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Real estate industry

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Hottest spots

Article Abstract:

The towns in the South East of England, such as Sevenoaks, Reigate and Dartford, have experienced an increase in population of 10.5% since 1981. Surrey and Kent are known to appeal to wealthy professionals. The demand for houses in Surrey is high combined with a lack of land suitable for development has resulted in price rises. House building around the west of the M25 motorway has been particularly high. It is anticipated the South East will had an extra 807,000 new households by 2016. Prices of houses have been rising, with house values in Hounslow increasing by 48.1% between 1998-99.

Author: Thurlow, Alan
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
Analysis, Housing, Housing development, Kent, England, Surrey, England

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Rethink the art of the discount

Article Abstract:

There is considerable potential for strong growth in the private rental housing sector in the UK. However, this growth will only occur if valuers are prepared to change their traditional practices and methodologies. Investors will not be attracted to the sector if valuers continue to down-value a property once it has been let. It is now time to move away from the practice of valuing at a discount from hypothetical vacant possession values without giving full attention to yield.

Author: Collett, Alan
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1998
Methods, Management, Column, Rental housing, Valuation

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