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Gap between London house prices and rest of England and Wales widens
The gap in average house prices between London and the rest of England and Wales has significantly widened over the past 20 years, new research shows. Overall the research from Lloyds Bank shows that London house prices are now nearly 12 times average earnings and the private housing stock in London is worth £1.27 trillion, […] The post Gap between London house prices and rest of England and Wales widens appeared first on PropertyWire . Continue reading →
UK house prices ended 2016 with strong growth, latest index shows
House prices in the UK increased by 7.2% in the 12 month to December 2016 taking the average property value in the country to £219,544, the latest index data shows. Month on month prices increased by 1.4% since November 2016 taking the monthly index figure for the UK was 115.2, the figures from the Land […] The post UK house prices ended 2016 with strong growth, latest index shows appeared first on PropertyWire . Continue reading →
UK property markets in good position to weather Brexit, says two new reports
Regional property markets around the UK currently offer potentially better investment opportunities than those in London, with Brexit likely to hit the capital harder than anywhere else in the UK, a new report suggests. While commercial real estate investment returns in London are unlikely to plummet during the Brexit negotiations, which are due to get […] The post UK property markets in good position to weather Brexit, says two new reports appeared first on PropertyWire . Continue reading →