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Halifax Estate Agents have published their UK property hotspot statistics showing the top 10 towns in Britain for housing price growth in 2007 and making predictions for 2008. In general terms they predict zero house price growth in Britain for 2008 with regionally, small gains in southern England and Scotland and a modest fall in prices in northern England and the midlands.
UK Property Hotspots 2007
Town |
Region |
Average Price 2006(£) |
Average Price
2007 (£) |
% Change
2007 |
Montrose |
Scotland |
123,494 |
172,156 |
39% |
Winchester |
South East |
290,649 |
399,765 |
38% |
Billericay |
South East |
268,198 |
363,265 |
35% |
Peterhead |
Scotland |
118,133 |
156,875 |
33% |
Stourbridge |
West Midlands |
200,904 |
264,130 |
31% |
Ryde |
South East |
163,629 |
212,564 |
30% |
Henley on Thames |
South East |
497,374 |
642,672 |
29% |
Inverurie |
Scotland |
179,360 |
231,623 |
29% |
Greenock |
Scotland |
109,313 |
140,512 |
29% |
Southwark |
London |
290,414 |
367,306 |
26% |
Predicted Property Hotspots 2008
Town |
Region |
Average Price
£ |
Current % difference to regional average |
Lochgelly |
Scotland |
118,838 |
-31% |
Paisley |
Scotland |
140,338 |
-19% |
Greenock |
Scotland |
140,512 |
-19% |
Aberdeen |
Scotland |
202,755 |
17% |
Hackney |
London |
361,179 |
-2% |
Chatham |
South East |
195,211 |
-31% |
Dartford |
South East |
217,279 |
-24% |
Liverpool |
North West |
155,353 |
-11% |
Newport |
Wales |
146,467 |
-11% |
Pontypool |
Wales |
148,596 |
-10% |
The full Halifax report is available here.
29 December 2007
Author: Katie Morgan
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