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rantnrave

Latest Land Registry

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Unchanged MoM YoY -2.5%

Av Price £161,479

Full report here

London is the only region in England and Wales to experience an increase in its average property value over the last 12 months with a movement of 0.8 per cent.

The North East experienced the greatest annual and monthly price falls, at -7.1 per cent and -2.1 per cent respectively.

Looks like it's been seasonally adjusted. I make this a fall of £300 - £400 from last month's release, so 0.2% down.

Edited by rantnrave

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RnR, Flat is good.

It reinforces the message that 'HOUSE PRICES AIN'T GOING UP!'. This will reduce demand from those looking for untaxed capital gains.

If only the excluded houses worth 1,000,000 pounds and over or provided separate figures as dwellings of this type (Mansion + x acres) really aren't the norm. Oh well!

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RnR, Flat is good.

It reinforces the message that 'HOUSE PRICES AIN'T GOING UP!'. This will reduce demand from those looking for untaxed capital gains.

If only the excluded houses worth 1,000,000 pounds and over or provided separate figures as dwellings of this type (Mansion + x acres) really aren't the norm. Oh well!

Flat is massively better than just 0.1% up. Makes a huge difference to the media's spin potential.

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  • 276 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% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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