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When Ripping Tenants Off Isn't Enough
  A MANAGER who fraudulently stole £375,000 from a letting busin...

House Prices Falling In A Third Of The Country Sparking Fears Of A Nationwide Slowdown
    A third of postcodes saw property prices fall in three months to...

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    Senior workers in London's financial services sector are expecti...

South Korea Cuts 2015 Growth Forecast, Warns On External Risks
    South Korea lowered its growth forecast and said it will revise ...

How A 2% Inflation Target Became Global Economic Gospel
    Sometimes, decisions that shape the world’s economic futur...

Uk's Most Desirable Place
  Hart is  UK's most desirable place   1 Hart, Hampshire 2 Elm...

British Buyers Pile Into Dubai As Prices Slide.what 2008?
Telegraph 20.12.14 'British investors are piling back into Dubai’s proper...

Is Lockhead's Skunk Works Secret Fusion Reactor The True Reason Why Oil Country's Are Dumping Oil?
Rumours are awash that the Oil Countries have got wind of the potential of Lockh...

The Collapse Of The English Squirrel Thread
Just to keep things balanced. Of course, the difference between us and the Russi...

Us Investors Set To Sell New Era Estate In London After Protests
  Just shows what protest can do if taken seriously (and whatever you thin...

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Latest: House Price Crash News

Monday, Dec 22 2014 Add a News Blog Article

Signs of a stamp duty boom?

Mail: House prices falling in a THIRD of the country sparking fears of a nationwide slowdown

A third of postcodes saw property prices fall in three months to November Slowdown hitting parts of London despite 17% price rise across the capital A quarter of capital’s post codes areas are now experiencing falling prices

Posted by hpwatcher @ 12:05 PM 2 Comments

Down, down, down?

CITY AM: London housing market slower than rest of UK

HOUSING market activity in London is now lagging behind the rest of the country, new figures reveal today. In the three months to September, the number of transactions in Eng­land and Wales was 15.4 per cent higher than the same period last year, according to LSL property services.

Posted by hpwatcher @ 09:29 AM 1 Comments

London property is dead, hail the new London property market!

Emoov: Property Hotspots Index Q3 2014 - Enfield now number four for demand

Here is the full link to the survey. Enfield is number four and I bet that east of the A10 is right up at the top. A place where you can still get a studio flat for just over £130k, and a three bed family home for a little over £250k. The Borough joins London Overground network in May this year, with visible links on the main tube map to Hackney, Liverpool Street and also the Victoria Line via Seven Sisters. Families huddled into Hackney flats will flood out into the leafy suburbs of Enfield. Hillingdon, Lewisham and Harrow are seeing the same trend, but the new rail improvements to Enfield, finally putting it on the tube map, will sent the Borough to pole position by this summer. It will catch up a bit with Hackney if Crossrail 2 or four tracking of the Lea Valley line is approved.

Posted by libertas @ 09:03 AM 11 Comments

Central london market is dead

Telegraph: Londons most unpopular borough

Wouldn't bet against a Tokyo style collapse in prices but either way feels like something nasty is Going to happen and that's before rates rise

Posted by taffee @ 05:08 AM 2 Comments

Subdued

Guardian: UK property boom fades as pace of house price growth fizzles out

No sign of a crash but a welcome break from the usual price pumping: Property markets in Edinburgh and Glasgow experienced a post-referendum bounce, according to new research, as the ending of uncertainty over Scottish independence helped the two cities record the fastest price rises in the UK over the past three months. But in other parts of the UK there were further signs that the boom of the first half of the year had fizzled out, the data from property firm Hometrack showed. Prices in former hotspots Aberdeen and Cambridge fell over the three months and in London they rose only 0.5%."

Posted by quiet guy @ 03:15 PM 3 Comments

Can you hear the awful noise of pigs at the trough?

Torygraph: Flood insurance scheme is expanded to include riverside mansions

"Flood Re, the scheme which aims to deliver affordable insurance for flood-prone properties, will also cover the most expensive homes, the Government has confirmed" I'm so pleased that the gvmt is helping these poor souls... Excellent use of taxpayer money.

Posted by mombers @ 09:29 AM 11 Comments

Latest CML figures

BBC: Mortgage lending dip continues, says CML

"Gross lending totalled £16.9bn in November, down 9% from October, the Council of Mortgage Lenders (CML) said". "It added that a "gentle trajectory" for the mortgage market would "calm" any concerns over the effect of a housing boom on the UK economy in general".

Posted by alan @ 06:30 PM 1 Comments

Perfect storm?

Yahoo FINANCE: 4 Reasons Why House Prices Are Set To Plunge Next Year

House prices in the UK may fall significantly in 2015. Here’s why.

Posted by hpwatcher @ 01:30 PM 12 Comments

Oil glut wont last long

BBC: North Sea oil industry 'close to collapse'

It's almost impossible to make money at these oil prices", Mr Allan, who is a director of Premier Oil in addition to chairing Brindex, told the BBC. It's a huge crisis. This has happened before, and the industry adapts, but the adaptation is one of slashing people, slashing projects and reducing costs wherever possible, and that's painful for our staff, painful for companies and painful for the country.

Posted by mountain goat @ 12:33 PM 3 Comments

The Next Election will Impact House Prices Going Forward

Guardian: Labour opens up five-point poll lead over Tories

House Prices in a year's time will be decisively affected by the May election. It's coming closer. My removals friend said volumes of house moves are up in our area for December. A Mansion Tax then in 2015?

Posted by alan @ 09:46 PM 11 Comments

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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