House prices up in 2011, just!

With the overall economy having a rough and uncertain year in 2011, it is no surprise that the housing market would also suffer. However in comparison it has faired pretty well ending the year up by 1% over the course of 2011. Although not a massive positive move, it does demonstrate that the housing market [...]

Rightmove average asking price little changes over the year

The Rightmove December HPI sees only a 1.5% increase over the year 2011, ending quite an uncertain year pretty unchanged – albeit positive. The average asking price for December was £223,766 – down -2.7% in the month from Novembers Index. With RPI still at 5.2% this does actually represent nearly a 4% fall in real [...]

UK House prices Edge up further

The average house price in the UK increased by a small 0.4% in November. However in does continue the gradual increase in prices seen by Nationwide recently. Further the typical home is now 1.6% higher than 1 year ago, with an average house price of £165,798. Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, [...]

London again the only region seeing an increase

  London is again the only region that has seen an increase in average property price over the last 12 months, according to the Land Registry. Overall in October England and Wales has seen a fall of -0.9% to leave the average house price at £159,999. This further represents a -3.2% annual changes since the [...]

UK Housing Market hit by Eurozone jitters

The Rightmove.co.uk House Price Index (HPI) for November 2011 sees a remarkable fall in house for sale prices and seller numbers. The November figures reported a large fall of -3.1% which is in complete contrast to the sizable positive 2.8% rise last month. This places the average asking price coming to the market at £232,144, [...]

House prices down on last three months.

The October House Price Index from Halifax reports that house prices in the preceeding 3 months where 0.3% lower than the 3 months before that. Other key facts: The monthly average house price change was 1.2%, placing the average house price at £163,311 The annual HPI change was -1.8%, however the average is marginally higher [...]

Halifax October HPI: Housing Market Resilient in face of shaky economy

The Halifax average house price for October stands at £163,311 – leaving the House Price Index (HPI) up 1.2% against September. However the less volatile quarterly percentage change is down -0.3% and annual change (3 months to October compared to the same period last year) down -1.8%. These figures continue the very mixed pattern to [...]

Land Registry House Prices Index Down

The Land Resgistry House Price Index (HPI) for September 2011 reports a fall in house prices by -2.6% since last year, down to £162,019. This represents a -0.3% fall since August and continues the negatives monthly price trend seen in August. Unsurprisingly the only area in England and Wales that has seen an increase over [...]

North / South divide becoming a chasm!

Rightmove.co.uk sees quite a substantial National rise of 2.8% in new seller asking prices since September and 1.2% since last year. Average National Property prices are therefore £239,672 against £233,139 in September. Yet this national figures masks the underlying two tier property market taking place within the UK. The south is pulling away from the [...]

Halifax HPI Reporting much the same

The Halfifax HPI for September reported very much the same as other House price Indices, continuing the static market caused by the ongoing uncertainty in the wider economy. Halifax reports prices a smidge down by -0.5% last month to £161,132, which represents a Quarterly change of 0.1% but an annual fall of -2.3%. The has [...]