Quote Search
Car Insurance Travel Insurance Home Insurance Life Insurance Health Insurance
Keyword Search
Articles

AA

Abbey National

Admiral

Alliance & Leicester

AXA

Banking

Barclaycard 

Barclays 

Bradford and Bingley

Cahoot

Churchill 

CIC 

Confused.com 

Cooperative 

Cornhill Direct

Credit cards

Debt

Direct Choice 

Direct Line 

Egg 

Endsleigh 

Esure 

Finance Features

General finance

Halifax 

Hastings Direct 

Housing Market

Housing market

HSBC 

Insurance

Insure.co.uk 

Kwik Fit 

Labworks

Legal and General

Liverpool Victoria 

LloydsTSB 

Loans

Loans

Lombard Direct 

Mastercard

Mint

More Than 

Mortgages

Nationwide

NatWest 

NFU Mutual 

Norwich Union 

Other

Pensions

Personal loans

Post Office

Products

Providers

Prudential 

RAC 

Saga 

Sainsbury

Smile

Swinton 

Tesco 

Woolwich

Zurich
Sections

Car Insurance

Travel Insurance

Home Insurance

Life Insurance

Health Insurance

Personal Finance News

Copyright Notice
As Featured on NewsNow

UK house prices tracked since 1970

New research from Halifax has indicated that UK house prices have risen by 35 times since 1970. For Londoners this increase stands at more than 40 times.

Over the same period inflation has seen the value of the pound fall by less than ten times.

The research shows that the average house price stood at £172,788 at the end of 2004, compared to just £4,874 in 1970.

Commenting on the research, the chief economist at Halifax, Martin Ellis said: "Homeowners have seen good rates of house price increases under both main political parties, just as they have seen real house price falls under both governments."

Although the market has seen house prices rocket over recent years the greatest annual rates of increase since 1970 was a 13 per cent rise between 1970 and 1974.