We can never get a true picture locally of house price’s gains or losses, because there is not enough data from the local agents.
But of course, if I was really keen, I could to the land registry, but that far too much work.
However, if you want to do some digging around, check this out http://www.landreg.gov.uk/houseprices/
Here is the latest information from the NationWide building society in relation to house prices nationally.
Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said:
“House prices increased by 0.3% month-on-month in February, leaving prices 0.1% lower than the same month a year ago. The overall picture is still one of a market treading water. Indeed, the three month on three month measure of house prices, a better measure of the underlying trend, was basically flat in February at -0.1%.
“This shouldn’t come as too much of a surprise. Housing market trends are closely linked to wider economic prospects. Given that the recovery hit a soft patch at the turn of the year and looks set to remain sluggish in the year ahead, the property market is likely to follow suit, with relatively low transaction levels and prices moving sideways or modestly lower through 2011.
