Tag: Wales

Hometrack: housing market holds steady

Hometrack: housing market holds steady

The housing market in England and Wales is “in broad equilibrium” despite prices continuing to edge lower, according to Hometrack, which recorded a 0.1% fall in the value of the typical dwelling in July, compared with June. However, there are wide regional variations: prices moved higher across 8% of postcodes (primarily in London) and were […]

July 25, 2011 More
Official: house prices in steepest decline since 2009

Official: house prices in steepest decline since 2009

Latest figures from the Land Registry show house prices in England and Wales falling by 1.1% in March, marking the largest monthly decline seen since February 2009. The only region to experience a monthly rise was the North West, with an upward movement of 0.7%, while in Wales house prices tumbled by 3.3%, compared with […]

May 5, 2011 More
House prices level but downward pressures loom

House prices level but downward pressures loom

House prices in England and Wales were unchanged in April, with no price fall recorded for the first time in nine months, according to Hometrack. A 0.3% rise in London prices offset small falls of up to -0.3% across other regions, with just under a quarter of the country showing falls. The housing intelligence firm […]

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 More
Halifax names property hotspots

Halifax names property hotspots

Ilford in Essex is the leading property sales hotspot in England and Wales, with an 85% rise in the number of homes sold in the first half of 2010, compared with the same period of 2009. Research from Halifax has identified Croydon and Maidenhead as the runners up, with sales rising 73% and 71% respectively. […]

October 3, 2010 More
Land Registry: house prices up 0.3%

Land Registry: house prices up 0.3%

The Land Registry’s latest house price index shows the average cost of a home in England and Wales rising by 0.3% in August. Having seen the fifth consecutive monthly increase, the value of the average home stood at £167,423, although on an annual basis the typical house price gain fell slightly compared with July, to […]

September 28, 2010 More
House prices slip 0.4%

House prices slip 0.4%

Hometrack recorded a 0.4% fall in house prices across England and Wales in September, as buyer demand slid by 2.9%. The average amount of time needed to sell a property increased to 9.3 weeks, up from 8.9 weeks in August. The South West posted the largest monthly decline, at 0.6%, followed by -0.5% in the […]

DCLG: house prices down in July

DCLG: house prices down in July

New figures from the Department for Communities and Local Government (DCLG) show the average UK house price falling by 0.3% in July, with the annual rate of inflation slowing to 8.4%, compared with 9.9% in June. On a country basis, annual house price rises were evident in England 9.0%; Scotland 3.7% and Wales 10.1%, while […]

September 15, 2010 More
House prices slip on supply / demand imbalance

House prices slip on supply / demand imbalance

Hometrack’s August housing market survey shows buyer interest in England and Wales falling away for the second consecutive month. Demand from new buyers declined by 2.2% on July, while the number of properties on the market rose by 2.4%. The shift cannot be blamed entirely on seasonal factor, with the typical rise in new properties […]

September 1, 2010 More
Land Registry: house price growth strongest this year

Land Registry: house price growth strongest this year

The Land Registry has reported that house prices in England and Wales increased by 0.4% in July, with growth at its strongest since the start of the year. The rise took the average value of a home to £166,798 but left annual growth at 6.7%, down from 8.4% in June. Data for London show monthly […]

August 31, 2010 More
House sales doubled since January

House sales doubled since January

Housing market transactions increased for the second consecutive month in July, according to the LSL/Acadametrics House Price Index. The Index, which is based on every house sale in England and Wales, showed an 11% rise, to 72,100, meaning that activity has doubled since January. July also saw house prices increase for the first time in […]

August 14, 2010 More
House prices slip as new buyer enquiries decline

House prices slip as new buyer enquiries decline

New research from Hometrack shows house prices in England and Wales slipping in July, for the first time in 15 months. The housing intelligence firm has recorded a 0.1% decline as the market continues to take up the impact of a surge in new instructions, alongside a 1.3% drop in new buyer enquiries. Hometrack director, […]

July 27, 2010 More
Official: annual house price rise in double digits

Official: annual house price rise in double digits

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 £207,516, taking into account a 0.9% rise over the three months to the end of April. However, the quarterly increase […]

June 16, 2010 More
Housing market “delicately poised”

Housing market “delicately poised”

Both the number of homes sold in England and Wales and the prices achieved fell during May, according to Acadametrics. The number of properties changing hands declined by an estimated 18% from April, while the value of the average home dipped by 0.2%. On an annual basis, prices in England and Wales were 9.7% higher […]

June 12, 2010 More
Head to Withernsea for affordable seaside homes

Head to Withernsea for affordable seaside homes

Those with a yearning to live by the sea should head north, according to research from Halifax. The lender has declared Withernsea in the East Riding of Yorkshire the most affordable seaside town in England and Wales, with house prices typically three times local annual gross average earnings. All ten most affordable seaside towns are […]

June 2, 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
Organic garden offers ethical investment opportunity

Organic garden offers ethical investment opportunity

Ethical investors in Wales are being given the opportunity to invest in an organic market garden. The 10-acre site will supply fresh produce – including vegetables, salads, and fruit – for Cardiff’s Riverside Market and a vegetable box scheme. The social enterprise will have an estimated turnover of £170,000 and will provide enough vegetables to […]

May 31, 2010 More
House prices achieve 12.9% annual gain

House prices achieve 12.9% annual gain

The latest house price index from Acadametrics shows the value of the average home in England and Wales rising by 0.5% in April, compared with March, to £225,963. The research tracks the twelfth consecutive month-on-month rise, which has given an annual increase of 12.9%. Acadametrics describes the recovery as “significant” but points out that London […]

May 17, 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