Latest: House Price Crash News

Thursday, Nov 15 2018 Add a News Blog Article

Wilsons threaten to sell up (again)

Kent Online: Property tycoon Judith Wilson, wife of Fergus Wilson, must reveal wealth

The Wilsons failed to comply with a court order requiring them to fix a disabled tenant's boiler. Judith must now reveal her financial situation so that the court can impose a (potentially unlimited) fine. It is so Judge Barron can get a better picture of her wealth before sentencing – including assets, banked money and joint accounts. The ruling will “accelerate the rate” tenants are evicted as the couple look to sell up their housing empire, Mr Wilson said. "It means we will be selling more properties," he said. "We were selling up anyway because of our age - I could drop dead tomorrow. “We won’t put all the homes on the market at once because that would mean house prices will drop.”

Posted by little professor @ 03:06 PM 7 Comments

Is Stockman right?

Torygraph: Correction-stock-markets-getting-serious-way-go-yet

For all the talk of a correction, you have to wonder if Stockman is right and there is a "doozy" of a yield shock on the way that is going to push rates up to 5%, inevitably the UK would have to follow to some extent. Carney seems to be boiling the frog devaluing the pound but can he ignore? Certainly interesting times particularly if you have been convinced it all ends in tears for a decade....Deutsche bank on the brink, Italian government IOUs seem to be the Italian banks entire capital base, foreign holdings of US treasuries going down. Do we find, in the end, that the banks have once more lost the lot.

Posted by stillthinking @ 02:37 AM 9 Comments

LSL Acadata / Your Move misleading statistics only partly obscure falling prices in SE and London

The independent: UK house price growth slows again as number of sales plummets

Claims that in London prices are up 3.9% year on year. but this is driven by a handful of sales in the City. The median london borough is down 2.2% year on year, as they well know. They even publish a median series that you have to pay for. nonetheless, in their (average i.e. mean) time series the southeast is down -0.1% year on year.

Posted by nickb @ 01:23 PM 0 Comments

Interesting Figures

Moneywise: Average house is worth £114,000 more than its rebuild cost

I had been wondering what the figures are for a long time. It gives an idea of the cost of building a house once land has been obtained and planning permission given. Of course the rebuilding cost wouldn't include things like building a road in front of the house but might have extras like clearing the site.

Posted by tenyearstogetmymoneyback @ 08:13 PM 0 Comments

Taxes on buy-to-let landlords have not pushed up rents, study says

Guardian: Vindication on rents not being driven by costs

"Warnings by landlords that taxes on buy-to-let would cripple the property market, driving down supply and pushing up rents, have turned out to be entirely hollow, according to research by campaign group Generation Rent." So satisfying to be proved right. Although of course the long threatened rent rises are always around the corner though! Hopefully this evidence will be noticed by TBTP and recurring taxes on property (second best to land only) can be considered as first choice for rasing much needed revenue

Posted by mombers @ 08:38 AM 2 Comments

Back to the Dickensian era

The Guardian: Shoebox Britain: how shrinking homes are affecting our health and happiness

The slicing and dicing of housing is redefining the idea of home. Those forced to live in ever smaller spaces describe how this changes their lives

Posted by novice pete @ 11:38 PM 2 Comments

News about drops when no one is posting

Moneywise: House Prices drop by £4000 average in one month

I always predicted that the slump (crash is what happens in more liquid markets) will happen when everyone has dismissed the possibility.

Posted by tenyearstogetmymoneyback @ 08:55 PM 0 Comments

View More News Posts >>

Real House Prices

real house price trend graph

House Price Crash Forum

Latest Topics

Brexit What Happens Next Thread ---multiple merged threads.
Hmmm. No. How about modifying the system into one that works better for soc...

Brexit What Happens Next Thread ---multiple merged threads.
I am on about a cowardly exchange of liberty for temporary safety. I am say...

Brexit What Happens Next Thread ---multiple merged threads.
Interesting polls: New @skydata poll: Of the three Brexit outcomes Theres...

Brexit What Happens Next Thread ---multiple merged threads.
https://yougov.co.uk/topics/politics/articles-reports/2018/11/15/britain-does-no...

On the edge of a financial crash?
Tesla always reminds me of something I once saw, years ago, written about a bicy...

Visit Housepricecrash forum >>

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
LSL Property Services & Acadametrics (England and Wales) Jun 18 £303,960 0.20 2.10 Cross£305,654
(May 18)
0.5516/07/2018 (PDF)
Halifax House Price Index Jun 18 £225,654 0.30 1.80 Tick£227,871
(Mar 18)
0.9706/07/2018 (PDF)
Home.co.uk (England and Wales) Jul 18 £310,577 0.10 1.30 Cross N/A N/A 12/07/2018 (PDF)
Hometrack - Monthly National Survey May 18 £217,400 0.00 4.30 Cross N/A N/A 29/06/2018
Land Registry Monthly Report Apr 18 £226,906 1.20 3.90 TickThis monthN/A13/06/2018 (PDF)
Nationwide House Price Index Jun 18 £215,444 0.50 2.00 TickThis monthN/A01/06/2018 (PDF)
Rightmove House Price Index July 18 £309,191 0.10 1.40 Tick£317,281
(May 17)
2.5516/07/2018 (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
Land Registry Monthly Report Apr 18 £484,584 2.40 N/A 1.00 Tick£530,409
(Jan 16)
8.6413/06/2018 (PDF)
Nationwide House Price Index Q2 18 £468,845 N/A 2.30 1.90 Cross£478,782
(Q1 17)
2.0801/06/2018 (PDF)
Rightmove House Price Index July 18 £628,458 0.50 N/A 1.70 Tick£649,864
(May 17)
3.2916/07/2018 (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
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.

Predictions archive