Archive for November, 2013

Average House Prices in 2013

Average House Prices in 2013

The recent rises in house prices across the UK alongside the likelihood of continued growth have given rise to fears that the country is facing another housing bubble. According to the Office for National Statistics (ONS) the average house price in 2013 in the UK is now £247,000, the highest figure since the index was first calculated in 1968. Overall, prices across the UK rose by 3.8% in the year to August 2013, up from 3.3% in July.

However, there are huge ...

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What’s the average house price increase over the last 20 years in the UK?

What’s the average house price increase over the last 20 years in the UK?

In the UK, we are just as obsessed with talking about house prices as we are with talking about the weather! And no wonder, the UK is unusual to the rest of Europe in that we tend to buy our homes rather than rent them. So, house prices are a huge talking point.

On the one hand, when prices go up, for those homeowners sitting on a nice bit of equity, it is great news. On the other, for people looking ...

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Prices in Belgravia increase by 10 and 15% year on year

Prices in Belgravia increase by 10 and 15% year on year

Thanks to Best Gapp,  an estate agents in Belgravia for this article.

Since the crash of 2008 we have seen a shortage of stock in the sales market across the central London region, this has been driven by a fear of the unknown and low interest rates, which has meant that people do not have to sell.  In Belgravia, a square mile of the central London market where there is a ready mix of flats and houses the shortage ...

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