Jump to content

How much have the house prices dropped since the recession..

Recommended Posts

Does anyone know the actual figures of the drop in house prices since the recession, especially the s62 areas, what is the best web site for accurate data,

Thanks in advance..

Share this post


Link to post
Share on other sites

Drops are different all over the country - some places are still happily going up. Doubt you'll get the figures you are after on a postcode by postcode basis.

Share this post


Link to post
Share on other sites

This morning the BBC said the average house price has dropped from £180K to £160K

Share this post


Link to post
Share on other sites

Depends on the type of house as well, apparently “new build” have been the worst hit.

Share this post


Link to post
Share on other sites

I use halifax/lloyds historical house price data and compare historical GDP (I plot it out using excel),

 

The ratio gives you a good idea of whats really going on (you can seen an obvious pattern)

 

House price data:

http://www.lloydsbankinggroup.com/media/excel/2011/05_07_2011_Historic_Data.xls

 

This data is split up by region:

NORTH, YORKS. & HUMB, NORTH WEST, E. MIDLANDS, W. MIDLANDS, EAST ANGLIA, SOUTH WEST, SOUTH EAST, GR. LONDON, WALES, SCOTLAND, N. IRELAND, UK

 

You can also get quarterly data from halifax/lloyds (which will give you more up to date data)

 

Just Google "historical house price data" you should find some good free sources

Edited by Tenants

Share this post


Link to post
Share on other sites
Depends on the type of house as well, apparently “new build” have been the worst hit.

 

That's 'cos they were overpriced to start off with..

Share this post


Link to post
Share on other sites

Ours continued to go up, we sold it for the highest price ever on our street, that was last December.

Share this post


Link to post
Share on other sites
Ours continued to go up, we sold it for the highest price ever on our street, that was last December.

 

You mean 10p?

Share this post


Link to post
Share on other sites
Ours continued to go up, we sold it for the highest price ever on our street, that was last December.

 

That's probably due to the demand for cardboard increasing, due to more of it being recycled.

Share this post


Link to post
Share on other sites
That's 'cos they were overpriced to start off with..

 

Yep, those early years of a mortgage are nervous aren’t they, a program on TV today said some lenders are so nervous they are wanting up to 50% deposits on new builds.

Share this post


Link to post
Share on other sites
Does anyone know the actual figures of the drop in house prices since the recession, especially the s62 areas, what is the best web site for accurate data,

Thanks in advance..

 

If you use the Nationwide House Price Index it is quite accurate to actual sales.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.