{"id":15415,"date":"2016-07-04T14:53:02","date_gmt":"2016-07-04T14:53:02","guid":{"rendered":"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=15415"},"modified":"2016-07-27T09:59:16","modified_gmt":"2016-07-27T09:59:16","slug":"property-market-fact-file-july-2016","status":"publish","type":"page","link":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=15415","title":{"rendered":"Property Market Fact File &#8211; July 2016"},"content":{"rendered":"<p><strong>AVERAGE HOUSE PRICES<\/strong><br \/>\n<strong>UK House Price Index \u00e2\u20ac\u201c April 2016<\/strong><br \/>\n<em>This report combines the data from the Office for National Statistics and the Land Registry<\/em><br \/>\nUK Average = \u00c2\u00a3209,054, up 8.2% over the year,\u00c2\u00a0 a 0.6% increase over the month<\/p>\n<p><strong>Halifax \u00e2\u20ac\u201c May 2016<\/strong><br \/>\nUK Average = \u00c2\u00a3213,472, up 0.6% in the month, up 1.4% in the quarter, up 9.2% in the year.<\/p>\n<p><strong>Nationwide \u00e2\u20ac\u201c June 2016<\/strong><br \/>\nUK average = \u00c2\u00a3204,968, up 0.2% in the month, up 5.1% in the year.<\/p>\n<p><strong>Rightmove \u00e2\u20ac\u201c 8<sup>th<\/sup> May to 11<sup>th<\/sup> June 2016<\/strong><br \/>\nUK average = \u00c2\u00a3310,471, up 0.8% in the period, up 5.5% in the year.<\/p>\n<p><strong>LSL \/ Acadata &#8211; May 2016<\/strong><br \/>\nAverage England and Wales = \u00c2\u00a3293,599, down 0.4% from last month, up 6.8% in the year.<br \/>\nExcluding London and the South East: up 5.4% in the year.<\/p>\n<p><strong>REGIONAL HOUSE PRICES<\/strong><br \/>\n<strong>UK House Price Index &#8211; April 2016<\/strong><br \/>\nEngland average = \u00c2\u00a3224,731, up 0.7% in the month, up 9.1% over the year.<br \/>\nWales average = \u00c2\u00a3139,385, down 1.9% in the month, up 1.7% over the year.<br \/>\nScotland average = \u00c2\u00a3138,445, up 1.5% in the month, up 3.3% over the year.<br \/>\nNorthern Ireland average = \u00c2\u00a3117,524, down 1.0% in the month, up 5.9% over the year.<\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"4\" width=\"607\"><strong>Rightmove regional figures<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"300\">8<sup>th<\/sup> May to 11<sup>th<\/sup> June \u00e2\u20ac\u02dc16<\/td>\n<td width=\"102\">Average price<\/td>\n<td width=\"102\">Monthly change<\/td>\n<td width=\"102\">Annual change<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Greater London<\/td>\n<td width=\"120\">\u00c2\u00a3643,117<\/td>\n<td width=\"120\">-0.2%<\/td>\n<td width=\"120\">+4.8%<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">South East<\/td>\n<td width=\"120\">\u00c2\u00a3415,335<\/td>\n<td width=\"120\">+0.7%<\/td>\n<td width=\"120\">+6.9%<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">South West<\/td>\n<td width=\"120\">\u00c2\u00a3302,022<\/td>\n<td width=\"120\">+1.4%<\/td>\n<td width=\"120\">+5.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">East of England<\/td>\n<td width=\"120\">\u00c2\u00a3338,499<\/td>\n<td width=\"120\">+1.2%<\/td>\n<td width=\"120\">+9.4%<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">West Midlands<\/td>\n<td width=\"120\">\u00c2\u00a3209,273<\/td>\n<td width=\"120\">+1.4%<\/td>\n<td width=\"120\">+4.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">East Midlands<\/td>\n<td width=\"120\">\u00c2\u00a3198,090<\/td>\n<td width=\"120\">+0.6%<\/td>\n<td width=\"120\">+4.8%<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Wales<\/td>\n<td width=\"120\">\u00c2\u00a3185,145<\/td>\n<td width=\"120\">+2.0%<\/td>\n<td width=\"120\">+6.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">North West<\/td>\n<td width=\"120\">\u00c2\u00a3183,482<\/td>\n<td width=\"120\">+2.2%<\/td>\n<td width=\"120\">+4.2%<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Yorkshire &amp; Humberside<\/td>\n<td width=\"120\">\u00c2\u00a3178,388<\/td>\n<td width=\"120\">+0.6%<\/td>\n<td width=\"120\">+2.6%<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">North East<\/td>\n<td width=\"120\">\u00c2\u00a3148,662<\/td>\n<td width=\"120\">+0.1%<\/td>\n<td width=\"120\">+3.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr>\n<td colspan=\"4\" width=\"607\"><strong>UK HPI regional figures<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"300\">April 2016<\/td>\n<td width=\"102\">Average price<\/td>\n<td width=\"102\">Monthly change<\/td>\n<td width=\"102\">Annual change<\/td>\n<\/tr>\n<tr>\n<td width=\"244\">London<\/td>\n<td width=\"123\">\u00c2\u00a3470,025<\/td>\n<td width=\"120\">+0.6%<\/td>\n<td width=\"120\"><strong>+14.5%<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"244\">South East<\/td>\n<td width=\"123\">\u00c2\u00a3301,689<\/td>\n<td width=\"120\">+0.3%<\/td>\n<td width=\"120\">+12.3%<\/td>\n<\/tr>\n<tr>\n<td width=\"244\">South West<\/td>\n<td width=\"123\">\u00c2\u00a3227,404<\/td>\n<td width=\"120\"><strong>-2.8%<\/strong><\/td>\n<td width=\"120\">+6.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"244\">East of England<\/td>\n<td width=\"123\">\u00c2\u00a3263,420<\/td>\n<td width=\"120\">+1.2%<\/td>\n<td width=\"120\">+13.6%<\/td>\n<\/tr>\n<tr>\n<td width=\"244\">West Midlands<\/td>\n<td width=\"123\">\u00c2\u00a3173,321<\/td>\n<td width=\"120\">+2.2%<\/td>\n<td width=\"120\">+7.1%<\/td>\n<\/tr>\n<tr>\n<td width=\"244\">East Midlands<\/td>\n<td width=\"123\">\u00c2\u00a3167,762<\/td>\n<td width=\"120\">+1.6%<\/td>\n<td width=\"120\">+7.8%<\/td>\n<\/tr>\n<tr>\n<td width=\"244\">North West<\/td>\n<td width=\"123\">\u00c2\u00a3145,148<\/td>\n<td width=\"120\"><strong>+2.3%<\/strong><\/td>\n<td width=\"120\">+5.8%<\/td>\n<\/tr>\n<tr>\n<td width=\"244\">Yorkshire &amp; Humberside<\/td>\n<td width=\"123\">\u00c2\u00a3146,712<\/td>\n<td width=\"120\">+1.6%<\/td>\n<td width=\"120\">+6.0%<\/td>\n<\/tr>\n<tr>\n<td width=\"244\">North East<\/td>\n<td width=\"123\">\u00c2\u00a3121,719<\/td>\n<td width=\"120\">-0.9%<\/td>\n<td width=\"120\"><strong>+0.1%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>FOCUS ON LONDON<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"300\"><strong>\u00c2\u00a0<\/strong><\/td>\n<td width=\"102\"><u>Average Price<\/u><\/td>\n<td width=\"102\"><u>Monthly change<\/u><\/td>\n<td width=\"102\"><u>Annual change<\/u><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" width=\"607\">Largest changes according to:<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" width=\"607\"><strong><u>Rightmove (8<sup>th<\/sup> May to 11<sup>th<\/sup> June \u00e2\u20ac\u02dc16) <\/u><\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"300\">Southwark<\/td>\n<td width=\"102\">\u00c2\u00a3666,199<\/td>\n<td width=\"102\"><strong>+6.1%<\/strong><\/td>\n<td width=\"102\">[+11.2%]<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Richmond upon Thames<\/td>\n<td width=\"120\">\u00c2\u00a3833,595<\/td>\n<td width=\"120\"><strong>-10.2%<\/strong><\/td>\n<td width=\"120\">[-5.6%]<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Barking and Dagenham<\/td>\n<td width=\"120\">\u00c2\u00a3299,534<\/td>\n<td width=\"120\">[+0.8%]<\/td>\n<td width=\"120\"><strong>+18.7%<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Kensington and Chelsea<\/td>\n<td width=\"120\">\u00c2\u00a32,073,363<\/td>\n<td width=\"120\">[-9.4%]<\/td>\n<td width=\"120\"><strong>-16.0%<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"247\"><\/td>\n<td width=\"120\"><\/td>\n<td width=\"120\"><\/td>\n<td width=\"120\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" width=\"607\"><strong><u>LSL Acadata (Apr \u00e2\u20ac\u212216): <\/u><\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Barnet<\/td>\n<td width=\"120\">\u00c2\u00a3617,721<\/td>\n<td width=\"120\"><strong>+2.7%<\/strong><\/td>\n<td width=\"120\">[+6.3%]<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Southwark<\/td>\n<td width=\"120\">\u00c2\u00a3607,673<\/td>\n<td width=\"120\"><strong>-4.3%<\/strong><\/td>\n<td width=\"120\">[+10.4%]<\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Enfield<\/td>\n<td width=\"120\">\u00c2\u00a3440,742<\/td>\n<td width=\"120\">[+1.5%]<\/td>\n<td width=\"120\"><strong>+20.5%<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Hammersmith and Fulham<\/td>\n<td width=\"120\">\u00c2\u00a3887,404<\/td>\n<td width=\"120\">[-2.0%]<\/td>\n<td width=\"120\"><strong>-3.5%<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"247\"><\/td>\n<td width=\"120\"><strong>\u00c2\u00a0<\/strong><\/td>\n<td width=\"120\"><strong>\u00c2\u00a0<\/strong><\/td>\n<td width=\"120\"><strong>\u00c2\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" width=\"607\"><strong><u>UK HPI Apr \u00e2\u20ac\u02dc16): <\/u><\/strong><em>Price Paid Data<\/em><\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Enfield<\/td>\n<td width=\"120\">\u00c2\u00a3578,306<\/td>\n<td width=\"120\"><strong>+36.0%<\/strong><\/td>\n<td width=\"120\"><strong>+57.2%<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Merton<\/td>\n<td width=\"120\">\u00c2\u00a3487,181<\/td>\n<td width=\"120\">[-26.6%]<\/td>\n<td width=\"120\"><strong>-11.8%<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"247\">Kensington and Chelsea<\/td>\n<td width=\"120\">\u00c2\u00a31,429,838<\/td>\n<td width=\"120\">[-17.7%]<\/td>\n<td width=\"120\"><strong>-38.1%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-size: small;\"> [Figures in bold are the top and bottom of the scale, figures in square brackets are for information only] <\/span><br \/>\n<span style=\"font-size: small;\">Figures exclude the City of London, due to small number of transactions.<\/span><\/p>\n<p><strong>RICS Survey Overview.<\/strong><br \/>\nThe RICS Residential Market Survey for May 2016 (published 9th June 2016) says that &#8220;Buyer demand falls for the second month running\u00e2\u20ac\u009d and that \u00e2\u20ac\u0153Price momentum eases in most parts (of the UK)\u00e2\u20ac\u009d.<br \/>\nNorthern Ireland saw the largest price increases over the month, followed by the East Midlands and the South East, whilst London saw a substantial decrease.<br \/>\nThe North West was the only region not to see a decrease in the level of new buyer enquiries in the month, and the West Midlands saw the largest negative level.<br \/>\nThe only increase in new vendor instructions was in Wales, whereas the lowest was in the West Midlands.<br \/>\nOnly Wales and the North West had positive levels of newly agreed sales, whereas London yet again saw the lowest.<br \/>\nSource: Royal Institution of Chartered Surveyors<\/p>\n<p><span style=\"font-size: small;\">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><br \/>\n<span style=\"font-size: small;\">LSL 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.<\/span><br \/>\n<span style=\"font-size: small;\">UK HPI: Monthly house price inflation, calculated using data from Land Registry, Registers of<br \/>\nScotland and Land and Property Services Northern Ireland. This replaces the previous House Price Indices separately published by ONS and Land Registry.<\/span><\/p>\n<p>Next Monthly Market Fact File due in August 2016.<\/p>\n<p>*<a href=\"http:\/\/www.propertysurveying.co.uk\/INDEX\/MonthlyNewsletter\/2016\/July-2016-Newsletter.html\"><em>Back to July 2016 Newsletter<\/em><\/a>*<\/p>\n<p>\u00c2\u00a9 <a href=\"http:\/\/www.propertysurveying.co.uk\/\">www.propertysurveying.co.uk<\/a> PP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AVERAGE HOUSE PRICES UK House Price Index \u00e2\u20ac\u201c April 2016 This report combines the data from the Office for National Statistics and the Land Registry UK Average = \u00c2\u00a3209,054, up 8.2% over the year,\u00c2\u00a0 a 0.6% increase over the month Halifax \u00e2\u20ac\u201c May 2016 UK Average = \u00c2\u00a3213,472, up 0.6% in the month, up 1.4% &hellip; <a href=\"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=15415\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Property Market Fact File &#8211; July 2016&#8221;<\/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-15415","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property Market Fact File - July 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=15415\" \/>\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 - July 2016 - Property Surveying NEWSLETTER\" \/>\n<meta property=\"og:description\" content=\"AVERAGE HOUSE PRICES UK House Price Index \u00e2\u20ac\u201c April 2016 This report combines the data from the Office for National Statistics and the Land Registry UK Average = \u00c2\u00a3209,054, up 8.2% over the year,\u00c2\u00a0 a 0.6% increase over the month Halifax \u00e2\u20ac\u201c May 2016 UK Average = \u00c2\u00a3213,472, up 0.6% in the month, up 1.4% &hellip; 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