{"id":16421,"date":"2017-03-21T13:14:23","date_gmt":"2017-03-21T13:14:23","guid":{"rendered":"http:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16421"},"modified":"2017-03-21T15:12:08","modified_gmt":"2017-03-21T15:12:08","slug":"monthly-fact-file-march-2017","status":"publish","type":"page","link":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16421","title":{"rendered":"MONTHLY FACT FILE – March 2017"},"content":{"rendered":"

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

Note:<\/strong>\u00c2\u00a0 all figures below are the most recently available data.<\/p>\n

UK House Price Index \u00e2\u20ac\u201c January 17<\/strong><\/p>\n

Data source: Land Registry<\/em><\/p>\n

UK Average = \u00c2\u00a3218,255, up 6.2% over the year, a 0.8% increase over the month<\/p>\n

Halifax \u00e2\u20ac\u201c February 17<\/strong><\/p>\n

UK Average = \u00c2\u00a3219,949, up 0.1% in the month, up 1.7% in the quarter, up 5.1% in the year.<\/p>\n

Nationwide \u00e2\u20ac\u201c February 17<\/strong><\/p>\n

UK average = \u00c2\u00a3205,846 up 0.6% in the month, up 0.7% in the quarter, up 4.5% in the year.<\/p>\n

LSL \/ Acadata \u00e2\u20ac\u201c January 17<\/strong><\/p>\n

Average England and Wales = \u00c2\u00a3297,832, up 0.6% from last month, up 2.4% in the year.<\/p>\n

Excluding London and the South East: up 3.1% in the year.<\/p>\n

REGIONAL HOUSE PRICES<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
UK HPI regional figures\u00c2\u00a0 <\/strong>(all percentages are positive unless indicated otherwise)<\/em><\/td>\n<\/tr>\n
January 17<\/strong><\/td>\nAverage price (\u00c2\u00a3)<\/p>\n

GBP<\/td>\n

Monthly change<\/p>\n

%<\/td>\n

Annual change<\/p>\n

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

England<\/td>\n234,794<\/td>\n0.7<\/td>\n6.5<\/td>\n<\/tr>\n
Northern Ireland (Quarter 4 – 2016)<\/td>\n125,480<\/td>\n0.6<\/strong><\/td>\n5.7<\/td>\n<\/tr>\n
Scotland<\/td>\n142,233<\/td>\n2.1<\/td>\n4.0<\/td>\n<\/tr>\n
Wales<\/td>\n145,933<\/td>\n-0.6<\/strong><\/td>\n4.2<\/strong><\/td>\n<\/tr>\n
East Midlands<\/td>\n174,222<\/td>\n-0.4<\/td>\n5.6<\/td>\n<\/tr>\n
East of England<\/td>\n279,231<\/td>\n0.2<\/td>\n9.4<\/strong><\/td>\n<\/tr>\n
London<\/td>\n490,718<\/td>\n3.0<\/td>\n7.3<\/td>\n<\/tr>\n
North East<\/td>\n123,781<\/td>\n-1.5<\/td>\n2.2<\/td>\n<\/tr>\n
North West<\/td>\n149,767<\/td>\n-0.4<\/td>\n4.6<\/td>\n<\/tr>\n
South East<\/td>\n319,368<\/td>\n2.4<\/td>\n8.7<\/td>\n<\/tr>\n
South West<\/td>\n243,203<\/td>\n1.9<\/td>\n7.4<\/td>\n<\/tr>\n
West Midlands Region<\/td>\n179,633<\/td>\n0.4<\/td>\n5.8<\/td>\n<\/tr>\n
Yorkshire and The Humber<\/td>\n148,458<\/td>\n-2.6<\/td>\n2.7<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Rightmove regional figures<\/strong><\/td>\n<\/tr>\n
March 2017<\/strong><\/td>\nAverage price (\u00c2\u00a3)<\/p>\n

GBP<\/td>\n

Monthly change<\/p>\n

%<\/td>\n

Annual change<\/p>\n

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

Greater London<\/td>\n649,772<\/td>\n1.4<\/td>\n0.9<\/td>\n<\/tr>\n
South East<\/td>\n413,059<\/td>\n2.0<\/strong><\/td>\n3.3<\/td>\n<\/tr>\n
South West<\/td>\n296,073<\/td>\n1.4<\/td>\n1.3<\/td>\n<\/tr>\n
East of England<\/td>\n339,721<\/td>\n0.8<\/td>\n3.9<\/strong><\/td>\n<\/tr>\n
West Midlands<\/td>\n212,798<\/td>\n2.1<\/td>\n4.2<\/td>\n<\/tr>\n
East Midlands<\/td>\n200,620<\/td>\n2.1<\/td>\n5.7<\/td>\n<\/tr>\n
Wales<\/td>\n173,073<\/td>\n-2.5<\/strong><\/td>\n-0.6<\/td>\n<\/tr>\n
North West<\/td>\n181,498<\/td>\n0.3<\/td>\n2.3<\/td>\n<\/tr>\n
Yorkshire & Humberside<\/td>\n177,702<\/td>\n1.7<\/td>\n2.2<\/td>\n<\/tr>\n
North East<\/td>\n146,796<\/td>\n1.1<\/td>\n-1.1<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\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)<\/p>\n

GBP<\/td>\n

Monthly change<\/p>\n

%<\/td>\n

Annual change<\/p>\n

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

Best and Worst (-) performers according to:<\/em><\/td>\n<\/tr>\n
Rightmove <\/strong>March 2017<\/u><\/strong><\/td>\n<\/tr>\n
Hammersmith & Fulham<\/td>\n935,423<\/td>\n-1.9<\/strong><\/td>\n-8.6<\/strong><\/td>\n<\/tr>\n
Kensington & Chelsea<\/td>\n1,894,061<\/td>\n-10.9<\/td>\n-19.4<\/strong><\/td>\n<\/tr>\n
City of Westminster<\/td>\n2,115,155<\/td>\n9.8<\/strong><\/td>\n10.9<\/td>\n<\/tr>\n
Camden<\/td>\n1,472,558<\/td>\n3.5<\/td>\n27.6<\/strong><\/td>\n<\/tr>\n
\u00c2\u00a0<\/strong><\/td>\n<\/tr>\n
LSL Acadata <\/strong>January 17<\/u><\/strong><\/td>\n<\/tr>\n
Wandsworth<\/td>\n771,382<\/td>\n0.3<\/strong><\/td>\n4.4<\/td>\n<\/tr>\n
City of London<\/td>\n778,756<\/td>\n3.8<\/strong><\/td>\n-15.8<\/td>\n<\/tr>\n
Haringey<\/td>\n653,251<\/td>\n6.1<\/td>\n12.5<\/strong><\/td>\n<\/tr>\n
Waltham Forest<\/td>\n453,142<\/td>\n-0.7<\/td>\n10.1<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

RICS Survey Overview.<\/strong><\/p>\n

The RICS Residential Market Survey for February 2017 (published 9th March 2017) says that “new buyer enquiries were again flat and have now failed to see any meaningful growth since November 2016,” and that “at a regional level, momentum remains strongest in the South West and weakest in the East Midlands”.<\/p>\n

The national sales indicator highlighted another steady month for property transactions, showing a reading of +2%, with sales activity in London appearing to have picked up after a year of negative to flat growth.<\/p>\n

“Price expectations over the next three months were unchanged in February, with 13% more respondents expecting a rise rather than a fall. Both London and the North East of England report near term weakness in prices. At the national level, the outlook improved noticeably over the year to come with a net balance of 63% of surveyors forecasting growth”.<\/p>\n

In the rental market, tenant demand rose for the third consecutive month. However, the flow of new landlords decreased, with the weakest reading in over two years \u00e2\u20ac\u201c down 10%. It is forecast that this negative trend is to continue at least for the next couple of months as changes to mortgage interest tax relief begin to take effect in April.<\/p>\n

In London, the rental market continues to report weak tenant demand along with negative near term rental expectations.<\/p>\n

Source: Royal Institution of Chartered Surveyors<\/em><\/p>\n

 <\/p>\n

Next Monthly Market Fact File due in April 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"

AVERAGE HOUSE PRICES Note:\u00c2\u00a0 all figures below are the most recently available data. UK House Price Index \u00e2\u20ac\u201c January 17 Data source: Land Registry UK Average = \u00c2\u00a3218,255, up 6.2% over the year, a 0.8% increase over the month Halifax \u00e2\u20ac\u201c February 17 UK Average = \u00c2\u00a3219,949, up 0.1% in the month, up 1.7% in … Continue reading “MONTHLY FACT FILE – March 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-16421","page","type-page","status-publish","hentry"],"yoast_head":"\nMONTHLY FACT FILE - March 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=16421\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MONTHLY FACT FILE - March 2017 - Property Surveying NEWSLETTER\" \/>\n<meta property=\"og:description\" content=\"AVERAGE HOUSE PRICES Note:\u00c2\u00a0 all figures below are the most recently available data. UK House Price Index \u00e2\u20ac\u201c January 17 Data source: Land Registry UK Average = \u00c2\u00a3218,255, up 6.2% over the year, a 0.8% increase over the month Halifax \u00e2\u20ac\u201c February 17 UK Average = \u00c2\u00a3219,949, up 0.1% in the month, up 1.7% in … Continue reading "MONTHLY FACT FILE – March 2017"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16421\" \/>\n<meta property=\"og:site_name\" content=\"Property Surveying NEWSLETTER\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertySurveying\" \/>\n<meta property=\"article:modified_time\" content=\"2017-03-21T15:12:08+00:00\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/?page_id=16421\",\"url\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/?page_id=16421\",\"name\":\"MONTHLY FACT FILE - March 2017 - Property Surveying NEWSLETTER\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/#website\"},\"datePublished\":\"2017-03-21T13:14:23+00:00\",\"dateModified\":\"2017-03-21T15:12:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/?page_id=16421#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/?page_id=16421\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/?page_id=16421#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MONTHLY FACT FILE – March 2017\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/#website\",\"url\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/\",\"name\":\"Property Surveying NEWSLETTER\",\"description\":\"The NEWSLETTER\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/#organization\",\"name\":\"Property Surveying NEWSLETTER\",\"url\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/wp-content\\\/uploads\\\/cropped-property-surveying-logo-for-newsletter-body-1.png\",\"contentUrl\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/wp-content\\\/uploads\\\/cropped-property-surveying-logo-for-newsletter-body-1.png\",\"width\":240,\"height\":50,\"caption\":\"Property Surveying NEWSLETTER\"},\"image\":{\"@id\":\"https:\\\/\\\/www.propertysurveying.co.uk\\\/newsletter\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/PropertySurveying\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"MONTHLY FACT FILE - March 2017 - Property Surveying NEWSLETTER","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16421","og_locale":"en_GB","og_type":"article","og_title":"MONTHLY FACT FILE - March 2017 - Property Surveying NEWSLETTER","og_description":"AVERAGE HOUSE PRICES Note:\u00c2\u00a0 all figures below are the most recently available data. UK House Price Index \u00e2\u20ac\u201c January 17 Data source: Land Registry UK Average = \u00c2\u00a3218,255, up 6.2% over the year, a 0.8% increase over the month Halifax \u00e2\u20ac\u201c February 17 UK Average = \u00c2\u00a3219,949, up 0.1% in the month, up 1.7% in … Continue reading \"MONTHLY FACT FILE – March 2017\"","og_url":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16421","og_site_name":"Property Surveying NEWSLETTER","article_publisher":"https:\/\/www.facebook.com\/PropertySurveying","article_modified_time":"2017-03-21T15:12:08+00:00","twitter_misc":{"Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16421","url":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16421","name":"MONTHLY FACT FILE - March 2017 - Property Surveying NEWSLETTER","isPartOf":{"@id":"https:\/\/www.propertysurveying.co.uk\/newsletter\/#website"},"datePublished":"2017-03-21T13:14:23+00:00","dateModified":"2017-03-21T15:12:08+00:00","breadcrumb":{"@id":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16421#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16421"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?page_id=16421#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.propertysurveying.co.uk\/newsletter\/"},{"@type":"ListItem","position":2,"name":"MONTHLY FACT FILE – March 2017"}]},{"@type":"WebSite","@id":"https:\/\/www.propertysurveying.co.uk\/newsletter\/#website","url":"https:\/\/www.propertysurveying.co.uk\/newsletter\/","name":"Property Surveying NEWSLETTER","description":"The NEWSLETTER","publisher":{"@id":"https:\/\/www.propertysurveying.co.uk\/newsletter\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.propertysurveying.co.uk\/newsletter\/#organization","name":"Property Surveying NEWSLETTER","url":"https:\/\/www.propertysurveying.co.uk\/newsletter\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.propertysurveying.co.uk\/newsletter\/#\/schema\/logo\/image\/","url":"https:\/\/www.propertysurveying.co.uk\/newsletter\/wp-content\/uploads\/cropped-property-surveying-logo-for-newsletter-body-1.png","contentUrl":"https:\/\/www.propertysurveying.co.uk\/newsletter\/wp-content\/uploads\/cropped-property-surveying-logo-for-newsletter-body-1.png","width":240,"height":50,"caption":"Property Surveying NEWSLETTER"},"image":{"@id":"https:\/\/www.propertysurveying.co.uk\/newsletter\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/PropertySurveying"]}]}},"_links":{"self":[{"href":"https:\/\/www.propertysurveying.co.uk\/newsletter\/index.php?rest_route=\/wp\/v2\/pages\/16421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propertysurveying.co.uk\/newsletter\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.propertysurveying.co.uk\/newsletter\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.propertysurveying.co.uk\/newsletter\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propertysurveying.co.uk\/newsletter\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16421"}],"version-history":[{"count":0,"href":"https:\/\/www.propertysurveying.co.uk\/newsletter\/index.php?rest_route=\/wp\/v2\/pages\/16421\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.propertysurveying.co.uk\/newsletter\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16421"}],"wp:term":[{"taxonomy":"folder","embeddable":true,"href":"https:\/\/www.propertysurveying.co.uk\/newsletter\/index.php?rest_route=%2Fwp%2Fv2%2Ffolder&post=16421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}