Land Registry, house prices down 1.3% in 2011.

shortchanged_2

http://www.bbc.co.uk/news/business-16786197

It is what it says really. However I suppose with London showing increases it is giving the impression that falls throughout the rest of the England and Wales aren't as low as they actually are with some regions showing significant falls in prices.

I would actually like to see an average for the rest of the UK without London to see what the figure would be.

Jimmy_31

shortchanged wrote: »

http://www.bbc.co.uk/news/business-16786197

It is what it says really. However I suppose with London showing increases it is giving the impression that falls throughout the rest of the England and Wales aren't as low as they actually are with some regions showing significant falls in prices.

I would actually like to see an average for the rest of the UK without London to see what the figure would be.

Liverpool down 10%

CRASH_BANG_WALLOP

the dudes on the street can see the true picture. prices falling all around them. luckily man the vast majority of the dudes are immune from the pollution spouted by a few sockies on here.

people just need to open their eyes to real picture.its out there! thankfully these dudes are doing just that. i await the sockies with their silly responses man its only a matter of time

ukcarper

shortchanged wrote: »

http://www.bbc.co.uk/news/business-16786197

It is what it says really. However I suppose with London showing increases it is giving the impression that falls throughout the rest of the England and Wales aren't as low as they actually are with some regions showing significant falls in prices.

I would actually like to see an average for the rest of the UK without London to see what the figure would be.

If you take out London and the North East then it would look likes it’s would be somewhere between -0.2% and –3.4% so probably not that much more than the –1.3%

wotsthat

shortchanged wrote: »

I would actually like to see an average for the rest of the UK without London to see what the figure would be.

London was about 17% of transactions in 2011. If London is stripped out of the figures then that -1.3% would look to be about -2%.

FTBFun

1.8% increase in my borough. I'm happy with that - worst case scenario is that my flat has held its value.

Graham_Devon

Dunno what prices have done in my area yet. But I hope my house has gone up in value. I'll be able to have a Tesco Finest Mousaka tonight instea of the tesco standard.

FTBFun

Graham_Devon wrote: »

Dunno what prices have done in my area yet. But I hope my house has gone up in value. I'll be able to have a Tesco Finest Mousaka tonight instea of the tesco standard.

You have to celebrate these things somehow.

Jimmy_31

FTBFun wrote: »

You have to celebrate these things somehow.

Well said.

I moonwalked past the estate agents window whilst giggling like a little girl:)

wotsthat

Graham_Devon wrote: »

Dunno what prices have done in my area yet. But I hope my house has gone up in value. I'll be able to have a Tesco Finest Mousaka tonight instea of the tesco standard.

Bad news - South West prices down.

Have you got an Aldi nearby?

pbouk

Where i live is down 29% since the peak price!:j
in no rush to buy though, as i know they will be falling further by the end of the year.:beer: