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Land Registry House Price Index > August data shows an annual price increase of 4.2 per cent with East England most significant movements





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  • 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.





RegionMonthly change since July 2015Annual change since August 2014Average price August 2015
London1.7%6.6%£493,026
South West1.1%5.4%£194,088
South East0.8%7.6%£254,658
West Midlands0.6%3.2%£140,417
East0.5%8.4%£210,042
England and Wales0.5%4.2%£184,682
North East0.5%0.4%£100,943
Wales0.2%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 2015August 2014Difference
Detached£289,507£276,9854.5%
Semi-detached£175,299£167,4124.7%
Terraced£138,975£133,9673.7%
Flat/maisonette£176,801£169,9404.0%
All£184,682£177,1744.2%

Sales volumes 2014 to 2013

MonthSales 2014 England & WalesSales 2013 England and WalesDifference
January65,21443,41350%
February65,02545,28944%
March67,35554,75523%
April70,27151,06638%
May77,49266,37717%
June80,82366,18022%
July84,67373,76115%
August87,83979,51110%
September78,79469,73713%
October86,24076,68412%
November73,04182,873-12%
December77,72079,633-2%
Total914,487789,27916%

Sales volumes 2015 to 2014

MonthSales 2015 England and WalesSales 2014 England and WalesDifference
January56,53065,214-13%
February57,45865,025-12%
March64,18267,355-5%
April60,14870,271-14%
May67,46677,492-13%
June70,40480,823-13%

Repossessions by region 2015 to 2014

Repossessions by regionJune 2015June 2014Difference
East2954-46%
East Midlands5173-30%
London3786-57%
North East1830-40%
North West115221-48%
South East6599-34%
South West3060-50%
Wales4562-27%
West Midlands4177-47%
Yorkshire & The Humber67106-37%
All498868-43%
Access the full August HPI report.

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