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Realistbear

Dunbartonshire Property Drops 7.4% In One Quarter

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http://icdunbartonshire.icnetwork.co.uk/th...-name_page.html

Two per cent rise in property
Aug 24 2006
THE average cost of a house in West Dunbartonshire has gone up two per cent from last year —
but decreased by 7.4 per cent in the last quarter.
According to recently-released figures, accommodation in the area now costs an average of £88,299.
This is the third cheapest average in Scotland, behind only Shetland and the Inner Hebrides.
Edinburgh is the most expensive at an average of £176,526, followed by East Renfrewshire and East Dunbartonshire.

Gordon better create some more jobs in his homeland--QUICK! 7.4% down in 90 days is crash speed. :o

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http://icdunbartonshire.icnetwork.co.uk/th...-name_page.html

Two per cent rise in property
Aug 24 2006
THE average cost of a house in West Dunbartonshire has gone up two per cent from last year —
but decreased by 7.4 per cent in the last quarter.
According to recently-released figures, accommodation in the area now costs an average of £88,299.
This is the third cheapest average in Scotland, behind only Shetland and the Inner Hebrides.
Edinburgh is the most expensive at an average of £176,526, followed by East Renfrewshire and East Dunbartonshire.

Gordon better create some more jobs in his homeland--QUICK! 7.4% down in 90 days is crash speed. :o

This stuff has been hidden on the BBC for a bit now.

http://news.bbc.co.uk/1/shared/spl/hi/in_d...ml/region12.stm

Fife (where Mr Brown probably has a house) was down 5% in the last quarter. East Ayshire and Orkney both down 10%

in fact 21 out of 30 areas fell in the last quarter - some have an annual fall too.

Though having said that I dont know where this data is from.

This page claims that West Dunartonshire fell 5% in the past year - funny the BBC are not reporting it? have they ever reported on an area falling recently?

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Right! A lot of areas in Scotland look like they are at full crash speed last Q:

East Renfrewshire

168,132 QUARTER: -8.8% YEAR-OVER-YEAR: -5.2% N/A

East Dunbartonshire

160,331 -8.6% -1.5% N/A

East Lothian

152,826 -7.5% 4.4% N/A

Stirling

144,367 -4.0% -0.1% N/A

Midlothian

134,238 -0.5% 13.4% N/A

Scottish Borders

130,622 -7.9% 9.8% N/A

Aberdeenshire

127,195 -3.4% 4.4% N/A

Highland

125,711 -3.4% 16% N/A

Glasgow City

124,370 -0.6% 7.3% N/A

Argyll And Bute

119,923 -5.9% 6.5% N/A

Moray

101,031 Q:-6.1% YoY: 9.7% N/A

Clackmannanshire

100,282 -6.8% 9.2% N/A

North Ayrshire

98,127 -1.9% 13.1% N/A

North Lanarkshire

96,363 1.7% 9.8% N/A

East Ayrshire

92,883 -10.3% 12.1% N/A

Orkney Islands

88,463 -10.3% -3.5% N/A

West Dunbartonshire

88,299 -7.4% 2% N/A

Shetland Islands

83,663 4.4% 11.6% N/A

Eilean Siar

75,640 -8.2% -2.2% N/A

Edited by Realistbear

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Right! A lot of areas in Scotland look like they are at full crash speed last Q:

East Renfrewshire

168,132 QUARTER: -8.8% YEAR-OVER-YEAR: -5.2% N/A

East Dunbartonshire

160,331 -8.6% -1.5% N/A

East Lothian

152,826 -7.5% 4.4% N/A

Stirling

144,367 -4.0% -0.1% N/A

Midlothian

134,238 -0.5% 13.4% N/A

Scottish Borders

130,622 -7.9% 9.8% N/A

Aberdeenshire

127,195 -3.4% 4.4% N/A

Highland

125,711 -3.4% 16% N/A

Glasgow City

124,370 -0.6% 7.3% N/A

Argyll And Bute

119,923 -5.9% 6.5% N/A

Moray

101,031 Q:-6.1% YoY: 9.7% N/A

Clackmannanshire

100,282 -6.8% 9.2% N/A

North Ayrshire

98,127 -1.9% 13.1% N/A

North Lanarkshire

96,363 1.7% 9.8% N/A

East Ayrshire

92,883 -10.3% 12.1% N/A

Orkney Islands

88,463 -10.3% -3.5% N/A

West Dunbartonshire

88,299 -7.4% 2% N/A

Shetland Islands

83,663 4.4% 11.6% N/A

Eilean Siar

75,640 -8.2% -2.2% N/A

A lot of new builds in towns around Bonnybridge are being sold on the cheap as they have a problem with mould spores from the local distilliries discolouring houses and causing health problems to those with allergies / asthma etc. Each time I go up to Scotland I see vast swathes of new houses being built in unsuitable places, the best example is my home town where they have diverted a small river and built a huge concrete embankment to squeeze in a dozen or so wimpey kit homes within the green belt limits. A lot of these are badly built and the people that buy them do not know that their kids will have to travel 15 miles each day to go to a sub standard performance wise schoool in the next town as both the local Primary and Secondary have waiting lists of several years.

#scoobydoo#

:ph34r:

Edited by #scoobydoo#

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The BBC show prices for the previous quarter (jan - march) the last quarter figures should be out any day now.

Right, they are the most recent up to March. Scotland seems to be dropping a little faster than England with some real crash speed drops (Crash = 20% or more down in one year or more than 5% in a single Q)

Scotland

Registers of Scotland Executive Agency. All figures are simple averages based on all residential properties between £20,000 and £1,000,000 recorded in the four quarters of each year.

Figures for Scotland are for the period January to March 2006.

The complete list for Scotland:

Edinburgh, City Of

176,526 QUARTER: 1.1% YEAR-OVER-YEAR: 4.7% N/A

East Renfrewshire

168,132 -8.8% -5.2% N/A

East Dunbartonshire

160,331 -8.6% -1.5% N/A

East Lothian

152,826 -7.5% 4.4% N/A

Stirling

144,367 -4.0% -0.1% N/A

Perth And Kinross

143,700 2.6% 9.3% N/A

South Ayrshire

141,168 8% 23% N/A

Midlothian

134,238 -0.5% 13.4% N/A

Scottish Borders

130,622 -7.9% 9.8% N/A

Aberdeenshire

127,195 -3.4% 4.4% N/A

Highland

125,711 -3.4% 16% N/A

Glasgow City

124,370 -0.6% 7.3% N/A

Argyll And Bute

119,923 -5.9% 6.5% N/A

West Lothian

119,177 3.9% 14.2% N/A

Angus

114,857 2.2% 12.9% N/A

Aberdeen City

114,621 -1.9% 10.7% N/A

Dumfries And Galloway

113,385 -6.2% 7.1% N/A

South Lanarkshire

113,196 -1.4% 6.1% N/A

Renfrewshire

111,333 1.3% 17.7% N/A

Inverclyde

111,157 2.8% 6.2% N/A

Fife

106,450 -5.0% 4.6% N/A

Falkirk

102,155 2.8% 10.8% N/A

Dundee City

101,685 4.9% 20.6% N/A

Moray

101,031 -6.1% 9.7% N/A

Clackmannanshire

100,282 -6.8% 9.2% N/A

North Ayrshire

98,127 -1.9% 13.1% N/A

North Lanarkshire

96,363 1.7% 9.8% N/A

East Ayrshire

92,883 -10.3% 12.1% N/A

Orkney Islands

88,463 -10.3% -3.5% N/A

West Dunbartonshire

88,299 -7.4% 2% N/A

Shetland Islands

83,663 4.4% 11.6% N/A

Eilean Siar

75,640 -8.2% -2.2% N/A

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Right, they are the most recent up to March. Scotland seems to be dropping a little faster than England with some real crash speed drops (Crash = 20% or more down in one year or more than 5% in a single Q)

Scotland

Registers of Scotland Executive Agency. All figures are simple averages based on all residential properties between £20,000 and £1,000,000 recorded in the four quarters of each year.

Figures for Scotland are for the period January to March 2006.

What I want to know is why this is not getting reported? :angry:

- prices dropping before the rate rise last month?! Scotland must be in shit already -Edinburgh is only propped up by the number of City types buying everything up.

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What I want to know is why this is not getting reported? :angry:

- prices dropping before the rate rise last month?! Scotland must be in shit already -Edinburgh is only propped up by the number of City types buying everything up.

To avoid a panic. If the average sheeple was aware of what is happening and, worse, what is to come, they would have their mortgaged-to-the-hilt property on the market in a flash.

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If this continues, the crash will be huge. Maybe above 50%.. The whole of the UK is gonna go down, BANG CRASH SPLAT BEARS RULE!!!!!!!!!!!!!!!!!!!!!

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What I want to know is why this is not getting reported? :angry:

- prices dropping before the rate rise last month?! Scotland must be in shit already -Edinburgh is only propped up by the number of City types buying everything up.

Lulu, It's probably because Q on Q figures are meaningless. If a particularly expensive house is sold 1 quarter, and not the next, the data will show wild swings. The sample size just isn't big enough to mean anything, and you certainly can't use it to identify a trend.

You could find Q on Q rises that "show" house prices are rising by 60% per annum, if you wanted to use the same methodology has RB has used here.

Don't confuse data with information.

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Lulu, It's probably because Q on Q figures are meaningless. If a particularly expensive house is sold 1 quarter, and not the next, the data will show wild swings. The sample size just isn't big enough to mean anything, and you certainly can't use it to identify a trend.

You could find Q on Q rises that "show" house prices are rising by 60% per annum, if you wanted to use the same methodology has RB has used here.

Don't confuse data with information.

Don't confuse data with information.

Yes Minister. <_<

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Lulu, It's probably because Q on Q figures are meaningless. If a particularly expensive house is sold 1 quarter, and not the next, the data will show wild swings. The sample size just isn't big enough to mean anything, and you certainly can't use it to identify a trend.

You could find Q on Q rises that "show" house prices are rising by 60% per annum, if you wanted to use the same methodology has RB has used here.

Don't confuse data with information.

But if the data had shown prices were going up they wouldn't care about the accuracy/relevency of such data?

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Having had a quick look at the last couple of years results at http://www.ros.gov.uk/pressreleases.html I do think we will have to wait until the 3rd quarter results are released in November before calling a crash as these falls/rises appear to be seasonal.

Not just seasonal. They are very heavily affected by the volumes and types of properties that happen to have sold that quarter. In my area, the data on detached houses moves all over the show from quarter to quarter. The reason? The majority of the borough has detached houses at abot 400k, but there's one smart area where houses go for over 1.2 million. If 2 or 3 of these are sold, the Q on Q figure goes through the roof.

But if the data had shown prices were going up they wouldn't care about the accuracy/relevency of such data?

Who wouldn't?

If you mean the media, then I agree. They're just as likely to put a "soaring house prices" front page headline.

But we don't have to believe either scenario!

Year on year data is obviously more meaningful, as the swings and roundabouts will be smoothed out a bit.

Edited by Casual Observer

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Figures have been updated on BBC (I think)

http://news.bbc.co.uk/1/shared/spl/hi/in_d...ml/region12.stm

Yes, the earlier figures (showing qtr 1.1, annual 4.7 for Edinburgh)

has been on the BBC website for a few months now.

Look at Edinburgh now, 5.3 quarter, 9.2 annual.

As a (non)First-time Buyer, living in Edinburgh, I'm sorry to report

that this mirrors exactly what I've seen on the ground since New Year.

There have been a lot of sales going through at higher prices.

an unhappy bear

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Yes, the earlier figures (showing qtr 1.1, annual 4.7 for Edinburgh)

has been on the BBC website for a few months now.

Look at Edinburgh now, 5.3 quarter, 9.2 annual.

As a (non)First-time Buyer, living in Edinburgh, I'm sorry to report

that this mirrors exactly what I've seen on the ground since New Year.

There have been a lot of sales going through at higher prices.

an unhappy bear

a**e I thought it was all ESPC bullcrap but seems like I really am going to have leave Edinburgh next year

No way am I going to buy a dump in Gorgie for £100,000+ I cant even escape to Midlothian as everyone else has already got there

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Guest wrongmove

Here is the updated list of QoQ and YoY figures, RB style. I can't think why he hasn't posted it himself..........

NAME AV PRICE (£) QUARTER ANNUAL SALES

Edinburgh, City Of

£185,964 5.3% 9.2% 3680

East Renfrewshire

£180,219 7.2% 11.7% 491

East Lothian

£169,964 11.2% 11.3% 689

East Dunbartonshire

£167,315 4.4% 2.7% 553

Stirling

£154,155 6.8% 9.9% 571

Perth And Kinross

£145,293 1.1% 20.2% 990

Aberdeenshire

£140,508 10.5% 17.5% 1335

Highland

£139,268 10.8% 24.7% 1303

Midlothian

£137,892 2.7% 6.3% 384

South Ayrshire

£134,373 -4.8% 11.2% 646

Scottish Borders

£133,406 2.1% 13% 672

Aberdeen City

£127,530 11.3% 19.4% 1693

Glasgow City

£126,843 2% 5.4% 4255

Argyll And Bute

£124,320 3.7% 1.9% 556

West Lothian

£121,400 1.9% 13.5% 1085

Dumfries And Galloway

£120,871 6.6% 14% 701

Angus

£118,472 3.1% 11.3% 592

South Lanarkshire

£118,466 4.7% 10.6% 2141

Clackmannanshire

£113,843 13.5% 10.8% 363

Fife

£113,178 6.3% 11.2% 2434

Moray

£109,870 8.7% 6.4% 496

Inverclyde

£109,851 -1.2% -1.6% 435

Renfrewshire

£109,829 -1.4% 10.8% 1249

Orkney Islands

£106,040 19.9% 9.8% 89

Falkirk

£104,325 2.1% 8.4% 1060

North Ayrshire

£102,222 4.2% 12.7% 965

Dundee City

£102,025 0.3% 16.6% 873

East Ayrshire

£101,495 9.3% 17.5% 786

North Lanarkshire

£100,905 4.7% 7.4% 2332

West Dunbartonshire

£98,868 12% 7.5% 591

Eilean Siar

£79,866 5.6% 6.3% 77

Shetland Islands

£78,092 -6.7% 19.9% 85

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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