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rantnrave

January Land Reg Data

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Up 0.2% MoM -0.9% YoY

Average price in England & Wales now £163,177

Looks like the seasonal adjusting has struck again, since the previous figure was £163,814

Edited by rantnrave

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Up 0.2% MoM -0.9% YoY

Average price in England & Wales now £163,177

Looks like the seasonal adjusting has struck again, since the previous figure was £163,814

The previous figure (Dec 2010) has been revised to £162,897.

http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/default.asp?step=4&locationType=0&area=E%26W-ALL&reporttype=1&datetype=1&from1=12%2F2008&from2=01%2F2011&image2.x=14&image2.y=18

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Up 0.2% MoM -0.9% YoY

Average price in England & Wales now £163,177

Looks like the seasonal adjusting has struck again, since the previous figure was £163,814

So, if my maths is right, it is actually 0.388% down MoM? Or almost 0.4%?

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Argh, so bored of houses costing £16x,000. They'd be back in 5 figures by now if it wasn't for all the ZIRP/SLS/SMI nonsense.

landregjan11.jpg?t=1298892273

Edited by Dorkins

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http://www1.landregistry.gov.uk/assets/library/documents/HPI_Report_Jan_11_lanifs45.pdf

Essex -0.3% at least it's negative here.

And what's this? Kensington and Chelsea down a whopping 2%! But hold on, just this very morning Knight Frank said that foreign investors were piling into top end London property like there's no tomorrow! they can't get enough £1M+ properties they said! Literally fist fights outside estate agent agent offices as buyers scramble for inflation proof assets! You think Libya looked bad you should see Foxtons in Knightsbridge they said!

But surely those honest fine gentlemen at Knight Frank would not lie to us would they??

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Well there you go, shite which ever way you look at it.

The other 2 indexes this week will be the same.

Looking at previous years from numerous indices, seasonal adjusting downplays falls up to and including the January figures. The reverse seems to apply from February onwards. Lets hope so... I've staked my reputation in my signature!

Edited by rantnrave

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So last month has been revised down from -0.2% to -0.8%! cool :)

Think of all the media headlines that didn't generate...

The fact that this month's +0.2% will probably be revised downwards next month isn't going to stop the Daily Express insiders foaming at the mouth right now...

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Looking at previous years from numerous indices, seasonal adjusting downplays falls up to and including the January figures. The reverse seems to apply from February onwards. Lets hope so... I've staked my reputation in my signature!

Right so Haliwide will be -1%+ then?

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Going by previous years, I believe so. Unless they come up with a way to cook the figures even more. They wouldn't do that now, would they???

Losing faith here, some bullish news out today. A grind down is no good to me. Will be jumping in if the other indexes are good.

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Well I never, BBC News business presenter has just reported the LR as just under 1% down year on year, no mention of the monthly rise.

While I was typing the above, the head of mortgage lending for Barclays was quick to point out the monthly rise.

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Losing faith here, some bullish news out today. A grind down is no good to me. Will be jumping in if the other indexes are good.

Sorry, a grind down is what we're going to see.

2005 = 2015. Our very own lost decade

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Losing faith here, some bullish news out today. A grind down is no good to me. Will be jumping in if the other indexes are good.

It's fine for me.

I've recently renewed my rental agreement, although the plan is to move out next year and spend a few years with "no fixed abode".

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London - MoM 1.6 YoY 2.4

South West - MoM 1.6 YoY -0.4

South East - MoM 0.5 YoY -0.1

East - Mom 0.4 YoY -0.2

West Midlands - MoM -0.4 YoY -1.4

East Midlands - MoM -0.5 YoY -1.9

North East - MoM -0.6 YoY -2.5

Yorkshire & The Humber - MoM -1.3 YoY -2.6

North West - MoM -2.0 YoY -2.1

Wales - MoM -4.2 YoY -6.1

If you ignore London, the falls are pretty big.

Edited by fellow

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London - MoM 1.6 YoY 2.4

South West - MoM 1.6 YoY -0.4

South East - MoM 0.5 YoY -0.1

East - Mom 0.4 YoY -0.2

West Midlands - MoM -0.4 YoY -1.4

East Midlands - MoM -0.5 YoY -1.9

North East - MoM -0.6 YoY -2.5

Yorkshire & The Humber - MoM -1.3 YoY -2.6

North West - MoM -2.0 YoY -2.1

Wales - MoM -4.2 YoY -6.1

If you ignore London, the falls are pretty big.

Bit of a north / south divide in there.

Hopefully it's just a lag

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  • 309 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
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