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Stagnant Wages Leaves Central Banks Fretting Over Fate Of Workers - Can Hpc Help?
    After injecting trillions of dollars into the global financial s...

Uk Economy Upgraded Again As Imf Predicts 3.2 Per Cent Growth
Telegraph 24/7/14 'Britain has been given the biggest growth upgrade of any majo...

Unipart Automotive-Has Gone Into Administration With The Loss Of More Than 1,200 Jobs
MSN 24/7/14 'Based in Solihull, the company operated 80 branches and distributio...

This Has Mis-Selling Written All Over It.
We need a sweepstake on when the payouts begin this case being underwritten by ...

What's The Most You Would Borrow In Relation To Salary?
Here's my conundrum... (we're looking at £200k houses, approx).   With...

Dora Bryan National Institution Ruined By Property And Died In State Funded Nursing Home
Just to show property isn't a one way bet...the perceived paper profits often ea...

Only Increased Housebuilding Will Solve Prices
Increasing the supply of homes rather than just restricting mortgage lending is...

Recommended Ways To Sell Other Than Traditional Ea
I'll soon be putting a house on the market for a deceased relative. Has anyone s...

Trade Down To Shared Ownership
...

'risk Of Debt Peril' When Interest Rates Rise
    "'Risk of debt peril' when interest rates rise"   Interestin...

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Latest: House Price Crash News

Thursday, Jul 24 2014 Add a News Blog Article

Unreliable boyfriend?

Daily Wail: Rate rise could push Britain back into recession says Carney: Fears over effect of household debt

- The Canadian Bank of England governor warns that a rate rise is on the way - With no increase, the housing market could spiral out of control, he says - Rates have been kept at 0.5 per cent since the depths of the crisis in 2009

Posted by hpwatcher @ 11:37 AM 6 Comments

Help not to be repossessed

City A.M.: Interest rate hikes risk a household debt crisis if we don’t act now

A "help not to be repossessed" scheme? I wouldn't bet against it

Posted by mountain goat @ 11:18 PM 2 Comments

An interesting one for the Homeowenerists...

Telegraph: BBC drives biggest rise in house prices

What to say? It's absolutely fine for idle landowners to trousers billions from CrossRail, but what if the source of the unearned windfall is that enemy of capitalism, the BBC?

Posted by mombers @ 02:22 PM 1 Comments

Step by step guide to being a landlord

Commercial Trust: Step by step guide to being a landlord

Being a landlord is about much more than just buying a property and sticking some tenants in to pay the rent – it’s about providing someone with a home and making sure that home is safe and suitable for the person living there.

Posted by amelia @ 01:10 PM 1 Comments

Is this a sign of a crash?

MoneyWeek: What Foxtons' share price tells us about the London property market

Foxtons, the famously bullish London estate agent, has seen its share price fall to a 52-week low. That doesn't bode well for the capital's house prices.

Posted by andrew.williams @ 12:17 PM 0 Comments

BoE idiot extends UK boom in debt, and then claims economy is fixed.

Independent.co.uk: Paul Fisher: ‘The Bank delivered the recovery’

'Mr Fisher also argues that QE, along with the Bank’s Funding for Lending Scheme which subsidises credit to banks, were responsible for the recovery that finally kicked in last year.' ----- Yes, an a debt driven recovery at that. It's just a strategy to hide a bankrupt country.

Posted by hpwatcher @ 09:33 AM 2 Comments

Councils fearful of upsetting investors refuse to penalise empty homes owners

BBC News: Power to penalise owners of empty homes goes unused

"The BBC's research shows there are currently 80,489 empty properties in the capital - and in total only 4,399 of them were subjected to the Empty Homes Premium." "The way to build homes is not to tax existing homes and stop people investing and buying in our city." - Daniel Astaire, cabinet member for housing, Westminster council [my emphasis].

Posted by landofconfusion @ 04:16 PM 6 Comments

Unique Balfour Place has 19 bedrooms, six kitchens and 17 bathrooms

Wetherell.co.uk: UNIQUE BALFOUR PLACE APARTMENT BUILDING FOR SALE

No.7 Balfour Place - an Arts & Crafts-style Mayfair mansion built in 1891 - was divided up into six apartments in the 1990s. But with the world's billionaires fighting over properties in the capital, it is likely to sell to a buyer who wants it for a family home. It has seven reception rooms of 'princely proportions', six kitchens, 17 bathrooms and a roof terrace. Estate agent Peter Wetherell said: "As apartments, it could be used as an investment to generate rental income. Reinstated into a single residence, it could create one of London's finest mega-mansions." No.7 Balfour Place is for sale freehold priced at £45 million.

Posted by tanya @ 12:24 PM 0 Comments

Can you still get a 100% mortgage?

TurnKey Mortgages: Does the 100% mortgage still exist?

100 percent mortgage deals do still exist, but these products are usually only available either to the lenders’ existing mortgage customers or to homebuyers with a guarantor willing to repay the mortgage debt if they cannot.

Posted by amelia @ 10:48 AM 0 Comments

Blame it on the boogie

IBT: Average UK House Price Drops During World Cup Distraction

The average asking price for a home in the UK dropped in July amid tighter lending rules for the mortgage market, the World Cup and the start of summer. Property website Rightmove said the average asking price dropped 0.8% over the month to £270,159, thought this was still 6.5% higher than in July 2013.

Posted by khards @ 10:44 AM 5 Comments

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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
Communities and Local Government House Price Index Mar 14 £252,000 N/A 8.00 Tick£254,000
(Jan 14)
0.7920/05/2014
LSL Property Services/Acadametrics Apr 14 £263,113 0.50 7.30 CrossThis monthN/A09/05/2014 (PDF)
Halifax House Price Index Apr 14 £177,648 0.20 8.50 Tick£199,770
(Aug 07)
11.0708/05/2014 (PDF)
Home.co.uk (England and Wales) May 14 N/A 1.40 9.20 Cross N/A N/A 14/05/2014 (PDF)
Hometrack - Monthly National Survey Apr 14 N/A 0.60 6.00 Cross N/A N/A 28/04/2014
Land Registry Monthly Report Mar 14 £169,124 0.40 5.60 Tick£186,045
(Jan 08)
9.1030/04/2014 (PDF)
Nationwide House Price Index Apr 14 £183,577 1.20 10.90 Tick£186,044
(Oct 07)
1.3301/05/2014 (PDF)
Rightmove House Price Index May 14 £272,003 3.60 8.90 TickThis monthN/A19/05/2014 (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
Communities and Local Government House Price Index Mar 14 £459,000 N/A N/A 17.00 TickThis monthN/A20/05/2014
Halifax House Price Index Q1 14 £319,894 N/A N/A 15.50 Cross£320,847
(Q3 07)
0.3004/04/2014 (PDF)
Land Registry Monthly Report Mar 14 £414,490 0.60 N/A 12.40 TickThis monthN/A30/04/2014 (PDF)
Nationwide House Price Index Q1 14 £362,699 N/A 5.30 18.20 CrossThis quarterN/A02/04/2014 (PDF)
Rightmove House Price Index May 14 £592,763 3.30 N/A 16.30 TickThis monthN/A19/05/2014 (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
RICSN/AN/ADec 2013 8%UK2014Tick
This growth is being driven by the acute imbalance between burgeoning buyer demand and sluggish supply with new instructions to estate agents close to stagnating.
RICSN/AN/ADec 2013 11%London2014Tick
It remains to be seen what impact the recently announced increase in capital gains tax for overseas vendors will have on the prime central London market.
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.
Knight FrankLiam BaileyN/AMar 2011 6%UK2012Tick
Knight FrankLiam BaileyN/AMar 2011 6%UK2011Tick
Knight FrankLiam BaileyN/AMar 2011 8.8%UK2013Tick
Knight FrankLiam BaileyN/AMar 2011 5.8%UK2014Tick
Knight FrankLiam BaileyN/AMar 2011 4.9%UK2015Tick
Jonathan DavisN/AOct 2010 40-50 % UK2007-2013Tick
New forecast set at Oct 10. Given historical reference, bank failures, credit restrictions and global economic recession.
IHS Global InsightHoward ArcherPhoto of Howard ArcherSep 2010 10%UK2010-2011Tick
We suspect that house prices could fall by around 10% between now and the end of 2011. Much will obviously depend on how well the economy holds up as the fiscal squeeze increasingly kicks in, mortgage availability and the amount of houses coming on to the market.
Jones Lang LaSalleJames ThomasPhoto of James ThomasAug 2010 3.9%UK2010Tick
"During the remainder of 2010, JLL expects a decline of 3.9 per cent on current price levels, reducing the value of the average UK property by £6,500."
CEBRN/AN/AAug 2010 4%UK2010Tick
"The Centre For Economics And Business Research (CEBR) said prices will increase 4 per cent this year and continue rising until 2014, mainly due to a shortage of homes in the UK and low interest rates."
NIESRN/AN/AJul 2010 8%UK2010-2015Tick
"The National Institute of Economic and Social Research (NIESR) claims that prices will fall, in real terms, by about eight per cent."
Capital Economics Ltd.N/AN/AJul 2010 23%UK2010-2012Tick
"UK house prices will fall through 2012 as the deepest public-spending cuts since World War II and tighter credit conditions deter potential buyers."
Knight FrankLiam BaileyN/ADec 2009 3%UK2010Tick
Knight Frank predicts that a continuing growth in unemployment, allied to wage freezes and tax rises, and a rise in average mortgage rates will force a number of sales which, in the absence of greater depth of demand, will see prices slipping back.
Jones Lang LaSalleJames ThomasPhoto of James ThomasSep 2009 7%UK2010Tick
Jones Lang LaSalle's latest UK Residential Market Forecast predicts this market revival is likely to be unsustainable and a fall in prices of -7% on average is likely during 2010.
CluttonsThomas GroundsN/AFeb 2009 9%UK2009Tick
Cluttons predict that house prices will fall by nine per cent this year and by 1.5 per cent next year, with a peak-to-trough decline of 24 per cent.
CluttonsThomas GroundsN/AFeb 2009 1.5%UK2010Tick
House prices will fall by nine per cent this year and by 1.5 per cent next year, with a peak-to-trough decline of 24 per cent
CluttonsThomas GroundsN/AFeb 2009 11%London2009Tick
In Central London, Cluttons predict that prices will fall by 11.0 per cent this year but will see a marginal growth of one per cent in 2010, putting the peak-to-trough decline at 29 per cent.
CluttonsThomas GroundsN/AFeb 2009 1%London2010Tick
In Central London, Cluttons predict that prices will fall by 11.0 per cent this year but will see a marginal growth of one per cent in 2010, putting the peak-to-trough decline at 29 per cent.
Market OracleAndrew ButterN/AJan 2009 33%UK2007-2012Tick
For Nationwide Index; updates forecast of 35% to 40% drop (peak to trough) done in Sept 07, reason now low long term interest rates will hold prices up until bottom in 2012.
Market OracleNadeem WalayatN/AJan 2009 36%UK2007-2011Tick
For Halifax Index updates; forecast of 15% drop for 08 done in August 07, bottom 2011.
IHS Global InsightHoward ArcherPhoto of Howard ArcherOct 2008 15%UK2009Tick
Global insight have further revised down their house price forecasts to show a fall of 15% in 2009.
NationwideGraham BealePhoto of Graham BealeSep 2008 25%UK2008-2010Tick
Nationwide CEO Graham Beale expects a 25% decline between 2008-2010 in UK housing market before any signs of a recovery.
Jonathan DavisN/ASep 2008 40-50 % UK2007-2011Tick
New forecast set at Sep 08. Given historical reference, global bank failures,credit restrictions and economic recession.
brightsale.co.ukJeremy HowardN/AAug 2008 0%UK2008-2009Tick
New research from BrightSale suggests that prices do not have much further to fall to bring them back to long-term equilibrium
Lloyds TSBEric DanielsPhoto of Eric DanielsJul 2008 5%UK2009Tick
Lloyds predict a further 5% fall for 2009 on top of their 10-15% fall prediction for 2008.
National Housing FederationDavid OrrPhoto of David OrrJul 2008 25%UK2008-2013Tick
National Housing Federation predicts that the average house price in England will rise by 25 per cent over the next five years to reach £274,700, despite fears of a housing market crash.
DeloitteRoger BootlePhoto of Roger BootleJul 2008 33%UK2008-2010Tick
Deloitte now expect UK house prices to fall by about a third by the end of 2010 with severe adverse effects on household spending and investment.
SavillsJeremy HelsbyN/AJul 2008 25%London2008-2009Tick
The chief executive of Savills forecast house prices in London to fall 25 per cent by the end of next year.
GMOJeremy GranthamN/AJul 2008 50%UKNot statedTick
Jeremy Grantham of GMO, the $126-bn US investment fund, notes that UK house prices "could easily decline 50% from the peak, and at that lower level they would still be higher than they were in 1997 as a multiple of income!"
Capital EconomicsRoger BootlePhoto of Roger BootleJun 2008 35%UK2008-2010Tick
Revised forecast: House prices may fall up to 35pc over the next three years, Capital Economics has warned, in one of the bleakest forecasts yet for the UK's property market.
Jones Lang LaSalleJames ThomasPhoto of James ThomasMay 2008 1-3 % UK2009Tick
Minor falls predicted for 2009.
Jones Lang LaSalleJames ThomasPhoto of James ThomasMay 2008 7-9 % UK2010-2013Tick
Jones Lang LaSalle expect slow growth from 2010-2013.
Morgan StanleyDavid MilesPhoto of David MilesMar 2008 20%UK2008-2009Tick
David Miles, chief UK economist at Morgan Stanley predicts that house prices will fall by up to 20% over the next two years.
Numis SecuritiesJames HamiltonN/AMar 2008 30%UKNot statedTick
James states that "UK property prices remain 44% over valued we expect them to go to a discount to fair value." (44% over-valuation would result in a 30.55% price drop)
Boom Bust Fred HarrisonPhoto of Fred HarrisonJan 2008 30%UK2008-2012Tick
Fred Harrison predicted a drop of 20% in his book Boom Bust (2005) but he now believes the drop will be around 30%.
London School of EconomicsJohn Van ReenenPhoto of John Van ReenenJan 2008 20%UK2008-2009Tick
John Van Reenen, expected prices to fall 20% before bouncing back but he doesn't state a time period for this prediction.
London School of EconomicsWillem BuiterN/AJan 2008 30%UK2008-2009Tick
Mr Buiter says that on average, lower house prices don't make UK consumers worse off. They lose as owners but gain as renters.
Gordon is a MoronDr Vernon ColemanPhoto of Dr Vernon ColemanAug 2007 50%UKNot statedTick
Dr Vernon Coleman Predicts a 50% House Price Crash in his book "Gordon is a moron".

Predictions archive