London house prices already exceed 'peak' of 2007

Sir_Humphrey

This would explain why the supposed bounce across London appears to have largely passed by the areas in which I am looking (at least for flats).

chucky

Sir_Humphrey wrote: »

This would explain why the supposed bounce across London appears to have largely passed by the areas in which I am looking (at least for flats).

for London prices in general (obviously not your specific area) flat prices look like they're not too far from peak

nollag2006

Not fair chucky - you're upsetting the ill tempered bears with facts !

Sir_Humphrey

chucky wrote: »

for London prices in general (obviously not your specific area) flat prices look like they're not too far from peak

Well of course - most properties in Central London are flats. :rolleyes:

chucky

Sir_Humphrey wrote: »

Well of course - most properties in Central London are flats. :rolleyes:

and that's why the chart shows Greater London and not the Central London areas

nollag2006

chucky wrote: »

and that's why the chart shows Greater London and not the Central London areas

In the abscence of any evidence to back up thier own argument, its a fairly pathetic effort to try and nit pick at yours.

These bears are getting more desperate (and less numerous) by the day...

:T

abaxas

chucky wrote: »

for London prices in general (obviously not your specific area) flat prices look like they're not too far from peak

Link and methodology please.

Or it's just a pretty picture :P

chucky

abaxas wrote: »

Link and methodology please.

Or it's just a pretty picture :P

http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/default.asp?g=1&a=Greater+London&s=01%20January%202006&e=01%20November%202009&t=2

abaxas

chucky wrote: »

http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/default.asp?g=1&a=Greater+London&s=01%20January%202006&e=01%20November%202009&t=2

Is this a chart of actual values or the LR same house sold in normal market conditions crap?

chucky

abaxas wrote: »

Is this a chart of actual values or the LR same house sold in normal market conditions crap?

it's the average values that properties is selling for.

not mortgage approvals not asking prices but the actual sale prices.