March 16, 2010 | Author

Author Alec Hanson

Compairison of the four House Price Indices

DCLG (Department for Communities and Local Government) is the last of the House Price Index figures to be released and it’s HPI for January 2010 shows house prices where 6.2% higher than January 2009 and 2.2% higher than December 2009.

Based on mortgage completions, this lines up with Rightmove.co.uk, Nationwide and Halifax HPIs, although the monthly increase was higher than the rest and yearly figure only just topped by Nationwide.

The forcasted yearly growth had been 3.6% and therefore 6.2% does represent a stronger increase than analysts had predicted.

Not surprisingly London still leads the regional average with the lowest being the North East.

For more information visit: www.communities.gov.uk/publications/corporate/statistics/hpi012010