Latest news with #Redbridge
Daily Mail
21-05-2025
- Business
- Daily Mail
EXCLUSIVE British house prices leap by an average of £16,000 in just 12 months - find out how YOUR area has fared with our interactive tool
House prices in Britain have risen by more than 6 per cent over the past year, official data revealed today as hotspots across the country were revealed. The average property price is now £271,000, according to the latest House Price Index data for March 2025 which the Office for National Statistics released today. Property prices increased by 1.1 per cent compared to February 2025 and by 6.4 per cent compared to March 2024 – a jump of £16,000 over the 12-month period. Values in the year to March 2025 increased in England to £296,000 (up 6.7 per cent), in Scotland to £186,000 (up 4.6 per cent) and in Wales to £208,000 (up 3.6 per cent). Within England, the biggest winners were in the North East where prices increased by 14.3 per cent annually. But London saw the lowest value rise at just 0.8 per cent. However London also had the two of the areas with the biggest monetary rise, with Redbridge up £45,000 and Lewisham up £42,000 – both equating to 9 per cent gains. Sevenoaks in Kent also performed well over the year, up by £44,000 or 8 per cent; as did North East Derbyshire, also up £44,000 or 17 per cent; the Shetland Islands, up £42,000 or 18 per cent; and Rushcliffe in Nottinghamshire, up £41,000 or 12 per cent. Completing the top ten were Havering (up £40,000 or 9 per cent), and then £39,000 rises for Mid Suffolk (12 per cent), Merton (6 per cent) and Mole Valley (7 per cent). HOUSE PRICE WINNERS - 3/25 v 3/24 AREA ANNUAL % RISE GAIN 1. Redbridge 9% £44,807 2. Sevenoaks 8% £44,417 3. NE Derbyshire 17% £43,470 4. Lewisham 9% £42,011 5. Shetland Islands 18% £41,799 6. Rushcliffe 12% £40,822 7. Havering 9% £40,028 8. Mid Suffolk 12% £39,478 9. Merton 6% £39,329 10. Mole Valley 7% £38,703 HOUSE PRICE LOSERS - 3/25 v 3/24 AREA ANNUAL % FALL LOSS 1. City of Westminster -20% -£181,776 2. Kensington & C -15% -£179,444 3. City of London -21% -£148,722 4. Hammersmith & F -13% -£96,718 5. Islington -8% -£53,837 6. Camden -5% -£35,153 7. Cotswold -7% -£29,711 8. Newham -6% -£26,292 9. Inner London -3% -£18,513 10. Wandsworth -2% -£16,904 The change in average annual house price for the UK by country over the past five years As for the biggest losers over the last year, nine of the top ten were in London – led by City of Westminster, which dropped £182,000 or 20 per cent in a year. Kensington and Chelsea fell £179,000 or 15 per cent; then City of London dropped £149,000 or 21 per cent; and Hammersmith and Fulham slipped 13 per cent or £97,000. Also having a bad year were Islington, down £54,000 or 8 per cent; Camden, down £35,000 or 5 per cent; Newham, down £26,000 or 6 per cent; Inner London, down £19,000 or 3 per cent; and Wandsworth, down £17,000. The only area outside London in the top ten was the Cotswolds, down £30,000 or 7 per cent. Tom Evans, sales director at Purplebricks estate agency, said: 'House prices continuing to rise is great news for UK homeowners. 'While the stamp duty changes that came into force from April 1 may not be felt quite yet, the prospect of more Bank of England base rate cuts will likely fuel demand and push up prices further this year - suggesting 2025 will be a strong year for the UK housing market.' On May 8, the Bank of England cut interest rates from 4.25 per cent from 4.5 per cent - and Governor Andrew Bailey hinted more could follow over the coming months. But the Office for National Statistics revealed today that Consumer Prices Index inflation had jumped to 3.5 per cent in April, up from 2.6 per cent in March and the highest since January 2024. Economists had been expecting a rise to 3.3 per cent last month. Typically, high interest rates are used as a method to drag on spending demand and therefore bring down inflation - and today's inflation figures may therefore see the Bank of England tread more cautiously with further cuts to interest rates. Data from Moneyfacts shows the average two-year fixed mortgage deal is now 5.11 per cent - compared to a month ago when it was 5.23 per cent and a month earlier when it was 5.33 per cent. The market has even seen some deals with rates of less than 4 per cent in recent months after a mini-price war broke out between mortgage providers. Jonathan Handford, managing director of estate agent group Fine & Country, said: 'March saw a final surge in house prices as buyers raced to beat April's stamp duty changes, a deadline that drove a sharp uptick in activity and pushed values higher across the board. 'This trend played out nationwide, with early 2025 marked by elevated demand from buyers keen to maximise their budgets before the new thresholds came into effect. 'Now that the tax break window has closed, it's likely we will see a cooling period, as buyers pause to reassess affordability under the revised rules.' He said the two interest rate cuts from the Bank of England earlier this year had provided some relief by slightly easing borrowing costs and improving mortgage affordability. But Mr Handford added that today's inflation figures had 'reintroduced some uncertainty' and 'may delay further rate cuts, keeping borrowing costs elevated for longer than previously hoped'. He continued: 'In the months ahead, inflation and still-elevated borrowing costs are likely to weigh on demand, particularly as affordability remains stretched across much of the country. 'That said, a period of softer or stabilising house prices may offer a welcome opportunity for first-time buyers who have been priced out in some areas of the country. 'Rather than a sharp correction, the outlook points to a more balanced market over the coming months, with modest price movements and cautious optimism as buyers and sellers adapt to the new landscape.'
Daily Record
17-05-2025
- Sport
- Daily Record
Dwight Gayle tells Hibs 'I'll see you next season' but only as a fan as even Europe can't tempt him to play on
The 35-year-old has helped the club earn the chance of group stage football but won't be staying around to experience it Dwight Gayle insists he will be back at Hibs next season – but only as a fan. The vastly experienced striker has confirmed he has no plans to perform a U-turn on his intention to hang up the boots – even though Hibs face the prospect of European group stage football next season. A latecomer to the pro game, Gayle began career in 2011 at Dagenham and Redbridge and ended up playing in the Premier League with Newcastle, who signed him for £10million, and Crystal Palace. The 35-year-old only joined Hibs last summer but the club has left its mark on him in his swansong campaign after he helped David Gray 's side clinch third spot in the Premiership. An emotional Gayle will take to the pitch for a final time in today's visit of Rangers and the 35-year-old admits he will return to Edinburgh to take in their Euro adventure next term. Gayle, who plans to work as a football agent going forward, said: 'Will Europe make me consider playing on? No but I'm going to come to the games hopefully. 'I've spoken to a few people about coming with my little man and hopefully bringing him to some of the games abroad, which I'm really excited about. But I'm still fixated on retiring and getting back to my family. 'It was always where I was. The most important thing for me is my family and spending time with them. 'I think while they're young it's really important that I do that. But I'm absolutely buzzing for the club and to be involved in a team that's been able to get that opportunity and give that to the fans, to hopefully have the group stages to look forward to. It brings me nothing but pride to be a part of that really. 'One of the big reasons for coming up here was to be involved in something. The way it's gone has made it even more special, the fact that we were struggling at the start – you could see that around the club it wasn't too happy. "But I'm leaving it now in a better position and with the buzz around the club looking forward with a great core to the group – and I'm sure the boys will push on from that and I think the start of the season will be very bright.' Gayle now plans to help players make their way in the game by becoming an agent. He added: 'I'm going to go back down south and plan to go into agency work. 'It's something I want to do to help other players and be involved in football. It's what I love. It also gives me a bit more of time to spend with the kids for the day-to-day, school drop-ins and stuff like that. So I'm really excited to do that. 'It allows me to come back and pretend I'm scouting players here and gives me an excuse to come and watch the Europa games.' Hibs boss David Gray, meanwhile, hailed Jack Iredale after the defender was included in a 23-man Australia squad for an upcoming training camp. Iredale is joined by Hibs team-mates Martin Boyle, Lewis Miller and Nectar Triantis for the Abu Dhabi get together as the Socceroos attempt to clinch World Cup qualification in next month's clashes with Japan and Saudi Arabia. Gray said: 'I passed him in the corridor after he found out and he was pretty quick to come and tell me. 'I don't know if it was more shock or whatever but he was just all excited – a wee kid in a candy store, which was brilliant. 'I'm delighted for him because he really deserves it based on his level of performance, his consistency and what he's done for this football club. The players have demonstrated that if they're playing at a high level for Hibs and performing well, that's a level that's good enough to get into the manager's mind for the national teams, which is brilliant.'
South Wales Argus
05-05-2025
- Sport
- South Wales Argus
Maidenhead relegated despite beating Boston
They led 32 minutes in when McCoulsky got up to meet Reece Smith's cross in a crowded penalty area and headed home. And when Jacob Scott fouled Smith in the box midway through the second half McCoulsky doubled their advantage, before Tristan Abrahams broke free to score a third late on. The Magpies needed to win coupled with a defeat for Dagenham and Redbridge and dropped points for Wealdstone, and despite a comfortable victory results elsewhere condemned them to the National League South.
&w=3840&q=100)
Business Standard
05-05-2025
- Business
- Business Standard
Trump praises 'good relationship' with Australia's re-elected PM Albanese
When Albanese was asked during the second election debate of the campaign whether he trusted Trump, the Australian prime minister said that he had no reason not to. Bloomberg US President Donald Trump praised his 'very good relationship' with Australia's Prime Minister Anthony Albanese, who defeated an opponent seen by voters as too similar to the American leader in an election on Saturday. Asked about the result at the White House on Sunday, Trump said that he was 'very friendly with Albanese,' adding that he believed the Australian leader had been 'very nice' and 'very respectful' to him. Following a phone call between the two leaders in February, Trump described Albanese as a 'very fine man.' Albanese's center-left government was re-elected by a surprisingly large margin, with voters choosing continuity over change at a time of mounting global instability. The Australian prime minister said at a press conference in Canberra on Monday that he had spoken to Trump over the phone in the wake of his election win, describing the conversation as 'very warm and positive.' Albanese said the two leaders had discussed the US tariff regime and the Aukus security pact, which could see Australia purchase a number of American nuclear-powered submarines in the early 2030s. When Albanese was asked during the second election debate of the campaign whether he trusted Trump, the Australian prime minister said that he had 'no reason not to.' Trump added on Sunday that he had no idea who had been running against Albanese in the election, despite outgoing Opposition Leader Peter Dutton saying during the campaign that he could have got a better deal in tariff negotiations with the president. Dutton was likely damaged at Saturday's vote by his perceived affinity with Trump, and the center-right opposition is now at loggerheads over whether to embrace MAGA-style ideology or reject it in the wake of a disastrous campaign. Trump is deeply unpopular with Australians, with a Redbridge opinion poll in March finding 59 per cent of voters disapproved of the US president even before his decision to impose broad tariffs on Australian goods. Dutton had initially praised Trump as a 'big thinker' and 'shrewd' before he was forced to backtrack as it became clear the US leader was deeply unpopular. Dutton was also forced to backtrack on a Trump-style policy of requiring government employees to return to the office early in the campaign. In his election night victory speech, Albanese made reference to his repeated jabs at Dutton for seemingly adopting the policies of the US president. 'We do not need to beg, or borrow, or copy from anywhere else,' the prime minister said. 'We do not seek our inspiration overseas. We find it right here, in our values and in our people.'
The Age
05-05-2025
- Politics
- The Age
Was the election a polling fail?
Polling guru Nate Silver calls it his first rule of interpreting survey results: almost all polling errors occur in the opposite direction of what conventional wisdom expects. Silver explained this rule in 2017, when many observers expected French far-right leader Marine Le Pen to do better than polls suggested for the French presidential election. Instead, it was the centrist Emmanuel Macron who outperformed his polls. This phenomenon struck again in Saturday's federal election. Opposition Leader Peter Dutton repeatedly told reporters that the Coalition's internal research was rosier than the published polls as he flagged Coalition victories in seats that weren't on anyone's radar. Donald Trump's repeated ability to outperform his poll results has also popularised the notion that there are 'shy' conservative voters who are not willing to share their political opinions with pollsters. In fact, the Australian polls published were wrong, but because they underestimated the scale of Labor's victory. This was a turnaround from Scott Morrison's shock victory in 2019, when most polls overestimated Labor's support. 'Every poll underestimated Labor on two-party preferred and primary votes, and overestimated the Coalition,' says pollster Jim Reed, who runs the Resolve survey published by this masthead. 'Some polls got it really wrong and others slightly wrong.' Having analysed the performance of all the major pollsters, Reed is satisfied with Resolve's performance. The two most accurate polls in two-party-preferred terms, he says, were Resolve and Redbridge, whose results were published in the News Corp tabloids. The final Resolve and Redbridge polls, published last week, showed Labor recording 53 per cent of the two-party-preferred vote and the Coalition 47 per cent.
