House-sellers see flat prices

MORE homeowners expect their house to lose value this year than in 2010, according to new figures published by property website Rightmove.

Fewer than one in four people looking to sell their house think their property will rise in value this year, compared with more than half (53 per cent) in January 2010.

Around a third of the 28,000 respondents believe their house will lose value in 2011, while 38 per cent think it will stay broadly flat.