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What Good Is An 'affordable Home' When You Can't Afford A Deposit?
  Offering 20% discounts on "starter homes" is like offering money-off a P...

Letter From Landlord
Recieved this through the door today   Dear tenant.   Thanks you for ...

George Osborne's Infrastructure Plans Are A 'win-Win' For Uk, Says Imf
    The head of the International Monetary Fund has given a ringing...

Do You Get The Feeling People Are Getting Angry?
junior doctors wanting to go on strike now. are people starting to get angry abo...

Life Leases For Over 60S
A new one to me.   My previous home in SE Essex has come back on the market...

Reduced - And Back On Market!
^1783&insId=2&maxDaysSinceAdded=1&radius=10.0&index=10   07/10/2015  ...

Northwood: "sneaky Rent Dodgers"
Was driving along today and had some sort of fleeting epiphany re house prices. ...

Btl Investors: 'let Us Off Capital Gains Tax And We'll Sell To First-Time Buyers'
  Dear Dave,   Please please give us moar subsidies.   hugz ...

Deutsche Bank Expects To Lose €6Bn In Just Three Months
    Deutsche Bank warned it would post a net loss of €6.2bn i...

Plymouth Council Gambles On The Property Market
Why not just go to the casino and put it all on the red. ...

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Latest: House Price Crash News

Thursday, Oct 8 2015 Add a News Blog Article

Can the Tories convince the unlanded that they have their backs?

Torygraph: The real ticking time bomb for the Tories is home ownership

This chap seems to narrowly define ownership and private property as only residential housing. Hilarious that he sees France's higher homeownership as a good thing! The most successful parts of the country are dominated by renters - London is under half homeowner. For good labour mobility, you need people to be able to move easily, which you simply don't have if everyone owns. Even without stamp duty and a conveyancing system that almost seems designed to slow things down, you require a much bigger career opportunity to move if you own rather than rent. What is needed is secure, good quality rental accommodation for the young and older people on low incomes, and a norm of buying your first home when you truly settle down, e.g. kids start school.

Posted by mombers @ 01:48 PM 0 Comments

Are they feeling the heat?

Guardian: Are they feeling the heat?

"David Cameron will promise to sweep away planning rules that require property developers to build affordable homes for rent in a bid to increase the building of homes for first-time buyers. In a bid to shift from generation rent to generation buy, Cameron will say in his speech at the Conservative party conference on Wednesday that he hopes his new starter homes proposal can unblock housebuilding in the UK by abolishing demands that developers provide a certain amount of affordable housing to rent in new developments." I'm pretty cold towards all political parties when it comes to housing policy but who knows? Could the current lot have stumbled across something useful?

Posted by quiet guy @ 01:06 AM 18 Comments

You cannot escape location Value even after Death

Torygraph: The not-so-great leveller: dramatic differences in cost of dying just miles apart

Some on this site refutes Ricardo's law but lets face it it works, even after you die...

Posted by pete green @ 08:12 PM 1 Comments

A growing voting block - no wonder BTL is under attack even by the Tories

Torygraph: Generation rent: the reluctant rise of the older tenant

"Silver-haired housemates still writing their name on their milk in the fridge? It’s the future, says seasoned tenant Hannah Betts " Of course the taxpayer is picking up the tab for a lot of these rents (25% of private rents are paid in part or full by Housing Benefit), and probably all of them once these poor people retire.

Posted by mombers @ 11:24 AM 6 Comments

Disillusioned by Britain's dysfunctional housing market

Telegraph: Downsize to raise cash? It would COST us £90,000

Beryl Morris is keen to sell her two-storey, four-bedroom family home in the near future. She and her husband have loved it for the 33 years they've lived there - but now it’s too big to manage. Downsizing isn’t an option for the couple, however.

Posted by cornishman @ 08:18 AM 5 Comments

Amazing Tory policy on housing

Stephentall: 18 posters in which the Consrvatives promise to build more housing

I found this link on another blog yesterday and it is absolutely staggering and just shows how far the Conservatives and New Labour have moved away from mainstream policies. Conservative policies of yesteryear would be described as extreme Corbynomics by many of our deluded politicians.

Posted by britishblue @ 11:40 AM 0 Comments

US 1 & 3 month bonds go negative

UK.Investing: U.S. 1-Month Bond Yield Overview

With 1 month US bonds confidently negative, 3 month bonds a yo-yo ing from negative to positive, pivoting around zero and the yield on 6-month treasuries actually declined 19 basis point in past month. "None of this "should be happening" in a rising rate environment with an allegedly strengthening economy" with this indicative of coming recessionary conditions states Mike Shedlock: : Though Mike ignores that there is a global economy at stake, and this represents capital flowing into the US market, possibly from China and Europe, but also places like Brazil, combined with the US experiencing a global deflationary shock on commodities from the Chinese collapse that outweighs strong economic growth on the FOREX market right now.

Posted by libertas @ 10:33 AM 10 Comments

Double top for US house prices or new boom?

Huffington Post: US Home Prices Reaching Near Peak - So What's the Problem?

The new FHFA, Federal Housing Finance Agency, House Price Index has been published with data through the end of July, 2015. Here's a chart to get the discussion going:

Posted by libertas @ 10:21 AM 0 Comments

One for the bears

Armstrong Economics: Real Estate and the Economic Confidence Model

The peak in real estate may have arrived. At the same time, this reflects the shift away from government bonds. Blackstone Group LP, the largest real estate fund to assemble, has come right on point. Blackstone raised $15.8 billion, creating the largest real estate fund in history. As we have warned, this reflects investment capital shifting into real estate. We may see a major high in real estate in many areas due to taxes and regulations. They are even looking at introducing property taxes in places within Europe where they did not exist before.

Posted by libertas @ 12:34 AM 13 Comments

A trend continues

This Is Money: One in five 20 to 34-year-olds has moved back in with their parents in the last year because they cannot afford to rent Read more:

There are many family homes with spare rooms. One factor of the housing "crisis" is that we will revert closer to third world countries where three or more generations live in the same house, plus folk renting out spare rooms, spare lofts, spare spaces under stairs, spare garages, sheds, green houses, tree houses, land for tents, and on, and on. This is how London will hit 12 million residents by 2030. Welcome to the new normal.

Posted by libertas @ 10:19 PM 3 Comments

View More News Posts >>

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 Feb 15 £268,000 N/A 7.20 Tick£274,000
(Aug 14)
LSL Property Services/Acadametrics Mar 15 £275,123 0.20 5.60 Cross£280,733
(Nov 14)
2.0017/04/2015 (PDF)
Halifax House Price Index Mar 15 £192,970 0.40 8.10 Tick£199,770
(Aug 07)
3.4009/04/2015 (PDF) (England and Wales) Apr 15 N/A 0.90 6.50 Cross N/A N/A 14/04/2015 (PDF)
Hometrack - Monthly National Survey Sep 14 N/A 0.00 0.00 Cross N/A N/A 26/09/2014
Land Registry Monthly Report Feb 15 £180,252 0.50 6.50 Tick£186,045
(Jan 08)
3.1127/03/2015 (PDF)
Nationwide House Price Index Mar 15 £189,454 0.10 5.10 TickThis monthN/A02/04/2015 (PDF)
Rightmove House Price Index Mar 15 £281,752 1.00 5.40 TickThis monthN/A16/03/2015 (PDF)

House Price Statistics - Greater London

Source website Period covered Average
house price
change (%)
change (%)
Annual change
Archive /Graph Peak average
house price
Change since
peak (%)
Official releases
Communities and Local Government House Price Index Feb 15 £490,000 N/A N/A 9.40 Tick£514,000
(Jul 14)
Halifax House Price Index Q4 14 £356,054 N/A N/A 14.50 CrossThis quarterN/A08/01/2015 (PDF)
Land Registry Monthly Report Feb 15 £463,872 0.60 N/A 13.10 TickThis monthN/A27/03/2015 (PDF)
Nationwide House Price Index Q1 15 £408,780 N/A 1.00 12.70 CrossThis quarterN/A02/04/2015 (PDF)
Rightmove House Price Index Mar 15 £580,308 0.40 N/A 5.50 Tick£601,180
(Nov 14)
3.4716/03/2015 (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. 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