This calendar week many U.K. newspapers carried a even out close the tape discover of people from London selling their homes in addition to moving to the northward of England. The news was based on a written report past times estate agents Hamptons International claiming that the proportion of London habitation owners selling upwardly in addition to moving to the northward or to the Midlands has tripled since 2010. This may good last truthful merely it doesn't seem to last having whatsoever resultant on the always rising cost of properties inwards the capital.
House Prices: 2010 to Present is an interactive map showing where identify prices accept risen in addition to fallen inwards England in addition to Wales since 2013. The map reveals that at that topographic point are rattling few places inwards London in addition to the south-east where identify prices accept fallen. In the northward in addition to the Midlands, despite all the newly arriving Londoners, at that topographic point are many areas where identify prices accept fallen, although inwards both regions at that topographic point are even so many postcode areas where identify prices accept genuinely risen
The map shows how in addition to where identify prices accept changed since 2013 inwards dissimilar postcode areas. It does this past times comparison the differences inwards the toll of houses that were genuinely sold betwixt 2010-2013 in addition to so sold in 1 lawsuit to a greater extent than since 2014. It thus looks at the changes inwards private identify prices that were genuinely sold twice, in 1 lawsuit inwards each menstruum of time. The resultant shown on the map is the median identify toll autumn or ascent for all such houses inwards a postcode area. If you lot lead a colored point on the map you lot tin dismiss thought the median identify toll for each menstruum inwards the selected expanse in addition to the pct that identify prices accept fallen or risen.
I tin dismiss intend of 1 caveat to the information shown on this map. As the identify toll information is based on homes that accept sold twice inwards a rattling curt menstruum of fourth dimension it may good comprise a large discover of homes which accept been flipped. That is houses that accept been bought relatively cheaply had coin spent on renovations & improvements in addition to so sold at a profit. This mightiness tend to inflate the discover of areas where identify prices accept risen.
