London property rising

[DimPrawn]

http://www.guardian.co.uk/money/2009...ndon-locations

Asking prices for properties in London's best-heeled areas increased by an average of 1.3% (£16,106) in January, according to Primelocation.com – the second index to report a rise in house prices last month.

The survey, which focuses on the most expensive neighbourhoods in London, showed prices had increased to an average of £1.3m over the month, with the biggest increase in west and south-west London where asking prices rose by 2.29% or £21,418. The market was particularly buoyant in Hammersmith and Chiswick where sellers increased prices by 14.3% month-on-month.


Boomed!

At least we know where CyberTory lives now.

[Mich the Tester]

London property is rising? Easy explanation; I’ve heard that some wealthy Londoners have attached airships to their rooftops to make a quick but comfortable get away when the tulip hits the fan. Attach enough airships and the whole street will rise.

[Moscow Mule]

Mother (who is in the know about these things for her job) says,

Market was pretty good in January. Will need to see February's figures to see if market has turned or not.

If they are tulip then is will crash further. If they are ok (similar to Jan) then it may be the start of the recovery.

[DimPrawn]

Mother (who is in the know about these things for her job) says,

Market was pretty good in January. Will need to see February's figures to see if market has turned or not.

If they are tulip then is will crash further. If they are ok (similar to Jan) then it may be the start of the recovery.

For god's sake don't wait. Get your offers in now whilst these £4M terraced houses are a bargain basement prices!!! Wait an month and it will cost you dearly!!!

The recession is over, unemployment is falling like a stone and low cost mortgages are flooding out of the healthy banking system.

Yours,

Kirsty and Phil.

[Moscow Mule]

For god's sake don't wait. Get your offers in now whilst these £4M terraced houses are a bargain basement prices!!! Wait an month and it will cost you dearly!!!

The recession is over, unemployment is falling like a stone and low cost mortgages are flooding out of the healthy banking system.

Yours,

Kirsty and Phil.

Failed businessman Phil Spencer.

[sunnysan]

London House Prices

AFAIH the top end of londons house market £2 Mill + was never really affected. People buying in this bracket dont really need mortgages.

The top end of london boasts some of the most expensive property on the planet.

Then again maybe the shamed bankers have all had comfort houses bought for them by offshore trusts with a deffered bonus to compensate for getting publicly humiliated by our good MPs.

Thats should push it up a bit.

[Solidec]

Figures are nonsense unless we see the raw stats they were based on. Economic climate at present simply does not support the reported January rise.

Best to just watch Land Registry figures, the Halifax and Nationwide figures are all pants!

[Clippy]

Figures are nonsense unless we see the raw stats they were based on. Economic climate at present simply does not support the reported January rise.

Best to just watch Land Registry figures, the Halifax and Nationwide figures are all pants!

Unless Beeny says prices are rising, it ain't true.

Remember, Beeny knows best!

[oracleslave]

Unless Beeny says prices are rising, it ain't true.

Remember, Beeny knows best!

breast

[Francko]

The top end of london boasts some of the most expensive property on the planet.

Also the top end of Swindon beats most of the rural areas properties in China.