£1,000,000 + house in Coventry !!!!
Discussion
REUTERS ANNOUNCED TODAY : Sharp rise in million-pound house sales
LONDON (Reuters) - The number of British properties sold for more than 1 million pounds has surged in the first six months of 2004 after a fall in 2003, mortgage lender Halifax says.
The research, which used official Land Registry house sale data, showed sales of million pound-plus properties were 61 percent higher in the first half of the year than in the same period a year earlier.
"The very top end of the housing market has strengthened," Halifax's Chief Economist Martin Ellis said in a statement on Saturday.
"While a small number of areas in London continue to account for the overwhelming majority of 1 million pound sales, the incidence of properties valued above the 1 million threshold continues to spread across the country."
Almost two-thirds of million pound-plus sales in the first half of the year were accounted for by properties in London, but areas outside the capital also made their mark.
The districts of Barnsley, City of Nottingham, COVENTRY , Craven, Dover, Exeter, Forest of Dean, Northeast Lincolnshire, Teesdale and West Lothian all recorded their first house sales of over 1 million pounds during the period.
Britain's once-booming housing market has cooled in recent months. Monday's survey from the Royal Institution of Chartered Surveyors showed UK house prices fell at their steepest pace in 9 years in the three months to September.
Blimey !! - what's the world coming to !!
LONDON (Reuters) - The number of British properties sold for more than 1 million pounds has surged in the first six months of 2004 after a fall in 2003, mortgage lender Halifax says.
The research, which used official Land Registry house sale data, showed sales of million pound-plus properties were 61 percent higher in the first half of the year than in the same period a year earlier.
"The very top end of the housing market has strengthened," Halifax's Chief Economist Martin Ellis said in a statement on Saturday.
"While a small number of areas in London continue to account for the overwhelming majority of 1 million pound sales, the incidence of properties valued above the 1 million threshold continues to spread across the country."
Almost two-thirds of million pound-plus sales in the first half of the year were accounted for by properties in London, but areas outside the capital also made their mark.
The districts of Barnsley, City of Nottingham, COVENTRY , Craven, Dover, Exeter, Forest of Dean, Northeast Lincolnshire, Teesdale and West Lothian all recorded their first house sales of over 1 million pounds during the period.
Britain's once-booming housing market has cooled in recent months. Monday's survey from the Royal Institution of Chartered Surveyors showed UK house prices fell at their steepest pace in 9 years in the three months to September.
Blimey !! - what's the world coming to !!
Lois-PIE said:
Cos they know I'll be gracing them next month! lol!
Yep Lois, I thought of you when posting this. You're going to have to give PHers a Traveller's guide to Coventry upon your return you know.
Trouble is, are you going to be able to come up with more than just 3 words ? (& no, you can't just say
sh.t hole, that would be a bit of a cop out !) >> Edited by 55jnj on Saturday 23 October 16:56
55jnj said:
The districts of Barnsley, City of Nottingham, Coventry, Craven, Dover, Exeter, Forest of Dean, Northeast Lincolnshire, Teesdale and West Lothian all recorded their first house sales of over 1 million pounds during the period.
Surely thats more surprising as every one knows we're all gun toteing gangsters up here
raceboy said:
55jnj said:
The districts of Barnsley, City of Nottingham, Coventry, Craven, Dover, Exeter, Forest of Dean, Northeast Lincolnshire, Teesdale and West Lothian all recorded their first house sales of over 1 million pounds during the period.
Surely thats more surprising as every one knows we're all gun toteing gangsters up here
I'm not going to be drawn into that - I think it's probably a bit too much of a sensitive issue at the moment.
But to lighten up, heh come on, Coventry ? £1,000,000 + houses ?, have you been to Coventry ?
>> Edited by 55jnj on Saturday 23 October 18:49
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