Current Property Market Analysis

Is now the time to sell your home?

We know from our ‘past property market' analysis that prices over the last few years have hardly fluctuated at all. However, the current market shows prices are softening slightly month on month at the moment, suggesting 2012 is likely to be a quieter year than 2011.

So far we have seen a boost to the year's activities as first time buyers have rushed to purchase properties to avoid paying Stamp Duty between £125,000 and £250,000. We also saw a ‘shock' to London's sales for the first time, as the surprise 7% Stamp Duty for properties over £2 million and for those buying through overseas companies, rush property purchases through to avoid paying tens of thousands of extra tax on property.


READ MORE for the full Current Property Market Analysis

Economy Follows Property Prices into a Double Dip

Economy Follows Property Prices into a Double Dip


Month by month we hear from lots of different property price reports, some saying prices are rising, some falling. For anyone who's a first time buyer, looking to trade down or invest in property, conflicting headlines are confusing and generate additional stress at a time when there is already plenty to worry about.

This property price report is unique in that it reviews all the different property price reports from the prospective of someone carrying out a property project, giving advice to help work out, from a market perspective, whether now is a good time to buy, sell, build, invest or even carry out a renovation project. 

READ HERE For my full Past Property Price market analysis

Past Market Performance: Property Prices Start to Freeze

House Prices for 2011

Recent property price reports which measure what's happened to property prices in the past suggest that 2011 was a year where prices rose until the summer, then dropped back again, in the main to slightly lower than 2010 prices.

Volumes year on year are down, only by less than 1%, but this, along with other data suggests market volumes are weakening. This is significant for those looking to sell this year as lower volumes typically mean prices are likely to fall in the coming months. Back during the market heights, the average monthly volume in England and Wales was approximately 89,000 sales per month. At its lowest in 2009, the average monthly volume was 52,000 - a fall of 40%. Current volumes are running higher, but not by much: 60,000. This still represents 30% fewer homes being sold versus 2007.

READ ON for a Full Summary of House Prices 2011