Average UK house price in August 2014 was £274,000 says ONS

UK average house prices increased by 11.7% over the year to August 2014, unchanged from an increase of 11.7% in the year to July 2014. This follows the moderate house price increases the UK has experienced since April 2012 (Figure 1) and is driven in large part by increases in London. The average UK house price in August 2014 was £274,000.
Rate this blog entry:
Continue reading
8363 Hits
0 Comments

Price of property coming to market increased by 2.6%

The price of property coming to market this month has increased by 2.6% (+£6,784) continuing the usual October trend of a substantial uplift in new sellers’ price expectations. While this is the lowest rise at this time of year for six years, sellers may still find that their asking prices are too optimistic in parts of the country where the supply of property exceeds buyer demand.
Rate this blog entry:
Continue reading
9940 Hits
0 Comments

House Prices to rise 30% by 2019

According to RightMove and Oxford Economics average house prices in England and Wales are set to rise by 30% in the next 5 years. It states that London prices are set to rise by 33%, but the South East is set to rise by 39% by 2019! Despite being the slowest riser, the North West will still increase by 24%.
Rate this blog entry:
Continue reading
10277 Hits
0 Comments

August HPI shows a downward trend in repossessions

  The Land Registry has recently released its August House price Index (HPI). The August HPI data shows an average house price in England & Wales of £177,824, compared with a peak of £181,383 in November 2007. London experienced the highest annual increase in property value with a movement of 21.6 per cent. The North East saw the lowest annual price growth of 3.0 per cent. Annual growth of 8.4 per cent in August brings the average house price in England and Wales to £177,824 In August 2014 the HPI key figures were: The average price of property in the capital is £467,070 in comparison with the average for England and Wales of £177,824. The region with the most significant annual price increase is London with a movement of 21.6 per cent. North East saw the lowest annual price growth with a movement of 3.0 per cent. London also experienced the greatest monthly price rise with a movement of 2.7 percent. Both South West...
Rate this blog entry:
Continue reading
8601 Hits
0 Comments

Rightmoves July HPI infographic

Rightmove’s September House Price Index reported earlier than usual signs of autumn activity picking up as September’s new listings come to market with asking prices 0.9% (+£2,474) higher than last month, the first rise at this time of year since 2011.
Rate this blog entry:
Continue reading
7602 Hits
0 Comments

The Office for National Statistics reports 11.7% house price increase

The Office for National Statistics July price index shows year on year and month on month price increases.
Rate this blog entry:
Continue reading
8445 Hits
0 Comments

Static house price growth in July

The Nationwides July House price Index sees price growth being moderated in the UK with key figures being: UK house price rise of just 0.1% in July, the slowest since April 2013 and a virtual stand still Double digit annual house price growth, although down to 10.6% from 11.8% in June Average UK House Price for July is £188,949 Commenting on the figures, Robert Gardner, Nationwides Chief Economist, said: “Although UK house prices recorded their fifteenth successive monthly increase in July, the pace of growth slowed. The price of a typical home increased by just 0.1% over the month, while the annual rate of price growth moderated to 10.6% from 11.8% in June. “The slowdown was not entirely unexpected, given mounting evidence of a moderation in activity in recent months. Mortgage approvals declined by almost 20% between January and May, and there has also been some softening in forward looking indicators,...
Rate this blog entry:
Continue reading
6786 Hits
0 Comments

Land Registry see only small increase in House price Index

The Land Registry May 2014 HPI shows a fairly static index with only a marginal increase over the month. The monthly price change for May was 0.4%
Rate this blog entry:
Continue reading
5983 Hits
0 Comments

Rightmove see first overall fall in asking prices in 2014

The Rightmove.co.uk House Price Index has seen its first fall in asking prices in 2014, which is unsurprising after the varied reports of a slowdown in both London and wider UK. However this has not impacted the year-end annual forecast for growth.
Rate this blog entry:
Continue reading
6621 Hits
0 Comments

Rightmoves June HPI - visibily explained

Rightmove’s June House Price Index reported that new seller asking prices are at a virtual standstill, up by just 0.1% (+£272) this month. Their Infographic provides a breakdown of how prices are performing across each region and property type.
Rate this blog entry:
Continue reading
6766 Hits
0 Comments

Official HPI reports strong yearly price increases

The Office for National Statistics May House price Index shows strong yearly price increases. 10.5% increase for UK House Prices over the year from June 2013 to May 2014 and 9.9% increase in the year to April 2014
Rate this blog entry:
Continue reading
6923 Hits
0 Comments

Nationwide sees continue strength in House prices

The Nationwide June House price Index shows a strong growth remains in the market with large annual increase and positive monthly gains.
Rate this blog entry:
Continue reading
5815 Hits
0 Comments

Rightmove June HPI Infographic

Rightmove’s June House Price Index reported that new seller asking prices are at a virtual standstill, up by just 0.1% (+£272) this month. The Rightmove infographic provides a breakdown of how prices are performing across each region and property type.
Rate this blog entry:
Continue reading
6980 Hits
0 Comments

Rightmoves May HPI Property Trends Infograph

Rightmove’s May House Price Index reported the largest ever May rise as new sellers ask nearly £10k more. Their infographic provides a breakdown of how prices are performing across each region and property type.
Rate this blog entry:
Continue reading
7620 Hits
0 Comments

ONS sees 8% yearly increase in March statistics

The Government official House Price Index from the Office of National Statistics reports that in the year to march house prices increased by 8%.
Rate this blog entry:
Continue reading
8495 Hits
0 Comments

Rightmove sees largest ever May rise in asking prices

Rightmove.co.uk May House Price Index released yesterday sees the largest rise in May it has ever reported with a3.6% increase in asking prices by new sellers, a massive increase of £9,409 over the month.
Rate this blog entry:
Continue reading
7922 Hits
0 Comments

Good news - inflation falls for the third month

There was some good news this week from the Office of National Statistics (ONS); CPI (Consumer Price Index) inflation, or to put it another way the price of a lot of the things we buy, has fallen for the third month in a row.
Rate this blog entry:
Continue reading
7597 Hits
0 Comments

House prices 3% below peak as London continues its strong push

Nationwide have released both their March 2014 and Q1 2014 House Price Indices and both report a continued strong market, with London pushing forward faster than the rest of the UK. Average UK house prices were up by 0.5% in March a 9.5% increase since March 2013.
Rate this blog entry:
Continue reading
6001 Hits
0 Comments

March Asking Prices Infographic

The rightmove House Price Index is an interesting read, but their Infographic makes in so much easier to visually see how the the market is across the regions and property types. Check out the March Infograpic now.
Rate this blog entry:
Continue reading
8268 Hits
0 Comments

Asking price high broken as new record set

Rightmove March House Price Index sees asking prices break through the previous highs to set a new record across England and Wales. Key Figures Average asking prices through rightmove.co.uk up 1.6% over the month and 6.8% over the year. Average asking price for England and Wales is now £255,962 Broken the previous all-time high of £253,658 set back in July 2013 by an increase of 0.9% Slowdown seen in London with primer boroughs seeing price falls - yet a new record for the capital set, up 1.5% to £552,530 Rightmove.co.uk see an increase in supply to offset the buyer demand. 3.4% increase in properties advertised against last months figures Miles Shipside, Rightmove director and housing market analyst comments: “Spring is in the air and the country is finally on the move. With prices on the up and set to increase more, there is a greater sense of urgency among buyers, and...
Rate this blog entry:
Continue reading
8164 Hits
0 Comments