Good News For Us

Musings of a London Property Search Agent

The Land Registry released it’s house price data for November on the 30th December and given the dire predictions which have dogged the property market all last year, it was good news.

Prices are down in London 10% and in the South East, Bucks, Beds, Berks, Sussex, Hampshire, Kent by between 7% and 12%.  Not bad, considering some were expecting falls of 40% by August last year. 

To date, Ealing, Lambeth, Richmond, Waltham Forest and Wandsworth are performing worst in London, with all seeing double digit price falls since November 07.  Barking and Dagenham, Bexley, Greenwich, Harringey, Harrow, Hillingdon and Westminster have barely noticed a difference in price according to the stats, with all registering price falls of less than 5%.  Kensington and Chelsea is down 6.2%.

We know we can negotiate substantial price reductions in Westminster and Kensington and Chelsea, so these stats show that not everybody is buying effectively. 

If you need a London property this London Property Search Agent who will make sure you don’t pay over the odds, call us now on 020 7923 7564.

Technorati Tags: London Home Finders, London House Prices, London Property Search Agent, London Propery Finders, London relocation agents, negotiating London house prices, negotiating property prices

Tags: London Home Finders, London House Prices, London Property Search Agent, London Propery Finders, London relocation agents, negotiating London house prices, negotiating property prices