House prices news
Latest House prices news
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UK million pound houses - sales increase in 2012
Despite the economic woes of the UK, the number of people splashing out on a property situated on 'millionaire's row' grew last year to reach the highest level since the peak of the housing boom in 2007. Research from Lloyds TSB revealed that there was a two per cent increase in the amount of deals agreed across Great Britain for homes which cost at least ...
30th Apr 2013
.jpg "UK house prices on the increase in February")
UK house prices on the increase in February
The cost of purchasing a house in the UK property market saw an increase in February, the latest report released by Nationwide has shown. Data reports that the price of buying on average rose to keep up the strong level of performance that has been seen so far in the early weeks of the new year. Through February, the mean cost of a house hit levels of £162,638. While ...
4th Mar 2013
House prices news archive
.jpg "UK new home prices on the rise")
UK new home prices on the rise
The price of newly built properties for sale in the UK is on the increase, a study conducted by SmartNewHomes has discovered. The company said that the price of purchasing a brand new home was a full 1.1 per cent higher as of the end of 2012 than they were a year earlier, in spite of the fact they witnessed a fall in December. It now costs an average of £229,571 to ...
19th Feb 2013
.jpg "Scottish property prices experience fall in 2012")
Scottish property prices experience fall in 2012
The price of buying properties for sale in Scotland in 2012 was less than it was in 2011 according to a new report that has been released as a part of the LSL/Acadametrics index. It said that the average price of a home was around 4.2 per cent lower in December of 2012 than it was 12 months earlier, with the last month of 2012 seeing a fall of 0.8 per cent alone to show a ...
14th Feb 2013
.jpg "Housing transactions on the rise as prices remain stable")
Housing transactions on the rise as prices remain stable
The predicted rise in house prices at the start of January failed to emerge, but the market for properties for sale was boosted by the fact that there was a greater number of transactions carried out. The latest survey conducted by the Royal Institute of Chartered Surveyors (Rics) showed that a net balance of four per cent of its members felt there had been a drop in the ...
12th Feb 2013
.jpg "Prime London property prices rise in January")
Prime London property prices rise in January
The cost of prime properties for sale in London throughout January rose by approximately 0.4 per cent, a new report released this week has discovered. However, according to Knight Frank, which authored the report, in spite of these price rises, there is not expected to be any great improvement over the course of 2013 as a whole. "We expect to see no significant price ...
6th Feb 2013
.jpg "UK house prices up by 0.5% in January, says Nationwide")
UK house prices up by 0.5% in January, says Nationwide
House prices in the UK went up by 0.5 per cent in January, with the typical property now standing at £162,245, according to the latest figures. Nationwide's House Price Index showed that this was unchanged from the same point last year. Robert Gardner, chief economist at Nationwide, said that while activity in the housing market "remains muted by historic ...
1st Feb 2013
.jpg "England and Wales property prices on the rise")
England and Wales property prices on the rise
The majority of areas of the UK property market saw increases throughout 2012 as the sector started to see something of a recovery, even if the appreciation in value was largely modest. According to the latest figures released by the Land Registry, the price of a home across the countries rose to £161,490 compared to £160,040 in 2011. This comes alongside other ...
25th Jan 2013
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UK house prices grew at accelerated rate in November
The price of purchasing a house in the UK rose in November of 2012 at a faster rate than it had done in the months that came before, according to a new set of official data released earlier this week by the governmental Office for National Statistics (ONS). The organisation said that November had seen the average price for the purchase of a house increase by 2.1 per cent ...
17th Jan 2013
.jpg "More needed to redress the north v south property divide")
More needed to redress the north v south property divide
More needs to be done to address the issue of the property divide between the north and the south of England throughout the coming year, it has been claimed. In the years since the economic issues in the UK caused a crash in the property market, it has been the case that most of the recovery has come in the south of the country, with London and the south-eastern counties ...
10th Jan 2013