Marsh & Parsons respond to Land Registry
Peter Rollings, managing director of Marsh & Parsons said: "This is such a small change it’s practically negligible. This is a bathtub-shaped slump and at the moment we are still bouncing along the bottom. We aren’t going to see any big improvements this year and these small changes – up or down - will continue for another six months. At the moment, we are looking at some recovery in prices around next spring and that’s when we’ll finally start climbing out of the proverbial bathtub. Until then, we’ll continue to see small movements in average prices - although they may begin to start creeping up towards the end of the year."
May 2009: 243.8
(January 1995:100)
Average price: £152,497
Monthly change: -0.2%
Annual change: -15.9%
For more information, contact:
James Staunton, Wriglesworth Consultancy 020 7427 1404
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