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Monthly Archives: January 2025

What are new homes worth around the UK?

The UK property market continues to showcase the significant role new homes play, contributing to nearly one in every five house sales annually. In 2024, the average price paid for a new home across the UK was £505,978, reflecting a strong demand for modern, energy-efficient properties. Below is a breakdown of average new home prices […]

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The 2024 Preston Property Market – An analysis of last year’s property market and what will happen in 2025?

At Forbes, as experienced local estate and letting agents, we like to monitor the UK and Preston property market trends. In this article we will start by analysing the 2024 property market (both nationally and locally) and then give our  predictions for 2025. In 2024, the UK property market recorded 1,230,136 homes sold subject to […]

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The Baby Boomer Housing Paradox: Wealth in Property, But Nowhere to Go…

For decades, baby boomers in the UK have been the quiet beneficiaries of a housing market that has worked in their favour. Rising property prices and a growing housing shortage have pushed home values sky-high, giving this generation substantial equity in their homes. However, as more and more boomers enter retirement age, a new reality […]

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