Back your view on whether UK house prices are likely to rise or fall. Our Average House Price bets offer the chance to profit from the housing market without the expense and effort of actually purchasing property.
Although betting on house prices might seem odd, it can give you a simple exposure to fluctuations in the housing market, with several advantages compared to purchasing property directly:
- No red tape, expenses or delays
- No stamp duty
- No capital gains tax
- No need to put up the full value
We offer bets on the average house price for the UK as a whole and for London alone, with prices offered on the nearest two quarters. Our prices are given in points per £1000. You simply 'buy' if you think the average price is set to rise or 'sell' if you think it will fall.
Our bets are based on the Halifax House Price Survey produced by HBOS, the premier and most widely publicised indicator of the UK housing market. So, whether you want to profit from predicted market shifts or hedge against the value of property you already own, you can back your judgement against nationally recognised figures.