Thursday, September 26, 2013

Wot no bubble?

Prices still falling in some areas

Figures from Savills show that, despite widespread fears of a property bubble, prices in some areas away from the South East and South West are far from overheated. According to analysis of Land Registry data by Savills for Yahoo Finance values in 24 locations in England and Wales are at least 25% below pre-crash levels. It’s the North West which is faring worst. Blackpool is leading with 33% below 2007 values, followed by Durham, Middlesbrough and Hartlepool.

Posted by property addict @ 01:26 PM (2256 views)
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