October 5, 2011 | 
Author 
England & Wales house prices down
The Land Registry House price index for August reports that across England and Wales averages are down -0.3% in the month and -2.3% over the whole year.
This places the average house price at £162,347 – yet regionally this varies from the higher of London at £348,686 to the lows of the North East at £101,759.
Regionally this represents an actual increase in London of 2.1% over the year and 0.5% in the month, whereas the North East has seen a massive fall of -7.8% over the year, the largest of the regions, and -0.6% in the month.
House Completions
Along with a fall in the average house price, the number of completed house sales also fell by -13% to 54,776. Unsurprisingly the fall was even greater at -28% for properties in England and Wales over £1 million – down to only 465 houses.
Related posts:
The Land Registry has announced it's House Price Index (HPI) for July showing average house prices a...
The government HPI statistics from the Department for Communities and Local Government (DCLG) has ju...
The Rightmove December HPI sees only a 1.5% increase over the year 2011, ending quite an uncertain...
Categories: House Price Index |
Tags: August HPI 2011, House Price Index, house prices, house sales, Land Registry, price index | 
1 Comment »
Pingback: England & Wales house prices down | Property Developer and Investment News