Official data from the Department for Communities and Local Government (DCLG) today revealed UK house prices rose by 0.6% in August compared with July. However, on an annual basis, house prices are 1.3% lower, taking the average UK house price to A?208,476. The data from the DCLG is based on mortgage completions figures collected by […]
Official data from the Department for Communities and Local Government (DCLG) today revealed UK house prices rose by 1.2% in March compared with February. On an annual basis, house prices are 0.9% higher, taking the average UK house price to A?205,565. The data from the DCLG is based on mortgage completions figures collected by the […]
Official data from the Department for Communities and Local Government (DCLG) today revealed UK house prices rose by 0.3% in February compared with January, with the average UK home costing A?204,164. On an annual basis, house prices rose 0.7% – beating expectations for a 0.1% rise. The data from the DCLG is based on mortgage […]
Official data from the Department for Communities and Local Government (DCLG) today revealed UK house prices fell by 1.4% in January compared with December, with the average UK home costing A?208,552. On an annual basis, house prices are now 0.5% lower – compared with 3.8% in December – the eighth month in a row in […]
A report by the Institute for Public Policy Research (IPPR) has established that England could face a massive housing shortage by 2025. The think tank concludes that there is likely to be a shortfall of 750,000 homes by 2025 with the areas worst hit including London, the South East of England, the East, and Yorkshire […]
Official data from the Department for Communities and Local Government (DCLG) today revealed UK house prices rose by 0.5% in December compared with November, with the average UK home costing A?208,148. In the meantime, on an annual basis, house prices are 3.8% higher, according to the DCLG. For the 2010 year, house prices in England […]
National Statistician Jil Matheson is recommending a single headline measure of house prices be introduced. Ms Matheson, the Government’s chief adviser on official statistics, conducted a review into official housing data following concerns from people who monitor house prices from various indices. Currently, there are two official house price indexes, one published by the Land […]
Official data from the Department for Communities and Local Government (DCLG) today revealed UK house prices fell by 0.1% in October compared with September, with the average UK home costing A?209,466. In the meantime, on an annual basis, house prices are just 5.5% higher, down from the 6.1% annual rise in September. The figures come […]
Official data from the Department for Communities and Local Government (DCLG) today revealed UK house prices fell by 0.8% in September compared with August, with the average UK home costing A?211,815. The quarter-on-quarter growth rate, which is a more reliable indicator or near-term price trend, also fell by 0.7%, compared with a rise of 1.6% […]
Official data from the Department for Communities and Local Government (DCLG) today revealed UK house prices crept up by 0.7% in August compared with July, with the average UK home costing A?213,116. On an annual basis, house prices were up 8.3% in August, slightly down from the 8.4% reported in July. Despite the monthly rise, […]
The Department for Communities and Local Government is claiming that new figures justify concerns over the number of gardens “grabbed” for development in the last 12 years. According to Decentralisation Minister, Greg Clark, the percentage of new homes built on previously residential land, which includes back gardens, has increased to 25%, up 14% since 1997, […]
House prices were 10.1% higher in April than a year earlier, having gained 0.4% during March. New figures from the Department for Communities and Local Government put the average cost of a UK home at A?207,516, taking into account a 0.9% rise over the three months to the end of April. However, the quarterly increase […]
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 A?207,159 in January, having shown an increase of 4.8% over three months. The quarterly figure compares with […]
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 A?200,307 and completing a 2.9% gain for the final quarter of […]
House building in England has surged, with figures from the Department for Communities and Local Government showing a 63% quarterly rise in the number of new starts. During the three months to the end of June work began on an estimated 29,980 homes although the figure fell 9% short when compared to the same period […]
The Department for Communities and Local Government (DCLG) has released housing market statistics for April, showing a 1.1% month-on-month increase in prices. The rise left the average price of a home 13.0% down on April 2008, at A?189,215. On a regional basis, annual price falls are as follows: England -13.2%; Wales -10.3%; Scotland -8.6% and […]
The Department for Communities and Local Government (DCLG) has released its UK house price statistics for January, based on mortgage completions during the month. The figures show the average cost of a home falling 11.5% since January 2008, to A?195,724. However, the decline in prices eased during the three months to the end of January […]
MPs have slammed the government department that has responsibility for UK housing issues. In a newly published report, a committee reviewing the work of the Department for Communities and Local Government (DCLG) has concluded that the government body lacks the skills needed to formulate the policies for which it is responsible. The taxpayer has been […]
Figures from the Department for Communities and Local Government (DCLG) show UK house prices falling 2.3% in December. Detached homes were at the forefront of the decline with the average value falling by 4.1% during the month. Meanwhile, terraced houses lost 0.8%; flats were down an average 2.4%; bungalows and semi-detached homes down by 2.3% […]
The Government is today unveiling a number of measures to help kick-start the UK housing market by offering relief to homeowners in financial difficulties and first-time buyers. Households in England earning less than A?60,000 per annum will be helped into home ownership with a loan of up to 30% of a property’s value. The loan […]
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