Tag: average house price

House prices unlikely to rise says Halifax

House prices unlikely to rise says Halifax

The Halifax expects house prices to be the same at the end of the year as they were at the beginning, with uncertain economic conditions stifling demand. The bank, which is part of the Lloyds Banking Group, reported a 0.1 per cent fall in house prices in May 2012, compared with May 2011. However, compared [...]

June 7, 2012 | 0 Comments More
Official: annual house price inflation 5.2%

Official: annual house price inflation 5.2%

The Land Registry has reported annual house price growth of 5.2% across England and Wales in September, marking the eleventh consecutive month in which annual property price inflation has remained above zero. However, the value of the typical home was at its lowest since December 2009 and the monthly change of -0.2% was the first [...]

October 29, 2010 | 0 Comments More
Rise in homes for sales out strips demand threefold

Rise in homes for sales out strips demand threefold

Hometrack has reported that new buyer registrations virtually ground to a halt in June, increasing by just 0.1%. Six out of ten UK regions saw a decline, with London posting the largest fall at minus 0.9%. According to the housing intelligence firm, growth in demand has been slowing for the last four months as the [...]

July 14, 2010 | 0 Comments More
Official annual house price inflation at 7.5%

Official annual house price inflation at 7.5%

The Land Registry has published house price data for March showing a positive annual change of 7.5% and marking the fifth consecutive month of growth. However, the monthly change stood at minus 0.6%, taking the average house price in England and Wales down slightly, to £164,288. The East Midlands was the region with the most [...]

April 30, 2010 | 0 Comments More
Official: house prices up an annual 6.2% in January

Official: house prices up an annual 6.2% in January

The latest house price index from the Department for Communities and Local Government claims that in January, prices were up 6.2% year-on-year, having risen 2.2% since December. The analysis puts the value of the average UK home at £207,159 in January, having shown an increase of 4.8% over three months. The quarterly figure compares with [...]

March 18, 2010 | 0 Comments More
House sales plummet but prices recover to 2007 levels

House sales plummet but prices recover to 2007 levels

Since the start of the year, house sales in England and Wales have fallen dramatically, the BBC reports. New data obtained by the BBC from research-based consultancy, Acadametrics, show January transaction levels down 52% on December, at 36,000. February looks little better with an estimated 40,000 completed sales, although seasonal trends, winter weather, and the [...]

March 12, 2010 | 0 Comments More
Official figures show 2.9% house price gain for 2009

Official figures show 2.9% house price gain for 2009

Latest UK house price statistics from the Department for Communities and Local Government (DCLG) show the value of a typical home up 2.9% in December, compared to a year earlier. The month saw a 0.8% increase on November, taking the average house price to £200,307 and completing a 2.9% gain for the final quarter of [...]

February 17, 2010 | 0 Comments More
Halifax reveals most expensive addresses

Halifax reveals most expensive addresses

Halifax has identified the most expensive addresses in England and Wales, with Wycombe Square in the Royal Borough of Kensington and Chelsea topping the league at an average property price of £5,401,447. According to the lender’s research, the Royal Borough provides half of the 20 most expensive residential streets in the survey, while Greater London [...]

December 29, 2009 | 0 Comments More
House prices put on 1.6%

House prices put on 1.6%

The latest property index from Halifax shows UK house prices increasing by 1.6% in September, easing the annual rate of fall to 7.4%. Last month, the typical UK home cost £163,533, a figure similar to that recorded in mid-2005. The lender says the value of the average property rose for the third consecutive month and [...]

October 6, 2009 | 0 Comments More