warrior88 Report post Posted June 13, 2018 Any guesses on London Average? March was £472K. Quote Share this post Link to post Share on other sites
Simhadri Report post Posted June 13, 2018 My guess £465k Quote Share this post Link to post Share on other sites
Lavalas Report post Posted June 13, 2018 Forecast is +4.4% so don’t get too excited. Quote Share this post Link to post Share on other sites
warrior88 Report post Posted June 13, 2018 My guess would be £469K for London Quote Share this post Link to post Share on other sites
FabulousSophie Report post Posted June 13, 2018 Prices for England up 1.2% month on month. Quote Share this post Link to post Share on other sites
Jabbabhoy Report post Posted June 13, 2018 When it is released please can someone post a link, thank you Quote Share this post Link to post Share on other sites
TheCountOfNowhere Report post Posted June 13, 2018 24 minutes ago, Lavalas said: Forecast is +4.4% so don’t get too excited. Up Up Up. Always up. Quick maths. Quote Share this post Link to post Share on other sites
FabulousSophie Report post Posted June 13, 2018 All up. https://www.gov.uk/government/publications/uk-house-price-index-summary-april-2018/uk-house-price-index-summary-april-2018 Quote Share this post Link to post Share on other sites
warrior88 Report post Posted June 13, 2018 Extract: On a regional basis, London continued to be the region with the highest average house price at £485,000, followed by the South East and the East of England, which stood at £325,000 and £286,000 respectively. The lowest average price continued to be in the North East at £130,000. Quote Share this post Link to post Share on other sites
Jabbabhoy Report post Posted June 13, 2018 cheers guys, does anyone have the breakdown report of London boroughs? Quote Share this post Link to post Share on other sites
FabulousSophie Report post Posted June 13, 2018 Even London was up quite significantly at 2.4% month on month. Quote Share this post Link to post Share on other sites
warrior88 Report post Posted June 13, 2018 Its quite interesting. I am seeing falls in flat prices throughout zone 1/2. House prices currently deflating only in zone 1 not much impact in zone 2 but it would be interesting how it plays out. Quote Share this post Link to post Share on other sites
hurlerontheditch Report post Posted June 13, 2018 the only way is up Quote Share this post Link to post Share on other sites
Sperm Donor Report post Posted June 13, 2018 What a fakin country. Roll on the summer holidays and autumn and a reversal of these numbers. Shirley all the new builds are pushing up average prices? Quote Share this post Link to post Share on other sites
FabulousSophie Report post Posted June 13, 2018 Well at least the BoE cannot use falling house prices as an excuse not to raise interest rates. But I suppose they will probably instead see fear of falling house prices as a reason not to raise. Quote Share this post Link to post Share on other sites
darkmarket Report post Posted June 13, 2018 https://www.gov.uk/government/publications/uk-house-price-index-summary-april-2018/uk-house-price-index-summary-april-2018 Not what I was expecting, not at all the sense I have from a fairly broad overview across the main UK cities. Most Rightmove London listings now are reductions. Word of mouth is absolutely out of the bag, as seen on facebook, mumsnet and moneysavingexpert. I'll take this with a big pinch of salt and bearing in mind the long delay implicit in their methodology. Quote Share this post Link to post Share on other sites
TheCountOfNowhere Report post Posted June 13, 2018 Up Up Up....to the moon....and back Quote Share this post Link to post Share on other sites
rantnrave Report post Posted June 13, 2018 Falling prices of London flats being highlighted by BBC (!) There's a snazzy graph here if someone has time to upload it: https://www.bbc.co.uk/news/live/business-44444661 Quote Share this post Link to post Share on other sites
hurlerontheditch Report post Posted June 13, 2018 I expect there to be some angry posts to follow ! Quote Share this post Link to post Share on other sites
TheCountOfNowhere Report post Posted June 13, 2018 10 minutes ago, darkmarket said: Word of mouth is absolutely out of the bag, as seen on facebook, mumsnet and moneysavingexpert. Funniest thing i've ever read. Quote Share this post Link to post Share on other sites
TheCountOfNowhere Report post Posted June 13, 2018 Go one....what did they revise the last figure by ? Quote Share this post Link to post Share on other sites
Bruce Banner Report post Posted June 13, 2018 1 minute ago, hurlerontheditch said: I expect there to be some angry posts to follow ! Another pointless troll post . Quote Share this post Link to post Share on other sites
GettingBored Report post Posted June 13, 2018 Damn, I was expecting a fall. I think we could end up seeing a larger than expected disparity between these figures and the Halifax/Nationwide ones. Round my way the only stuff selling seems to be the top end properties, and I presume a lot of them are cash buyers. Quote Share this post Link to post Share on other sites
darkmarket Report post Posted June 13, 2018 2 minutes ago, TheCountOfNowhere said: Funniest thing i've ever read. Word of mouth is part of irrational exuberance on the way up and down, and social media is perfect for sentiment analysis. Quote Share this post Link to post Share on other sites
FabulousSophie Report post Posted June 13, 2018 13 minutes ago, darkmarket said: https://www.gov.uk/government/publications/uk-house-price-index-summary-april-2018/uk-house-price-index-summary-april-2018 Not what I was expecting, not at all the sense I have from a fairly broad overview across the main UK cities. Most Rightmove London listings now are reductions. Word of mouth is absolutely out of the bag, as seen on facebook, mumsnet and moneysavingexpert. I'll take this with a big pinch of salt and bearing in mind the long delay implicit in their methodology. When given conflicting information 1. Anecdotally prices are down 2. Land Registry says prices are up, which will sellers want/choose to believe? Quote Share this post Link to post Share on other sites
