Hertfordshire is a non-metropolitan county located in the East region of England. Although the area is mostly rural it is home to a number of headquarters for major businesses within the area. In addition, it is conveniently located in close proximity to a number of commuter routes, airports, and principal rail routes. The real estate market of Hertfordshire is split between Hertfordshire property and the North Hertfordshire housing market. Although the areas are within the same county, they possess unique characteristics.

 

 

The North Hertfordshire district comprises three market towns and 33 rural parishes. The surrounding countryside and the towns that comprise North Hertfordshire have an accumulative population of 117,000 people and nearly 50,000 homes. The demand for North Hertfordshire property within district is typically high. 

 

 

That being said, the housing market of the North Hertfordshire district, like many other areas has suffered due to the economic recession and the financial problems of the United Kingdom. The average Hertfordshire property sells for the following prices: a detached home in the district sells for roughly 430,000 Euros, a semi-detached unit sells for 270,000 Euros, a terraced unit sells for 204,00 Euros, and a Flat sells for 160,000 Euros. These prices, although somewhat pricey, are 7.4% less than what they were priced at roughly 2 years ago.

 

 

In contrast, home real estate for sale in Hertfordshire is far more expensive. The district that makes up the small towns and urbanized areas of the county are pricier as a result of their proximity to commuter lines, consumer areas, and various industries. The average home real estate for sale in the Hertfordshire district is purchased for 620,000 euros. The average semi-detached unit goes for roughly 310,000 euros, while the terraced units and flats go for 240,000 and 185,000 Euros respectively.

Nottingham is located in the East Midlands region of the United Kingdom. The city of Nottingham is relatively small for it possesses a population of roughly 290,000 people. The outer boundaries of the region contain over 660,000 people however, making the Nottingham district the seventh-largest urban environment in the United Kingdom. The city of Nottingham and the surrounding areas possess far different real estate markets.

 

 

The uniqueness of each area results in the differences in culture, topography, and environment. The urban area typically possesses small flats or apartments that sell for under 100,00 Euros. Typically these forms of Nottingham property are exceptionally small–they typically contain one bedroom, a small bath, and a small sleeping area–and are thus priced accordingly. 

 

 

An average one bedroom flat in the urban district of Nottingham sells for roughly 60,000 Euros. Although cheap, the area also has multiple-bedroom flats which, depending on the size, can sell for as much as one million euros. The most expensive flats are located near the city's main university or the business center.

 

 

Nottingham property that is found outside of the city limits are valued and priced at much higher amounts. The average home sells for well over 600,000 Euros and contains multiple bedrooms, bathrooms, and acres of land. There are many luxurious mansions located in this region making Nottingham one of the more prestigious areas of the United Kingdom. In addition, Nottingham property located beyond the city limits is conveniently located near commuter routes.

Yorkshire is a famous and historic county of Northern England. The county is extremely large and possesses numerous cultural centers that define the country's historic and societal influence. As the county goes through major reforms it has transitioned itself as a unique environment which maintains its historical character, while adding a more modern movement to accommodate the new citizen. As a result, Yorkshire has a diverse economy that includes trade and commerce, finance, coal mining, and the steel industry.

 

 

Yorkshire's size as a county necessitates the presence of multiple real estate markets. West Yorkshire for instance, is a landlocked area of the county that is more metropolitan than other parts of the county. West Yorkshire property is typically the most expensive in the county' West Yorkshire encompasses the largest urban area in the county. 

 

 

West Yorkshire property contains all apartments or housing located in the city of Wakefield, Leeds (largest city in West Yorkshire), Kirklees, Bradford, and Calderdale. The prices of homes or apartments in the corresponding locations differentiate, however, the typical flat costs roughly 80,000 Euros and the average multi-bedroom dwelling costs north of 300,000 Euros. The most expensive or desirable West Yorkshire property is found in the urban centers of Leeds and Wakefield. 

 

 

In contrast, North Yorkshire property is considerably cheaper. North Yorkshire is a rural setting; the many of the homes are old and contain farms or vast amounts of land. The non-metropolitan area warrants an agricultural lifestyle. As a result, the majority of homes are located on large pieces of sprawling land. The average price of North Yorkshire property, with all the land included is roughly 250,000 Euros.

London homes for sale will drastically vary in price. On the outskirts of the famous European city a prospective buyer will come across cheaper properties that are in less demand. In contrast, properties on the Thames or in the wealthy suburbs will cost millions of pounds to purchase. Typically these homes are small; however, they possess multiple bedrooms and stunning views. Even with a bleak global economy and a government that is in exorbitant amounts of debt, the London real estate market is healthy, or at least incredibly pricey.

 

 

The reason for the stable pricing model is found in the constant demand for London property; the city possesses numerous high-paying jobs and a desirable setting for homeowners. That being said there is a growing percentage that is shifting away from buying London properties and instead opting to rent them. Many people, especially now, are opting to rent to minimize the vulnerability or exposure to the real estate market. 

 

 

The London housing market, like all housing markets, is susceptible to forming a bubble and subsequently bursting. Experts have theorized that the real estate market has been swelling since 2007; prices in the market continue to expand while the true value of the property remains the same. When an individual purchases a home the property, because of its worth and price, becomes a hefty investment. 

 

 

When the real estate market in which you purchased the home collapses or bursts, the value of the home greatly diminishes, and as a result, the individual loses a considerable amount of their money. As a result, London homes for sale have been decreasing over the years, and the majority of London citizens are either staying in their already purchased homes, or renting apartments in or around the city.

Midlothian property refers to any land purchased or rented within one of the 32 council areas that make up the Midlothian area. The county of Midlothian borders Scotland, near Edinburgh. The area is comprised of numerous towns and villages that are regarded as historic and lovely.

 

 

Midlothian property, when compared to areas within London is cheap and relatively more stable in regards to the housing bubble. Depending on the town or village within the county, Midlothian property can range in price from the cheap (Midlothian property that ranges from 135,000 to 250,000 Euros) to the expensive (homes that are priced over 1,000,000 Euros. 

 

 

Along with the price, the styles of the homes greatly vary as well. Midlothian property, in regards to home style and general feel of the neighborhood, is reminiscent of a typical American suburb. The lawns are typically manicured, the streets and neighborhoods are far from congested, and the school systems are very strong. In addition, the lots for these areas are typically larger than the average American suburb. The culture is considered more country than an American suburb; most homes contain multiple acres and a stable block.

 

 

A Midlothian property can be evaluated or viewed for purchasing through numerous online websites or real estate agencies. The beauty of the region is found in the diversity of the homes within each specified village. Regardless of taste or price range, there will a Midlothian property that fits your particular desires.

Kent County is an area in southeast England, which borders France, East Sussex, Greater London, and Surrey counties. The area has an abundance of hop gardens and orchards; Kent County is often referred to as "The Garden of England" as a result. 

 

 

The area lies within the London commuter belt, however, the majority of Kent's industrial heritage relies on aircraft construction, paper making, and cement construction. As these industries are experiencing a great decline, other parts of the county, particularly the Southern and Eastern areas, have relied more on tourism and agriculture to fuel the local economy.

 

 

There are numerous pieces of Kent property that are currently for sale or rent. Given the state of the country's economy and the global outlook of the macro-economy the majority of people in Kent County are opting to rent. The decision to rent is a financial or personal decision that arises from the current market; an individual who buys a home in a crippling real estate market will inevitably witness a significant drop in his/her initial investment. 

 

 

New Kent property that is available for purchase are commonly found in the Kings Hill area or Speldurst–both communities are prestigious as the average home price in these areas sells for roughly 800,000 Euros. The majority of Kent properties for sale are new homes that are built in a community-structure.

 

 

The homes are large with considerable property; the homes can be considered mansions, but they still maintain, given the culture of the area, a rural feel. In addition to the larger homes, there are numerous pieces of Kent property that are quainter and sell for under 400,000 euros. 

The Essex area of England is a non-metropolitan county in the East of England. Essex property is located to the northeast of Greater London and although the county is typically described as a rural area, it possesses shopping centers and airports that are considered vital hubs for transportation and tourism for the country. 

 

 

Given the areas age and cultural significance, the county contains over 14,000 buildings that are nationally recognized as landmarks. 1,000 of these buildings are recognized as Grade 1 or Grade 11 importance, meaning they are protected by the government and publicly upheld to maintain the area's culture. The buildings range from seventh century churches to Yacht clubs; both although different in time and purpose are thought to be crucial to England's culture and history.

 

 

Essex County contains an area of roughly 3,670 square kilometers or 1,400 square miles. The population, which has been steadily inclining is currently 1,750,000. The land is mostly rural; the county contains a plethora of rolling hills and is a primary agricultural region for England. Although the population has significantly increased since the early 1990's the area's real estate market is struggling from the aftereffects of a global recession. 

 

 

To quell the negative externalities of a declining housing market, and to provide adequate housing for the area's booming population, Essex County has instituted several government programs to provide additional dwellings for the county's residents. Essex properties, through such government programs, are thought to be available in the form of 102,000 additional housing units by the year 2021.

 

 

London is still the country's fastest growing city. As a result of its close proximity, Essex property is in constant demand. The Thames Gateway–an area on both sides of the Thames–is a hotbed for commuters, and has recently undertaken a project that calls for the development of new homes, jobs, and various amenities. 

 

 

 

 

As a result of the areas wealth and property values, renting an apartment or flat in London is often a costly endeavor. Currently, tenants are facing drastic increases in rents as landlords are pushing prices back to levels not seen since the economic recession. 

 

 

The largest increases for property to rent in London are typically found in the south-east where an increase of 3% per month is considered the norm. These increases in rent payments for London properties have greatly affected the typical tenant's ability to pay. As a result of the rising rent payments, many tenants have fallen behind with their payments or defaulted on their contract.

 

 

To rent property in London, as a result of the many people defaulting on their payments or falling behind on rent, a typical landlord will require a significant deposit. The hefty deposit phases out first-time buyers who look to rent property in London, but cannot afford a sizable deposit. 

 

 

This however does not pose a problem for the majority of the market, after all apartment prices are exorbitantly high because a steady demand is present in the market. Property to rent in London is extremely costly because of the macroeconomic conditions and their effect on the housing market. A person looking to rent property in London will do so because he/she does not want to be vulnerable to a crash in the housing market, and a subsequent decline in their hefty investment.

London is typically regarded as the world's most expensive city. As a result, London properties are extremely costly. Historically the London real estate market has always been strong. Fueled by a constant demand for London properties and a strong economy, the London real estate market features exorbitantly pricey homes and land.

 

 

London is considered Europe's star city; the area possesses numerous landmarks, and a lively night scene. London is served by five international airports, has a strong school system, and is big in theater, shopping, music, and fashion. London property truly attracts people from all corners of the world.

 

 

London property, in regards to serviced apartments, has the most expensive prices in the United Kingdom, and quite possibly throughout Europe. London properties are typically older flats, that haven't been remodeled for decades, however, the newer apartment complexes, especially in inner London all come with modern facilities, including kitchens and wireless Internet.

 

 

Property for sale in London has experienced a 9% dip in the average home price from the 2007 peaks. The average London property, including all property for sale on the dreary outskirts of the city, is roughly $435,000. From its peak, London properties are down 12%; when compared to household income, London real estate prices are considerably higher then were in 1989, or the last real estate bubble for London properties. 

 

 

With the global economic recession, London real estate, like every other real estate market, is extremely fragile. The difference however, is that the prices for London properties have not reflected this current economic time. As the British government continues to borrow and spend, the effect on home prices goes unnoticed.

Lanarkshire or the County of Lanark is an area in Scotland that is roughly 2,300 kilometers in area. They are divided into North Lanarkshire and South Lanarkshire; both areas of the county have unique characteristics which define their specific housing markets. Although the markets are held separate, the towns that make up the North and South area of Lanarkshire represent the unique characteristics of the area.

 

 

The average price paid for through a very popular real estate agency for South Lanarkshire property is just above 120,000 Euros. Although this amount is relatively cheap given the area, there are many homes that sell for over a million pounds. The cheapness is found in the rural setting of the area and the presence of numerous bottom-line, 1 bedroom flats. 

 

 

The abundance of flats within the area greatly cloud the low average price paid for Lanarkshire property; the majority of flats (1 bedroom areas) within the area sell for roughly 30,000 Euros or below. The more expensive properties within the area are more traditional homes, which contain multiple bedrooms and numerous acres.

 

 

North Lanarkshire property is commonly regarded as the most affordable land in Central Scotland. North Lanarkshire property combines affordable land, open space, and individual communities that possess a unique culture. North Lanarkshire has a population of roughly 325,000–a number that has greatly increased due to the government's willingness to build public living areas. The area is mostly rural; however motorways and the North Lanarkshire property belt divide the rugged land, giving it a paradoxical feel. 

 

 

As towns continue to sprout up and the government continues to build more communities, the average home price will continue to drop. Demand for North Lanarkshire property is relatively flat; if the supply continues to increase the price will remain the same or fall. As a result of the county's setting and structure, the typical lot contains multiple acres, detached villas, and multiple bedrooms. Although many of the homes have been left untouched for decades, the community's desire to build up more properties has given the area a makeover through the implementation of modern homes.