{"id":15857,"date":"2016-10-04T12:11:56","date_gmt":"2016-10-04T12:11:56","guid":{"rendered":"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=15857"},"modified":"2016-10-04T12:11:56","modified_gmt":"2016-10-04T12:11:56","slug":"property-market-fact-file-october-2016","status":"publish","type":"page","link":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=15857","title":{"rendered":"Property Market Fact File – October 2016"},"content":{"rendered":"

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

UK House Price Index \u00e2\u20ac\u201c July 2016<\/strong>
\nThis report combines the data from the Office for National Statistics and the Land Registry<\/em>
\nUK Average = \u00c2\u00a3216,750, up 8.3% over the year,\u00c2\u00a0 a 0.4% increase over the month<\/p>\n

Halifax \u00e2\u20ac\u201c August 2016<\/strong>
\nUK Average = \u00c2\u00a3213,930, down 0.2% in the month, up 0.7% in the quarter, up 6.9% in the year.<\/p>\n

Nationwide \u00e2\u20ac\u201c September 2016<\/strong>
\nUK average = \u00c2\u00a3206,015, up 0.3% in the month, up 5.3% in the year.<\/p>\n

Rightmove \u00e2\u20ac\u201c 7th<\/sup> August – 10th<\/sup> September 2016<\/strong>
\nUK average = \u00c2\u00a3306,499, up 0.7% in the period, up 4.0% in the year.<\/p>\n

LSL \/ Acadata – August 2016<\/strong>
\nAverage England and Wales = \u00c2\u00a3292,921, up 0.1% from last month, up 4.3% in the year.
\nExcluding London and the South East: up 4.1% in the year.<\/p>\n

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

UK House Price Index – July 2016<\/strong>
\nEngland average = \u00c2\u00a3232,885, up 0.5% in the month, up 9.1% over the year.
\nWales average = \u00c2\u00a3144,828, down 1.8% in the month, but up 4.0% over the year.
\nScotland average = \u00c2\u00a3143,711, up 1.3% in the month, up 3.4% over the year.
\nNorthern Ireland (Q2) average = \u00c2\u00a3123,241, up 3.8% in the quarter, up 7.8% 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> Aug to 10th<\/sup> Sept \u00e2\u20ac\u02dc16<\/td>\nAverage price<\/td>\nMonthly change<\/td>\nAnnual change<\/td>\n<\/tr>\n
Greater London<\/td>\n\u00c2\u00a3630,974<\/td>\n+1.9%<\/strong><\/td>\n+1.8%<\/td>\n<\/tr>\n
South East<\/td>\n\u00c2\u00a3409,310<\/td>\n+1.1%<\/td>\n+5.9%<\/td>\n<\/tr>\n
South West<\/td>\n\u00c2\u00a3300,500<\/td>\n0.0%<\/td>\n+5.5%<\/td>\n<\/tr>\n
East of England<\/td>\n\u00c2\u00a3337,252<\/td>\n+0.7%<\/td>\n+7.9%<\/strong><\/td>\n<\/tr>\n
West Midlands<\/td>\n\u00c2\u00a3208,130<\/td>\n0.0%<\/td>\n+4.3%<\/td>\n<\/tr>\n
East Midlands<\/td>\n\u00c2\u00a3197,502<\/td>\n+1.3%<\/td>\n+5.5%<\/td>\n<\/tr>\n
Wales<\/td>\n\u00c2\u00a3177,077<\/td>\n-1.9%<\/strong><\/td>\n+0.5%<\/strong><\/td>\n<\/tr>\n
North West<\/td>\n\u00c2\u00a3180,035<\/td>\n-0.1%<\/td>\n+1.8%<\/td>\n<\/tr>\n
Yorkshire & Humberside<\/td>\n\u00c2\u00a3175,356<\/td>\n-0.7%<\/td>\n+2.1%<\/td>\n<\/tr>\n
North East<\/td>\n\u00c2\u00a3147,338<\/td>\n0.0%<\/td>\n+2.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
UK HPI regional figures<\/strong><\/td>\n<\/tr>\n
July 2016<\/td>\nAverage price<\/td>\nMonthly change<\/td>\nAnnual change<\/td>\n<\/tr>\n
London<\/td>\n\u00c2\u00a3484,716<\/td>\n+1.0%<\/strong><\/td>\n+12.3%<\/td>\n<\/tr>\n
South East<\/td>\n\u00c2\u00a3313,315<\/td>\n+0.6%<\/td>\n+11.9%<\/td>\n<\/tr>\n
South West<\/td>\n\u00c2\u00a3237,291<\/td>\n-0.3%<\/td>\n+7.8%<\/td>\n<\/tr>\n
East of England<\/td>\n\u00c2\u00a3273,806<\/td>\n+0.6%<\/td>\n+13.2%<\/strong><\/td>\n<\/tr>\n
West Midlands<\/td>\n\u00c2\u00a3176,598<\/td>\n-0.8%<\/strong><\/td>\n+6.4%<\/td>\n<\/tr>\n
East Midlands<\/td>\n\u00c2\u00a3173,783<\/td>\n+0.5%<\/td>\n+7.8%<\/td>\n<\/tr>\n
North West<\/td>\n\u00c2\u00a3150,082<\/td>\n+0.8%<\/td>\n+6.1%<\/td>\n<\/tr>\n
Yorkshire & Humberside<\/td>\n\u00c2\u00a3151,581<\/td>\n+0.2%<\/td>\n+4.7%<\/strong><\/td>\n<\/tr>\n
North East<\/td>\n\u00c2\u00a3129,750<\/td>\n+2.3%<\/td>\n+5.8%<\/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 <\/u><\/strong>(7th<\/sup> Aug to 10th<\/sup> Sept \u00e2\u20ac\u02dc16)<\/u><\/td>\n<\/tr>\n
City of Westminster<\/td>\n\u00c2\u00a31,777,498<\/td>\n+9.1%<\/strong><\/td>\n[-5.4%]<\/td>\n<\/tr>\n
Enfield<\/td>\n\u00c2\u00a3469,443<\/td>\n-4.6%<\/strong><\/td>\n[+5.9%]<\/td>\n<\/tr>\n
Havering<\/td>\n\u00c2\u00a3392,879<\/td>\n[+0.1%]<\/td>\n+11.9%<\/strong><\/td>\n<\/tr>\n
Kensington and Chelsea<\/td>\n\u00c2\u00a32,054,707<\/td>\n[+2.2%]<\/td>\n-11.7%<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
LSL Acadata <\/u><\/strong>(July \u00e2\u20ac\u212216):<\/u><\/td>\n<\/tr>\n
Merton<\/td>\n\u00c2\u00a3621,640<\/td>\n+4.9%<\/strong><\/td>\n[+9.5%]<\/td>\n<\/tr>\n
City of Westminster<\/td>\n\u00c2\u00a31,279,301<\/td>\n-6.8%<\/strong><\/td>\n[-1.7%]<\/td>\n<\/tr>\n
Lewisham<\/td>\n\u00c2\u00a3468,463<\/td>\n[+1.4%]<\/td>\n+18.7%<\/strong><\/td>\n<\/tr>\n
Camden<\/td>\n\u00c2\u00a3937,619<\/td>\n[-5.7%]<\/td>\n-11.1%<\/strong><\/td>\n<\/tr>\n
<\/td>\n\u00c2\u00a0<\/strong><\/td>\n\u00c2\u00a0<\/strong><\/td>\n\u00c2\u00a0<\/strong><\/td>\n<\/tr>\n
UK HPI <\/u><\/strong>(August \u00e2\u20ac\u02dc16): <\/u>Price Paid Data<\/em><\/td>\n<\/tr>\n
Camden<\/td>\n\u00c2\u00a31,308,868<\/td>\n+28.3%<\/strong><\/td>\n+33.0%<\/strong><\/td>\n<\/tr>\n
City of Westminster<\/td>\n\u00c2\u00a31,172,279<\/td>\n-26.8%<\/strong><\/td>\n-10.5%<\/strong><\/td>\n<\/tr>\n
<\/td>\n\u00c2\u00a0<\/strong><\/td>\n\u00c2\u00a0<\/strong><\/td>\n\u00c2\u00a0<\/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 August 2016 (published 8th September 2016) says that “House price inflation regains some momentum\u00e2\u20ac\u009d and that \u00e2\u20ac\u0153Expectations continue to recover\u00e2\u20ac\u009d.
\nThe North West yet again saw the largest price increases over the month, followed by East Anglia and the East Midlands, whilst London yet again saw the most substantial decrease. The North was the only other area to see a decrease in prices.
\nEast Anglia saw the greatest increase in the level of new buyer enquiries this month, while the North saw the largest decrease.
\nThere were only a few small increases in new vendor instructions, London being the greatest. The largest was \u00e2\u20ac\u201c by far \u00e2\u20ac\u201c Northern Ireland.
\nThe South West had the highest positive level of newly agreed sales, whereas the West Midlands once again saw the lowest.
\nSource: Royal Institution of Chartered Surveyors
\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 110 million visits from home movers each month who view in excess of 1.5 billion pages (Rightmove data, 2015). <\/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>
\nUK HPI: Monthly house price inflation, calculated using data from Land Registry, Registers of
\nScotland and Land and Property Services Northern Ireland. This replaces the previous House Price Indices separately published by ONS and Land Registry.<\/span>
\nAll figures within this article are correct at the time of going to press, and are reproduced in good faith. No responsibility will be taken for any decisions taken based on the information contained herein. Always seek professional advice.<\/span> <\/p>\n","protected":false},"excerpt":{"rendered":"

AVERAGE HOUSE PRICES UK House Price Index \u00e2\u20ac\u201c July 2016 This report combines the data from the Office for National Statistics and the Land Registry UK Average = \u00c2\u00a3216,750, up 8.3% over the year,\u00c2\u00a0 a 0.4% increase over the month Halifax \u00e2\u20ac\u201c August 2016 UK Average = \u00c2\u00a3213,930, down 0.2% in the month, up 0.7% … Continue reading “Property Market Fact File – October 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-15857","page","type-page","status-publish","hentry"],"yoast_head":"\nProperty Market Fact File - October 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=15857\" \/>\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 - 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