Tag: Land Registry

Land Registry: house prices slip 0.2%

Land Registry: house prices slip 0.2%

House prices in England and Wales slipped by 0.2% in May, according to Land Registry data. The average cost of a home stood at £165,314 during the month, with the decline taking the annual rate of inflation down to 8.2%. However, the Registry points out that May was the seventh month in a row in […]

June 28, 2010 More
Official annual house price inflation hits 8.5%

Official annual house price inflation hits 8.5%

House prices in England and Wales showed an 8.5% annual gain in April, the average value of a home having risen 0.2% on March, according to the Land Registry. The figure reflects the highest annual change since September 2007 and takes the average house price to £165,596. The North East experienced the greatest monthly rise […]

June 1, 2010 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 More
February house prices show 7% annual gain

February house prices show 7% annual gain

In February, the value of the average home in England and Wales rose 7% year-on-year, to £164,455, according to new figures from the Land Registry. The increase points towards a “strengthening in the housing market”, although the monthly house price change was negative, at -0.3%. On a regional basis, Wales was the region with the […]

March 28, 2010 More
Hundreds more jobs set to go at the Land Registry

Hundreds more jobs set to go at the Land Registry

According to The Times, the Land Registry is to axe a further 800 jobs, on top of the 1,500 job losses it announced last October. The Registry, which has 20 offices across the country and covers England and Wales and records and guarantees the ownership of domestic and commercial property, said staff would fall further […]

March 18, 2010 More
Official: house prices rise for six consecutive months

Official: house prices rise for six consecutive months

Land Registry data for November show the average house price in England and Wales rising for the sixth consecutive month, to £161,554. The value of a typical home increased 0.9%, taking the annual decline to just 0.3%, or £8,800 above its April nadir. Wales experienced the greatest monthly rise with a positive movement of 2.9%. […]

December 30, 2009 More
Official figures show October house price rise

Official figures show October house price rise

Land Registry figures shows house prices in England and Wales rising 0.6% in October 2009, compared to a month earlier. The average value of a home increased for the fifth successive month, to £159,546, with the annual decline falling back to minus 3.4%. The North West of England saw the biggest monthly gain, at 1.9%, […]

November 28, 2009 More
Land Registry reports 0.9% rise in house prices in September

Land Registry reports 0.9% rise in house prices in September

The Land Registry has today reported a rise in house prices in England and Wales in September. According to the Registry, house prices rose by 0.9% in September compared with August putting the average cost of a home at £158,377. It must be noted that the Land Registry compiles its data from completed transactions and […]

October 28, 2009 More
Land Registry to close quarter of offices and axe 1500

Land Registry to close quarter of offices and axe 1500

According to The Times, the Land Registry is today set to announce plans to close 25% of its national offices, which will result in 1,500 job losses. The Registry, which has 20 offices across the country, covers England and Wales and records and guarantees the ownership of domestic and commercial property. The organisation enables anyone […]

October 22, 2009 More
Official: house prices remained flat in August

Official: house prices remained flat in August

New figures from the Land Registry show house prices in England and Wales remaining largely flat in August with an average 0.1% fall across the regions, when compared to July. The news follows a rally in July when prices put on an average 1.7%, compared with June, marking the biggest monthly increase since July 2004. […]

September 28, 2009 More
Official figures show 1.7% rise in house prices

Official figures show 1.7% rise in house prices

Official figures show house prices in England and Wales rising by 1.7% in July, compared with June, marking the biggest monthly increase since July 2004. According to Land Registry data all regions recorded a monthly rise in values, nudging the average cost of a home up to £155,885 (from £153,046 in June) and easing the […]

August 29, 2009 More
Land Registry workload “fallen off a cliff”

Land Registry workload “fallen off a cliff”

In presenting its 2008/09 annual report, the Land Registry describes its core businesses as having “collapsed” as the property downturn deepened. The service’s work registering new homes in England and Wales plummeted by 75% compared to a year earlier and total applications handled in the year to the end of March fell to 26.7 million, […]

August 19, 2009 More
Land Registry detects 0.1% jump in house prices

Land Registry detects 0.1% jump in house prices

Monthly figures from the Land Registry show house prices in England and Wales rising in June, for the first time since January 2008. The average cost of a home jumped 0.1% compared with May, to £153,046. However, the increase leaves prices 14% lower than a year earlier and the Registry cautions that the size of […]

July 28, 2009 More
Land Registry fees increase from today

Land Registry fees increase from today

The Land Registry, which records and guarantees the title of property in England and Wales, has increased certain of its fees from today, 6th July. The Government body needs the additional revenue to help reduce operating losses caused by the collapse of the UK housing market. The increases mean that the fee for registering a […]

July 6, 2009 More
Official figures show house price slide easing to 0.2%

Official figures show house price slide easing to 0.2%

Latest figures from the Land Registry show house prices in England and Wales declining by 0.2% in May, with the average property worth £152,497. While the monthly change remained negative, the rate of fall eased from 0.3% in April and the annual rate of decline fell back to 15.9% compared with 16.2% in April. In […]

June 26, 2009 More
Land Registry tracks 0.3% April fall in house prices

Land Registry tracks 0.3% April fall in house prices

House prices in England and Wales fell 0.3% in April, according to Land Registry data. The shift left the annual rate of decline steady from March at 16.2% and the average cost of a home at £152,898 or £29,659 less than a year earlier. The North East saw the most significant price fall during the […]

June 1, 2009 More
Land Registry hikes fees to make ends meet

Land Registry hikes fees to make ends meet

A victim of the housing market downturn, the Land Registry is increasing its registration fees for properties in England and Wales. From 6th July the cost of registering an average first-time buyer property worth £100,000 will rise from £100 to £130. The fee for a home worth £150,000 is increasing from £150 to £200, while […]

April 15, 2009 More
Land Registry reports 16.5% annual fall in house prices

Land Registry reports 16.5% annual fall in house prices

Official figures from the Land Registry show house prices in England and Wales falling a further 2% during February, taking the annual rate of decline to 16.5% and marking 18 consecutive months of sliding values. According to the data, the average price of a house now stands at £153,862, a level last seen in September […]

March 29, 2009 More
Land Registry reports 15.1% annual fall in house prices

Land Registry reports 15.1% annual fall in house prices

The Land Registry has become the latest contributor to depressing statistics on the UK housing market. The body, which reports one month behind other house price commentators, calculates that in January house prices in England and Wales were 15.1% lower than a year earlier. The average value of a home fell 0.8% on December, marking […]

March 1, 2009 More
Land Registry reports 13.5% fall in house prices

Land Registry reports 13.5% fall in house prices

The Land Registry has reported that house prices in England and Wales fell by 13.5% in 2008, with the average value of a home dipping a further 2% in December, to £158,846. By way of comparison, yesterday Nationwide reported an annual decline of 15.9% in December. According to the Registry, Wales was the only region […]

January 30, 2009 More