| Here is our first article in our 4 part series that will | | | | Ok, above are some statistics and property price |
| show you how to use the current property | | | | growth for all property types. Can you spot any |
| market conditions to make immediate profits, | | | | trends in the above figures? Well one trend that |
| create positive cash flow and also how you can | | | | stands out like a sore thumb is that flat prices |
| reduce your overall risks by using sensible | | | | have fallen quite dramatically in the past 12 |
| strategies. | | | | months. Most of the above towns have seen |
| In this first article I want to show you what is | | | | large falls or negligible growth which indicates that |
| happening in the UK property market and tell you | | | | demand for flats is falling possibly due to an over |
| what areas are seeing growth, what properties | | | | supply of new build flats in many towns and cities |
| are seeing rises and falls and areas that would be | | | | across the UK. So my advice is to avoid investing |
| worth investing in. | | | | in new build flats unless you spot an amazing deal |
| Ok, below are some statistics for property price | | | | that you cannot refuse. |
| growth and sales figures for some of our largest | | | | Right, I will now give you some recommendations |
| towns and cities, which will show you exactly | | | | of where I feel will be the best places to invest in |
| what is going on out there; | | | | the next 12 to 18 months... |
| London Statistics | | | | My first recommendation has to be Scotland. This |
| Property Price Inflation | | | | bonny part of the British Isles has been out |
| Detached ; -4% | | | | performing the UK property market for a number |
| Semi Detached ; +12% | | | | of years with inflation busting property prices |
| Terraced ; +23% | | | | increases and strong rental returns. Many parts of |
| Flat ; +7% | | | | Scotland have seen strong growth over the past |
| All ; +13% | | | | 12 months but the star of Scotland has to be |
| Latest Monthly Change Jan/Feb 2008 - +1.5% | | | | Aberdeen which saw growth of about 29% in the |
| Sales have fallen by around -30% in the past 12 | | | | past 12 months. And although the Scottish |
| months | | | | property market is cooling now, I expect many |
| Birmingham Statistics | | | | areas to post growth of at least 5% throughout |
| Property Price Inflation | | | | 2008. So my advice is to check out Scotland. |
| Detached ; +16% | | | | My next recommendation would be to take a |
| Semi Detached ; +4% | | | | look at the small coastal town of Folkestone in |
| Terraced ; +1% | | | | Kent. This small town is seeing massive |
| Flats; -15% | | | | regeneration and redevelopment fronted by multi |
| All ; +4% | | | | millionaire Roger De Haan and this town will be |
| Sales have fallen by around -25% in the past 12 | | | | connected to the high speed rail link into London in |
| months | | | | 2009 meaning that it will become a prime |
| Nottingham Statistics | | | | commuter town. This town also posted some |
| Property Price Inflation | | | | very impressive growth figures in the past 12 |
| Detached ; +5% | | | | months which are as follows; Detached ; +46%, |
| Semi Detached ; +12% | | | | Semi Detached ; +5%, Terraced ; +15%, Flat ; |
| Terraced ; -4% | | | | +32% |
| Flat ; -24% | | | | All ; +17% |
| All ; -1% | | | | Although we don't expect growth to be this high |
| Sales have fallen by about -10% in the past 12 | | | | during 2008, this town has been one of the |
| months | | | | highest performing places in terms of property |
| Liverpool Statistics | | | | price growth in 2008 so it is worth investigating |
| Property Price Inflation | | | | further. |
| Detached ; +29% | | | | My final recommendation would be to look at East |
| Semi Detached ; -4% | | | | London. With the Olympics happening in 2008, |
| Terraced ; +2% | | | | East London is being transformed and hence will |
| Flat ; +1% | | | | become more popular which in theory should push |
| All ; +1% | | | | up property prices. Some areas of East London |
| Sales have fallen by about 20% in the past 12 | | | | posted some very impressive stats last year with |
| months | | | | Hackney posting property price growth of +31% |
| Manchester Statistics | | | | in the past 12 months. This is very impressive and |
| Property Price Inflation | | | | it shows that the demand for property in East |
| Detached ; +24% | | | | London is rapidly increasing. |
| Semi Detached ; +6% | | | | This concludes our first article of our profit from |
| Terraced ; +9% | | | | the credit crunch series. One of the key elements |
| Flat ; -17%% | | | | of successful property investment is to invest in |
| All ; +1% | | | | areas of future growth and spot trends in a |
| Sales have fallen by about 20% in the past 12 | | | | market so that you can capitalise on them. |
| months | | | | |