Land Registry House Price Index > August data shows an annual price increase of 4.2 per cent with East England most significant movements
Land Registry: Who we are and what we do
- The August data shows an annual price increase of 4.2 per cent
- Average property value in England and Wales to £184,682.
- Monthly house prices up 0.5 per cent since July 2015.
The regional data indicates that:
- the region with the most significant annual price increase is the East with a movement of 8.4 per cent.
- London experienced the greatest monthly rise with a movement of 1.7 per cent
- the North West saw the lowest annual price increase of 0.2 per cent.
- the North West also saw the most significant monthly price decrease with a fall of 1.4 per cent.
Sales and repossessions during June 2015, the most up-to-date figures available, show that:
- the number of completed house sales in England & Wales decreased by 13 per cent to 70,404 compared with 80,823 in June 2014
- the number of properties sold in England and Wales for over £1 million decreased by 17 per cent to 1,031 from 1,237 a year earlier
- repossessions in England and Wales decreased by 43 per cent to 498 compared with 868 in June 2014
- the region with the greatest fall in the number of repossession sales was London.
The August data for London
shows a monthly increase of
1.7 per cent. At 6.6 per cent, the
annual change for London is
higher than most other regions.
The average price of property in
the capital is £493,026 in
comparison with the average
for England and Wales of
£184,682
Key regional observations
— The region with the most significant annual price
increase is the East with a movement of 8.4 per cent.
— The North West saw the lowest annual price increase
of 0.2 per cent.
— London experienced the greatest monthly price rise
with a movement of 1.7 per cent.
— The North West also saw the greatest monthly price
decrease with a fall of 1.4 per cent.
Region | Monthly change since July 2015 | Annual change since August 2014 | Average price August 2015 |
---|---|---|---|
London | 1.7% | 6.6% | £493,026 |
South West | 1.1% | 5.4% | £194,088 |
South East | 0.8% | 7.6% | £254,658 |
West Midlands | 0.6% | 3.2% | £140,417 |
East | 0.5% | 8.4% | £210,042 |
England and Wales | 0.5% | 4.2% | £184,682 |
North East | 0.5% | 0.4% | £100,943 |
Wales | 0.2% | 0.9% | £118,899 |
East Midlands | -0.2% | 3.5% | £136,243 |
Yorks and Humber | -0.3% | 1.2% | £123,063 |
North West | -1.4% | 0.2% | £113,732 |
Average price by property type 2015 to 2014
Average price by property type (England & Wales) | August 2015 | August 2014 | Difference |
---|---|---|---|
Detached | £289,507 | £276,985 | 4.5% |
Semi-detached | £175,299 | £167,412 | 4.7% |
Terraced | £138,975 | £133,967 | 3.7% |
Flat/maisonette | £176,801 | £169,940 | 4.0% |
All | £184,682 | £177,174 | 4.2% |
Sales volumes 2014 to 2013
Month | Sales 2014 England & Wales | Sales 2013 England and Wales | Difference |
---|---|---|---|
January | 65,214 | 43,413 | 50% |
February | 65,025 | 45,289 | 44% |
March | 67,355 | 54,755 | 23% |
April | 70,271 | 51,066 | 38% |
May | 77,492 | 66,377 | 17% |
June | 80,823 | 66,180 | 22% |
July | 84,673 | 73,761 | 15% |
August | 87,839 | 79,511 | 10% |
September | 78,794 | 69,737 | 13% |
October | 86,240 | 76,684 | 12% |
November | 73,041 | 82,873 | -12% |
December | 77,720 | 79,633 | -2% |
Total | 914,487 | 789,279 | 16% |
Sales volumes 2015 to 2014
Month | Sales 2015 England and Wales | Sales 2014 England and Wales | Difference |
January | 56,530 | 65,214 | -13% |
February | 57,458 | 65,025 | -12% |
March | 64,182 | 67,355 | -5% |
April | 60,148 | 70,271 | -14% |
May | 67,466 | 77,492 | -13% |
June | 70,404 | 80,823 | -13% |
Repossessions by region 2015 to 2014
Repossessions by region | June 2015 | June 2014 | Difference |
---|---|---|---|
East | 29 | 54 | -46% |
East Midlands | 51 | 73 | -30% |
London | 37 | 86 | -57% |
North East | 18 | 30 | -40% |
North West | 115 | 221 | -48% |
South East | 65 | 99 | -34% |
South West | 30 | 60 | -50% |
Wales | 45 | 62 | -27% |
West Midlands | 41 | 77 | -47% |
Yorkshire & The Humber | 67 | 106 | -37% |
All | 498 | 868 | -43% |
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How low can you go ? speech by Andy Haldane BoE Chief Economist
Three Truths about Finance - Governor of BoE - Mark Carney
Government ministers and housing association leaders have negotiated a deal to extend the right-to-buy policy
Mortgage Lenders and Administrators statistics Bank of England Sept 2015
UK net lending of mortgages, hits 5 year high
Help to Buy >Equity Loan scheme > Help to Buy NewBuy statistics Data to 30 June 2015 England
easyproperty.com CEO Rob Ellice says 42 % of UK will soon be using Online Estate Agents
property eCommerce is booming !
Princes William and Harry visit DIY SOS street in Manchester UK
UK lending for mortgages reaches 5 year high BBA
Right to Buy Homes Sales: April to June 2015 England Update
The number of real estate agency uk jobs slowing at a dramatic rate 5000 decline factors
Marie's Question >Jeremy Corbyn The New Labour Leader takes his seat in the Houses of Parliament
More UK Homes sold in August 2015 than any month since Feb 2014 HMRC figs show
Building Markets for the Good of People > BoE Open Forum
Mortgage Update> lending hits eight-year high ,12 % Higher than 2014
Emoov online estate agent funding smashes past £1 million
English house prices see biggest September jump since 2002
Rogue landlords should face stronger sentencing tougher license conditions and potential blacklisting says LGA
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