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Source: Nationwide quarterly survey, Q2 2007
Five hottest regional towns/cities
1 Belfast
Annual change in prices: 61 per cent
Average price: £300,229
2 Aberdeen
Annual change in prices: 35 per cent
Average price: £218,152
Annual change in prices: 24 per cent
Average price: £181,104
Annual change in prices: 23 per cent
Average price: £202,691
5 Bristol
Annual change in prices: 18 per cent
Average price: £242,876
Five coolest regional towns/cities
Annual change in prices: 0 per cent
Average price: £159,112
Annual change in prices: 3 per cent
Average price: £181,104
Annual change in prices: 3 per cent
Average price: £182,232
Annual change in prices: 4 per cent
Average price: £184,656
Annual change in prices: 4 per cent
Average price: £149,049
Overall UK prices
Average price: £181,810
Annual change in prices: 10.2 per cent
House prices: region by region
Average price: £134,523
Annual change in prices: 6.3 per cent
Average price: £155,159
Annual change in prices: 6.1 per cent
Average price: £158,614
Annual change in prices: 5.8 per cent
Average price: £156,512
Annual change in prices: 6.8 per cent
Average price: £164,679
Annual change in prices: 5.9 per cent
Average price: £181,409
Annual change in prices: 7.7 per cent
Average price: £212,811
Annual change in prices: 10.4 per cent
Outer Metropolitan
Average price: £253,323
Annual change in prices: 10.7 per cent
Average price: £292,409
Annual change in prices: 15.7 per cent
Average price: £200,940
Annual change in prices: 9.3 per cent
Average price: £154,969
Annual change in prices: 7.4 per cent
Average price: £148,593
Annual change in prices: 14.7 per cent
Average price: £225,447
Annual change in prices: 54.0 per cent
Source: Nationwide quarterly survey, Q2 2007
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JJ obviously doesn't remember the house price crash of the early 90s when negative equity was ubiquitous. While booms tend to last longer than generally expected, markets always overshoot.
Arnold Ward, Weybridge, Surrey, UK
Housebuyers are only a small part of the housing marketplace. Perhaps it is time pressure should be brought to bear on housebuiders who are profiteering on the back of the property market and the lenders whose standard variable rates currently include a 34% profit margin (7.75 SVR compared to 5.75 BOE base rate).
Seems the housebuyer could be treated more fairly by big business.
DB, Stourbridge, UK
IM SO TIRED OF READING ARE WE HEADING FOR A CRASH
IN THE PROPERTY MARKET, 10 YEARS AGO IT WAS THE SAME TIRED OLD DRIBBLE AND IM SURE IT WILL BE THE SAME IN 10 YEARS TIME .
PUT SIMPLY WE LIVE ON AN ISLAND WITH A BIG POPULATION AND WITH LAND /BUILDING PRODUCTS/LABOUR /PLANNING ALL EXPENSIVE QUITE SIMPLY EXPENSIVE HOUSE PRICES ARE HERE TO STAY EVEN IF LABOUR BUILD ANOTHER 3 MILLION HOUSES BU Y 2020 OUR POPULATION WILL HAVE GROW ALMOST THE SAME BUY THAT TIME.
J J, london, uk