Want to know what's REALLY happening to property prices? Wondering why people are talking about a house price bubble when you can't sell your property?

Interested? read the summary below.............. or download the full Property Price Report!

It's now been 5 months since the first talk of a housing bubble and although prices are going up in some areas - it doesn't necessarily mean all is well if you are selling and it certainly doesn't mean you should 'panic buy' if you are looking to purchase your next home. In my indepth analysis it appears that most of the property price growth is in areas which are 'equity rich'. In other words people are buying with cash, or they are buying with big deposits. 

London - as with the UK, some areas are doing well, some aren't!

Other areas in London are also performing quite well. Areas such as Kingston upon Thames and Haringey are seeing prices recovered to 2007 levels and this year rising by around 7% - scary if you are thinking of buying, but we tend to see prices rise quickly for a couple of years after recovery, then they tend to slow down.

However, even London isn't doing 'bubbling' everywhere! Newham and Barking and Dagenham still have up to 15% price recovery before they reach the same heights as seen in 2007.

What's happening in your local market?

And around the rest of the UK, we see areas such as Brighton doing well, while Liverpool and Northern Ireland prices are still falling, so no real sign of recovery 'on average'. However, what's happening to property prices is very much based on the local economy, the property tyep and postcode, so it's worth reading my latest write up to help you work out what's happening in your local market.