10 areas in UK where house prices are predicted to fall the most
2 years, 1 month ago

10 areas in UK where house prices are predicted to fall the most

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. New figures from house seller advice service PropCast shows demand has fallen sharply in 10 UK counties, which could pave the way for a more dramatic slump in house prices in these regions. Nationwide said the average house price fell by 0.9 per cent in October from September to £268,282, while Halifax reported a 0.4 per cent monthly drop in value. It comes as the latest house price data published by HM Land Registry for September 2022 show that average house prices in the UK increased by 9.5 per cent in the year to September 2022. Savills and Knight Frank estate agents has forecast housing prices will fall by 10 per cent, while research consultants Oxford Economics expects a 12 per cent drop.

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