UK_property_values_'slip_to_lowest_for_eight_month ... - Introducer Today
UK property values are at their lowest for eight months, it has been claimed.
Property portal Zoopla has a valuation tool which aims to track the value of every property in the UK, using Land Registry data, to which it applies its own formula.
This week, Zoopla said the tool showed that home values had fallen every month since last July, and that the total decline was 11% – and 18% down from peak.
The Zoopla methodology shows that property values hit a five-year low in February 2009. Property values rose steadily during the rest of 2009 and throughout the first half of 2010 before falling.
All our properties for sale rent in Oxford are advertised on www.zoopla.co.uk our own site at www.oxfordhomesdirect.co.uk
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