Other Sections Related to Property
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This page covers the Average Price of houses in each
county in the UK for June 2004
Bedfordshire Average Price of a house £175,400
Berkshire Average Price of a house £237,564
Bristol Average Price of a house £166,748
Buckinghamshire Average Price of a house £284,802
Cambridgeshire Average Price of a house £182,771
Carmarthenshire Average Price of a house £112,111
Ceredigion Average Price of a house £142,131
Cheshire Average Price of a house £169,758
Cleveland Average Price of a house £98,295
Conwy Average Price of a house £138,315
Cornwall Average Price of a house £188,276
Cumbria Average Price of a house £125,795
Denbighshire Average Price of a house £123,623
Derbyshire Average Price of a house £135,043
Devon Average Price of a house £199,060
Dorset Average Price of a house £216,160
Durham Average Price of a house £100,078
Essex Average Price of a house £197,767
Flintshire Average Price of a house £126,130
Gloucestershire Average Price of a house £190,703
Gwynedd Average Price of a house £123,385
Hampshire Average Price of a house £213,769
Herefordshire Average Price of a house £188,892
Hertfordshire Average Price of a house £237,026
Isle Of Wight Average Price of a house £173,463
Kent Average Price of a house £195,260
Lancashire Average Price of a house £116,897
Leicestershire Average Price of a house £160,361
Lincolnshire Average Price of a house £110,170
London Greater Inner Average Price of a house £280,431
London Greater Outer Average Price of a house £280,431
Manchester Greater Average Price of a house £118,093
Merseyside Average Price of a house £114,596
Monmouthshire Average Price of a house £182,493
Norfolk Average Price of a house £155,870
Northamptonshire Average Price of a house £150,862
Northumberland Average Price of a house £136,184
Nottinghamshire Average Price of a house £138,011
Oxfordshire Average Price of a house £238,089
Pembrokeshire Average Price of a house £139,392
Powys Average Price of a house £149,434
Rutland Average Price of a house £210,592
Shropshire Average Price of a house £167,802
Somerset Average Price of a house £177,065
Staffordshire Average Price of a house £145,899
Suffolk Average Price of a house £164,690
Surrey Average Price of a house £300,647
Sussex East Average Price of a house £193,356
Sussex West Average Price of a house £214,230
The Vale Of Glamorgan Average Price of a house £156,882
Tyne and Wear Average Price of a house £119,238
Warwickshire Average Price of a house £179,036
West Midlands Average Price of a house £135,660
Wiltshire Average Price of a house £198,035
Worcestershire Average Price of a house £179,991
Yorkshire East Average Price of a house £140,309
Yorkshire North Average Price of a house £181,815
Yorkshire South Average Price of a house £111,947
Barnsley Average Price of a house £100,129
Yorkshire West Average Price of a house £121,894
Interest Rates changes over 20 years
The mortgage interest rate is based on the Bank of England
Base Rate + between 1.5% and 2%
Over the last 20 years there has been some wild
fluctuation in the interest rate
between 5% interest rate for the whole year in
2002 and 15.4% in 1990
What do these wild fluctuations mean to you as
a borrower of a mortgage
£100,000 mortgage ( repayment mortgage )
monthly repayments ( 25 years ) at 5% == £591.27
£100,000 mortgage ( repayment mortgage )
monthly repayments ( 25 years ) at 10% == £918.06
£100,000 mortgage ( repayment mortgage )
monthly repayments ( 25 years ) at 15.4% == £1320.10
The above explains why in 1990 there was a slump in
UK house prices as people
were having trouble keeping up with their mortgage
If nothing else this should highlight that
you should remember that if interest
rates change due to circumstances beyond your control
YOU WILL HAVE TO FIND SIGNIFICANT INCREASES
IN MONTHLY PAYMENTS
The UK Governments Financial Services Authority
Monthly Mortgage Payments
The BBC Mortgage payment calculator
Most Popular Page for Each County / Area
Mortgage
Mortgage payments
Major Utilities
GAS
Electric
Phone
Cable
Loans
Credit Cards
Car Loans
Personal Loans
Overdrafts
Insurances
Buildings insurance
Contents insurance
Dependent on mortgage type endowment
Car running or transport costs
Petrol
Insurance
Maintenence
Car loan repayments
And I suppose you had better eat to stay fit
enough to go to work to pay all these bills
Food
Entertainment
etc
How much in expenses costs when moving house
House Movers
Removal companies will move you and can provide a full
range of services including
Renting you the crates
Packing services
and of course
Moving your furniture and positions from one home to another
It is impossible to provide an idea of costs due to
the variables involved
distance, amount of furniture etc.
but make sure you obtain 3 quotes and also check for
references and their insurance coverage
Reconnection / disconnection of services
You may possibly need to pay for disconnection of
services at your old home
and reconnection of services at your new home
Telephone , Electricity, Gas , Cable, etc.
Also remember to inform local authority re: council tax
Insurances
You will need insurance for the following often
required my the mortgage lender as a condition of
supplying a mortgage
Buildings insurance premiums
Contents insurance premiums
Carpeting furniture / fixtures and fittings
An important part of buying a house is to check
fully fixtures and
fittings included in the sale
I.E
Carpets
Curtains
Kitchen ( cooker fridge etc. )
These can be a big problem if you have not checked
and made assumptions
to your expenses when buying a house
