Tuesday, Jun 06, 2006

London prices now average 250K

Firstrung: London house prices now exceed 250K- Haart estate agent report

How can supposed levels of first time buyers be maintained at these prices? The latest data from haart estate agents reveals that the average London house price is now over a quarter of million pounds, as it rises for the eighth consecutive month....

Posted by Converted Lurker @ 12:11 PM (489 views)
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3 Comments

1. This comment has been removed as it was found to be in breach of our Blog Policies.

 

2. Worzel said...

I am sad to say that I can verify this story. I would like to be a FTB, but having tried to buy a few properties in North East London (mentioned in the story) but have lost out due to higher bidders, then as we increase our top limit and offer on a similar place, prices have gone up 10k in a few weeks. How frustrating!

Tuesday, June 6, 2006 07:23PM Report Comment
 

3. Gocrashgo said...

Same happened to us in Kent. We have a reasonable income with a reasonable amount of deposit. However, we just cannot afford a house. Every time when we decided it's a good one with a reasonable price tag, people just overbid each other like mad. We have no option but to wait for the crash. Hope it happens soon with so many repossessions going on.

Wednesday, June 7, 2006 04:44AM Report Comment
 

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