington homeowners and landlords, are you curious about the state of play in the Erdington property market and how your property stacks up in it? Discover the new key insights on how they give you an insight into local house prices, months before official data comes out. Uncover those secrets of t...

The Erdington property market has defied expectations, demonstrating resilience despite economic uncertainties, rising mortgage rates, and a cost-of-living crisis.

This article explores the reasons behind the stability, offering insights for Erdington homeowners and Erdington buy-to-let landlords.

Discover how improved lending practices, stable employment, wage growth, and support for first-time buyers have contributed to maintaining Erdington house prices and the overall market health.

Click on the Link here:

Why Hasn’t the Erdington Property Market Crashed? | Henley Charles The Erdington property market has defied expectations, demonstrating resilience despite economic uncertainties, rising mortgage rates, and a cost-of-living crisis. This article explores the reasons behind the stability, offering insights for Erdington homeowners and Erdington buy-to-let landlords. D...

The buy-to-let property market has seen significant changes over the past few years with a noticeable increase in the number of available rental properties and a slowdown in the increases in rent.

This article looks at how Erdington compares to the national and regional trends whilst also considering what this means for the tenants of Erdington and how they are coping.

Click on the Link here to find out more:

Erdington Buy-to-Let Property Market:An Erdington Landlord’s Perspective on Recent Trends | Henley Charles The buy-to-let property market has seen significant changes over the past few years with a noticeable increase in the number of available rental properties and a slowdown in the increases in rent. This article looks at how Erdington compares to the national and regional trends whilst also considerin...

Erdington Property Market Update: Would you know the pound per square foot value of your Erdington home? What effect bedrooms make to the value?

Don’t worry, because not many people do know it. Yet, your choice of next Erdington home can’t just purely be about the bedrooms or numbers. There is also an emotional connection. Just how do we decide what home to buy and what metrics to measure?

Read this article on the Erdington property market, if you’re thinking of moving in the next couple of years, to find out more.

Click on the Link here: -

Making Sense of the Erdington Property Market's £241 per Square Foot Value | Henley Charles Erdington Property Market Update: Would you know the pound per square foot value of your Erdington home? What effect bedrooms make to the value? Don’t worry, because not many people do know it. Yet, your choice of next Erdington home can’t just purely be about the bedrooms or numbers. There is a...

Erdington Property Market – Is it a buyers’ market or a sellers’ market?

In this article, we analyse the peculiar nature of the Erdington property market since 2018 up to today. It will show you where our local market is at.

So, whether you are an Erdington homeowner, landlord or tenant, whether you are a buyer or seller, then this article will be for you.

Click here to read the article:

Is it an Erdington Buyers’ or Sellers’ Property Market? | Henley Charles Erdington Property Market – Is it a buyers’ market or a sellers’ market? In this article, we analyse the peculiar nature of the Erdington property market since 2018 up to today. It will show you where our local market is at. So, whether you are an Erdington homeowner, landlord or tenant, wheth...