{"id":11414,"date":"2015-01-07T11:32:48","date_gmt":"2015-01-07T10:32:48","guid":{"rendered":"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=11414"},"modified":"2015-01-20T10:55:39","modified_gmt":"2015-01-20T09:55:39","slug":"property-market-monthly-fact-file-january-2015","status":"publish","type":"page","link":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=11414","title":{"rendered":"Property Market Monthly Fact File &#8211; January 2015"},"content":{"rendered":"<p style=\"text-align: center;\"><em>We have redesigned the fact file this month to be more concise. Do you like the new format? If you prefer the old style, it is available on <a title=\"Property Market Monthly Fact File \u00e2\u20ac\u201c January 2015\" href=\"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=11414\">this link<\/a>.<\/em><\/p>\n<p><strong>AVERAGE HOUSE PRICES<\/strong><\/p>\n<p><strong>Office for National Statistics &#8211; October 2014<\/strong><br \/>\nUK Average = \u00c2\u00a3271k, up 10.4% over the year,\u00c2\u00a0 a 0.1% increase over the month<br \/>\nExcluding London and the South East: \u00c2\u00a0Average = \u00c2\u00a3206k, up 6.7% over the year.<\/p>\n<p><strong>Land Registry \u00e2\u20ac\u201c November 2014<\/strong><br \/>\nAverage for England and Wales = \u00c2\u00a3176,581, down 0.1% in the month, up 7.1% over the year.<\/p>\n<p><strong>Halifax \u00e2\u20ac\u201c November 2014<\/strong><br \/>\nUK Average = \u00c2\u00a3186,941, up 0.4% in the month, up 0.7% in the quarter, up 8.2% in the year.<\/p>\n<p><strong>Nationwide \u00e2\u20ac\u201c December 2014<\/strong><br \/>\nUK average = \u00c2\u00a3188,559, up 0.2% in the month, up 1.1% in the quarter, up 7.2% in the year.<\/p>\n<p><strong>Rightmove \u00e2\u20ac\u201c 9th November to 7th December 2014<\/strong><br \/>\nUK average = \u00c2\u00a3258,424, down 3.3% in the period, up 7.0% in the year.<\/p>\n<p><strong>Acadata \u00e2\u20ac\u201c October 2014<\/strong><br \/>\nAverage England and Wales = \u00c2\u00a3280,733, up 0.8% in the month, up 11.8% in the year.<br \/>\nExcluding London and the South East: up 5.7% in the year.<\/p>\n<p><strong>REGIONAL HOUSE PRICES<\/strong><\/p>\n<p><strong>Office for National Statistics &#8211; October 2014<\/strong><br \/>\nEngland average = \u00c2\u00a3283k, up 10.8% over the year.<br \/>\nWales average = \u00c2\u00a3172k, up 5.7% over the year.<br \/>\nScotland average = \u00c2\u00a3194k, up 4.9% over the year.<br \/>\nNorthern Ireland average = \u00c2\u00a3137k, up 4.9% over the year.<\/p>\n<p><strong>Rightmove regional figures <\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"\"><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Average price<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Monthly change<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Annual change<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"\">Greater London<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3570,706<\/td>\n<td style=\"text-align: center;\" width=\"\">-5.1%<\/td>\n<td style=\"text-align: center;\" width=\"\">+11.1%<\/td>\n<\/tr>\n<tr>\n<td width=\"\">South East<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3332,659<\/td>\n<td style=\"text-align: center;\" width=\"\">-4.1%<\/td>\n<td style=\"text-align: center;\" width=\"\">+9.5%<\/td>\n<\/tr>\n<tr>\n<td width=\"\">South West<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3265,060<\/td>\n<td style=\"text-align: center;\" width=\"\">-2.8%<\/td>\n<td style=\"text-align: center;\" width=\"\">+6.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"\">East Anglia<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3233,998<\/td>\n<td style=\"text-align: center;\" width=\"\">-5.7%<\/td>\n<td style=\"text-align: center;\" width=\"\">+3.8%<\/td>\n<\/tr>\n<tr>\n<td width=\"\">West Midlands<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3186,161<\/td>\n<td style=\"text-align: center;\" width=\"\">-4.2%<\/td>\n<td style=\"text-align: center;\" width=\"\">+1.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"\">East Midlands<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3165,382<\/td>\n<td style=\"text-align: center;\" width=\"\">-4.3%<\/td>\n<td style=\"text-align: center;\" width=\"\">+0.6%<\/td>\n<\/tr>\n<tr>\n<td width=\"\">Wales<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3167,271<\/td>\n<td style=\"text-align: center;\" width=\"\">+0.2%<\/td>\n<td style=\"text-align: center;\" width=\"\">+2.6%<\/td>\n<\/tr>\n<tr>\n<td width=\"\">North West<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3160,269<\/td>\n<td style=\"text-align: center;\" width=\"\">-1.7%<\/td>\n<td style=\"text-align: center;\" width=\"\">+3.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"\">Yorkshire &amp; Humberside<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3153,198<\/td>\n<td style=\"text-align: center;\" width=\"\">-2.6%<\/td>\n<td style=\"text-align: center;\" width=\"\">+3.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"\">North<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3140,114<\/td>\n<td style=\"text-align: center;\" width=\"\">-2.8%<\/td>\n<td style=\"text-align: center;\" width=\"\">+1.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Land Registry regional figures <\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"\"><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Average price<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Monthly change<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Annual change<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"\">Greater London<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3461,453<\/td>\n<td style=\"text-align: center;\" width=\"\">+1.2%<\/td>\n<td style=\"text-align: center;\" width=\"\">+17.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"\">South East<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3239,490<\/td>\n<td style=\"text-align: center;\" width=\"\">+0.3%<\/td>\n<td style=\"text-align: center;\" width=\"\">+11.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"\">South West<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3185,051<\/td>\n<td style=\"text-align: center;\" width=\"\">-0.1%<\/td>\n<td style=\"text-align: center;\" width=\"\">+6.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"\">East<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3194,955<\/td>\n<td style=\"text-align: center;\" width=\"\">-1.4%<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a0+9.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"\">West Midlands<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3138,175<\/td>\n<td style=\"text-align: center;\" width=\"\">+1.7%<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a0+4.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"\">East Midlands<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3131,610<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a0 0.0%<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a0+5.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"\">Wales<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3118,762<\/td>\n<td style=\"text-align: center;\" width=\"\">+0.3%<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a0+1.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"\">North West<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3112,566<\/td>\n<td style=\"text-align: center;\" width=\"\">+0.1%<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a0+3.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"\">Yorkshire &amp; Humberside<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3119,252<\/td>\n<td style=\"text-align: center;\" width=\"\">-1.0%<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a0+2.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" width=\"\">North East<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a397,783<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a0 0.0%<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a0+1.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>FOCUS ON LONDON<\/strong><br \/>\nLargest changes according to:<\/p>\n<p><strong>Rightmove (9th Nov to 7th Dec 2014) <\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"\"><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Average price<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Monthly change<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Annual change<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"\">Hounslow<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3644,810<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>-0.5%<\/b><\/td>\n<td style=\"text-align: center;\" width=\"\">[+17.9%]<\/td>\n<\/tr>\n<tr>\n<td width=\"\">Hammersmith &amp; Fulham<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a31,066,760<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>-7.0%<\/b><\/td>\n<td style=\"text-align: center;\" width=\"\">[-0.9%]<\/td>\n<\/tr>\n<tr>\n<td width=\"\">Hackney<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3722,479<\/td>\n<td style=\"text-align: center;\" width=\"\">[-6.0%]<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>+22.5%<\/b><\/td>\n<\/tr>\n<tr>\n<td width=\"\">Brent<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3719,700<\/td>\n<td style=\"text-align: center;\" width=\"\">-5.5%<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>-3.6%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>LSL Acadata (Oct \u00e2\u20ac\u212214): <\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"\"><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Average price<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Monthly change<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Annual change<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"\">Kensington &amp; Chelsea<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a32,076,117<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>+5.3%<\/b><\/td>\n<td style=\"text-align: center;\" width=\"\">[+30.4%]<\/td>\n<\/tr>\n<tr>\n<td width=\"\">Hammersmith &amp; Fulham<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3989,165<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>+5.3%<\/b><\/td>\n<td style=\"text-align: center;\" width=\"\">[+23.5%]<\/td>\n<\/tr>\n<tr>\n<td width=\"\">Greenwich<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3367,326<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>-2.7%<\/b><\/td>\n<td style=\"text-align: center;\" width=\"\">[+6.7%]<\/td>\n<\/tr>\n<tr>\n<td width=\"\">Merton<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3635,166<\/td>\n<td style=\"text-align: center;\" width=\"\">[+3.4%]<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>+32.8%<\/b><\/td>\n<\/tr>\n<tr>\n<td width=\"\">Brent<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3472,888<\/td>\n<td style=\"text-align: center;\" width=\"\">+0.5%<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>+5.1%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Land Registry (Oct \u00e2\u20ac\u212214): <\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"\"><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Average price<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Monthly change<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"\"><strong>Annual change<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"\">Kensington &amp; Chelsea<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a31,323,949<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>+2.7%<\/b><\/td>\n<td style=\"text-align: center;\" width=\"\">[+13.1%]<\/td>\n<\/tr>\n<tr>\n<td width=\"\">Camden<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3816,030<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>-1.0%<\/b><\/td>\n<td style=\"text-align: center;\" width=\"\">[+20.2%]<\/td>\n<\/tr>\n<tr>\n<td width=\"\">Southwark<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3559,952<\/td>\n<td style=\"text-align: center;\" width=\"\">[+0.9%]<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>+27.2%<\/b><\/td>\n<\/tr>\n<tr>\n<td width=\"\">Redbridge<\/td>\n<td style=\"text-align: center;\" width=\"\">\u00c2\u00a3349,166<\/td>\n<td style=\"text-align: center;\" width=\"\">+1.1%<\/td>\n<td style=\"text-align: center;\" width=\"\"><b>+12.4%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[Figures in bold are the top and bottom of the scale, figures in square brackets are for information only]<\/p>\n<p><strong>RICS Survey Overview.<\/strong><\/p>\n<p>The RICS Residential Market Survey for November 2014 (published 11th December 2014) says that &#8220;Stamp Duty reform should lift market sentiment and transaction levels&#8221;, but that\u00c2\u00a0 \u00e2\u20ac\u0153the November data show both buyer enquiries and sales slipping\u00e2\u20ac\u009d.<br \/>\nScotland saw the largest price increases over the month, followed closely by the South West and East Anglia, whilst London saw the only decrease.<br \/>\nScotland once again had the highest level of agreed sales, whereas the East Midlands saw the largest falls.<br \/>\nNorthern Ireland\u00c2\u00a0 had the highest positive levels of new buyer enquiries in the month whereas London saw the largest drop.<br \/>\nThe highest levels of new vendor instructions were in the South West, and the lowest in the West Midlands.<br \/>\nSource: Royal Institution of Chartered Surveyors<\/p>\n<p><span style=\"font-size: xx-small;\">Rightmove.co.uk is the UK\u00e2\u20ac\u2122s largest property website, advertising around 90% of all homes for sale via estate agents across the UK. The site attracts over 80 million visits from home movers each month who view in excess of one billion pages (Rightmove data, Oct 2013). Each month Rightmove uses asking price data of up to 200,000 properties coming onto the market to produce this House Price Index &#8211; the largest, most accurate and up-to-date monthly index.<br \/>\nLSL Acad E&amp;W HPI is derived from Land Registry (LR) house price data, seasonally and mix adjusted by property type. \u00c2\u00a9 Crown copyright material reproduced with the permission of Land Registry. The prices are smoothed to show underlying trends. LSL Acad E&amp;W HPI includes cash purchase prices and is the only index based upon the complete, factual house price data for England &amp; Wales, as opposed to a sample.<br \/>\nThe 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.<br \/>\nThe index is calculated using mortgage financed transactions that are collected via the Regulated Mortgage Survey by the Council of Mortgage Lenders.<\/span><\/p>\n<p>Next Monthly Market Fact File due in February 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We have redesigned the fact file this month to be more concise. Do you like the new format? If you prefer the old style, it is available on this link. AVERAGE HOUSE PRICES Office for National Statistics &#8211; October 2014 UK Average = \u00c2\u00a3271k, up 10.4% over the year,\u00c2\u00a0 a 0.1% increase over the month &hellip; <a href=\"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=11414\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Property Market Monthly Fact File &#8211; January 2015&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"folder":[],"class_list":["post-11414","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property Market Monthly Fact File - January 2015 - Property Surveying NEWSLETTER<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=11414\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property Market Monthly Fact File - January 2015 - Property Surveying NEWSLETTER\" \/>\n<meta property=\"og:description\" content=\"We have redesigned the fact file this month to be more concise. 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