{"id":16283,"date":"2017-01-24T11:49:20","date_gmt":"2017-01-24T11:49:20","guid":{"rendered":"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16283"},"modified":"2017-01-24T11:49:20","modified_gmt":"2017-01-24T11:49:20","slug":"monthly-fact-file-january-2017","status":"publish","type":"page","link":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16283","title":{"rendered":"MONTHLY FACT FILE \u00e2\u20ac\u201c JANUARY 2017"},"content":{"rendered":"

AVERAGE HOUSE PRICES<\/strong>
\nNote: all figures below are the most recently available data and are provisional estimates likely to be updated as more data is included within the indices.<\/em><\/p>\n

UK House Price Index<\/strong> \u00e2\u20ac\u201c November 2016
\nData source: Land Registry
\nUK Average = \u00c2\u00a3217,928, up 6.7% over the year, a 1.1% increase over the month<\/p>\n

Halifax<\/strong> \u00e2\u20ac\u201c December 2016
\nUK Average = \u00c2\u00a3222,484, up 1.7% in the month, up 2.5% in the quarter, up 6.5% in the year.<\/p>\n

Nationwide<\/strong> \u00e2\u20ac\u201c December 2016
\nUK average = \u00c2\u00a3205,898, up 0.8% in the month, up 0.7% in the quarter, up 4.5% in the year.<\/p>\n

Rightmove<\/strong> \u00e2\u20ac\u201c January 2017
\nUK average = \u00c2\u00a3 300,245, up 0.4% in the month, up 3.2% in the year.<\/p>\n

LSL \/ Acadata<\/strong> \u00e2\u20ac\u201c December 2016
\nAverage England and Wales = \u00c2\u00a3297,678, up 0.4% on last month, up 3.1% in the year.
\nExcluding London and the South East: up 4.4% in the year.<\/p>\n

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

UK HPI regional figures<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
November 2016<\/strong><\/td>\nAverage price (\u00c2\u00a3) GBP<\/strong><\/td>\nMonthly change<\/strong><\/p>\n

%<\/strong><\/td>\n

Annual change<\/strong><\/p>\n

%<\/strong><\/td>\n<\/tr>\n

England<\/td>\n234,278<\/td>\n1.1<\/td>\n7.2<\/td>\n<\/tr>\n
Northern Ireland (Q3* Jul-Sep 2016)<\/td>\n124,093<\/td>\n0.8*<\/td>\n5.4<\/td>\n<\/tr>\n
Scotland<\/td>\n143,033<\/td>\n1.5<\/td>\n3.3<\/td>\n<\/tr>\n
Wales<\/td>\n146,742<\/td>\n-0.2<\/td>\n4.1<\/td>\n<\/tr>\n
East Midlands<\/td>\n176,524<\/td>\n1.7<\/td>\n7.3<\/td>\n<\/tr>\n
East of England<\/td>\n278,349<\/td>\n0.9<\/td>\n10.5<\/td>\n<\/tr>\n
London<\/td>\n481,648<\/td>\n1.8<\/td>\n8.1<\/td>\n<\/tr>\n
North East<\/td>\n126,989<\/td>\n1.3<\/td>\n3.2<\/td>\n<\/tr>\n
North West<\/td>\n150,249<\/td>\n1.1<\/td>\n5.2<\/td>\n<\/tr>\n
South East<\/td>\n313,334<\/td>\n0.3<\/td>\n8.6<\/td>\n<\/tr>\n
South West<\/td>\n239,371<\/td>\n0.5<\/td>\n5.7<\/td>\n<\/tr>\n
West Midlands<\/td>\n181,372<\/td>\n2.2<\/td>\n7.4<\/td>\n<\/tr>\n
Yorkshire and Humber<\/td>\n152,418<\/td>\n1.1<\/td>\n5.1<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Rightmove\u00c2\u00a0regional figures<\/strong><\/td>\n<\/tr>\n
January 2017<\/strong><\/td>\nAverage price (\u00c2\u00a3)<\/strong><\/p>\n

GBP<\/strong><\/td>\n

Monthly change<\/strong><\/p>\n

%<\/strong><\/td>\n

Annual change<\/strong><\/p>\n

%<\/strong><\/td>\n<\/tr>\n

Greater London<\/td>\n624,953<\/td>\n1.4<\/td>\n2.3<\/td>\n<\/tr>\n
South East<\/td>\n404,804<\/td>\n1.5<\/strong><\/td>\n5.5<\/td>\n<\/tr>\n
South West<\/td>\n284,691<\/td>\n-2.2<\/td>\n0.8<\/td>\n<\/tr>\n
East of England<\/td>\n332,088<\/td>\n0.8<\/td>\n6.1<\/strong><\/td>\n<\/tr>\n
West Midlands<\/td>\n201,413<\/td>\n-1.4<\/td>\n1.4<\/td>\n<\/tr>\n
East Midlands<\/td>\n193,146<\/td>\n-0.6<\/td>\n5.9<\/td>\n<\/tr>\n
Wales<\/td>\n164,291<\/td>\n-3.5<\/strong><\/td>\n-1.1<\/td>\n<\/tr>\n
North West<\/td>\n177,194<\/td>\n0.8<\/td>\n3.3<\/td>\n<\/tr>\n
Yorkshire & Humberside<\/td>\n168,887<\/td>\n-0.1<\/td>\n1.9<\/td>\n<\/tr>\n
North East<\/td>\n139,527<\/td>\n0.0<\/td>\n-1.7<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
FOCUS ON LONDON<\/strong><\/td>\nAverage Price (\u00c2\u00a3)<\/strong><\/p>\n

GBP<\/strong><\/td>\n

Monthly change<\/strong><\/p>\n

%<\/strong><\/td>\n

Annual change<\/strong><\/p>\n

%<\/strong><\/td>\n<\/tr>\n

Best and Worst (-) performers according to:<\/span><\/td>\n<\/tr>\n
Rightmove <\/strong>January 2017<\/strong><\/td>\n<\/tr>\n
Hackney<\/td>\n732,573<\/td>\n13.3<\/strong><\/td>\n15.5<\/strong><\/td>\n<\/tr>\n
Bromley<\/td>\n556,044<\/td>\n[9.2]<\/td>\n11.6<\/strong><\/td>\n<\/tr>\n
Kensington and Chelsea<\/td>\n2,485,483<\/td>\n16.7<\/strong><\/td>\n[10.2]<\/td>\n<\/tr>\n
Camden<\/td>\n1,118,218<\/td>\n[12.5]<\/td>\n-16.4<\/strong><\/td>\n<\/tr>\n
Hammersmith & Fulham<\/td>\n948,671<\/td>\n-7.8<\/strong><\/td>\n-11.6<\/strong><\/td>\n<\/tr>\n
Brent<\/td>\n573,189<\/td>\n-10.6<\/strong><\/td>\n[-4.7]<\/td>\n<\/tr>\n
\u00c2\u00a0<\/strong><\/td>\n<\/tr>\n
LSL Acadata \u00e2\u20ac\u201c November 2016<\/strong><\/td>\n<\/tr>\n
Hounslow<\/td>\n\u00c2\u00a3474,162<\/td>\n+4.8<\/strong><\/td>\n[-2.6]<\/td>\n<\/tr>\n
Southwark<\/td>\n\u00c2\u00a3629,134<\/td>\n+2.2<\/strong><\/td>\n[+1.5]<\/td>\n<\/tr>\n
Barking & Dagenham<\/td>\n\u00c2\u00a3292,525<\/td>\n[-0.6]<\/td>\n+12.1<\/strong><\/td>\n<\/tr>\n
Bexley<\/td>\n\u00c2\u00a3349,812<\/td>\n[-0.1]<\/td>\n+11.8<\/strong><\/td>\n<\/tr>\n
Brent<\/td>\n\u00c2\u00a3541,852<\/td>\n-3.0<\/strong><\/td>\n[0.5]<\/td>\n<\/tr>\n
Hammersmith & Fulham<\/td>\n\u00c2\u00a3847,507<\/td>\n-2.9<\/strong><\/td>\n[-11.5]<\/td>\n<\/tr>\n
Haringey<\/td>\n\u00c2\u00a3581,878<\/td>\n–2.9<\/strong><\/td>\n[-3.8]<\/td>\n<\/tr>\n
Hammersmith & Fulham<\/td>\n\u00c2\u00a3847,507<\/td>\n[-2.9]<\/td>\n-11.5<\/strong><\/td>\n<\/tr>\n
City of Westminister<\/td>\n\u00c2\u00a31,272,561<\/td>\n[-1.8]<\/td>\n-7.3<\/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><\/em>
\nFigures exclude the City of London, due to small number of transactions.<\/span><\/em><\/p>\n

The RICS Residential Market Survey for December 2016 reports “<\/em>sales activity stuttering somewhat having appeared to be gaining momentum over recent months<\/em>,\u00e2\u20ac\u009d <\/em>and that \u00e2\u20ac\u0153Prices continue to slip in central London although all other (London) areas see an increase\u00e2\u20ac\u009d.<\/em><\/p>\n

Comparing the current month to the quarter, the majority of areas have stagnated in terms of house prices; the exceptions being Wales and the North, which have both experienced a rise in house prices. The only exceptions being East Anglia and the West Midlands, who both experienced a drop in house prices in month.<\/p>\n

In line with the month\u00e2\u20ac\u2122s house price increases, Wales and the North also experienced a rise in New Buyer Enquires.\u00c2\u00a0 London too saw a rise in the number of New Buyer Enquiries.\u00c2\u00a0 East Anglia, the South East and Scotland all saw the greatest decrease in number of New Buyer Enquiries.<\/p>\n

New Vendor Instructions rose in month in London, Wales and Northern Ireland.\u00c2\u00a0 However, East Anglia and the South East experienced a sharp drop in the %age of New Vendor Enquiries.\u00c2\u00a0 The South West continues to lead the numbers of New Vendor Instructions.<\/p>\n

Wales saw a significant increase in the number of Newly Agreed Sales, whilst East Anglia and the West Midlands saw the biggest drop.
\nSource: Royal Institution of Chartered Surveyors<\/em><\/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 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

Next Monthly Market Fact File due in February 2017<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

AVERAGE HOUSE PRICES Note: all figures below are the most recently available data and are provisional estimates likely to be updated as more data is included within the indices. UK House Price Index \u00e2\u20ac\u201c November 2016 Data source: Land Registry UK Average = \u00c2\u00a3217,928, up 6.7% over the year, a 1.1% increase over the month … Continue reading “MONTHLY FACT FILE \u00e2\u20ac\u201c JANUARY 2017”<\/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-16283","page","type-page","status-publish","hentry"],"yoast_head":"\nMONTHLY FACT FILE \u00e2\u20ac\u201c JANUARY 2017 - 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=16283\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MONTHLY FACT FILE \u00e2\u20ac\u201c JANUARY 2017 - Property Surveying NEWSLETTER\" \/>\n<meta property=\"og:description\" content=\"AVERAGE HOUSE PRICES Note: all figures below are the most recently available data and are provisional estimates likely to be updated as more data is included within the indices. 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