April 2018

The rents paid by Bicester tenants are now standing at £1,079 per calendar month (pcm), a rise of 0.45% year on year and 0.55% higher month on month.

However, this attention-grabbing monthly rent figure masks stark differences in the various different parts of the Bicester rental market.  Demand in Bicester for high quality family homes with two or three bedrooms in good catchment areas for schools remains really robust.  Other influencing factors that make certain areas popular are the proximity to transport links. However, I have noticed a drop in demand and rents achieved for property where the landlord hasn’t kept the property in good order in terms of decoration, carpets, windows and heating systems

So, what does all this mean for Bicester landlords and tenants? Read More

As I have mentioned before in my blog, with not enough new-build properties being built in Bicester and the surrounding area to keep up with demand for homes to live in, it’s good to know more Bicester home owners are putting their properties on to the market than a year ago.

At the start of 2007 there were 256 properties for sale in Bicester but by March 2008, when the credit crunch was really beginning to bite, that number had risen to 530 properties on the market at a time when demand was at an all-time low, thus creating an imbalance in the Bicester property market. Read More

Beast from the East, Russia, Facebook, Brexit, Trump, house prices up, house prices down, the press is full of column inches on Brit’s favourite subjects of politics, scandal, weather and not forgetting the property market. Talking to my fellow property professionals from around the UK in a recent meeting, the one thing that is immediately apparent is the UK property market is vastly different depending on your location. There are lots of small property markets all performing in different ways.

That made me think, does the same rule apply in an individual town, is there just one Bicester Property Market or many? Read More

The degree to which young Bicester people are locked out of the Bicester housing market has been revealed in new statistics.

I was chatting to one of my landlord’s last week about how the homeownership rates in the early-middle aged adults in Bicester had affected the demand for rental property in in recent years. I knew that it was affecting the Bicester rental market, but to what degree I wasn’t quite sure. So I promised the Landlord some facts to back up my thoughts. I like a challenge and I thought I’d share what I found.

Read More