{"id":15090,"date":"2016-04-01T12:58:19","date_gmt":"2016-04-01T12:58:19","guid":{"rendered":"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=15090"},"modified":"2016-07-27T11:11:19","modified_gmt":"2016-07-27T11:11:19","slug":"property-market-fact-file-april-2016","status":"publish","type":"page","link":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=15090","title":{"rendered":"Property Market Fact File – April 2016"},"content":{"rendered":"

AVERAGE HOUSE PRICES<\/strong><\/p>\n

Office for National Statistics \u00e2\u20ac\u201c January 2016<\/strong>
\nUK Average = \u00c2\u00a3292k, up 7.9% over the year,\u00c2\u00a0 a 1.4% decrease over the month
\nExcluding London and the South East: \u00c2\u00a0Average = \u00c2\u00a3218k, up 5.1% over the year.<\/p>\n

Land Registry \u00e2\u20ac\u201c February 2016<\/strong>
\nAverage for England and Wales = \u00c2\u00a3190,275, down 0.2% in the month, up 6.1% over the year.<\/p>\n

Halifax \u00e2\u20ac\u201c February 2016<\/strong>
\nUK Average = \u00c2\u00a3209,495, down 1.4% in the month, up 3.0% in the quarter, up 9.7% in the year.<\/p>\n

Nationwide \u00e2\u20ac\u201c March 2016<\/strong>
\nUK average = \u00c2\u00a3200,251, up 0.8% in the month, up 5.7% in the year.<\/p>\n

Rightmove \u00e2\u20ac\u201c 7th<\/sup> February to 12th<\/sup> March 2016<\/strong>
\nUK average = \u00c2\u00a3303,190, up 1.3% in the period, up 7.6% in the year.<\/p>\n

LSL \/ Acadata – February 2016<\/strong>
\nAverage England and Wales = \u00c2\u00a3289,229, up 0.8% from last month, up 6.2% in the year.
\nExcluding London and the South East: up 4.6% in the year.<\/p>\n

REGIONAL HOUSE PRICES<\/strong>
\nOffice for National Statistics – January 2016<\/strong>
\nEngland average = \u00c2\u00a3306k, up 8.6% over the year.
\nWales average = \u00c2\u00a3174k, down 0.3% over the year.
\nScotland average = \u00c2\u00a3195k, up 0.1% over the year.
\nNorthern Ireland average = \u00c2\u00a3153k, up 0.8% over the year.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Rightmove regional figures<\/strong><\/td>\n<\/tr>\n
7th<\/sup> Mar to 12th<\/sup> Mar \u00e2\u20ac\u02dc16<\/td>\nAverage price<\/td>\nMonthly change<\/td>\nAnnual change<\/td>\n<\/tr>\n
Greater London<\/td>\n\u00c2\u00a3644,045<\/td>\n0.0%<\/strong><\/td>\n+11.0%<\/strong><\/td>\n<\/tr>\n
South East<\/td>\n\u00c2\u00a3399,680<\/td>\n+1.8%<\/td>\n+8.1%<\/td>\n<\/tr>\n
South West<\/td>\n\u00c2\u00a3292,251<\/td>\n+2.6%<\/strong><\/td>\n+6.8%<\/td>\n<\/tr>\n
East of England<\/td>\n\u00c2\u00a3326,836<\/td>\n+1.6%<\/td>\n+9.7%<\/td>\n<\/tr>\n
West Midlands<\/td>\n\u00c2\u00a3204,140<\/td>\n+2.5%<\/td>\n+5.5%<\/td>\n<\/tr>\n
East Midlands<\/td>\n\u00c2\u00a3189,819<\/td>\n+1.4%<\/td>\n+3.6%<\/td>\n<\/tr>\n
Wales<\/td>\n\u00c2\u00a3174,046<\/td>\n+1.4%<\/td>\n+2.7%<\/strong><\/td>\n<\/tr>\n
North West<\/td>\n\u00c2\u00a3177,437<\/td>\n+1.7%<\/td>\n+3.0%<\/td>\n<\/tr>\n
Yorkshire & Humberside<\/td>\n\u00c2\u00a3173,947<\/td>\n+1.9%<\/td>\n+3.2%<\/td>\n<\/tr>\n
North East<\/td>\n\u00c2\u00a3148,484<\/td>\n+2.4%<\/td>\n+3.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Land Registry regional figures<\/strong><\/td>\n<\/tr>\n
February 2016<\/td>\nAverage price<\/td>\nMonthly change<\/td>\nAnnual change<\/td>\n<\/tr>\n
London<\/td>\n\u00c2\u00a3530,368<\/td>\n+0.6%<\/td>\n+13.5%<\/strong><\/td>\n<\/tr>\n
South East<\/td>\n\u00c2\u00a3267,235<\/td>\n+0.7%<\/td>\n+10.9%<\/td>\n<\/tr>\n
South West<\/td>\n\u00c2\u00a3199,214<\/td>\n+0.7%<\/td>\n+6.7%<\/td>\n<\/tr>\n
East<\/td>\n\u00c2\u00a3220,188<\/td>\n+0.7%<\/td>\n+9.8%<\/td>\n<\/tr>\n
West Midlands<\/td>\n\u00c2\u00a3142,734<\/td>\n-0.3%<\/td>\n+4.5%<\/td>\n<\/tr>\n
East Midlands<\/td>\n\u00c2\u00a3140,977<\/td>\n+1.5%<\/td>\n+6.2%<\/td>\n<\/tr>\n
Wales<\/td>\n\u00c2\u00a3122,573<\/td>\n-0.1%<\/td>\n+1.2%<\/td>\n<\/tr>\n
North West<\/td>\n\u00c2\u00a3117,081<\/td>\n+1.8%<\/strong><\/td>\n+4.9%<\/td>\n<\/tr>\n
Yorkshire & Humberside<\/td>\n\u00c2\u00a3125,532<\/td>\n+0.9%<\/td>\n+4.1%<\/td>\n<\/tr>\n
North East<\/td>\n\u00c2\u00a397,582<\/td>\n-1.2%<\/strong><\/td>\n-3.2%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

FOCUS ON LONDON<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00c2\u00a0<\/strong><\/td>\nAverage Price<\/u><\/td>\nMonthly change<\/u><\/td>\nAnnual change<\/u><\/td>\n<\/tr>\n
Largest changes according to:<\/td>\n<\/tr>\n
Rightmove (7th<\/sup> Feb to 12th<\/sup> Mar \u00e2\u20ac\u02dc16) <\/u><\/strong><\/td>\n<\/tr>\n
Richmond upon Thames<\/td>\n\u00c2\u00a3923,220<\/td>\n+5.1%<\/strong><\/td>\n[+11.6%]<\/td>\n<\/tr>\n
Kensington and Chelsea<\/td>\n\u00c2\u00a32,349,486<\/td>\n-5.6%<\/strong><\/td>\n[-0.4%]<\/strong><\/td>\n<\/tr>\n
Barking and Dagenham<\/td>\n\u00c2\u00a3297,528<\/td>\n[+2.0%]<\/td>\n+23.5%<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
LSL Acadata (Jan \u00e2\u20ac\u212216): <\/u><\/strong><\/td>\n<\/tr>\n
Brent<\/td>\n\u00c2\u00a3561,898<\/td>\n+4.1%<\/strong><\/td>\n[+12.1%]<\/td>\n<\/tr>\n
Hammersmith and Fulham<\/td>\n\u00c2\u00a3888,509<\/td>\n-2.1%<\/strong><\/td>\n[-9.8%]<\/td>\n<\/tr>\n
Newham<\/td>\n\u00c2\u00a3346,003<\/td>\n[+2.0%]<\/td>\n+23.3%<\/strong><\/td>\n<\/tr>\n
City of Westminster<\/td>\n\u00c2\u00a31,335,790<\/td>\n[+1.1%]<\/td>\n-10.2%<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Land Registry Feb \u00e2\u20ac\u02dc16): <\/u><\/strong><\/td>\n<\/tr>\n
Hammersmith and Fulham<\/td>\n\u00c2\u00a3846,355<\/td>\n+2.2%<\/strong><\/td>\n[+7.3%[<\/td>\n<\/tr>\n
Merton<\/td>\n\u00c2\u00a3510,395<\/td>\n-0.8%<\/strong><\/td>\n[+11.2%]<\/td>\n<\/tr>\n
Hillingdon<\/td>\n\u00c2\u00a3391,728<\/td>\n[+1.4%]<\/td>\n+17.1%<\/strong><\/td>\n<\/tr>\n
Camden<\/td>\n\u00c2\u00a3858,067<\/td>\n[+0.2%]<\/td>\n+3.6%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[Figures in bold are the top and bottom of the scale, figures in square brackets are for information only] <\/span>
\nFigures exclude the City of London, due to small number of transactions.<\/span><\/p>\n

RICS Survey Overview.<\/strong>
\nThe RICS Residential Market Survey for February 2016 (published 10th March 2016) says that “Sales instructions rise while activity strengthens further\u00e2\u20ac\u009d and that \u00e2\u20ac\u0153House price growth retains a considerable amount of momentum\u00e2\u20ac\u009d.
\nEast Anglia saw the largest price increases over the month, whilst the North once again saw the smallest, with London not much higher.
\nThe South West once again had the highest positive level of new buyer enquiries in the month, whereas London, and Scotland to a small extent, saw the only negative levels.
\nThe highest level of new vendor instructions was the South West, whereas the lowest were in Scotland and the North West.
\nYet again, the South West had the highest level of newly agreed sales, whereas the South East saw the lowest.
\nSource: Royal Institution of Chartered Surveyors<\/p>\n

Rightmove.co.uk is the UK\u00e2\u20ac\u2122s 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 \u00c2\u00a3270 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). <\/span>
\nLSL Acad E&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&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.<\/span>
\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. The index is calculated using mortgage financed transactions that are collected via the Regulated Mortgage Survey by the Council of Mortgage Lenders.<\/span><\/p>\n

Next month’s Property Market Fact File is due in May 2016.<\/p>\n

*Back to April 2016 Newsletter<\/em><\/a>*<\/p>\n

\u00c2\u00a9 \u00c2\u00a0www.propertysurveying.co.uk \u00c2\u00a0 \u00c2\u00a0 PP<\/p>\n","protected":false},"excerpt":{"rendered":"

AVERAGE HOUSE PRICES Office for National Statistics \u00e2\u20ac\u201c January 2016 UK Average = \u00c2\u00a3292k, up 7.9% over the year,\u00c2\u00a0 a 1.4% decrease over the month Excluding London and the South East: \u00c2\u00a0Average = \u00c2\u00a3218k, up 5.1% over the year. Land Registry \u00e2\u20ac\u201c February 2016 Average for England and Wales = \u00c2\u00a3190,275, down 0.2% in the … Continue reading “Property Market Fact File – April 2016”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"folder":[],"class_list":["post-15090","page","type-page","status-publish","hentry"],"yoast_head":"\nProperty Market Fact File - April 2016 - 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=15090\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property Market Fact File - April 2016 - Property Surveying NEWSLETTER\" \/>\n<meta property=\"og:description\" content=\"AVERAGE HOUSE PRICES Office for National Statistics \u00e2\u20ac\u201c January 2016 UK Average = \u00c2\u00a3292k, up 7.9% over the year,\u00c2\u00a0 a 1.4% decrease over the month Excluding London and the South East: \u00c2\u00a0Average = \u00c2\u00a3218k, up 5.1% over the year. 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