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Bubble Trouble
Bubble trouble By Erik Britton | 1 September 2014 Government policies have...

Some Signs Of Weakness In Building?
I'm working up the materials list for a (very) small extension behind my garage....

Consumer Borrowing Jumped In July, Says Bank Of England
    The amount of new money being borrowed by consumers soared to mo...

Finest Days Of Uk Recovery Could Be Over As Manufacturing Growth Sees Shock Drop
Per the Telegraph - some very good comments.   ...

I Like To Start The Week With A....200K Drop
^1783&maxDaysSinceAdded=3&radius=15.0&googleAnalyticsChannel=buying   30/08...

Two Million First-Time Buyers Frozen Out Of Home Ownership
Telegraph 31/8/14 'Almost two million first-time buyers have been blocked from o...

The Latest Cunning Plan To Keep House Prices High
They are throwing everything at keeping prices high ...

Britain’S Property Boom Roars Back To Life, Powered By London
Hopes prices levelling dashed as figures show renewed surge, largely driven by c...

Never Buy A Clifftop House #1121200012
  Maybe that's why she's touring?   Reminds of this place, which is f...

Laim Halligan On Duncan, After Osbrown
Here's the article:     Here's the pamphlet:   %20Osbrown%20-%20...

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Latest: House Price Crash News

Monday, Sep 1 2014 Add a News Blog Article

Build a prison for cheap houses

The Leader: Homeowners queueing up to leave near site of Wrexham 'super prison'

PEOPLE are queuing up to move out of an estate near the site of a planned 2,100 inmate prison, according to a resident.

Posted by mark @ 11:57 AM 1 Comments

Money Week analysis on ll the different house price surveys

Money Week: London's property market is looking wobbly - is it about to topple?

Matthew Partridge looks at how much longer London's house-price bubble has to go before it pops.

Posted by andrew.williams @ 10:21 AM 0 Comments

Reward Landlords for Improvements For Lending?

BBC: Rogue landlords: What is it like to live in a substandard home?

For the cynical, this looks like this could be a new balloon being launched..for subsidising BTL brigade, reward landlords for improving rental accommodation? Win-win...improved living environment for renters (should be good and liveable to start with by the way, and enforced already), free upgrades for the owner, rogue or otherwise? Printed money or Increased taxes to pay for it. Bubble maintained?

Posted by weta @ 02:00 PM 0 Comments

London house prices rose 3.28% in July!!

The Guardian: Britain’s property boom roars back to life, powered by London

I had to do the calculation myself. The Guardian and others WILL NOT print the exorbitant amount houses have risen in July. Annualised, this would be a 39% increase. Recent shocking immigration numbers could be behind the rise, as Europeans flee Draghi's promised Euro devaluation and seek relative economic growth and lower taxes in the UK.

Posted by libertas @ 08:28 PM 28 Comments

Some sensible ideas - hence they won't happen

FT: Six ways to cool the housing market

"The IMF said the UK house price to income ratio was 30 per cent above its long-term average; only in France, New Zealand, Australia, Canada and Belgium was the discrepancy higher. Relative to rents, the margin was even wider at 40 per cent. " This quote from the article questions the common belief that this country has a housing shortage.

Posted by letthemfall @ 11:16 AM 1 Comments

Has London's housing market just popped?

Wealth Manager: Has London's housing market just popped?

Will the London house price boom end in a bang or a whimper? Evidence was leaning toward the former this month as a series of indicators appeared to begin to describe the second leg of a parabola.

Posted by sample @ 11:05 AM 0 Comments

No way there will be a crash just before an election

Mindful Money: Shaun Richards: If UK house prices are peaking then what happens next?

... I note that we have passed the pre credit crunch peak for house prices at least according to the Nationwide. But real wages are of the order of 10% lower than they were then and nominal wages are only 8% higher than they were six years ago. If we project that rate of wage growth going forwards then we have a problem for future house prices do we not? Yet we know that UK governments are extraordinarily resistant to letting them fall for any sustained period. So what rabbit will the authorities pull out of their hat next?

Posted by quiet guy @ 11:35 PM 7 Comments

BTL mortgage affordability - how rental cover affects what you can borrow

Landlord Zone: BTL mortgage affordability - how rental cover affects what you can borrow

How mortgage lenders use rental income to assess buy to let affordability. It isn't quite as simple as one would expect!

Posted by amelia @ 04:05 PM 0 Comments

How much can you afford to borrow?

TurnKey Mortgages: The House buying process

Whether this is your first house buying experience or your thirty-first, it is perfectly normal to have a lot of questions and concerns. Even if you are downsizing, this is still a huge investment and one you should enter into armed with as much information as possible.

Posted by amelia @ 03:11 PM 0 Comments

Nice chart showing artificially high demand and change in demand (%mom)

Hometrack: Survey reveals house price plateau on weaker demand

Proof that the shortage of houses for sale is cause by speculators rather than a physical housing shortage. Demand for housing has increased by 23% in the eight months to August, on a par with growth over 2013. However, compared to 2013, when demand continued to grow month on month over the year, there has been a clear slowdown in the latest three months of 2014. Leading London and the South East are registering an increase in the time on the market which is most marked in London. This forward indicator is showing that the market is about to go into full retard.

Posted by khards @ 09:11 AM 0 Comments

View More News Posts >>

House Price Statistics - UK National

Source website Period covered Average
house price
Monthly change
(%)
Annual change
(%)
Archive /Graph Peak average
house price
Change since
peak (%)
Official releases
Communities and Local Government House Price Index May 14 £262,000 N/A 10.50 TickThis monthN/A15/07/2014
LSL Property Services/Acadametrics Jun 14 £268,637 0.70 9.60 CrossThis monthN/A11/07/2014 (PDF)
Halifax House Price Index Jun 14 £183,462 0.60 8.80 Tick£199,770
(Aug 07)
8.1609/07/2014 (PDF)
Home.co.uk (England and Wales) Jul 14 N/A 0.57 9.56 Cross N/A N/A 15/07/2014 (PDF)
Hometrack - Monthly National Survey Jul 14 N/A 0.10 0.00 Cross N/A N/A 25/07/2014
Land Registry Monthly Report Jun 14 £172,011 0.00 6.40 Tick£186,045
(Jan 08)
7.5428/07/2014 (PDF)
Nationwide House Price Index Jul 14 £188,949 0.10 10.60 TickThis monthN/A31/07/2014 (PDF)
Rightmove House Price Index Jul 14 £270,159 0.80 6.50 Tick£272,275
(Jun 14)
0.7821/07/2014 (PDF)

House Price Statistics - Greater London

Source website Period covered Average
house price
Monthly
change (%)
Quarterly
change (%)
Annual change
(%)
Archive /Graph Peak average
house price
Change since
peak (%)
Official releases
Communities and Local Government House Price Index May 14 £492,000 N/A N/A 20.10 TickThis monthN/A15/07/2014
Halifax House Price Index Q2 14 £330,315 N/A N/A 15.90 CrossThis quarterN/A04/07/2014 (PDF)
Land Registry Monthly Report Jun 14 £437,608 0.10 N/A 16.40 Tick£439,719
(May 14)
0.4828/07/2014 (PDF)
Nationwide House Price Index Q2 14 £400,404 N/A 7.60 25.80 CrossThis quarterN/A02/07/2014 (PDF)
Rightmove House Price Index Jul 14 £587,174 0.40 N/A 13.90 Tick£592,763
(May 14)
0.9421/07/2014 (PDF)

Archive of old house price surveys

House Price Predictions

If you have discovered other or revised predictions that you'd like added to this list then send an email to us with all the information for each column and also a link to a website that contains the information so that we can verify the data.

This table is now sorted by the date that the prediction was made.

Source website Analyst Photo Date prediction made Amount predicted Region Time Period Evidence Notes
RICSN/AN/ADec 2013 8%UK2014Tick
This growth is being driven by the acute imbalance between burgeoning buyer demand and sluggish supply with new instructions to estate agents close to stagnating.
RICSN/AN/ADec 2013 11%London2014Tick
It remains to be seen what impact the recently announced increase in capital gains tax for overseas vendors will have on the prime central London market.
National Housing FederationDavid OrrPhoto of David OrrDec 2013 35%UK2013-2020Tick
House prices will increase by another 35% by 2020, leaving a huge swathe of the population locked out of home ownership for life.
Knight FrankLiam BaileyN/AMar 2011 6%UK2012Tick
Knight FrankLiam BaileyN/AMar 2011 6%UK2011Tick
Knight FrankLiam BaileyN/AMar 2011 8.8%UK2013Tick
Knight FrankLiam BaileyN/AMar 2011 5.8%UK2014Tick
Knight FrankLiam BaileyN/AMar 2011 4.9%UK2015Tick
Jonathan DavisN/AOct 2010 40-50 % UK2007-2013Tick
New forecast set at Oct 10. Given historical reference, bank failures, credit restrictions and global economic recession.
IHS Global InsightHoward ArcherPhoto of Howard ArcherSep 2010 10%UK2010-2011Tick
We suspect that house prices could fall by around 10% between now and the end of 2011. Much will obviously depend on how well the economy holds up as the fiscal squeeze increasingly kicks in, mortgage availability and the amount of houses coming on to the market.
Jones Lang LaSalleJames ThomasPhoto of James ThomasAug 2010 3.9%UK2010Tick
"During the remainder of 2010, JLL expects a decline of 3.9 per cent on current price levels, reducing the value of the average UK property by £6,500."
CEBRN/AN/AAug 2010 4%UK2010Tick
"The Centre For Economics And Business Research (CEBR) said prices will increase 4 per cent this year and continue rising until 2014, mainly due to a shortage of homes in the UK and low interest rates."
NIESRN/AN/AJul 2010 8%UK2010-2015Tick
"The National Institute of Economic and Social Research (NIESR) claims that prices will fall, in real terms, by about eight per cent."
Capital Economics Ltd.N/AN/AJul 2010 23%UK2010-2012Tick
"UK house prices will fall through 2012 as the deepest public-spending cuts since World War II and tighter credit conditions deter potential buyers."
Knight FrankLiam BaileyN/ADec 2009 3%UK2010Tick
Knight Frank predicts that a continuing growth in unemployment, allied to wage freezes and tax rises, and a rise in average mortgage rates will force a number of sales which, in the absence of greater depth of demand, will see prices slipping back.
Jones Lang LaSalleJames ThomasPhoto of James ThomasSep 2009 7%UK2010Tick
Jones Lang LaSalle's latest UK Residential Market Forecast predicts this market revival is likely to be unsustainable and a fall in prices of -7% on average is likely during 2010.
CluttonsThomas GroundsN/AFeb 2009 9%UK2009Tick
Cluttons predict that house prices will fall by nine per cent this year and by 1.5 per cent next year, with a peak-to-trough decline of 24 per cent.
CluttonsThomas GroundsN/AFeb 2009 1.5%UK2010Tick
House prices will fall by nine per cent this year and by 1.5 per cent next year, with a peak-to-trough decline of 24 per cent
CluttonsThomas GroundsN/AFeb 2009 11%London2009Tick
In Central London, Cluttons predict that prices will fall by 11.0 per cent this year but will see a marginal growth of one per cent in 2010, putting the peak-to-trough decline at 29 per cent.
CluttonsThomas GroundsN/AFeb 2009 1%London2010Tick
In Central London, Cluttons predict that prices will fall by 11.0 per cent this year but will see a marginal growth of one per cent in 2010, putting the peak-to-trough decline at 29 per cent.
Market OracleAndrew ButterN/AJan 2009 33%UK2007-2012Tick
For Nationwide Index; updates forecast of 35% to 40% drop (peak to trough) done in Sept 07, reason now low long term interest rates will hold prices up until bottom in 2012.
Market OracleNadeem WalayatN/AJan 2009 36%UK2007-2011Tick
For Halifax Index updates; forecast of 15% drop for 08 done in August 07, bottom 2011.
IHS Global InsightHoward ArcherPhoto of Howard ArcherOct 2008 15%UK2009Tick
Global insight have further revised down their house price forecasts to show a fall of 15% in 2009.
NationwideGraham BealePhoto of Graham BealeSep 2008 25%UK2008-2010Tick
Nationwide CEO Graham Beale expects a 25% decline between 2008-2010 in UK housing market before any signs of a recovery.
Jonathan DavisN/ASep 2008 40-50 % UK2007-2011Tick
New forecast set at Sep 08. Given historical reference, global bank failures,credit restrictions and economic recession.
brightsale.co.ukJeremy HowardN/AAug 2008 0%UK2008-2009Tick
New research from BrightSale suggests that prices do not have much further to fall to bring them back to long-term equilibrium
Lloyds TSBEric DanielsPhoto of Eric DanielsJul 2008 5%UK2009Tick
Lloyds predict a further 5% fall for 2009 on top of their 10-15% fall prediction for 2008.
National Housing FederationDavid OrrPhoto of David OrrJul 2008 25%UK2008-2013Tick
National Housing Federation predicts that the average house price in England will rise by 25 per cent over the next five years to reach £274,700, despite fears of a housing market crash.
DeloitteRoger BootlePhoto of Roger BootleJul 2008 33%UK2008-2010Tick
Deloitte now expect UK house prices to fall by about a third by the end of 2010 with severe adverse effects on household spending and investment.
SavillsJeremy HelsbyN/AJul 2008 25%London2008-2009Tick
The chief executive of Savills forecast house prices in London to fall 25 per cent by the end of next year.
GMOJeremy GranthamN/AJul 2008 50%UKNot statedTick
Jeremy Grantham of GMO, the $126-bn US investment fund, notes that UK house prices "could easily decline 50% from the peak, and at that lower level they would still be higher than they were in 1997 as a multiple of income!"
Capital EconomicsRoger BootlePhoto of Roger BootleJun 2008 35%UK2008-2010Tick
Revised forecast: House prices may fall up to 35pc over the next three years, Capital Economics has warned, in one of the bleakest forecasts yet for the UK's property market.
Jones Lang LaSalleJames ThomasPhoto of James ThomasMay 2008 1-3 % UK2009Tick
Minor falls predicted for 2009.
Jones Lang LaSalleJames ThomasPhoto of James ThomasMay 2008 7-9 % UK2010-2013Tick
Jones Lang LaSalle expect slow growth from 2010-2013.
Morgan StanleyDavid MilesPhoto of David MilesMar 2008 20%UK2008-2009Tick
David Miles, chief UK economist at Morgan Stanley predicts that house prices will fall by up to 20% over the next two years.
Numis SecuritiesJames HamiltonN/AMar 2008 30%UKNot statedTick
James states that "UK property prices remain 44% over valued we expect them to go to a discount to fair value." (44% over-valuation would result in a 30.55% price drop)
Boom Bust Fred HarrisonPhoto of Fred HarrisonJan 2008 30%UK2008-2012Tick
Fred Harrison predicted a drop of 20% in his book Boom Bust (2005) but he now believes the drop will be around 30%.
London School of EconomicsJohn Van ReenenPhoto of John Van ReenenJan 2008 20%UK2008-2009Tick
John Van Reenen, expected prices to fall 20% before bouncing back but he doesn't state a time period for this prediction.
London School of EconomicsWillem BuiterN/AJan 2008 30%UK2008-2009Tick
Mr Buiter says that on average, lower house prices don't make UK consumers worse off. They lose as owners but gain as renters.
Gordon is a MoronDr Vernon ColemanPhoto of Dr Vernon ColemanAug 2007 50%UKNot statedTick
Dr Vernon Coleman Predicts a 50% House Price Crash in his book "Gordon is a moron".

Predictions archive