UK House Prices - Use the data to save you money
Both sellers and buyers can benefit from tracking house prices data
House prices reports never seem to agree. In practice these differences are helpful.
Some reports show asking prices, some sale agreed prices, and others final sold prices.
An overview can give you valuable information to help you make or save money.
What is happening with house prices?
House price statistics can give confusing market signals because they only provide a snapshot view of the market at one particular point in the selling/buying cycle.
The fact sellers ask more (Rightmove reports only asking prices) doesn't necessarily mean the prices will be achieved. And the picture varies regionally.
Interest rates are lower but borrowings higher. A rise in interest rates could have a major impact on buyers with large mortgage repayments and on prices. But is this likely? Predictions vary.
Other outgoings are rising sharply, with more in the pipeline, including Council Tax and energy costs.
Conflicting headlines indicate one thing. No one is absolutely certain in the short to medium term. When buying or selling you need to know you local market before making decisions on price.
Go to page House prices news
Buyers
Should you buy a home now or wait? Which is best financially?
If you want to pay the lowest price you need to know the market. More on market research www.first-time-buyer-advice.co.uk 
- Some homes for sale may be overpriced
- There'll be home owners who must sell, and will bargain
- You need to research your local market for 3 months+ to build a full picture of how easily homes are selling and prices
When you know about UK house prices, you'll know when to drive a hard bargain
To spot home buying opportunities follow national house price trends and get to know local prices. Go to the page buy now or wait
You'll find more home buying advice on the Estatesforum.co.uk community site click researching the market - and for free information about UK house prices by postcode - UK house prices information (links open in a new window)
Search prices by address at Our Property prices by address
Sellers
Is selling taking too long? Would a different approach pay big dividends?
You want the best price and not to undersell. But what if nothing's happening? Do you wait and hope? Or reduce the price?
Could a reduced price be a benefit and not a cost? Review local UK house prices
You could turn a tough property market to your advantage.
- When selling is difficult, it's usually down to price.
- This also applies to the home you buy. You could drive a hard bargain.
- Sell for less, buy for less. Aim to gain more than you lose.
It could be a winning combination financially go to page sell now or wait
Is a property a shortage driving up prices where you are?
Is now a good time to sell? A shortage now followed from more properties being sold than avergage late last year, early this year.
As the year progresses, if more sellers put their properties on the market, price rises could slow down. how much to sell for
