We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Latest House Prices Statistical Release

I just posted this in the house buying, renting and selling forum, but then i saw that this one existed too, so i thought you might find it useful. :)

http://www1.landregistry.gov.uk/assets/library/documents/hpireport2732009e.pdf
Sarah. :p
DD is 8 years old DS1 is 6 years old
DS2 is 14 months old
«1345678

Comments

  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    I can paste stupid pictures, but cannot manage to get the nice red map of the UK off page 6 of the PDF...

    can anyone help me? thanks.

    Nice and big so we can see the green shoots, would be great...
  • carolt
    carolt Posts: 8,531 Forumite
    Come, come now - what is the point of having headlines like:

    House price decline accelerates


    if they are not posted large for all to see?

    http://news.bbc.co.uk/1/hi/business/7967715.stm

    House prices are falling even faster than before in England and Wales, according to the Land Registry.

    Prices dropped by another 2% in February, pushing the annual rate of decline from 15.1% to 16.5%.

    It means the average property is now worth £153,862, down by £30,361 in the past year, which is back to the level last seen in September 2004.

    Prices have now fallen for 18 months in a row, dragged down by the impact of the recession and the mortgage drought.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    -2.0%, considering the 3 month lag it looks to be following the Haliwide figures, it such a pity though that New builds, repo's and auctions aren't in these figures. What the general house purchaser wants, especially FTB's is a comprehensive, covers all bases, figure.

    There then would be little argument to be had, if the figure went up, house prices would indeed be on the up, and if it went down, they would definitely be going down.

    Just what would the figure be if the above house sales were in the figures ?, 25%, 30% down.:confused:, after all these are real sales, just because some are forced or don't go through EA's doesn't make them any less relevant.
  • Pobby
    Pobby Posts: 5,438 Forumite
    So back to September 2004 prices. Hmmmm how long will it be before we see September 2002 prices?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    reflects the Haliwide figures - as expected

    I'm surprised with the South West and Wales numbers - the variance between these and the Haliwide numbers must be the variance in new builds .
    Denbighshire had a 6 per cent drop in one month and Merthyr Tydfil had a 6% increase. Again low volumes though.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    ad9898 wrote: »
    Just what would the figure be if the above house sales were in the figures ?, 25%, 30% down.:confused:, after all these are real sales, just because some are forced or don't go through EA's doesn't make them any less relevant.

    i don't know the answer but would assume with repos that they don't have an impact due not being in large enough numbers and also being varied across the country to have an impact on an average price.
  • Fight_Club
    Fight_Club Posts: 35 Forumite
    Part of the Furniture Combo Breaker
    Am I allowed to say yippeeeeeeeeeee????!!!!!??????
    "There's one peace not worth having, and that's a peace at the cost of the truth"
  • polyalloy
    polyalloy Posts: 186 Forumite
    Fight_Club wrote: »
    Am I allowed to say yippeeeeeeeeeee????!!!!!??????

    I can't hear you.:cool:
  • mitchaa
    mitchaa Posts: 4,487 Forumite
    Thank god i live in Scotland:p

    This is just going back to Feb haliwide reports so nothing new here that we didn't know before.

    A non story if you like;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.