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East Dulwich

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Forest Hill

5 London Road, Forest Hill, London, SE23 3TW

Request a free valuation (Sales)

Once you've requested a valuation we will visit your property and offering a free, no obligation valuation and advice, based on our extensive experience of selling homes in your local area.

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Request a free valuation (Lettings)

Once you've requested a valuation we will visit your property and offering a free, no obligation valuation and advice, based on our extensive experience of selling homes in your local area.

your personal details

your property requirements

Register with Daisy Lets & Sales

Please enter your details and parameters of the type of property you are looking for below and one of our dedicated team will be in touch to discuss how we can help you find your dream home.

your personal details

your criteria

Register with Daisy Lets & Sales

Please enter your details and parameters of the type of property you are looking for below and one of our dedicated team will be in touch to discuss how we can help you find your dream home.

your personal details

your criteria

August 15, 2018 Market Reports

Lettings Market – August 2018 – Forest Hill

Over the last 12 months, the average rent achieved for properties let in Forest Hill was £1,245 per month. This is a –2% change on the previous 12 month period.

We bring you the latest trends in the rental market, with a detailed focus on Forest Hill.

Rental market

Fewer properties are being listed to rent which is diminishing available supply across all parts of the country according to the RICS. With demand for rental properties remaining resilient, rents are expected to increase with agents forecasting a 15% rise over the next five years.

Across England, the annual rise in rental prices in the year to June was 1.0%, unchanged from April and May. Excluding London average monthly rents rose by 1.7%, with price growth strongest across the East Midlands and South West.

Economy

Interest rates have been raised 0.75%, just the second increase in over a decade and a unanimous decision by the Monetary Policy Committee. Meanwhile, the Bank of England has raised its forecast for GDP growth over the year to 1.5% from 1.4%.

UK unemployment fell in the three months to June to the lowest level for more than 40 years. Meanwhile, the ONS report that average wages (including bonuses) rose by 2.4% compared to a year earlier, a slowdown on earlier in the year. Being on a par with the rate of inflation means there has been no real growth in wages over the past year.

Pop in to our Forest Hill Branch to grab your copy of this report!

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