Tag: Zoopla

House prices down 1.3% in 2011

House prices down 1.3% in 2011

Mortgage lender the Halifax claims that house prices fell by 1.3 per cent last year to an average of £160,063, their lowest level since July 2009. According to the Halifax House Price Index, house prices fell 0.9 per cent in December, compared with the previous month. Although prices rose in the third quarter of 2010, [...]

January 6, 2012 | 0 Comments More
Rental costs fell in November

Rental costs fell in November

LSL Property Services, which includes Your Move and Reeds Rains, announced a 0.4 per cent drop in rent for a ‘typical’ property to £717 in November. Rents have been rising throughout the year, driven by increased demand from people unable to afford to buy a propert and November’s decline marked the first fall in rent [...]

December 16, 2011 | 0 Comments More
Research shows losses made on property since 2006

Research shows losses made on property since 2006

According to research from property website Zoopla, around 80% of properties acquired since 2006 are now worth less than their purchase price. However, 89% of homes bought since the housing market peaked in 2007 are also worth less than homeowners paid for them with the problem particularly bad in the North East. In the North [...]

June 22, 2011 | 0 Comments More
Housing market confidence falls to two-year low

Housing market confidence falls to two-year low

A survey of 5,287 homeowners by online property website Zoopla.co.uk has revealed housing market confidence is at a two-year low. More than half (54%) of those questioned said they expect house prices to rise over the first six months of 2011 - this is down from the 81% reported this time last year. The website’s [...]

January 10, 2011 | 0 Comments More
UK’s million pound properties slide away

UK’s million pound properties slide away

November 4, 2009 | 0 Comments More
UK residential property loses £1bn a day

UK residential property loses £1bn a day

Zoopla.co.uk, the property valuation website, is suggesting that UK residential properties have lost a combined £300 billion in value since the housing market peaked, in September 2007. The firm’s database contains details of 26 million dwellings and the estimate of each property’s value is based on a variety of factors including current asking prices, property [...]

June 16, 2008 | 0 Comments More