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Some London boroughs see £230,000 wiped off the average house price

Just six London boroughs managed to register an increase in house prices in 2023, while the rest faced a drop, especially in the prime market, research reveals.
A new report by Benham and Reeves, based on the latest data from the Land Registry

Home sellers and buyers return to the market – Zoopla

Lower mortgage rates and a backlog of demand from the last six months of 2023, which has continued into February, has seen the UK’s housing market begin the year with strong momentum, Zoopla reveals.
The property platform says there is 11% more b…

Housing market is showing signs of recovery as prices and sales edge up

The UK’s housing market is showing signs of recovery, with prices rising slightly and sales surging, according to a report by Rightmove.
The property website said that the average asking price for a new seller increased by 0.9% (+£3,091) this mon…

Property market ended 2023 on a positive note

The UK’s housing market showed signs of recovery in December 2023, as house price falls slowed down and new-build values soared, according to the latest data from the Office for National Statistics (ONS).
The ONS reports that the average house pr…

Mixed signals in property market as signs of recovery emerge

Annual house prices in England and Wales fell slightly in January, according to the latest e.surv house price index.
However, according to the data monthly house prices have seen a small increase.
E.surv says average house prices in England &

UK housing market continues to improve but rent growth slows

The UK housing market showed further signs of recovery in January 2024, according to the latest survey by the Royal Institution of Chartered Surveyors (RICS).
The survey, which covers various aspects of the residential market, revealed that all key ind…

UK house prices hit 12-month high in January

UK house prices rose by 2.5% year-on-year in January, the highest annual growth rate since January 2023, according to Halifax.
The lender’s house price index reveals that the average house price last month was £291,029, up by £3,924 or 1.3% from …

First-time buyers take the lead as house prices set to dip

House prices in England and Wales look set to fall by 3.6% during the first quarter of 2024, according to new data.
The comparison website Reallymoving reveals property prices will fall from £323,594 in  2023 to £311,936 in the first quarter of 2024.

UK house prices bounce back as mortgage rates fall

The UK housing market showed signs of recovery in January, as the annual rate of house price growth improved from -1.8% in December to -0.2% in January, the strongest performance since January 2023.
According to the Nationwide house price index

House price slump threatens homeowners with negative equity and mortgage woes

Homeowners could be in for a rough ride as UK house prices are expected to fall 5.9% this year, according to the latest Hargreaves Lansdown Savings and Resilience Barometer.
The report warns that falling prices could push many homeowners into negative…

Scotland’s property boom as the pandemic pushes prices up by £43k

Scotland has seen an extraordinary surge in property prices since the pandemic, with average values rising by £43,381 in less than four years, according to a leading estate agency.
DJ Alexander Ltd has analysed the latest data and found that between Ma…

House sellers made £100k profit in 2023 despite price dip

House sellers in the UK pocketed an average of £100,000 more than they spent on their property in 2023, according to new research by Hamptons.
The estate agency said that 93% of sellers in England and Wales made a profit on their home last year

UK house prices plunge at the fastest pace in 13 years

The UK property market saw the average house price drop by 2.1% in the year to November, data from the Office for National Statistics (ONS) reveals.
This was the third month in a row that house prices declined

Region with the best house price growth in Britain revealed

One region has outperformed all other regions of Britain in terms of house price growth since the Bank of England began to hike interest rates in December 2021, a study reveals.
According to GetAgent.co.uk, it used seasonal adjustment to measure the tr…

New home sellers boost UK property market with price rise

The UK’s property market has seen a surge of new sellers and buyers entering the market in January to boost prices by more than double the 20-year average of +0.6%, Rightmove says.
The property platform adds that the average price of property lis…

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