Thoughts from our Property Gurus

Average sold prices drop

by Adrian Black, Thursday 18 December 2014

Average sold prices have been dropping in our London areas since peaking in July (see the graphic below, the data is correct up to the first two weeks of October). The recent stamp duty changes will cause further price falls as it has essentially increased the cost of buying property in our areas.

Average sold prices can be substantially effected by the mix of property sold - a very highly priced sale will increase the average for example.

Sold price trends will be affected by the category of property sold, as we have highlighted several times. For detailed information use

Also as this will be the last Thursday blog before Christmas - a very merry Christmas to all and best wishes for a happy, healthy and prosperous 2015.

Average Price Dropping In 2014.


Sign up for the latest posts via RSS

Curious about the value of your property?

Get a free, no-obligation valuation and receive a YOUeye report for your property and local area.