Bexhill faces a predicament. The population is growing and the provision of new housing isn’t keeping up.
With the average age of a Bexhill person being 47.2 years (compared to the South East average of 40.0 years old and the national average of 39.4 years of age), the population of Bexhill is growing at an alarming rate. This is due to an amalgamation of longer life expectancy, a fairly high birth rate (compared to previous decades) and high net immigration, all of which contribute to housing shortages and increasing house prices.
My colleagues and myself work closely with Durham University and they have kindly produced some statistics specifically for the Rother District Council area. Known as the UK’s leading authority for such statistics, their population projections make some startling reading.
Continue reading “Population in the Rother area set to rise to 108,000 by 2036”
I had an e-mail from a homeowner in Cooden the other day. She said she had been following my blog (the Bexhill Property Market Blog) for a while and wanted to pick my brain on when is the best time of the year to sell a property. Trying to calculate the best time to put your Bexhill property on the market can often seem something akin to witchcraft and, whilst I would agree that there are particular times of the year that can prove more productive than others, there are plenty of factors that need to be taken into consideration.
Even if you are putting your property on the market, you still don’t know how long it will take to find a buyer – and no agent will have a crystal ball to help with that one! At the moment, the latest set of figures for all 18 Estate Agents in Bexhill, show the average length of time it takes to find a buyer for any Bexhill property is as follows-
Detached 102 days
Semi Detached 62 days
Terraced 63 days
Flat 116 days
Overall Average 101 days
If we roll the clock back to January 2016, the overall average time it took to find a buyer (again using data from all of the 18 Bexhill Estate Agents) was 146 days.
Continue reading “Which is the best month to sell your Bexhill home?”