Studio Make your tunes known everywhere! 🌍🎶 -  insclife

House Prices & Number of House Sales at UK Record Levels.

This week’s UK Property Market Weekly Report on YouTube for the week ending Sunday, 4th February 2024, presents a continued robust picture of the UK Property Market.

· House Prices on Sale Agreed homes rise in Jan ’24 to £331.35 / sq.ft - a rise of 1.39% from Q4 ’24 levels (£326.80/sqft)
· House Prices on Exchange of Contracts homes rise in Jan ’24 to £336.83 / sq.ft - a rise of 2.26% from Q4 ’24 levels (£329.37/sqft)
· £/sqft at Sale Agreed predicts Land Registry House Price Stats with a 91% correlation rate, 5 months before the Land Registry House Price Stats are published - hence this is an important stat.
· Listings for Week 5 of 2024 hit a 8-year record high.
· Gross sales up 5.2% on week before (& 36% higher than the Jan ’24 weekly average)
· Net sales  up 4.8% on week before (& 43% higher than the Jan ’24 weekly average)
· Sale fall-throughs continue to be at record lows.

🔗 YouTube Link to The Show https://youtu.be/EXzRMcDfzys


In-Depth Analysis (Week 5) :

* New Properties to Market: The UK observed 34,947 new listings (the 8-year average for Week 5 is 32,615). This year's YTD listings stand at 151,792, surpassing the historical 8 year YTD average of 138,606.
* Average Listing Price: A key figure of £418,395 .
* Listing vs Sale Agreed Prices: The difference stands at 20.1%. The ideal figure is in the mid-teens.
* Price Reductions: Last week, 18,231 properties saw price reductions, a significant number compared to the 8-year average of 13,156. This means 1 in 8 properties each month. Is that enough?
* Average Asking Price for Reduced Properties: At £348,347, this shows me the lower to mid price properties are being reduced. 
* Gross Sales: Impressively, 24,945  properties were sold stc. Average for 17/18/19/20 is 21,959 for Week 4
* Accumulative Gross Sales YTD: The total stands at 99,472, exceeding the average of 92,757 from 17/18/19/20.
* Average Asking Price of Sold STC Properties: Holding steady at £348,347, mirroring the latter half of 2023.
* Sale Fall Throughs: Counted at 5,131, this is encouragingly lower than the 2023 average of 5,382 weekly fall-throughs.
* Sale Fall Through Rate: Currently at 20.57%, levels not seen since the Spring of 2022. As you can see from the graph, this is a downward trend that started Spring 2023
* Net Sales at 19,814 for the week, above the 17/18/1920 average of 17,998 for Week 5
* Accumulative Net Sales YTD: The total stands at 75,273, exceeding the average of 73,036 from 17/18/19. 

Local Focus Segment - Worcester

Iain Mckenzie and I spent the last 20 minutes of our show dissecting the Worcester property market, identifying key performers and trends among Estate and Letting Agents in the area.

Final Thoughts:

As we step into the second month 2024, the property market continues to show promising signs of strength and resilience. Yet it's vital, however, to approach each week with a strategic mindset. Estate Agents - Your goal remains 100% clear: Engage in proactive prospecting for new properties to sell, ensure accurate valuations (dont forget only 52.8% of homes you try to sell in 2023 exchanged and completed), and focus great sales progression to get the sale through to exchange.

UK Property Market Stats Show - Week 5 2024 - Ep.1784

The "Angam Geeya" is a folk song about the traditional fighting "Angam Pora - අංගම් පොර" in Sri Lanka. This song sung by "Hela Jana Gee Kallia - හෙළ ජන ගී කල්ලිය" has been mixed and produced with new electronic music by DJ Producer KAZZA.

KAZZA - Angam Geeya Trance Mix

FUCK VALENTINES DAY FUCK HEARTBREAK

ich denk an dich!

Chopped and Slowed version of SpaceShip - Playboi Cardi

with a chopped up verse by Jay Rock

Lord Forgivem

This song is dedicated to my 'mighty' father. Do spread the love :)

Dr. Ashish  Rana's Album

A Tribute to My Father

Nightcall - Kavinsky - Edit

23/05/24 
25 mins, un-slump your mid-week. :)

TRACK IDS:
Truth Hurts (Original Mix) - Liva K
Cadenza (Boys' Shorts Remix) - Yuksek feat. Polo & Pan
Ankh (Alternative Mix) - Edem, Govan
Beach House (Original Mix) - Ramyen
Exotica (Original Mix) - Berin
Juno Love (Santiago Garcia Remix) - Nico Morano, MeWhy

mid-week medicine

Far from Home 
Thank you for Listening :-)

Far from Home

Far From Home

Hadi İnşallah - Funda Akyazıcı (TankutSen Edit)

needed sumthing new to flex at the monstercat event today hmu for collabs, respect

MCKY - out there

As a hobby, I enjoy producing music and invest a lot of time and energy in creating sounds and rhythms that I personally enjoy. I am aware that my music is not always perfect and that there is always room for improvement. For this reason, I welcome feedback and comments on my tracks and am grateful for any constructive criticism or suggestions that help me improve my skills as a producer. Although I do not have professional training in music production, I am continuously learning and striving to improve. Every comment and suggestion is welcome and will help me enhance my abilities and expertise in the world of electronic music.

Far From Home

Hanz-Studio

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