Only seven out of 13 UK regions recorded annual house price growth in the first quarter of 2012, according to Nationwide. During the first three months of 2012, the value of the typical home slipped 0.1% to £162,722. For the UK as a whole, prices were on average only 0.2% higher than a year earlier, [...]
house price
Market town house prices defy downturn
The average price of a house in one of England’s market towns has risen by 103% over the past decade, from £114,718 in 2001 to £233,416 today. According to research from Lloyds TSB, market town homes have been putting on an average £989 over the past 10 years, with some of the largest price increases [...]
Nationwide: house prices down 0.6%
Homeowners in fear of negative equity need to brace themselves for the latest index from Nationwide, which shows UK house prices slipping by 0.6% in August, to an average £165,914. July saw an 0.3% gain but the building society points out that August’s decline doesn’t change the overall picture of stability in the market, with [...]
House prices nudge up in April
The average price of a home in England & Wales rose by 0.3% in April, to £223,352, taking the annual growth rate to 0.9%, up from 0.3% in March. According to the latest LSL/Acadametrics house price survey, the monthly rise was driven by a rush of transactions involving wealthy buyers intent on avoiding higher stamp [...]
RICS: house price expectations negative
The April 2011 housing market survey from the Royal Institution of Chartered Surveyors (RICS) shows a “broad based” improvement in market conditions, when compared with March. More surveyors reported house price falls, rather than rises, but for 82% of those reporting falls, declines did not exceed 2%. London was the only region of England where [...]
North bears brunt of 47% drop in house sales
Property sales have fallen significantly across England and Wales since 2007 amid a widening North / South housing divide, new research by Lloyds TSB suggests. Last year, 649,957 homes changed hands with the total down 47% on 2007, however, sales in South fell 42% compared with a 51% drop in the North. Lloyds’ research also [...]
