Property prices in Balham outpaced the rest of London in 2014 with 21% annual growth, according to estate agent Marsh & Parsons’ latest London Property Monitor.
The average Prime London home has risen in value by £95,000 in the past twelve months – however house prices in cheaper Balham have jumped £152,000 over the same period. Continue reading
Annual house price growth retreated back into single figures as house prices paused in December according to new data from LSL Property Services/Acadata.
Values in London & the South East cooled, while price growth across other regions remained steady. Continue reading
House prices in the last three months of 2014 (October-December) were 0.3% higher than in the previous three months (July-September 2014) according to Halifax as weakening demand slowed growth.
This quarterly rate of increase declined for the fifth consecutive month and was the lowest since November 2012 (-0.3%). Continue reading
UK house prices increased by 10.4% in the year to October 2014, down from 12.1% in the year to September 2014 according to latest data from the ONS.
House price annual inflation was 10.8% in England, 5.7% in Wales, 4.9% in Scotland and 4.9% in Northern Ireland. Continue reading
Latest figures released by ESPC, the leading property marketing company in East Central Scotland, show that activity in the property market in Edinburgh, the Lothians and Fife has continued to strengthen as 2014 draws to a close.
Between September and November the number of sales recorded by ESPC rose by 19% on an annual basis bringing sales to their highest level for the period since 2007. Continue reading
Scottish property prices jumped 0.7% (or £1,200) in October, as market confidence returns according to the latest LSL Scotland House Price Index.
The average house price in Scotland now stands only £717 below its pre-recession peak in May 2008. Continue reading
Towns and cities such as Oxford and Brighton have overtaken areas of London as the most unaffordable places in the country to rent, the National Housing Federation has revealed.
Research shows that Three Rivers in Hertfordshire is now the most unaffordable place outside of the capital to be a private renter – with private rent swallowing up more than half of people’s hard earned wages. Continue reading
According to new analysis by the National Housing Federation, properties in 20 of London’s 33 boroughs have risen by more than £35,316 in just one year, meaning that thousands of homes have ‘earned’ more than a nurse earning an average full-time salary.
As the chronic shortage of affordable homes in London continues to push prices way out of reach of average earners, the National Housing Federation is urging the government to come up with a long-term plan to end London’s housing crisis within a generation. Continue reading
Halifax’s housing economist, Martin Ellis, provides his thoughts on the housing market for the year ahead:
“The fortunes of the housing market are closely tied to developments in the wider economy. The strengthening in the UK economy has contributed to higher housing demand over the past 18-24 months. Continue reading
The average price of a UK property is up 1.2% in October after a dip in September with annual growth strong at 6.8% according to a new report from estate agent haart.
The capital saw annual house price growth of 18% in October with prices up slightly on month (0.3%). Continue reading