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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
South West1.1%5.4%£194,088
South East0.8%7.6%£254,658
West Midlands0.6%3.2%£140,417
England and Wales0.5%4.2%£184,682
North East0.5%0.4%£100,943
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

Sales volumes 2014 to 2013

MonthSales 2014 England & WalesSales 2013 England and WalesDifference

Sales volumes 2015 to 2014

MonthSales 2015 England and WalesSales 2014 England and WalesDifference

Repossessions by region 2015 to 2014

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

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