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We are aware that some emails that are forwarded to AOL accounts have not been getting through. This is not specific to this website but a problem many are having.

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News and statistics

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News reports on house prices

Newspapers and the media, always like to report action, and make it sound, well, newsworthy. People who want to be featured, and PR, is free and worth many thousands in advertising expenditure, know that you have to have something newsworthy to say, even if it is often then explained away in the small type.

So one week you see a report, house prices about to crash, and the next, house prices rising so fast that nurses wont be able to afford to live in many areas.

You also get selective use of statistics, house prices falling, relating to a small fall in one geographic area. The other common feature is reports based on incomparable data, by this I mean that the volume and size of property across areas selling fluctuates, and therefore if one or two very expensive properties sell the average goes up, when a number of lower priced properties sell the average comes tumbling down. 

When you come to look at statistics by a postcode area, often you find that there are only a handful of sales, often some months, none,  and other months based on 3 or less. So any average produced from this is very heavily affected by individual sales, large, small, and perhaps special circumstances.

When a new local estate is developed or a large number of apartments are sold, this will obviously greatly effect the average for the area. 

Figures from different sources will often show different trends, so you may get a building society showing rises running at 20%, while another says it has stagnated and may even be falling. This of course is based upon what business they are doing, and in turn this will largely depend on how competitive they are and what other deals are on offer to buyers. It could be that they are more competitive now than they were before for cheaper properties, or that they have added new products aimed at the more expensive. 

Online figures that show numbers of houses available and numbers of enquirers, sales etc, and project these as trends over time, may not explain that the number of subscribers providing data to them has increased or decreased over this time.

Historic figures

Methods of compiling figures also changes over time, and not only because governments have discovered spin. Therefore whatever we see we have to look very closely at the figures. For example has there been a local government boundary change, a change in postcode areas, or major building that has changed the mix of properties being sold in the area.

Allowing for this, perhaps we can gleam something from long term figures

  • Since 1956 property has grown compound by 8.5% per year on average
  • Over 32 years prices have gone up in 28 and dropped only in 4
  • The largest quoted fall is 11% in 1990 (government action caused this)
  • Rents, according to office of national statistics have risen on average by 13% per year since 1962

Similarly if we look to forward predictions we find

  • Population increase expected to greatly outgrow number of homes built
  • Increasing number of single family homes, some by choice, some divorce, some by some people living longer
  • Insufficient builders to give any increase of build rate
  • Average prices projected to rise from 101,161 to 300,643 by 2020 297% over 20 years
  • Some areas will be stagnant some will greatly outperform the average.
  • The Centre for Economic Research predicts rental demand will more than double in less than 10 years.

Some may say there are lies, damned lies and statistics, and although you have to avoid jumping at the latest news headlines, it is clear that the future for 'buy to let' has never been better.

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Common section on all pages

Property Pension Club Ltd is registered in England and Wales no 4197351. 

Initial enquiries to arrange appointments or in relation to any member service can be sent to ppc @ start-page.org. (there should be no spaces before and after @, we show them here to try and stop our emails being flooded by robots). If you don't get a reply within a few days please call the clubs main number on the contact us page. There have been some problems experienced from time to time where emails get lost, and is not connected with our systems, but larger email handlers routines that edit out emails coming through some mail servers in error. 

The Property Pension Club was established by New Atlantis, a non profit company limited by guarantee, with its prime objective to improve the life of its members. Services and administration is managed by Maximum Coverage Ltd. This web site provided and maintained by Atlantis Virtual World Ltd. A variety of other companies are involved in the supply of services, many through an international service company set up by New Atlantis to allow the coordination of quality services world wide. 

General notice: The club and providers of the information are not financial advisors, the information we provide is equivalent to that you might reasonably expect to find in a quality magazine. It is, as far as we can, well researched, facts checked, and independent, unless clearly shown as a club service. The application of this knowledge is down to you and you must decide what is relevant to you in your own circumstances and if you do not have the ability to decide for yourself  you should seek whatever legal or financial advice that you feel is appropriate. Our crystal balls are well polished, but the future even for us can be less than accurately viewed, and therefore you should consider any projection or view that we may present in relation to the future as a mixture of foresight based on information and probability, personal views with a bit of guesswork thrown in, in exactly the same way as any other person or organizations forecasts are. We will of course try to update our information and views as developments occur, or governments or others change the rules of the game. We can make mistakes, or have written something that makes perfect sense to us, but may be unclear for others, if you feel we have then you should let us know, we also like to be told what a good job we are doing.

Copyright: the information on this web site is our copyright, but you may print out copies to give to others or use yourself. You cannot sell it or include it in other works or web sites without our permission.  You can link to any of our pages from within your own web site without asking us, providing that you do not do this in such a way that makes it look as if you are connected or recommended by us. You may also offer downloadable copies of our free publications to be downloaded from your web site, but we would prefer it to be  downloaded via a link to our site so that the latest copy is always available, if you don't know how to do this please ask.

Problems: To report any problems on this website, or if emails go unanswered, please see the contacts page.