Zoopla Housing Market Sentiment Survey Q3 – confidence up on last year

October 16, 2012 at 1:59 PM 1 comment

Homeowners are more confident now about the outlook for the British property market than they were at this time last year, according to the latest Zoopla Housing Market Sentiment Survey.

Two thirds of homeowners expect British house prices to rise over next six months, with average homeowner predicting a 3.4% increase (4.7% increase in London). A possible explanation for this is late summer and early autumn are busy periods for the property market which can lead to a boost in homeowner confidence.

The fact that optimism is up over last year is a good sign, however, confidence levels remain well below the levels seen in late 2009 and early 2010.

Nearly two-thirds (63%) of homeowners surveyed believe that house prices in their area will rise over the next six months, up from 59% at this time last year. Only one in five (21%) homeowners expect property prices to fall during the next six months, down from (26% last year.

And the level by which homeowners expect house prices to rise has also improved over last year with the average homeowner now predicting a 3.4% rise in their local property prices over the next six months, up from 2.7% last year. Curiously, homeowners remain more confident about the performance of their own homes (expecting them to rise by 3.8%), than those of their neighbours.

London’s homeowners are the most optimistic about the state of the British property market. Four in five (82%) owners in the capital believe prices will rise in their area over the next six months with average growth of 4.7% expected over this period. Owner in Northern Ireland are the least optimistic with just 53% expecting property prices to rise by March next year.


  • Zoopla invited registered users of Zoopla.co.uk to participate in this study.
  • The survey was fielded from 24th to 30th September 2012.
  • There were 7,117 total respondents of which 6,495 of these were homeowners. Statistics based on a sample of this size are accurate to within less than +/- 1.0% with 95% confidence, if the sample is drawn at random from the population it intends to represent.
  • These respondents represent the perspective of the Zoopla.co.uk user community, and could be considered to represent the population of people interested in the UK residential property market.
  • All statistics are based on the full sample unless otherwise noted.

Entry filed under: General News, Sentiment Survey. Tags: .

Where Stella McCartney’s barely there Britain’s first £200m home revealed

1 Comment Add your own

  • 1. Paul  |  December 31, 2012 at 3:54 PM

    The UK as a whole will consist of hotspots and areas severely hit by economic woes. I believe that UK house prices as a whole will fall again in 2013 . Average house prices of course should be taken with a pinch of salt, there is no such animal. As a visual roadmap, I see price falls rippling out from London suburbs in concentric circles, getting worse as they spread. There will be hots spots of stable economy towns and these along with very desirable properties will be somewhat protected.


Why not leave us a comment or share this with the buttons above?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed

Zoopla Mobile & Tablet Apps

Grab the App


Search over 1 million properties for sale or to rent on our site from more than 18,000 agents and developers, including all of the UK's leading names.

Posts delivered hot and fresh to your inbox. Signup for free to subscribe, (No spam... ever) and join over 16,000 others.

Enter your email address below:

Recent Posts

Follow Zoopla


About the Zoopla blog

The Zoopla property blog is maintained and edited by the Web Content Editor @ Zoopla Property Group Ltd Myra Butterworth.


Get every new post delivered to your Inbox.

Join 602 other followers

%d bloggers like this: