Values

Luton sees biggest house price rise in UK in 2016, Aberdeen the biggest fall

The biggest increase in house prices in the UK in 2016 was in the southern England town of Luton where the average property value increased by almost 20%, new research shows. Based house price data from lender the Halifax, the average house price in the Bedfordshire increased from £214,934 to £256,636 in 2016, some19.4% higher […] The post Luton sees biggest house price rise in UK in 2016, Aberdeen the biggest fall appeared first on PropertyWire . Continue reading

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Demand keeping prime markets in the East of London more buoyant than in central areas

Proximity to the London’s main financial districts is driving demand for prime property in the East of the city, particularly Canary Wharf and Wapping which are becoming sought after by prime property buyers. People who work in the area also want to live there and developers have sought to meet this demand with a number […] The post Demand keeping prime markets in the East of London more buoyant than in central areas appeared first on PropertyWire . Continue reading

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Sales rising in prime central London property market but prices down considerably

Despite a backdrop of political uncertainty, sales volumes are rising in the central London prime property market as lower asking prices release pent-up demand, according to the latest research. Indeed, November was the second highest month for sales volumes in 2016 after a stamp duty spike in March, says the analysis report from international real […] The post Sales rising in prime central London property market but prices down considerably appeared first on PropertyWire . Continue reading

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