The private rental sector has seen a 45.3% increase in average rents since 2016, according to data compiled by TwentyEA and Denton House Research. That headline statistic is bound to catch a lot of attention. For tenants, it may raise concerns. For landlords, it is a sense of validation after years of rising costs. But […]

Local Homeowners Pocket £1,500 a Year in Profit Since 2005 As we are now three quarters way through 2025, it’s certain the housing market has been more restrained than the post pandemic 24 months of summer 2020 through to July/August of 2022, and I believe that the ‘steady as she goes’ outlook will continue into […]

As the local property market shifts and grows, sellers who’ve been on the market a while often face a tricky question: when to tweak the asking price—and by how much—to spark new interest. With the number of homes for sale in Preston’s PR1-PR4 postcodes jumping from 2,043 in March 2022 to 3,338 by March 2025, […]

When it comes to selling your home, you may wonder if a for sale board is necessary in today’s digital age. With online listings, social media marketing, and real estate agents at your disposal, you might question the relevance of a physical sign outside your property. However, don’t underestimate the power of a for sale […]

It surprises many people just how few £1 million homes actually sell. Just because a property carries a seven-figure price tag, it does not guarantee a successful move. Nationally, across all property price bands, around 54 percent of homes sell and complete. Yet for homes priced over £1 million, the picture changes sharply. Over the last two […]

This graphic shows the share of households privately renting in each age group in the UK. Unsurprisingly, younger generations dominate the rental market. Almost 6 in 10 people aged 18 to 24 rent, compared to just 1 in 20 of those aged 65 and over. At first glance, it looks like a modern crisis. But […]

Understanding what’s really going on in the local property market is key to cutting through the noise and seeing the true picture­—both locally and nationally. Despite the near constant doom and gloom headlines predicting a housing crash since September 2022, the stats tell a very different story. The British property market—and Preston and Chorley in […]