Property figures for 2007
The BBC - Property has released sales figures for property in the UK have been released (up to mid November). Property figures for 2007 are as follows:
The fastest rising areas are Northern Ireland, East Anglia and the South West of England.
The average price for a property in the UK is just over £230,000.
There have been over 300,000 property sales.
Properties have gone up by 9% in the last year.
Properties have gone up by 6.5% in the last quarter.
The cheapest places to buy are still Scotland and the North West Of England, with an average of under £141,000 per sale.
The winter slowdown in property sales will of course cause a drop in property prices over the festive months to come as usual.
The fastest rising areas are Northern Ireland up around 25-40% and Scotland which is still up 13% overall after all the doom and gloom. The overall figure is presently down 3%! All those people who bought tiny flats in London for multi millions will be feeling a bit stupid…
Comment by Brendan Key — 15 April 2008 @ 12:06 pm