The 10 Best House Price Docklands Post Codes
THE Times features the 10 places where house prices are likely to fall the most:
The 10 places where house prices are likely to fall the most
Buy-to-let areas such as the Docklands, east London.
Prediction: Prices to fall another 18 per cent.
Landlords have been amongst the hardest hit by the credit crunch. A total of 4,000 buy-to-let homes were repossessed last year, compared to 2,000 the year before, according to the Council of Mortgage Lenders.
Got that?
The 10 towns where house prices will bounce back first
E14 - Docklands/Isle of Dogs
Property prices in the docklands area of east London, home of Canary Wharf, are expected to bounce back in the next year as demand for flats near the huge office complex on the Isle of Dogs remains high. House prices climbed 13.2 per cent in the last year and 2.4 per cent in the last month. The average price, according to Rightmove, is now £448,071, compared to £395,648 in January 2008.
More investment tips to follow…
Posted: 24th, February 2009 | In: Money Comments (2) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink
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February 24th, 2009 at 4:12 pm
Well, here in the City we are still getting begging letters from estate agents; I assume that they are trying to find accomodation for all the insolvency practitioners who will be quids in if anyone actually follows the advice in the Times…
February 24th, 2009 at 3:23 pm
I’m glad I put my money in the Talk of the Towy Executive Flatlets in Carmarthen. There will always be a market for them