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27/08/2010
England & Wales House Prices Rising
Property values have stabilised and last month even showed a small rise - with London houses topping the poll.
The July data from Land Registry's flagship House Price Index shows an annual price increase of 6.7%, which takes the average property value in England and Wales to £166,798.
The monthly change from June to July is an increase of 0.4%.
Nine regions in England and Wales experienced increases in their average property values over the last 12 months. The region with the highest annual price change is London with an increase of 12.1%.
However, the region with the greatest annual price fall is the North East with a movement of -1.4%.
The South West experienced the greatest monthly rise with a movement of 2.2%.
Wales experienced the most significant monthly price fall with a movement of -1.1%.
Meanwhile, property sales are also rising with the most up-to-date figures available showing that during May 2010, the number of completed house sales in England and Wales rose by 8% to 49,412 from 45,814 in May 2009.
The number of properties sold in England and Wales for over £1 million increased by 67% between May 2009 and May 2010, from 255 to 426.
(BMcC/GK)
The July data from Land Registry's flagship House Price Index shows an annual price increase of 6.7%, which takes the average property value in England and Wales to £166,798.
The monthly change from June to July is an increase of 0.4%.
Nine regions in England and Wales experienced increases in their average property values over the last 12 months. The region with the highest annual price change is London with an increase of 12.1%.
However, the region with the greatest annual price fall is the North East with a movement of -1.4%.
The South West experienced the greatest monthly rise with a movement of 2.2%.
Wales experienced the most significant monthly price fall with a movement of -1.1%.
Meanwhile, property sales are also rising with the most up-to-date figures available showing that during May 2010, the number of completed house sales in England and Wales rose by 8% to 49,412 from 45,814 in May 2009.
The number of properties sold in England and Wales for over £1 million increased by 67% between May 2009 and May 2010, from 255 to 426.
(BMcC/GK)
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House Prices Slowly Begin To Rise
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20 May 2014
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28 November 2011
2011 House Prices Down 3%
Britain's house prices have tumbled by another 3% this year according to official figures published on Monday morning. The October data from Land Registry's flagship House Price Index showed an annual price decrease of 3.2%, which takes the average property value in England and Wales to £159,999.
2011 House Prices Down 3%
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31 October 2011
House Prices Take September Dip
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House Prices Take September Dip
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20 February 2006
Average house prices rise above £200,000
The average asking price of a house in England and Wales has risen to over £200,000, a new survey has revealed. Property website Rightmove said that the asking price of properties increased by 2.7% last month, driven by increased demand from buyers and a shortage of sellers. It is the largest monthly rise for almost two years.
Average house prices rise above £200,000
The average asking price of a house in England and Wales has risen to over £200,000, a new survey has revealed. Property website Rightmove said that the asking price of properties increased by 2.7% last month, driven by increased demand from buyers and a shortage of sellers. It is the largest monthly rise for almost two years.
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