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London house prices fall

London house prices have fallen backwards for the first time this year. Often seen as the engine of the property market across the country, asking prices in the capital have fallen for the first time in 2007. In London the average asking price was £394,268 in July, up by 23.4% in a year, but down [...]

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House prices up 40% by 2012

The National Housing Federation has forecast that house prices will continue to rise, increasing by 40% in only the next five years. This would take the value of the average property over £300,000. The Federation says this is likely to happen in spite of the government’s plans to increase its house building rate. Since 1997, [...]

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