What is happening to London house prices? With all the conflicting news and HPI indices it's hard to know what is actually happening to house prices in the capital. For a more detailed analysis of the central London property market, Lonres, whose data is provided by working professionals in the area,
London borough house prices increased across the capital's 33 boroughs, over the year to November 2021 with the exception of 5. Demonstrating there’s life in the old dog yet. Unsurprisingly, due to the current zeitgeist for more space, detached houses were popular, increasing, on average 13.5% over the year. Apartments that
The pandemic made people realise their 5 year plan early. To move out and gain more space. People assumed life had changed forever post Covid. In reality the new norm isn’t that different from before. Meaning some may realise they moved before their time. The assumption the office is a prehistoric
Buyers and sellers embroiled in bidding wars, chains and negotiations know all too well how overheated the UK property market has been over the past year. So the revelation that the average house price had gone up 1.8% since February, making the average property value in England £274,615, hardly caused
Bidding wars are rife as demand outstrips supply in the housing market but will all sales have been worth the battle?
The seesaw battle between supply and demand is long fought, but currently the UK housing market is buckling under the strain, desperate for reinforcements, as supply struggles to keep up. Last week saw Savills adjust their property forecast with an upward trajectory predicting Average UK house prices to rise +4 pc