Are Property Sourcers Right to predict Capital Growth? When sourcing property deals, the figure of 5% annual growth seems to pop up a lot. Why is that? It's often what many of us (myself included) were taught on property courses. But how does this compare with the real numbers? Let’s take Bradford for example, and look at Zoopla’s recent property report on the area. The Reality in Bradford * Last year: House prices rose by 2.6%, not quite the 5%. * Over 5 years: Prices increased 29.5%, which averages out to 5.9% per year, comfortably above the 5% mark! Of course, not every street, postcode, or suburb will perform the same, which is why research is critical. The key is identifying the areas that deliver consistent, strong returns. The Bigger Picture Property remains a tangible asset with a proven track record. While short term growth can fluctuate, history shows that property values trend upwards over time. This isn’t a sprint, it’s a long game. If you're serious about investing, focus on long term value and back your decisions with thorough research. What do you think about using 5% as a benchmark for growth?
Posted by Jason Christensen at 2025-01-06 09:27:35 UTC