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The UK\u2019s 28.6 million homes grew in value by almost \u00a31.4 billion per day in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-324","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5e","jetpack-related-posts":[{"id":42515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-is-still-top-for-chinese-buyers-with-a-few-differences\/","url_meta":{"origin":324,"position":0},"title":"UK property is still top for Chinese buyers, with a few differences","date":"February 1, 2017","format":false,"excerpt":"\r China\u2019s HNWI continue to snap up London real estate at the lowest prices in a decade London\u2019s still got it, but the areas outside the cookie cutter are seeing more Chinese interest. Image: emka74\/Shutterstock With a population of 1.4 billion, China presents a huge opportunity for UK property investment.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40814,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-homeowners-shy-away-from-selling-amid-challenging-conditions\/","url_meta":{"origin":324,"position":1},"title":"London homeowners shy away from selling amid challenging conditions","date":"January 16, 2017","format":false,"excerpt":"\r London home owners are showing a \"marked reluctance\" to put their property up for sale, deterred by uncertainty caused by the looming Brexit process and an increase in tax, according to Rightmove.While the average asking price of a property in the capital rose 1.4 percent in January to 624,953\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":322,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/england-and-wales-property-prices-up-0-4-month-on-month\/","url_meta":{"origin":324,"position":2},"title":"England and Wales property prices up 0.4% month on month","date":"December 30, 2015","format":false,"excerpt":"\r Property prices in England and Wales increased by 0.4% in November month on month and are up 5.6% year on year, according to the latest official data from the Land Registry.This take the average property price to \u00a3186,325 but there is considerable variations on both prices and price growth\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144413,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/insurer-warns-owners-of-saltburn-effect-from-using-stately-homes-for-filming\/","url_meta":{"origin":324,"position":3},"title":"Insurer warns owners of \u2018Saltburn effect\u2019 from using stately homes for filming","date":"May 17, 2024","format":false,"excerpt":"\r Owners of historic buildings used in likes of Bridgerton warned of potential damage to possessions and reputationsWhen the owner of Drayton House in Northamptonshire was approached to allow his 127-room mansion to be the location of a film called Saltburn, it was \u201c100%\u201d the generous fee on offer that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74230,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rightmove-predicts-1-rise-in-uk-house-prices-in-2018\/","url_meta":{"origin":324,"position":4},"title":"Rightmove predicts 1% rise in UK house prices in 2018","date":"December 11, 2017","format":false,"excerpt":"\r Property website says 2% price falls in London will be offset by increase in value of homes elsewhereRightmove is predicting that house prices across England and Wales will rise by 1% in 2018, but there will be a further decline in London. 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\n The UK\u2019s 28.6 million homes grew in value by almost \u00a31.4 billion per day in 2015 with Brentford, West Drayton and Thame seeing the largest increases, new research shows.Brentford in London saw prices increase by 24% and West Drayton and Thame both by 17%, according to the data from property website Zoopla, while Wales saw the lowest prices gains at 2.2% over the last 12 months.The figures show that homes are now worth a combined \u00a37.76 trillion with the total value of residential properties up by 7.2% or \u00a3519 billion in 2015. This means that the average British property is now worth \u00a3290,827.Home owners in London have seen the highest price growth in 2015 of any region, with an 11.8% annual uplift. The East of England follows closely with an 11.6% rise, up from 9.6% during 2014. However, property owners in Wales and Scotland saw the lowest growth in house prices in the last 12 months, with values rising just 2.2% and 2.7% respectively. London, Edinburgh, and Bristol were the top three most searched for locations by British house hunters on Zoopla in 2015. Northern areas also performed well, with Glasgow rising in the rankings, moving from sixth place in 2014 to fourth place this year, while Leeds broke into the top 10, coming in eighth. Amongst the most popular keyword searches over the past year were \u2018bungalow\u2019, \u2018cottage\u2019 and \u2018village\u2019, with aspirational property also searchers for homes offering a \u2018pool\u2019 and a \u2018sea view.\u2019 \u2018Whilst the property market typically slows at this time of the year, prices have performed well in 2015, with some standout towns such as Brentford faring particularly well. Regions like East Anglia continue to boom as professionals and families seek out properties beyond the London commuter belt,\u2019 said Lawrence Hall of Zoopla.\u2018Even regions like Wales, where growth has typically been very incremental, have totalled respectable annual growth rates. Of course, to every silver lining there must be a cloud and the price rises we\u2019re seeing do make it harder for those looking to take their first step onto the ladder,\u2019 he pointed out.\u2018But with Government Help to Buy schemes still in place and the promise of new homes to ease demand both buyers and sellers should have at least some reason to be upbeat as we go into 2016,\u2019 he added.
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\nSource : propertywire.com
\nRead more…UK home values rose almost \u00a31.4 billion per day in 2015<\/a><\/p>\n