The cheapest property in England and Wales sold for just £7,500 in March.
The stone-built Methodist Chapel in Felindre, Knighton, Powys, is a derelict building in the main street of the small Welsh village. Continue reading £7,500 chapel was cheapest property sold in March
House prices in Scotland have remained fairly constant, offering only small rises for larger properties and slight drops in smaller houses.
Edinburgh saw its average house price rise by 0.6% on a year ago, with the biggest rise coming in West Lothian at 6.2%. Elsewhere, properties in East Lothian and Dunfermline decreased. Continue reading House prices in Scotland Unmoved
House prices are stuck in a rut and are unlikely to recover to anywhere near pre-credit crunch prices any time soon – and perhaps not for a decade, according to new research.
Accountancy firm PricewaterhouseCoopers predicts prices will still languish 12% below the highs of 2007 in 2015 and reckons the chances of them rising above the previous peak in 2020 is just better than 50:50. Continue reading House prices stuck in a rut for up to 10 years
Car parking spaces in plush Knightsbridge are selling for more than the average price of a house in the rest of the UK.
The underground spaces, measuring 19 feet by 8 feet regularly make more than the Land registry average for a home of £161,823, according to top people’s estate agent W A Ellis. Continue reading Parking spaces cost more than many homes in London
The topsy-turvy world of UK house price surveys seems to have produced another set of nonsense results as the monthly merry go round of conflicting reports continues to confuse home owners and buyers.
In 24 hours, three surveys that track house price rise and falls have reported three entirely different sets of results on the very same subject.
Continue reading House price surveys confuse the market again
More stubborn sellers with luxury homes who refuse to drop their house prices are becoming reluctant landlords, according to letting agents.
Their reluctance to sell is pushing up the average value of a buy to let property. Continue reading Stubborn sellers let luxury homes rather than drop prices