UK Landlord Forum / Life

House prices have risen by 179% over the past ten years from an average price of £70,000 in late 1997 to £195,000 today. Regionally, modest price growth is expected across southern England and in Scotland during 2008. Worsening affordability and weakening economies will cause a modest fall in prices in northern England and the midlands.

However, with the possibility of a slow year in house prices, Halifax has identified ten likely property 'hotspots' for 2008.
10 Towns with Anticipated Highest House Price Growth in 2008

1 - Lochgelly, Scotland
2 - Paisley, Scotland
3 - Greenock, Scotland
4 - Aberdeen, Scotland
5 - Hackney, London
6 - Chatham, South East
7 - Dartford, South East
8 - Liverpool, North West
9 - Newport, Wales
10 - Pontypool, Wales


Unfortunately, I wouldn't invest in Scotland or Wales. I've mentioned Hackey before, though...

Dartford???

don't go there.


V

What's up with Dartford, V?

Quote from: propertyfag on January 03, 2008, 07:34:55 PM
What's up with Dartford, V?

The only good thing to come out of dartford is the tunnell!!

Quote from: propertyfag on January 03, 2008, 03:35:28 PM
House prices have risen by 179% over the past ten years from an average price of £70,000 in late 1997 to £195,000 today. Regionally, modest price growth is expected across southern England and in Scotland during 2008. Worsening affordability and weakening economies will cause a modest fall in prices in northern England and the midlands.

However, with the possibility of a slow year in house prices, Halifax has identified ten likely property 'hotspots' for 2008.
10 Towns with Anticipated Highest House Price Growth in 2008

1 - Lochgelly, Scotland
2 - Paisley, Scotland
3 - Greenock, Scotland
4 - Aberdeen, Scotland
5 - Hackney, London
6 - Chatham, South East
7 - Dartford, South East
8 - Liverpool, North West
9 - Newport, Wales
10 - Pontypool, Wales


Unfortunately, I wouldn't invest in Scotland or Wales. I've mentioned Hackey before, though...

Why wouldn't you invest in Scotland - is it that you like to keep your investments close by- which I can understand. However, I am investing in 2 in Scotland and 2 in Birmingham - and will keep an open eye on other areas, I think home counties will do well, commuter belt where people cant afford London pricing, Hertford etc

It's the distance thing, innit!

If something goes wrong, I don't think i'll have the time to attend to it. I'm cynic.

yes, but they do a mean deep fried mars bar!! Also on a plus they have just been awarded commmonwealth games which I think will have a positive on the housing market

Those deep fried heart-disease sticks are popular everywhere in the North of England, not just Scotland.

That's another reason not to invest in those parts as far as i'm concerned.

Good call hopson,

I would look at Wales hard, i have always said wales is a good place buy.  Liverpool is on there again, i always thought Liverpool was a good place to buy, its been an investers paradise for years the same as Manc.  I wish i had brought by the Liverpool locks when i had the chance, dam the future ! lol

Yeah, Liverpool wouldn't be a bad place to invest. Aren't they building the super casino there?

It takes me back to topic * when does a city or place become trendy or the next step up from trendy mega trendy *, i think Liverpool is taking on the status as a mega trendy city, this is why its a good place to buy,  Wealth is always going to spread out from London dont you think,  Maybe its reached as far as Liverpool.  If spreading wealth is the key then maybe we should be looking to invest in places like Newcastle and leeds etc !!!!,  What do you think maybe there is something in this spreading wealth !

Wealth is spreading and people are realsiing that bricks and mortar are here to stay, someone told me their criteria was regional capitals, ie, Glasgow for Scotland (ish) Manchester for North, Birmingham Midlands etc, also what is investment in travel infrastructure, airports, roads, boats, etc, finally look at the universitys - good strong universities will have a high percentage of graduates stay in region, hence demand for property - makes sense to me and I apply these principals now -
Also told Bristol is one to watch

Yes i heard Bristol as well,
There are some south coast holiday hotspots as well,  One that springs to mind is West bay Near Bridport in Dorset.  I went and had a look at a new development there last year,  A fancy block right in the harbour, but to be honest i thought it spoilt the place.  But hey they are spending millions on the place.  I was told that some people commute to London from there !,  There is no end in sight.

Quote from: Badger on January 04, 2008, 12:28:39 PM
Yes i heard Bristol as well,
There are some south coast holiday hotspots as well,  One that springs to mind is West bay Near Bridport in Dorset.  I went and had a look at a new development there last year,  A fancy block right in the harbour, but to be honest i thought it spoilt the place.  But hey they are spending millions on the place.  I was told that some people commute to London from there !,  There is no end in sight.

mm, but what are the mars ars like!!