GBP Estates Blog

At GBP Estates we believe in keeping you informed about what is going on in the property market.

Romford's Millennials to Inherit £632,242 each from their baby boomer parents

26 July 2022

Romford's Millennials To Inherit £632,242 Each From Their Baby Boomer Parents

     The total value of homes owned by Baby Boomers in Romford alone is £9,093,669,376 - and two-thirds of the Romford Millennials are set to inherit all that in the...

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Homebuyers – You could be owed up to £2 billion in tax refunds.

21 July 2022

Homebuyers – You Could Be Owed Up To £2 Billion In Tax Refunds.

  The Governments online stamp duty calculator is getting their sums wrong. Yes! this is true. Did you know that thousands of people have over paid Stamp Duty Land Tax. On residential...

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Romford property Prices have Risen by 506% Since 1995

20 July 2022

Romford Property Prices Have Risen By 506% Since 1995

    “Tell me what is happening to the Romford property market”, asked the friend of a friend at a recent do I went to in Romford (after finding out I was an agent...

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Romford Starter Homes are 32.9% Cheaper Today Than in 1989

13 July 2022

Romford Starter Homes Are 32.9% Cheaper Today Than In 1989

  Even though the average value of a Romford first-time buyer property has risen by 453.7% since 1989 to £273,830, the monthly payments Romford first-time buyers must make on...

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80.2% of Romford Properties Were Bought With A Mortgage in The Last Ten Years

4 July 2022

80.2% Of Romford Properties Were Bought With A Mortgage In The Last Ten Years

  Could the high levels of mortgages that Romford people take out cause another property crash?   Many Romford homeowners and landlords have been contacting me recently and...

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29.2% of Romford Property Sellers Reduce Their Asking Prices as The Property Market Equilibrium Starts To Return

27 June 2022

29.2% Of Romford Property Sellers Reduce Their Asking Prices As The Property Market Equilibrium Starts To Return

  229 of the 783 properties on the market in the Romford area have had a price reduction in the last 3 months. The average reduction has been 5.6% of the original asking price....

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