AVERAGE HOUSE PRICES (Latest figures released)
Office for National Statistics – February 2015
UK Average = £268k, up 7.2% over the year, a 0.6% increase over the month
Excluding London and the South East:  Average = £207k, up 5.9% over the year.
Land Registry – March 2015
Average for England and Wales = £178,007, down 0.8% in the month, up 5.3% over the year.
Halifax – March 2015
UK Average = £192,970, up 0.4% in the month, up 2.6% in the quarter, up 8.1% in the year.
Nationwide – April 2015
UK average = £193,048, up 1.0% in the month, up 5.2% in the year.
Rightmove – 8th March to 11th April 2015
UK average = £286,133, up 1.6% in the period, up 4.7% in the year.
Acadata – March 2015
Average England and Wales = £275,123, up 0.2% from last month, up 5.6% in the year.
Excluding London and the South East: up 3.5% in the year.
REGIONAL HOUSE PRICES
Office for National Statistics – February 2015
England average = £280k, up 7.4% over the year.
Wales average = £170k, up 1.1% over the year.
Scotland average = £194k, up 6.4% over the year.
Northern Ireland average = £152k, up 14.2% over the year.
| Average price | Monthly change | Annual change | |
| Rightmove regional figures | |||
| Greater London | £594,585 | +2.5% | +6.8% |
| South East | £372,742 | +0.9% | +5.3% |
| South West | £278,378 | +1.8% | +4.2% |
| East of England | £299,559 | +0.6% | +6.6% |
| West Midlands | £196,423 | +1.5% | +2.8% |
| East Midlands | £184,871 | +0.9% | +3.4% |
| Wales | £176,912 | +4.4% | -0.4% |
| North West | £173,403 | +0.7% | +2.2% |
| Yorkshire & Humberside | £170,307 | +1.1% | +2.0% |
| North East | £146,361 | +2.2% | +2.3% |
| Average price | Monthly change | Annual change | |
| Land Registry regional figures | |||
| London | £462,799 | +0.2% | +11.3% |
| South East | £243,512 | +0.8% | +10.1% |
| South West | £185,162 | -0.7% | +3.8% |
| East | £199,133 | -1.2% | +8.4% |
| West Midlands | £136,761 | -0.2% | +2.8% |
| East Midlands | £133,063 | -0.2% | +4.2% |
| Wales | £117,828 | -2.9% | +2.7% |
| North West | £111,149 | -0.9% | +2.2% |
| Yorkshire & Humberside | £120,914 | -0.2% | +3.3% |
| North East | £97,444 | -4.0% | -2.9% |
FOCUS ON LONDON
| Average Price | Monthly change | Annual change | |
| Largest changes according to: | |||
| Rightmove (8th Mar to 11th April ‘15) | |||
| Tower Hamlets | £618,236 | +13.5% | [+20.4%] |
| Wandsworth | £761,901 | -5.8% | [+1.0%] |
| Newham | £351,190 | [+3.0%] | +20.6% |
| Haringey | £561,762 | [-3.4%] | -3.4% |
| LSL Acadata (Feb ’15): | |||
| City of London | £1,039,286 | +8.2% | [+20.6%] |
| Hammersmith & Fulham | £971,553 | -3.7% | [+19.0%[ |
| City of Westminster | £1,521,012 | [-1.2%] | +22.8% |
| Lambeth | £546,051 | [+3.7%] | -3.1% |
| Land Registry (Mar ’15): | |||
| Hackney | £601,378 | +1.6% | [+12.6%] |
| Newham | £291,364 | [+0.1%] | +19.8% |
| Kensington & Chelsea | £1,296,754 | [-1.6%] | +5.2% |
[Figures in bold are the top and bottom of the scale, figures in square brackets are for information only]
RICS Survey Overview.
The RICS Residential Market Survey for March 2015 (published 16th April 2015) says that “Supply conditions continue to tighten”, and that the influencing factors include “the recent change in stamp duty and uncertainty over the upcoming general electionâ€.
Yet again, Northern Ireland saw the largest price increases over the month, followed by Scotland, whilst the North and London saw the only decreases.
Northern Ireland also had the highest level of agreed sales, whereas the North West saw the largest falls.
Northern Ireland had the highest positive levels of enquiries in the month whereas the North West saw the largest drop.
The highest level of vendor instructions was also Northern Ireland, whereas the lowest was in London – although the North West wasn’t far behind.
Source: Royal Institution of Chartered Surveyors
About Rightmove.co.uk:
Rightmove.co.uk is the UK’s leading property website, displaying details of homes for sale or rent to the largest online audience. It is consistently ranked the number one property website in the UK (source: Experian Hitwise). It has around 90% of all properties for sale and at any time displays a stock of over one million properties to buy or rent, worth around £270 billion. The Rightmove.co.uk site attracts over 90 million visits from home movers each month who view in excess of one billion pages (Rightmove data, October 2014).
LSL Acad E&W HPI is derived from Land Registry (LR) house price data, seasonally and mix adjusted by property type. © Crown copyright material reproduced with the permission of Land Registry. The prices are smoothed to show underlying trends. LSL Acad E&W HPI includes cash purchase prices and is the only index based upon the complete, factual house price data for England & Wales, as opposed to a sample.
The Office for National Statistics (ONS) House Price Index (HPI), previously published by the Department for Communities and Local Government (DCLG), is a monthly release that publishes figures for mix-adjusted average house prices and house price indices for the UK, its component countries and regions.
The index is calculated using mortgage financed transactions that are collected via the Regulated Mortgage Survey by the Council of Mortgage Lenders.
Next Monthly Market Fact File due in June 2015.