Real Estate

Before the reign of Queen Victoria, Canning Town had no real significance and it did not even get its name until the Victorian period. It is probably named after Charles Canning. He was a famous and popular character at the time as he had successfully managed the Indian Mutiny in his role as Viceroy of India. Once the area started to be developed, it turned into a busy industrial and commercial hub.

During the 1930s, housing conditions in Canning Town were so bad that the local council started a program to clear the slums and to provide better social conditions for local residents. Many properties were torn down, and new houses, nurseries, medical clinics and even a lido opened in the area.

The Second World War also badly affected the area and led to further redevelopment after the war. Much of the East End was a prime target for German bombers and it is estimated that over 85% of local housing stock was destroyed.

Canning Town was also the scene of one of the worst bombing events in the war, although a government cover up at the time hid the full extent of the incident. In September 1940, local residents were sheltering in the basement of South Hallsville School during an air raid. They were staying in the school because they had been evacuated from their homes.

The school suffered from a direct hit burying all of the sheltering locals under piles of rubble. Reports at the time indicated that around 70 people died in the incident, but it is now believed that close to 600 people died on the site making this the worst civilian casualty rate in a bombing raid during the war.

Due to the massive loss of housing caused during the blitz, social housing took the form of new council estates, including a number of high-rise tower blocks, which were popular at the time.

One high-rise block became well-known in the 1960s for all the wrong reasons when a gas explosion caused an entire corner of the block to collapse. Ronan Point and its surrounding high-rises were demolished to make way for safer, and smaller, houses and the lessons learned from this accident changed the way that high-rises were built.

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The window tax was a property tax based on the number of windows in a house. It was a significant social, cultural, and architectural force in England, France, Ireland, and Scotland during the 18th and 19th centuries. To avoid the tax some houses from this period can be seen to have bricked-up window-spaces. In was introduced in England and Wales in 1696 and was over-ruled in 1851, 156 years after first being introduced. France (established 1798, over-ruled 1926) and Scotland both had window taxes for similar reasons.

 

When the window tax was introduced, it consisted of two parts: a flat-rate house tax of 2 shillings per house, equivalent to £12.51 in 2015, and a variable tax for the number of windows above ten windows in the house. Properties with between ten and twenty windows paid an extra four shillings, equivalent to £25.03 in 2015 and those above twenty windows paid an extra eight shillings, equivalent to £50.06 in 2015.

 

The bigger the house, the more windows it was likely to have, and the more tax the occupants would pay. Nevertheless, the tax was unpopular, because it was seen by some as a tax on “light and air”. A similar tax existed in France from 1798 to 1926.

 

There was a strong agitation in England in favour of the abolition of the tax during the winter of 1850–51, and it was accordingly over-ruled on 24 July 1851, and a tax on inhabited houses substituted. The Scottish window tax was also abolished at the same time.

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Photo source: http://bit.ly/2eAqidH

Property prices are usually more relative than time, but – as we already mentioned before, there are always some things to do to make sure your property is according to the standards on the market.

Renovating the bathroom is one sure way to maximize the property price. One recent study reveals which of the main features inside a bathroom can help sell the house at the expected price:

Quality wall/floor tiles with good grouting (76%) was cited as the feature to add the most value to a bathroom. This was closely followed by electric or power shower (70%) and then, good sized fixtures (sink, toilet, shower/bath – 66%). The lowest ranking feature to add value to a bathroom was surprisingly underfloor heating at 34%.

If you are considering some kind of renovating of your property and the bathroom is one of the focus points, read the article on Property Reporter to make sure you won’t miss any of the features expected by buyers.

Which feature adds the most value to bathrooms?

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Photo source: Pixabay http://bit.ly/2x5qYhK

Recent reports upon the rent sector showed a increase of £874 in July. The raise in average rent price actually rose slowly during the last 12 months, reaching the 3.1% rise in July.

At a first look, most would say the rise is caused by an increased request on the market. Analysts say it is actually caused by the insufficient offer and the new policies introduced by the government.

Details in the article on Property Reporter:

Average rent up £874 in July

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Photo source: Hometrack http://bit.ly/2x5qYhK

Prices of houses across UK dropped in the last year. Studies that compared July 2016 to July 2017 revealed a decrease of 2.1 %. This July marked a 5.3% growth rhythm compared to the 7.4% a year ago.

However, the tendency is still of growth. Nineteen of the twelve cities in the UK marked a raise. The only one with prices going down is Aberdeen. London ‘bottomed out’ considering the 2.8% growth rate and compared to the top of the list Birmingham (8%) or second place Manchester (7.1%).

To have a full view over the development pace and the actual prices read the whole report on Hometrack.

UK Cities House Price Index – July 2017

The report is actually very revealing and gives a clear idea of how the English property market is developing. Still, take into consideration that it uses the average price of the property and actual sales – point where sellers and buyers actually agree on the value of the house. There are actual situations when the demand is not fulfilled because properties on the market are overpriced and buyers are willing to only pay the right price. Not necessarily the one asked by the seller.

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… and with bigger prices!

Photo source: Property Division http://bit.ly/2vHBgAy

You would never think it matters, but it actually can really count when it comes to the property price. Yes, we are talking about the ‘unimportant’ bathroom problem.

The bathroom might be overlooked when a seller tries to prepare the house for a viewing. However, studies show us that the bathroom can raise the general selling price.

And don’t think it’s actually all about fancy faucets or high-end furnishes. All the improvements can be done by yourself and are quite reasonable for anybody who is handy and wants to cash in some more money by taking care of the bathroom themselves.

How a Desirable Bathroom Really Sells a Home

The article on Property Division lists a couple of things to do in the bathroom that were proven to give the best first impression on the prospective buyer. Paint the restroom in a blueish shade, clean it thoroughly, and improve the lightning are the first three easy steps.

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Photo source: Pixabay http://bit.ly/2wKeTPG

Preparing to be a parent? Prepare yourself mentally, but remember to prepare your house too, because the impact is going to be major.

Preparing the home for a child is very helpful for parents because it takes them one step closer to the real thing. It takes a lot of imagination to create the perfect child-ready house, but your effort is going to be well rewarded when the baby comes.

First step is to think like a curious baby! Imagining life from the baby point of view is going to make you more aware of the dangers that it might encounter inside the house. For examples, cabinets with cleaning products should be carefully locked before the baby starts moving.

For the kitchen, we suggest you keep only the essentials for you and make some ‘room’ for the baby-food maker or for a bottle rack.

The baby room is a must, but most parent prioritize decorating it for the baby. Instead, you should be focusing on making it friendly – and by ‘friendly’ we mean efficient – for you as a parent. Organize the room properly to easily find diapers, clean ‘outfits’, baby toys etc.

You will find more inspiration on what to do first when preparing your home for a baby in the following articles:

9 Things to Do to Get Your House in Order Before Baby Comes

12 Ways to prepare your home for your new baby

For toddlers you can find some ideas on how to make their life more fun and frustration-free in this article:

7 Ways to Make Your Home Kid Friendly

After you have all these in order you can go ‘over the top’ with these fun ideas to entertain children inside your home:

Top 10 Kid-Friendly Houses

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Photo source: Property Reporter http://bit.ly/2wxWCEQ

Finding your dream house can be difficult, but for Game of Thrones fans things can get even more difficult. Choosing a land is the hard part!

Die-hard fans of GoT can choose to live in one of the lands promoted heavily in the TV series. Apparently some of the places in Game of Thrones have similarities in the real world.

 

Believe it of not, just because of the namesakes, the property prices in these GoT namesakes places have even doubled. The main examples stated by Property Reporter in the article ‘Want to live in King’s Landing? Seven GoT-themed options for buyers‘ are: King’s Langley, Silverhill Drive, Rose Road, Kingswood, Wolf’s Wood, Blackwater, King’s Road.

Obviously, fans are the ones willing to pay the extra price all for the sake of the check-ins on Facebook and, maybe, the location on the party invitations: ‘The GoT inspired Halloween party is going to take place in Wolf’s Wood, near Blackwater and corner with King’s Road’.

The play-pretend was even taken much further earlier this year when specialists calculated the cost of living in the fantasy lands of Game of Thrones. The prices are detailed in another Game of Thrones article entitled ‘How much does it cost to live in Winterfell?‘.

 

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Photo source: Pixabay http://bit.ly/2vnwOr7

Trying to find a style that fits all types of people can be very hard to do when it comes to furnishing the property about to be let. Landlords have to know very well their target tenant and make him/ her comfortable inside the house a long time before letting.

A real trap is to make the house or the apartment personal. It is not about you, it is about the future tenant. Make sure you know the type of tenant moves in the area you are letting and things will be quite easy.

Property Division made a list with top tips for landlords in the Buy-to-Let industry. It is very useful to have a guideline like this when preparing a space for somebody else to live in.

Go through it carefully and try to apply it to the property you are letting.

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Photo source: Wikimedia http://read.bi/2ipsgP4

Education is the most important criteria even when it comes to choosing an area to live in.

Latest studies state that one in four parents move to be near a school they find suitable for their children.

Usual buyers might have a lot of criteria when searching for a home, but families tend to prioritize depending on the schools in the neighborhood. Moreover, parents are actually willing to pay more for a house in their focus area. And the extra money is not to neglect: the average plus 12% the studies show to be paid extra equals about £26,800 to the average property price.

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