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Debate House Prices


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Top 10 towns and cities in the UK for HPI in 2011

HAMISH_MCTAVISH
HAMISH_MCTAVISH Posts: 28,592 Forumite
Part of the Furniture 10,000 Posts Name Dropper Photogenic
edited 6 January 2012 at 12:06AM in Debate House Prices & the Economy
Wigan + 5.62%

Aberdeen + 4.30%

Ipswich + 3.84%

Cardiff + 3.51%

Edinburgh + 3.17%

Dundee + 2.66%

Plymouth + 2.64%

York + 2.43%

Bournemouth + 2.39%

Cambridge + 2.00%

So much for the figures being skewed by rich foreigners buying houses in London then. :)
Forget the bright lights and glitz of the capital, Wigan was the surprise property hotspot of the last year, according to new research.

The northern industrial town claimed top spot in Zoopla.co.uk’s house price league of the UK’s major towns and cities, with prices rising 5.62 per cent last year.

Other strong performers last year include Aberdeen, in Scotland, which saw house prices increase by 4.3 per cent, or £8,636, and Ipswich in Suffolk, where values jumped 3.84 per cent, or £6,866.

These areas all outperformed London percentage wise. The average home in the capital is now worth £416,890, up 2.28 per cent on a year ago.
http://www.thisismoney.co.uk/money/mortgageshome/article-2082540/Wigan-2011-winner-house-price-gains-values-jump-5-6.html#ixzz1iaYAb0nD


And to keep the bears happy, the top 10 towns and cities for HPC in the UK in 2011.

Newcastle Upon Tyne -5.51%
Leicester -4.61%
Bolton -4.00%
Lincoln -3.64%
Liverpool -3.51%
Wolverhampton -3.13%
Northampton -3.09%
Rotherham -2.93%
Warrington -2.19%
Manchester -1.96%

No surprises there then..... ;)
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”
«13

Comments

  • nearlynew
    nearlynew Posts: 3,800 Forumite
    "According to Zoopla"

    :rotfl:


    Fantastic bit of straw-clutching McTittish.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    edited 5 January 2012 at 2:27PM
    ah yes, the famous zoopla index.

    which directly contradicts your other famous nationwide index, which in your recent thread showed scotland as unusually deflationary over the year, whilst zoopla shows the opposite.

    http://www.moneysavingexpert.com/news/mortgages/2011/12/nationwide-reveals-huge-regional-difference-in-house-prices-change?utm_source=forum&utm_medium=sidebar&utm_campaign=box

    so i'd view all of this data with extreme caution.

    by far the best quality data is LR. its main problem is that it's a bit out of date... although you can, kind of, guess at more recent changes by averaging changes for Halifax & Nationwide, if you really want to.
    FACT.
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    Zoopla. Fnarfff.
    Been away for a while.
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    HAMISH_MCTAVISH wrote: »
    Top 10 towns and cities for HPC in the UK in 2011.

    Newcastle Upon Tyne -5.51%
    Leicester -4.61%
    Bolton -4.00%
    Lincoln -3.64%
    Liverpool -3.51%
    Wolverhampton -3.13%
    Northampton -3.09%
    Rotherham -2.93%
    Warrington -2.19%
    Manchester -1.96%

    No surprises there then..... ;)

    http://www.thisismoney.co.uk/money/mortgageshome/article-2082540/Wigan-2011-winner-house-price-gains-values-jump-5-6.html#ixzz1iaYAb0nD

    Wahey!:j
    Can't remember the last time we ever made it into a top ten list!:D
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Zoopla have access to the same data the land registry do. :)
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • MrRee_2
    MrRee_2 Posts: 2,393 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They are all crap-holes though .... so, obviously no-one wants to live there!!
    Bringing Happiness where there is Gloom!
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Bizzare, Gtr Manchester at the top and bottom :)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    StevieJ wrote: »
    Bizzare, Gtr Manchester at the top and bottom :)

    Just goes to show how local house price rises and falls can be.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • noodle_doodle
    noodle_doodle Posts: 375 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    "Scotland the winner regionally as prices soar 10%"

    woo-hoo! Kerching etc!

    though it is difficult to see how they went up 10% if the best performing places in scotland only shot up by about 4%, but let's not get all logical about it. They do say in the following table the increase was 6.37%. I think they're just chucking numbers about at that point, I'd blame the journo rather than zoopla.
  • Aberdeenangarse
    Aberdeenangarse Posts: 1,262 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    The list is wrong, it's not got dribley's beloved Maidstone on it :rotfl:
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