As per Catflap's suggestion, I thought it would be easier to keep at least last year's figures for reference here, so that it's easier to compare. I also plan to put up the monthly averages here, so we can compare like for like over the year.


2007 Data:

Monthly Averages (all percentages)

Date__< 120K__120 - 160 k__160 - 250k__New__New Price__No chain__< 250k
Jan_____3.9______17.8________52.67___24.54___3.08______13.76____74.43
Feb ____3.4______17.69_______52.89___25.97___5.03______15.1_____74.05
Mar____3.04_____18.07_______52.6_____25_____6.44______14.45____73.7
Apr____2.98_____16.29_______49.18____28.08___6.92______15.33____68.45
May____3.26_____16.78_______49.58____31.19___6.2_______15.41____69.61
June____4.16_____17.84______49.48_____24.72____9_______16.96____71.48
July_____4.94_____17.52______49.7______22.08__9.88______18.16____72.16
Aug_____5.86_____17.62______51.46_____23.04__11.14_____16.46____74.94
Sept ____4.84_____18.83______52.08_____22.17___12.02____18.01____75.75
Oct_____5.91______20________50.18_____19.84____17.82____17.04___76.09
Nov_____4.67_____16.5_______47.44_____16.5_____9.64_____18.54___68.61
Dec _____7.07_____21.93______48.58_____17.84____8.06____15.25___77.57


Annual Average:

Annual___4.52______18.23_____50.69_____23.78____9.34____16.22____73.44

(The annual averages are slightly different to that posted on the long thread, as I was being blonde and missed off a week in December...)

The HIPs debacle in May changed matters quite significantly - particularly the influx of "New" houses coming onto the market, and then a distinct upturn in the number of new price labels in the months after.

Edit to try and make all the figures go in nice neat lines as I thought they would have anyway, apologies for the lines, but the tab button ne marche pas.

Good work - keep it up. I must admit I'm very surprised that the EDP property sup is still 105 pages. Is it my imagination or are there more "quality" properties and holiday homes coming onto the market? The well off bailing out? Last time local property crashed one of the factors was the sudden absence of the "London buyer", could this be happening again?

Bob - Interesting thoughts - maybe better posted on the long Norwich thread to get more response. I use the Norwich Evening News supplement for my tally, so miss out on a lot of the holiday homes - the only ones that routinely advertise are Keys - they cover Cromer/Sheringham way and there's another lot that advertise about every other week or so from Gt Yarmouth etc, (don't see many north Norfolk properties at all in the paper) and yes, the properties round there are really sticking. Some are way overpriced (the obvious holiday ones), and others seem a bargain in comparison - although, that's just my perception, I don't know the market well enough out that way to really be able to comment!

As for the more quality homes - TOPS prestige section has increased it's number of houses recently (used to just be 9 on a double page spread, now it's 22), so yes, although their idea of prestige has gone down a little too

Excellent work W&S - it's all going the right way and these figures do tell the story. There is a bigger percentage of properties for sale each month in the 'under £120k' bracket and '£120k to £160k' bracket each month - the trend is up, whilst there is a gradual fall in the number of properties in the '£160k to £250k' bracket - the trend is down.

If you plotted the data you have now you would have a trend line which would give an idea where we will be in 1 years time. What amazes me is the percentage of 'No chain' properties at 16.22% - that's 1 in every 6 properties on the market which seems high. There's also a bigger percentage of sellers having to reduce the price now compared to the first few months of last year before the market had peaked.

I'll just put the monthly averages in, together with last years averages for the same month, and last year's overall averages, so it's easy to compare and contrast:


__________<120k___120-160k__160-250k__New__New Price__No Chain___<£250k
Jan '08 Ave__6.64____26.01______45.78___19.87___12.1______19.64______78.43
Jan '07 Ave__3.9_____17.8_______52.67___24.54___3.08______13.76______74.43
2007 Ave___4.52____18.23_______50.69___23.78___9.34______16.22_____73.44

I'll let the numbers speak for themselves

It's the end of February, so another monthly average post:

__________<120k___120-160k__160-250k__New__New Price__No Chain___<£250k
Feb '08 Ave__5.82____25.63_______46.56___18.14___11.32_____19.58_____78.06
Feb '07 Ave__3.48____17.69_______52.89___25.97___5.03______15.10_____74.05
2007 Ave____4.52____18.23_______50.69___23.78___9.34______16.22_____73.44

I had been wondering if the January 08 figures were a bit skew whiff due to the sort of houses that were for sale over the low point - I was wondering if larger houses would be taken off the market and put back on mid-late Feb for the fabled "spring bounce", but actually the new to the market figures are down this year in comparison to last, and the other figures aren't hideously out of kilter with last months results.

Great work W&S - it's amazing that 20% of all properties are chain free and promising that the percentage of £120k to £160k properties is getting bigger. Also the percentage of new properties has fallen which shows how stagnant the market is.

Just had a go at re-doing the tables to see if I can make it better - I won't know if it's going to come out right until I press 'Add Reply'...... looks OK at the moment but could look awful when posted



Monthly Averages 2007 (all percentages)

Date ......... > £120k .... £120-160k ... £160-250k ..... New ........ New Price ... No chain .... < £250k

Jan '07 .......... 3.90 .......... 17.80 .......... 52.67 .......... 24.54 .......... 3.08 .......... 13.76 .......... 74.43
Feb '07 .......... 3.40 .......... 17.69 .......... 52.89 .......... 25.97 .......... 5.03 .......... 15.10 .......... 74.05
Mar '07 .......... 3.04 .......... 18.07 .......... 52.60 .......... 25.00 .......... 6.44 .......... 14.45 .......... 73.70
Apr '07 .......... 2.98 .......... 16.29 .......... 49.18 .......... 28.08 .......... 6.92 .......... 15.33 .......... 68.45
May '07 ......... 3.26 .......... 16.78 .......... 49.58 .......... 31.19 .......... 6.20 .......... 15.41 .......... 69.61
Jun '07 .......... 4.16 .......... 17.84 .......... 49.48 .......... 24.72 .......... 9.00 .......... 16.96 .......... 71.48
Jul '07 ........... 4.94 .......... 17.52 .......... 49.70 .......... 22.08 .......... 9.88 .......... 18.16 .......... 72.16
Aug '07 ......... 5.86 .......... 17.62 .......... 51.46 .......... 23.04 ......... 11.14 ......... 16.46 .......... 74.94
Sep '07 ......... 4.84 .......... 18.83 .......... 52.08 .......... 22.17 ......... 12.02 ......... 18.01 .......... 75.75
Oct '07 .......... 5.91 .......... 20.00 .......... 50.18 .......... 19.84 ......... 17.82 ......... 17.04 .......... 76.09
Nov '07 ......... 4.67 .......... 16.50 .......... 47.44 .......... 16.50 .......... 9.64 .......... 18.54 .......... 68.61
Dec '07 ......... 7.07 .......... 21.93 .......... 48.58 .......... 17.84 .......... 8.06 .......... 15.25 .......... 77.57



Monthly Averages 2008 (all percentages)

Jan '08 .......... 6.64 .......... 26.01 .......... 45.78 .......... 19.87 .......... 12.10 .......... 19.64 .......... 78.43
Feb '08 .......... 5.82 .......... 25.63 .......... 46.56 .......... 18.14 .......... 11.32 .......... 19.58 .......... 78.06


The most boring job I've done in a long while - looks great on my screen but could look dodgy on yours

Perfect! Truly a posting of beauty! Thank you - hadn't thought to reduce the font size on the top row (presume that's what you did) - it takes forever to get it to look even half respectable - the first time I did it I spent ages, and it came out looking really pants, so had to do it all over again, then the ...'s didn't work out right for some reason (hence the crappy looking __'s), and it all got v. infuriating! So when it came to posting the last lot, I just cut and paste from the first data to save any hassle...

Will cut and paste your post as a template for next time!