May 5, 2011 | Author

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Land Registry HPI down in all regions - except the North West!

The Land Registry is seen as the most accurate independent house price index and it’s data for March reports a fall of -1.1% across.

This places the average house price for England and Wales at £160,996

Suprisingly this fall is also reflected in London with a -1.0% change, the only regional area not to report a fall was the North West with a 0.7% increase and an average house price of £116,446.

What this shows is that prices are indeed static with a slight downward trend and this is inline with reports from the other leading House Price Index organisations.

For more information and video footage visit: http://www.bbc.co.uk/news/business-13286475

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Category Categories: House Price Index | Tag Tags: House Price Index, HPI, investment, Land Registry, March HPI 2011, News, price index | No Comments »