The most recent set of data from the Land Registry has stated that property values in Bexhill and the surrounding area were 7.88% higher than 12 months ago and 19.52% higher than January 2015.
Despite the uncertainty over Brexit as Bexhill (and most of the UK’s) property values continue their medium and long-term upward trajectory. As economics is about supply and demand, the story behind the Bexhill property market can also be seen from those two sides of the story.
Looking at the supply issues of the Bexhill property market, putting aside the short-term dearth of property on the market, one of the main reasons of this sustained house price growth has been down to of the lack of building new homes. Continue reading “Supply and Demand Issues mean Bexhill Property Values Rise by 7.8% in the Last 12 Months”