UK house prices increased by 0.6% in November and were 6.5% higher than November 2012, according to the latest Nationwide Building Society Monthly House Price Index.
Robert Gardner, Nationwide’s Chief Economist, said: “UK house prices rose by 0.6% in November taking the annual rate of increase to 6.5% – the strongest pace since July 2010, though prices are still around 6% below the all-time high recorded in late 2007. Continue reading
Average UK house prices have risen to £209,923, up 3% on month and 11% annually according to the November 2013 National Housing Market Index from Sequence.
Sales transactions increased by 4% in October, up 33% annually, a three year high whilst London prices hit a new high of £404,199, up 4% on month and 10% annually. Continue reading
Average first time buyer property prices are now £152,593, up 6.1% annually and 3.2% on month according to the haart National Housing Market Monitor , November 2013.
Average UK property prices are up 11.5% annually to £191,343 with 92% more buyer enquiries in the first week of October 2013 than the first week of October 2012. Continue reading
House prices in market towns are on average £14,000 (or 6%) higher than their county average, according to research from Lloyds Bank.
Two out of three market towns have an average house price that is above their county average. Beaconsfield is the most expensive English market town with an average house price of £861,371 and also has the largest premium with houses trading at 181% (or £554,917) above the county average. Bakewell has the next highest premium with prices 99% (£160,459) above the Derbyshire average, followed by Keswick in Cumbria (95%). Continue reading
Prime country house prices increased in value by 0.8% in Q3 2013, according to the latest data from Knight Frank.
While prices for London’s best homes are 24% higher than their previous peak before the financial crisis, country house prices remain 20% below their respective high in Q3 2007 but there are large variations in price growth depending on location with the largest price rises in commuter towns close to London. Continue reading
The average asking price of property coming to market fell by 2.4% (-£6,181) in November, in line with the usual pre-Christmas slowdown according to the latest Rightmove House Price Index.
This compares with an average November fall over the last three years of 3%, so while this year’s drop is slightly more muted, it still reflects a reduction in the number of good quality higher-priced properties coming to market as the festive season approaches. Continue reading
The UK house price index level (184.9) has dropped back slightly from the peak last month (186.0) according to latest data from the Office for National Statistics.
However, annual UK price growth has continued to increase due to larger falls in property prices in September 2012. Continue reading
The proportion of properties for sale across the UK that have seen their asking price reduced has fallen significantly as confidence builds in the property market.
Research by property website Zoopla reveals that only 31% of properties on the market today have had their asking prices cut since first being listed, down significantly from 40% in November 2011, 2 years ago. Continue reading
House prices jumped once again last month as rocketing interest from would-be buyers dwarfed the amount of properties coming onto the market, says October’s RICS Residential Market Survey.
The proportion of chartered surveyors reporting price rises hit an eleven-year high, as the net balance of respondents reporting rises jumped to 57%. Continue reading
The price of a house has risen in all regions in England & Wales for first time in three years according to the latest LSL/Acadametrics England and Wales House Price Index.
The most property transactions have been recorded in an October since 2007 and house prices are up 4.3% from a year ago, setting a new record high. Continue reading