UK Property Market turns in favour of North and West according to Home.co.uk

September 12, 2017
what is happening to house prices

Home.co.uk Asking Price Index – September 2016 released today headlines ‘London Falls Drag Down Price Growth to Near Zero.’

Greater London prices drop again, this month by 0.6%, taking prices back to little above their September 2016 levels.

Across England and Wales average home prices dip again by 0.1% month-on-month but remain up 3.5% year-on-year.

Summary section leads: With the key markets of London, the South East and the East of England in, or headed for, the doldrums, the UK property market is clearly entering a more difficult period. Not only prices are under downward pressure, rents are now showing declines in all three regions. Low growth and falling returns in these regions will ensure that the overall picture remains one of stagflation going forward. more…

Doug Shephard Director at Home.co.uk said: The UK property market remains bipolar but now the tide has turned against London and the South and East in favour of the North and West. more….

Read the Home.co.uk Asking Price Index – September 2016 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Tenancy fraud costing landlords £266m a month

The latest research from LegalforLandlords reveals that tenancy fraud is costing landlords an estimated £266m a month as 70% of those who fall victim to fraud report being unable to retrieve their losses. LegalforLandlords commissioned a survey of UK landlords* and found that 5% report having been a victim of tenancy fraud. This aligns with…
Read More →
Breaking News

Prime London market activity falls,

The latest market insight from Jefferies London has revealed that the prime London market slowed considerably during the second half of 2025, with average monthly transaction levels falling by 31% compared to the first half of the year. Jefferies London analysed property market transactions across prime London postcodes, looking at the average monthly number of…
Read More →
Home and Living

Demand for wooden furniture remains strong as homeowners rediscover 1960s interiors

Experts reveal how natural materials and timeless design are bringing an overlooked vintage era back into modern homes Search interest in wooden furniture has remained consistently high over the past 12 months, peaking at its highest levels in spring 2025, as homeowners continue to prioritise natural materials and timeless design. Experts say this growing preference…
Read More →
Estate Agent Talk

UK postcode study identifies where buyers get the most space for their money

New analysis has revealed the best-value postcodes for buyers: One UK town offers FOUR times more space than the national average. The study, compiled by the experts at Sell House Fast, analysed postcodes across England and Wales to identify where buyers get the most space for their money. Where £100,000 buys the most space in…
Read More →
what is happening to house prices
Breaking News

The graduate shortage: who will value Britain’s homes in 2030?

According to RICS, the average qualified surveyor is in their mid-fifties. Couple this with new entrant numbers failing to keep pace with retirements, and the profession faces a critical skills gap at the worst possible time. Ryan Mathews, Managing Director of LRG’s Surveyors division, examines why surveying struggles to attract new talent and what needs…
Read More →
Breaking News

62% of letting agents failing to comply

The latest industry insight from The Letting Partnership has found that while Client Money Protection (CMP) is a legal requirement across the lettings sector, 62% of letting agents are failing to clearly display valid CMP certification on their website, highlighting a growing issue around how compliance is demonstrated to landlords and tenants. The Letting Partnership…
Read More →