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Monday, January 07, 2013

Agent Forecasts Property Price Increases Shock

To be taken with a good pinch
London focused Estate Agent Savills have predicted a surge in London property prices over the next five years. Well,  I'm sure their statistical department have minced the figures, jumped them over hurdles and then whipped them with a birch twig until they complied.

For what they're worth, here's the top 20 areas, and Savills forecast for their five year growth... they might be right.

  1. Westminster - 25.6%
  2. Kensington and Chelsea - 25.6%
  3. Hammersmith and Fulham - 23.7%
  4. Camden - 23.5%
  5. Islington - 23%
  6. Hackney - 21.9%
  7. Wandsworth - 21.9%
  8. Southwark - 21.5%
  9. Lambeth - 21.4%
  10. Richmond - 21.1%
  11. Haringey - 21.1%
  12. Brent - 20.8%
  13. Barnet - 20.7%
  14. Merton - 20.6%
  15. Harrow - 20.2%
  16. Ealing - 20.2%
  17. Lewisham - 20%
  18. Kingston upon Thames - 19.8%
  19. Greenwich - 19.4%
  20. Hounslow - 19.4%

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1 comment:

Anonymous said...

The very fact that Savills quote three significant figures on a five-year prediction shows it is unbelievable pie-in-the-sky.