According to some of today's press, UK average house prices are expected to continue to increase throughout 2010.

Does anyone else expect residential property to be selling for more money by the end of the year?

Various factors to consider:
- likelihood of interest rate increase;
- continuing/increasing unemployment;
- possibilities of increased general cost of living & inflation;
- possibility of sterling devaluation.

It is easier to split your question into two parts.

1. What will houses in the UK be "worth" by the end of 2010?

and:

2. What will the British pound be "worth" by the end of 2010?

In my opinion, there is no reason why houses in the UK should become more valuable..especially as the majority of houses are old and not zero-energy/passive houses. As energy prices rise, modern houses without the need for heaters or only a really low energy consumption become more "valuable" as you save costs...which increases the value. As in the UK hardly any low-energy buildings exist yet and not more then 2 or 3 zero-energy buildings (unlike in other countries), the majority of houses in the UK will fall in value.

About the pound: Both the pound and the USD will need a loooong time to recover...due to overvalued house-prices, unemployment, increased costs in the health care system etc...

I guess you are asking, as you are thinking of "making easy money" by buying a house and selling it later on for more?

I also think those times are over now....house prices went up like mad the last 20 years...now they reached the ceiling..although they slightly went down the last 1-2 years. But just look at house prices in other countries, such as Sweden, Germany, Denmark, USA, Australia....and then you get a good feeling about how over-valued houses are in the UK.
Some houses that are for sale in the UK for 150k, you get for free in Eastern Germany, just as an example....but don't use British property websites ...they already added the agent fees on top..try local property websites and install the translator plugin on Firefox.

Does anyone else expect residential property to be selling for more money by the end of the year?
I'd say slightly more, say 10-30& on average. With the lower end performing very badly.

Various factors to consider:
- likelihood of interest rate increase;
Slight poss. - 1% at most.
- continuing/increasing unemployment;
Strong poss. - companies still laying off people and 'restructuring', factory output continuing down.
- possibilities of increased general cost of living & inflation;
Strong poss. for higher than average increases.
- possibility of sterling devaluation.
Strong poss. of the Pound buying less Dollars/Euros etc.

All guesswork tho - FWIW.
Put up some figures and we'll look at them in December!

(Edit: Why does my post get formatted like this? )
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