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 [...]

Little change to Nationwide Average House Price

The Nationwide House Price Index (HPI) for September continued to show the stagnant pattern that is prevalent across the whole of the Housing Market. The HPI showed a tiny increase of 0.1% since August and a small yearly fall of -0.3%, leaving the average house price at £166,256 Commenting on the figures, Robert Gardner, Nationwide’s [...]

Market recovery appears as far away as ever!

Rightmove House price Index (HPI) for September 2011 reports a small increase in the average asking price, up 0.7% to £233,139 – a 1.5% increase on last year. However this just continues the cycle of ups and down in statistic reports, re-emphasing the uncertain environment we are operating within. Recovery far way The normal key [...]

“Modest Improvement” – Who could as for any more?

The Halifax House Price Index (HPI) for August shows a monthly fall of -1.2% and annual change of -2.6%. However the Quarterly change, which can sometimes be seen as more stable, reports a 1.0% increase. This sets the average house price for the UK at £161,743 and is higher than the previous quarter. Although the [...]