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Archive for the ‘Pounds to dollars. Good time for Britains to buy homes in America’ Category

>British Housing Prices Soar–Average Prices 218,112 Pounds or

>

The conversion rate
from pounds to
American dollars is
1.964 pounds to the
dollar.

Roughly speaking
if the average house
in England costs
218,000 pounds it will cost $436,000 American money.

It’s not a good time for an American to buy a second home in Great Britain. But just the opposite is true, with America’s weak dollar relative to the EURO and the Pound.

Overview

Average Cost: £218,112
Detached: £342,794
Semi-detached: £197,416
Terraced: £173,858
Flat: £200,344
Change in last quarter:
Down 1.87%
Change in last year:
Down 3.56%
Sales: 167,035

House price map: UK

Hot spots
Top 10 highest priced areas Top 10 quarterly increase
Top 10 areas by volume of sales Top 10 annual increase

TOP 10 HIGHEST PRICED AREAS:
NAME AV PRICE (£) QUARTER ANNUAL SALES
£398,136 -6.5% 1.2% 372
£384,127 3.7% 8.8% 3632
£358,500 0.6% 5.5% 22576
£351,445 -4.9% 9.5% 1537
£316,501 -2.8% 3.7% 470
£300,804 1% 5.5% 3414
£292,931 N/A N/A N/A
£289,886 -3.9% 7.7% 1637
£286,497 7.4% 7% 129
£285,938 N/A N/A N/A

Sources:

England and Wales
Land Registry of England and Wales, Crown copyright. The information above is based on figures provided by the Land Registry of England and Wales.
Figures for England and Wales are for the period January to March 2008.

Scotland
Registers of Scotland Executive Agency. All figures are simple averages based on all residential properties between £20,000 and £1,000,000 recorded in the four quarters of each year.
Figures for Scotland are for the period January to March 2008.

Northern Ireland
University of Ulster in partnership with Bank of Ireland. The information above is based on figures provided by the University of Ulster in partnership with Bank of Ireland.
Figures for N Ireland are for the period July to September 2007.

The BBC makes no warranty or representation as to the accuracy, completeness or reliability of the above information and accepts no liability (including for negligence) in respect of any of the above information.