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Average prices in prime central London market reached a new high in 2016

Average prices in the prime central London property market reached a new high of £1,818,262 in 2016 with the market rallying in the final quarter of the year, a new analysis suggests. Indeed, in the final three months of the year prices in this sector increased 14% quarter on quarter and overall the year ended […] The post Average prices in prime central London market reached a new high in 2016 appeared first on PropertyWire . Continue reading

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International economic think tank calls on UK to build homes on green belt

It is well known that there is a shortage of housing in the UK and now the world’s leading economic think tank has written a report calling for more homes to be built. The Organisation for Economic Co-operation and Development (OECD) says lack of housing is holding back Britain’s growth and it believes that planning […] The post International economic think tank calls on UK to build homes on green belt appeared first on PropertyWire . Continue reading

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House price growth increased across the UK in first weeks of 2017

Average house prices in the UK increased by 6.2% in the 12 months to January 2017, up from 5.7% in the year to December 2016, according to the latest official figures to be published. The average UK house price was £218,000 in January, some £13,000 higher than in January 2016 and £1,000 higher than December […] The post House price growth increased across the UK in first weeks of 2017 appeared first on PropertyWire . Continue reading

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