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Hpi At Lowest Level For 9 Years, Says Ft

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The average price paid for a property in England and Wales in September was £192,804, only a touch higher than the £192,056 that sellers achieved at the start of the year in January.

Only in house price articles would c. £800 be described as "only a touch" of money. It is only a drop in the ocean when compared to the comedy asking prices, but it could provide some serious fun if spent elsewhere.

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The average price paid for a property in England and Wales in September was £192,804, only a touch higher than the £192,056 that sellers achieved at the start of the year in January.

This is fairly meaningless if most of the houses sold are >£300K.

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This is fairly meaningless if most of the houses sold are >£300K.

Where do you get that from? If anything I'd have thought that the distribution is skewed left rather than right as the outliers can only be on the expensive side.

Also:

Since June, the FT house price figures have included an adjustment for the types of property sold as well as a seasonal adjustment. Recently, a greater than usual proportion of properties in cheap areas has been selling, so a simple average of price changes would understate house price inflation. Without the adjustment, the index shows average prices had only risen by 1.9 per cent in the 12 months to September.

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  • 301 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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