Posts in the Economy category

What are the House Prices Looking Like Now?

2009-02-09 10:58:59

Well, we have been in the credit crunch for some time now, and we see the property market plummetting, with news about it almost every day somewhere or other. But how is it fairing?

Well,the average cost of a home is £205,372 now, with:

  • Detached - £315,365
  • Semi - £182,248
  • Terrace - £160,006 and
  • Flat - £183,001

The change in last year is -7.60%, with a -8.34% change in the last quarter. There has been 22,885 sales in the past year.