The property & lifestyle magazine brought to you by FISKS / Issue 110
INSIDE THIS ISSUE Enhance Your Property’s Value in 2024 The Truth About National Statistics With John Pring Essential Winter Property Maintenance This Month’s Properties
CONTENTS ENHANCE YOUR PROPERTY’S VALUE IN 2024
It’s 2024, and it’s time to maximise the value of your property.
THE TRUTH ABOUT NATIONAL STATISTICS WITH JOHN PRING
John Pring shares his thoughts on the subject.
ESSENTIAL WINTER PROPERTY MAINTENANCE
Follow our tips to protect your home this winter.
Welcome to our
magazine Welcome to the first issue of Gateway in 2024! As we step into the new year, let’s set fresh goals, - whether it’s buying or selling a home, it’s essential to start the year with enthusiasm and carry that spirit forward. Thankfully, it seems the toughest times for mortgage rates are behind us. So, if you’ve been thinking about your next significant move in the housing market, now is the perfect time to make it happen! In this issue, we look at ways to enhance your property’s value, I share my thoughts on National Statistics, and we give you some tips on protecting your home during the colder months. Enjoy!
John Pring FNAEA(Honoured) & MARLA | Director
ENHANCE YOUR PROPERTY’S VALUE IN 2024 It’s 2024, and it’s time to maximise the value of your property.
In the ever-evolving property market of 2024, homeowners are constantly seeking ways to maximise the value of their properties. Whether you’re preparing to sell or simply aiming to create a more luxurious and functional living space, investing in strategic improvements can yield significant returns. In this article, we explore the best ways to add value to your property in 2024. EMBRACE SUSTAINABLE UPGRADES In the era of environmental consciousness, sustainable home features are highly sought after. Consider incorporating energy-efficient appliances, solar panels, and smart home technologies. Not only do these additions reduce utility costs, but they also appeal to eco-conscious buyers who prioritise a greener lifestyle. SMART HOME INTEGRATION The integration of smart home technologies continues to be a powerful trend in property enhancement. Smart thermostats, lighting systems, security cameras, and automated home systems not only increase efficiency but also contribute to the overall appeal of a property. The convenience and security offered by these technologies can significantly boost your property’s market value. OUTDOOR LIVING SPACES With a growing emphasis on wellness and leisure, outdoor living spaces have become a focal point for property value enhancement. Investing in a well-designed patio, deck, or landscaped garden creates an inviting atmosphere for potential buyers. Outdoor kitchens and entertainment areas are particularly popular, providing a seamless transition between indoor and outdoor living.
HOME OFFICE SPACES As remote work becomes increasingly prevalent, the demand for dedicated home office spaces is on the rise. Converting an unused room or nook into a functional home office can greatly enhance your property’s appeal. Ensure the space is welllit, equipped with modern technology, and designed for maximum productivity. RENOVATE THE KITCHEN AND BATHROOM Kitchens and bathrooms are often key selling points for homes. Consider a modern renovation that includes updated appliances, contemporary fixtures, and stylish finishes. An aesthetically pleasing and functional kitchen and bathroom can significantly increase the value of your property. ENERGY-EFFICIENT WINDOWS AND INSULATION Investing in energy-efficient windows and proper insulation not only enhances the comfort of your home but also improves its energy efficiency. This can lead to lower utility bills, making your property more appealing to potential buyers who are increasingly conscious of long-term costs. COSMETIC IMPROVEMENTS Small cosmetic updates can make a big impact on your property’s perceived value. Fresh paint, updated lighting fixtures, and new hardware can breathe new life into a space without breaking the bank. Focus on neutral colors that appeal to a wide range of tastes.
Meet the team...
John Pring Director
Tayla McKinnon Office Administrator
Leanne Wright Administration Manager
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Ian Carey Sales Manager
Harriet Plampton Sales & Lettings Consultant
Penny Ash Property Manager
Nicola Rattenberry Director’s P.A.
Albie Poole Property Consultant
Tina Webster Management Accountant
We cover the whole of South Essex. Contact us for a free valuation on 01268 565555
OUR VISION & STRATEGY
Kerrie Watts Property Consultant
The residential estate agency market is increasingly populated by large corporations; nevertheless, our independent family-run estate agency continues to succeed and grow a loyal client base, due to our core values, ethos and flexible approach to clients’ requirements.
Melissa Yates Office Administrator
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CUMBERLAND AVENUE, SOUTH BENFLEET £645,000 Large Four Bedroom Detached Property Modernised Throughout And Offered In Show Home Condition En-suite To Master Bedroom Luxury Kitchen And Luxury Shower Room Parking For Up To Seven Vehicles
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KENNINGTON AVENUE, BENFLEET £325,000 Three Bedroom Terrace House No Onward Chain Perfect For Buyers To Put Their Own Stamp On Close To Shops, Bus Routes And Main Roads Catchment For Woodham Ley Primary School & Appleton Senior School
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RECTORY CLOSE, BENFLEET £450,000 Modernised Two Bedroom Semi Detached Bungalow Show Home Condition Garage Large Garden Close To Hadleigh Town Centre Refitted Kitchen And Shower Room
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THE TRUTH ABOUT NATIONAL STATISTICS WITH JOHN PRING John Pring shares his thoughts on the subject.
National Statistics typically refer to data and information collected and published by Government agents and other national organisations. These agencies are responsible for gathering, analysing, and disseminating information about various aspects of a country’s economy, population, society, and more. However, when it comes to the property market, the statistics we all see on portals such as Rightmove are not as accurate as you probably first think. We asked our Director, John Pring, to share some words on the subject... John, it’s over to you... JOHN PRING Everybody always asks “What is happening to the property market” as soon as they know I am an Estate Agent. What they really mean is are prices going up or down. The message most people do not want to hear is how the market works, this is understandable as someone’s home and value is emotive; they have pored money and love into their home and do not want to think in terms of reducing everything to pounds. There is no exact value; even mortgage valuers are only expressing an opinion based on known facts. As far as the Property Market is concerned, this hinges on finalised transactions referred to as comparables. These are either a similar property or any difference with a monitory value. These comparables involve either a property with similar characteristics or any variances quantified in monetary terms. Because your home is emotive and the market is not, the first lesson is that there are no bad markets. You care, but the market does not . The property market is like any normal market obeying the rules of supply and demand; just the same as petrol, gold or shares.
There are 3 types of off Property Market and it is important to understand what they are: 1. A sellers market: too many buyers chasing too few properties Prices go up based on demand. Think of the price rises after covid with the Land Tax Stamp Duty holiday. 2. A buyers market: Too many properties for sale, not enough buyers leading to too much choice for buyers. Prices move downwards in this case. 3. A balanced market: number of properties for sale equals the number of buyers. This is market stability.
The next consideration in understanding the market is to look at the information that is public. All markets are based on information, statistics and sentiment. The point I wish to make here is that the Government, Institutions and Journalists all love to quote National Statistics. The property market is very local and National Statistics do not relate to your postcode, or even your town. The market information on Rightmove is only a guide to the number of properties for sale or subject to contract. Rightmove’s property index shows percentage movements up or down, but is based on asking prices, not sale prices. To know the sale price, the only way aside from having knowledge of the sale is to wait for the Land Registry to publish the completed transaction on their real time website. But real time means just that; only when the solicitor registers the title will the sale and price appear, this can sometimes be several months later. It’s important to mention that the Land Registry provides
insightful reports on postcodes, but it becomes less informative when it comes to property types due to the inclusion of averages. For instance, the term “detached” encompasses a broad range, including one-bedroom bungalows and six-bedroom houses, making the average less meaningful in this context. To accurately gauge the current value of your home, consider engaging in a conversation with your local agent during their free valuation appointment. Take the opportunity to discuss the comparables they rely on, focusing specifically on sold properties rather than those currently listed for sale, as the latter represent competition in the market. I hope that my words have provided you with insight into the topic. Remember, “there is more to selling houses than selling houses”!
Why use FISKS? The industry has changed hugely with the development of digital technology - this has created two different styles of agency, the traditional high street agency, and the modern online agency. At Fisks, we believe that the best solution is to be both.
Fisks still do the traditional marketing
Our Ethos & Values
methods that you are comfortable with, such as high street shop locations with
We focus on our clients’ requirements
window displays, applicant mailing lists,
and instructions rather than just doing
text and email facilities, linked offices,
what’s quickest and easiest for us.
portals such as Rightmove, leaflet drops, floor plans, boards and branded cars.
Our comprehensive training program ensures that our staff channels their
These marketing tools have been tried
entrepreneurial spirit and enthusiasm
and tested for many years, but with the
for the benefit of our clients, whilst
ongoing digital revolution we have also
maintaining the professionalism and
embraced change. These new marketing
customer service associated with our
methods come in the form of a digital
brand.
property lifestyle magazine that’s produced in house and emailed to over eight thousand people a month, targeted social media campaigns across all the major platforms such as Facebook, Instagram and Twitter, 4k video tours of your property for our successful YouTube channel, enhanced portal marketing, and from a customer service point of view, we have vendor log-ins so you can see viewers feedback and offers on your home at any time.
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At Fisks, we believe we have all your marketing needs covered to get you SOLD!
Landlords: Protect your investment with our full property management and marketing... Protecting your investment should not be taken lightly, with our full management service you can be sure to get the support you deserve...
Don’t just take our word for it, we have many happy customers...
ARLA - the gold standard professional industry body. Audited and insured client accounts to protect your money. Rent guarantee and legal cover - protect yourself with insurance and the increased costs of evicting (subject to status). Legal hotline - specialised property lawyers helping to answer your questions.
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Inventories - protect your deposit with a professional inventory, including time stamped photographs. Inspection - allay your fears that your asset is being looked after.
“Fantastic team that pulled out all the stops and helped every step of the way. Friendly pleasant staff.”
Section notices - fully trained and experienced staff can advise and serve the appropriate notice.
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Accurate accounting - from monthly statements to overseas landlords, to expenditure and income, we hold all the information the accountant will need.
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Gas certificates and EPCs - keep your property complying with the law.
ESSENTIAL WINTER PROPERTY MAINTENANCE Follow our tips to protect your home this winter.
During the winter months, it’s essential for homeowners to undertake specific property maintenance tasks to ensure their homes remain safe, efficient, and comfortable in the face of cold temperatures, snow, and ice. The winter season brings unique challenges, and addressing these tasks can prevent potential issues and costly repairs. In this article, we’ll explore the essential property maintenance tasks that should be prioritised during the winter months. HEATING SYSTEM INSPECTION One of the most critical aspects of winter maintenance is ensuring your heating system is in optimal condition. Schedule a professional inspection to check for any issues, replace filters, and verify that the thermostat is functioning correctly. This will ensure a warm and comfortable living environment while also promoting energy efficiency. INSULATION CHECK Adequate insulation is crucial during winter to retain heat and reduce energy costs. Inspect the insulation in your walls and attic. Add or replace insulation where necessary to prevent heat loss and keep your home cozy. SEAL DRAFTS AND GAPS Cold drafts can significantly impact your home’s energy efficiency. Check for drafts around windows and doors, and use sealing tape or caulking to seal any gaps. This simple step can make a significant difference in maintaining a warm interior.
PROTECT PIPES FROM FREEZING Frozen pipes can lead to costly damage. Insulate exposed pipes, especially those in unheated areas like basements and attics. Allow faucets to drip during extremely cold nights to prevent water from freezing in the pipes. CHIMNEY AND FIREPLACE MAINTENANCE If you have a fireplace, ensure it’s ready for use by having the chimney inspected and cleaned. This not only enhances safety but also improves the efficiency of your heating source. Stock up on firewood and store it in a dry place. SNOW AND ICE REMOVAL Regularly remove snow and ice from walkways, driveways, and entrances to prevent slips and falls. Use salt or sand to improve traction, and consider investing in a snow blower for larger areas. CHECK FOR ICE DAMS Hire a professional to inspect your roof for ice dams, which can lead to water damage. Ensure proper attic ventilation to regulate temperatures and minimise the risk of ice dams. WINTERISE OUTDOOR EQUIPMENT Prepare outdoor equipment for the winter by storing or covering it. This includes garden hoses, outdoor furniture, and grills. Shut off exterior water sources and drain hoses to prevent freezing.
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ZEALAND DRIVE, CANVEY ISLAND £400,000 Freehold Large Five Bedroom Family Home Garage Ground Floor Bedroom Seperate Dining Area Cloakroom Large Low Maintenance Garden
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BIRCH CLOSE, CANVEY ISLAND £300,000 Two Bedroom Semi Detached Bungalow Great Sizes Throughout Newly Fitted Bathroom Large Kitchen External Storage Large Garden Off Street Parking
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