Published: September 25, 2013
Burnham-On-Sea property prices 'starting to show signs of recovery'

Property prices in Burnham-On-Sea are beginning to show early signs of a recovery after several years of stable values.

Estate agents in the town say interest among buyers is returning and some property is beginning to increase in value.

Paul Gass at Berrymans told this week: "The south east of the country has been leading the property increases, but there are definitely positive signs here in Burnham."

"Bungalows are where the biggest demand currently is in Burnham without a shadow of doubt. They are showing healthy gains and are definitely rising in value."

"But those increases have not filtered through to houses yet because there is so much stock around. However, it looks as though 2014 will be a good year and we're expecting some steady increases linked to inflation."

Julian Frost at Abbott and Frost added: "House prices in Burnham have been stable since 2010 but there's plenty of activity and positivity in the market."

"While we haven't seen any real gains here in Burnham's housing market yet, I do expect to see some increases filtering through during the next 12-18 months."

The comments come as new figures from the Office for National Statistics showed house prices in London outpaced those in the rest of the country by a factor of 10 times. Average house prices rose 3.7 per cent during the 12 months to July.


Bookmark and Share

Search|Add to your Bookmarks|Send a mail from|Print this page|Back to previous page|Discuss this article

Burnham-On-Sea Seafront Webcam
Burnham-On-Sea Webcam
24-hour live pictures
See live images of the seafront and beach with Burnham's Webcam. Click here

Burnham-On-Sea Shops
Burnham-On-Sea Shopping Guide
Buy in Burnham!
Support local traders by shopping in town - see our A-Z index of businesses. Click here

Burnham-On-Sea Video
Burnham-On-Sea Video
Burnham video news
Watch video highlights of events across Burnham with these video clips. Click here

Burnham-On-Sea What's On
What's On In Burnham-On-Sea
Things to see and do
Check the constantly updated calendar for what's happening. Click here

Follow us on Facebook Follow us on Twitter See us on YouTube