Posts Tagged ‘house prices’

Property owners in the main Olympic borough have yet to see a tangible benefit in terms of an Olympic ‘house price legacy’.

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London has hit another all-time high asking price this month.

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The average asking price of property coming to the market remains virtually unchanged at £243,759, up just £22 (+0%) on last month.

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The overwhelming view is that property prices will be the same or higher in a years’ time.

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Half of those intending to buy in the next 12 months state that finding a suitable property to buy is their single biggest concern.

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There is evidence that house price confidence is steered by their interpretation of mortgage availability.

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More than a third of respondents (35%) expect house prices to be higher one year from now.

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Use our infographic to find out what’s happening in your part of the country…

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For £6.5 million you would expect to get a whole lot of bricks and mortar for your money… and you’d be right!

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House prices in Wales fell -0.8% over the last month despite the national UK average asking price rising by 2.8% over the same period. The average asking price for a property in Wales now stands at £165,597.

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The Rightmove House Price Index for October 2011 reveals that the average asking price for a property in the UK increased by 2.8% over the past month to leave the average asking price for a UK property now at £239,672.

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New sellers’ asking prices in August dropped by 2.1% over the past month, a year-on-year fall of 0.3%, to leave the average asking price for a property in the UK at £231,543.

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