Tag Archives: South East

Financial and business charts showing growth

Reading set to be the fastest growing city in the UK

According to the latest EY UK region and city economic forecast, Reading is expected to be the fastest growing city in the UK over the next three years. The Berkshire city will deliver a GVA of 2.5%, outperforming the overall UK GVA of 1.5% during the same period.

The South East as a whole is forecast to grow faster than the rest of the UK, delivering  average growth of 1.9%.

Reading growth led by digital

Reading tops the growth league tables for GVA and employment, with average annual rises of 2.5% and 0.9% until 2019. As the UK’s fastest growing sector, digital accounts for 25% of Reading’s GVA.  This figure is much higher than in many other UK cities. The strength in digital, along with growth in key sectors such as ‘professional, scientific and technical’ contributes to Reading’s strong performance.

The outlook for other parts of the UK is more challenging. Slowest regional growth levels are expected in the North East, Scotland and Wales. These areas rely on different employment sectors such as accommodation, oil mining or the public sector. These industries have already suffered job losses or are expected to come under threat over the next three years.

Mark Gregory, EY’s chief economist commented: “This is our first region and city forecast since the EU referendum, but Brexit isn’t the only factor at play in these economic downgrades…. The changing UK landscape means that it is even more important to continue to monitor economic developments at the region and city levels and to include the potential implications of emerging economic, industrial and trade policy for all parts of the UK.”

Here at Check 4 Houses we are not surprised by these results. They underpin the continued strength of the South East region, despite the challenges of Brexit. Our local property markets of Reading, Fleet, Basingstoke and other major towns all remain strong due to an ongoing lack of supply. This means your property might be worth more than you think.

Thanks to our online approach we can sell your property from as little as £499+VAT.  This could save you thousands when compared to standard agency fees. We offer:

  • 24/7 national marketing
  • Unlimited photos
  • Accompanied viewings
  • Personal contact from start to finish
  • A price match guarantee*

Please contact us for a free, no obligation valuation on your home on 01252 819725 or info@check4houses.co.uk.  We would be delighted to help.

*See website for full terms and conditions of our price match guarentee

fleet food festival

Local Hampshire Food Festivals In May

May sees the return of some of the best food festivals in Hampshire and a chance to get those taste buds going, particularly as we come into the Summer season of fresh British produce.

The Alresford Watercress Festival takes place on 17 May 2015 and brings together the local community and food lovers from far and wide to celebrate watercress – the superb locally grown, delicious and versatile crop.  The entire centre of New Alresford becomes a huge street festival with a large food market.  One of the highlights of the festival is the street cavalcade with jazz musicians, Morris dancers and local school children accompanying the Watercress King and Queen who sit on top of a horse and cart.  The children will be distributing the first of the season’s watercress harvest to festival-goers.  In the Cookery Demo Unit you can watch well-known award-winning chefs and food writers including Jack Stein, son of Rick Stein, demonstrate their skills and some mouth-watering recipes and even cheer on those in the World Watercress Eating Championships.  Entry to the festival is free and if travelling by car you can take advantage of the park and ride service from Ropley to Alresford with either a free ride on the Mid Hants Railway ‘Watercress Line’ or, during peak times, a free coach ride into Alresford.

The Fleet Food Festival is a week later on 24 May and promises to be a flavourful array of fantastic food, tasty talks and demonstrations, workshops, family activities and an appetising menu of live music.  Highlights include a tantalising range of fresh and regional produce in the Food Market, prestigious regional chefs and master classes in the Cookery Theatre, inspirational food and wine talks and Q&A with the experts, family fun in the hands-on children’s area, speciality real ale and refreshing drinks in the Pint ‘n’ Pimms Tent and an exciting line-up of live music in the picnic area.  Entrance is just £1 and under 5s go free.  Special, discounted parking is available in Fleet to support the event with parking just £1 all day in the main town centre car parks and free in Hart Shopping Centre.

Fleet is a thriving community and was voted one of Britain’s top 20 places to raise a family in 2014.  If you are looking to relocate to Fleet or surrounding areas then why not check out our properties currently for sale in Fleet, as well as some comments from happy customers in Fleet who have sold their property through Check 4 Houses.

Crowd of people walking on city street

Reading has the most productive workforce in the country

The Cities Outlook 2015 report released today, produced by the think-tank Centre for Cities, names Reading as the most productive workforce in the country, with an average contribution of £70,900 per person to the economy.

To find out more about the story and the economic powerhouse that is Reading go to the Get Reading website.

The definition of Reading for the report includes the greater Reading area of Wokingham and Bracknell.  If you are looking to move to Reading, Bracknell or surrounding areas then why not check out our properties currently for sale, as well as some comments from happy customers who have sold their property through Check 4 Houses.

Compass on a map

South East of England takes the property ‘boom-town’ crown

The South East of England is now the strongest performing region in the country over the last 12 months, with new seller asking prices up 10% on a year ago, higher than London’s current annual rate of 9.6%.

This new report by Rightmove and Oxford Economics suggests that buyers are seeking better affordability and value ‘out of London town’, and upwards price pressure is being fuelled by a shortage of home owners willing to sell.  The analysis predicts that this trend will continue with the South East seeing the highest increase in property values in the next five years, driven by a continuation of this imbalance between supply and demand.  While the national average is a 30% uplift, the South East is forecast to be up by 37%, ahead of London at 33%.

Miles Shipside, Rightmove director and housing market analyst comments: “The South East has kick-started its journey on the five-year road to the highest growth in values by overtaking London in this month’s index.  Those looking for the best price appreciation in the country should seriously consider the South East…. This is not an opinion-based prediction but the most comprehensive data-driven forecast ever produced, and it shows gains of over 40% in those areas.  They are either due a price over-spill from neighbouring areas, have good transport links with London, or both.”

So now may be the best time to sell your home in the South East!

At Check 4 Houses we sell a wide variety of houses, flats, apartments and bungalows across the South East including towns and cities with excellent transport links with London such as Fleet, Farnborough and Basingstoke.   With all the knowledge of a local high street agent, but at the cost of an online agent we can sell your property from as little as £499 or 0.5%+VAT, saving you thousands.  Please give us a call on 01252 819725 and we would be delighted to come and give you a free, no obligation valuation.