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11/09/2006
House prices still on the rise
The price of the average UK house has risen by almost £3,500, according to the latest official figures.
The statistics, from the Department for Communities and Local Government (DCLG), reveal that between June-July 2006, property price inflation rose to its highest level since May 2005. This means that the cost of an average house stands at £194,454, up from £191,016.
The region most affected by price inflation was Northern Ireland, where the average house now costs £158,104, a rise of around £7,600 from June.
The new figures support a trend for rising house prices that was shown in the most recent house price indexes from both Nationwide and Halifax.
(CL)
The statistics, from the Department for Communities and Local Government (DCLG), reveal that between June-July 2006, property price inflation rose to its highest level since May 2005. This means that the cost of an average house stands at £194,454, up from £191,016.
The region most affected by price inflation was Northern Ireland, where the average house now costs £158,104, a rise of around £7,600 from June.
The new figures support a trend for rising house prices that was shown in the most recent house price indexes from both Nationwide and Halifax.
(CL)
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29 February 2008
January House Prices Show Slight Increase
House prices in England and Wales increased by just 0.9% in January, according to the latest monthly figures from Land Registry. The increase takes the average house price to £186,045. However, the data shows a decline in annual house price changes, from 6.7% last month to 6.4% this month. London experienced annual price growth of 13.
January House Prices Show Slight Increase
House prices in England and Wales increased by just 0.9% in January, according to the latest monthly figures from Land Registry. The increase takes the average house price to £186,045. However, the data shows a decline in annual house price changes, from 6.7% last month to 6.4% this month. London experienced annual price growth of 13.
12 December 2005
House price inflation drops
Annual house price inflation dropped again in October, according to the latest figures from the Office of the Deputy Prime Minister. House price inflation was 2.2% in October, a fall from September’s figure of 3.3%. The ODPM reported that the average house price in the UK was £186,103 in October, compared with £186,755 in September.
House price inflation drops
Annual house price inflation dropped again in October, according to the latest figures from the Office of the Deputy Prime Minister. House price inflation was 2.2% in October, a fall from September’s figure of 3.3%. The ODPM reported that the average house price in the UK was £186,103 in October, compared with £186,755 in September.
12 April 2005
UK house prices fall, report shows
UK house prices fell by 0.5% between January and February, figures from the Office of the Deputy Prime Minister (ODPM) have shown. The drop in prices, which saw the average house price in the UK in February fall to £179,491 from £180,465 in January, is smaller than the 1% fall reported in the same period last year.
UK house prices fall, report shows
UK house prices fell by 0.5% between January and February, figures from the Office of the Deputy Prime Minister (ODPM) have shown. The drop in prices, which saw the average house price in the UK in February fall to £179,491 from £180,465 in January, is smaller than the 1% fall reported in the same period last year.
07 September 2005
Halifax reports house prices rise
House prices rose by 1.6% in August, the UK’s biggest mortgage lender, has reported. However, the Halifax warned that the rise could be temporary, boosted by the recent interest rates cuts by the Bank of England. The price rise in August followed a modest 0.4% increase in July and was the biggest monthly rise since September 2004.
Halifax reports house prices rise
House prices rose by 1.6% in August, the UK’s biggest mortgage lender, has reported. However, the Halifax warned that the rise could be temporary, boosted by the recent interest rates cuts by the Bank of England. The price rise in August followed a modest 0.4% increase in July and was the biggest monthly rise since September 2004.
10 June 2008
House Prices Continue To Fall
The housing market is offering little comfort for homeowners as house prices continue to fall. For many with mortgages, the value that has been borrowed could be greater than the value of the property.
House Prices Continue To Fall
The housing market is offering little comfort for homeowners as house prices continue to fall. For many with mortgages, the value that has been borrowed could be greater than the value of the property.
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Northern Ireland WeatherToday:Staying cold. Any freezing fog that has formed overnight will slowly thin and disperse during the morning. Otherwise dry and bright much of the day with perhaps the odd coastal shower in the north and east. Maximum temperature 4 °C.Tonight:Dry at first with cloud thickening from the south through the evening. The odd shower, wintry over high ground, over northern counties, becoming more persistent rain over Down and Antrim. Minimum temperature 0 °C.
