21/11/2005
Small rise in UK house prices
According to the latest figures from the Office of the Deputy Prime Minister, house prices in September rose for the first time in six months.
UK annual house price inflation in September 2005 was 3.3% up from 2.8% in August 2005. Annual house price inflation in London was 1.9% in September 2005, up from 0.8% cent in August 2005.
The mix-adjusted average house price in the UK in September 2005 stood at £186,723, up slightly from £186,208 in August 2005 (not seasonally adjusted).
The UK annual house price inflation rate for the three months to September 2005 was 3.3% and 1.2% in London.
Prices rose by 0.3% between August and September, compared to a small fall of 0.2% seen over the same period last year.
The rise in UK prices between August and September can be attributed to rises in average price of most dwelling types. In particular, prices rose for detached houses, by 1.6%, bungalows, by 0.7% and other dwelling types rose or fell by less than 0.1%.
Regionally, England, Wales and Northern Ireland saw rises in annual inflation in September, while Scotland saw a fall.
The inflation rate in England rose from 1.9% in August to 2.5% in September; in Wales the inflation rate rose from 6.6% to 6.8%; and in Northern Ireland the rise was from 11.9% to 16.7%. Over the same period, in Scotland the rate fell from 11.2% to 10.1%.
Mortgage lenders also recently confirmed a small rise in house prices following a static period attributed to a rise in the base lending rate.
(SP/KMcA)
UK annual house price inflation in September 2005 was 3.3% up from 2.8% in August 2005. Annual house price inflation in London was 1.9% in September 2005, up from 0.8% cent in August 2005.
The mix-adjusted average house price in the UK in September 2005 stood at £186,723, up slightly from £186,208 in August 2005 (not seasonally adjusted).
The UK annual house price inflation rate for the three months to September 2005 was 3.3% and 1.2% in London.
Prices rose by 0.3% between August and September, compared to a small fall of 0.2% seen over the same period last year.
The rise in UK prices between August and September can be attributed to rises in average price of most dwelling types. In particular, prices rose for detached houses, by 1.6%, bungalows, by 0.7% and other dwelling types rose or fell by less than 0.1%.
Regionally, England, Wales and Northern Ireland saw rises in annual inflation in September, while Scotland saw a fall.
The inflation rate in England rose from 1.9% in August to 2.5% in September; in Wales the inflation rate rose from 6.6% to 6.8%; and in Northern Ireland the rise was from 11.9% to 16.7%. Over the same period, in Scotland the rate fell from 11.2% to 10.1%.
Mortgage lenders also recently confirmed a small rise in house prices following a static period attributed to a rise in the base lending rate.
(SP/KMcA)
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Halifax report continuing rise in house prices
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NI house prices amongst fastest growing in UK
House prices in Northern Ireland have been growing faster than anywhere else in the UK outside London and the Home Counties, according to business advisors PricewaterhouseCoopers (PwC). According to the latest issue of PwC’s ‘UK Economic Outlook’, London house prices rose by 250% since 1995, followed by the southeast of England and East Anglia.
NI house prices amongst fastest growing in UK
House prices in Northern Ireland have been growing faster than anywhere else in the UK outside London and the Home Counties, according to business advisors PricewaterhouseCoopers (PwC). According to the latest issue of PwC’s ‘UK Economic Outlook’, London house prices rose by 250% since 1995, followed by the southeast of England and East Anglia.
30 May 2002
Nationwide reveal further rise in UK house prices
The latest survey from the Nationwide Building Society has revealed that British house prices rose in May to their highest annual rate in 13 years. Overall, house prices rose by 2.1% during the month, taking their annual growth rate to 17.9% - the highest since the boom of the late 1980s.
Nationwide reveal further rise in UK house prices
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Irish Property Prices 'Down 1.6%'
Ireland's residential property prices have fallen by 1.6% in August, so say figures released by the Central Statistics Office (CSO). The CSO's monthly Residential Property Price Index revealed that overall house prices have fallen by 13.9% in the year to August. This compares with an annual rate of decline of 12.5% in July and a decline of 10.
Irish Property Prices 'Down 1.6%'
Ireland's residential property prices have fallen by 1.6% in August, so say figures released by the Central Statistics Office (CSO). The CSO's monthly Residential Property Price Index revealed that overall house prices have fallen by 13.9% in the year to August. This compares with an annual rate of decline of 12.5% in July and a decline of 10.
07 December 2005
'Strong rise’ in UK consumer confidence
Consumer confidence is on the rise in the UK ahead of Christmas, the Nationwide building society has reported. The Nationwide reported that its Consumer Confidence Index had risen by 9 points in November to 101 – the largest monthly change recorded.
'Strong rise’ in UK consumer confidence
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