Tuesday, June 28, 2011

Spring bounce

May house prices down 0.4 per cent since April: average house price in England and Wales now £161,823

The May data from Land Registry's flagship House Price Index shows an annual price decrease of -2.2 per cent which takes the average property value in England and Wales to £161,823. The monthly change from April to May is a decrease of -0.4 per cent. The only region in England and Wales to experience an increase in its average property value over the last 12 months is London with a movement of 2.9 per cent. The East Midlands experienced the greatest monthly rise with a movement of 0.4 per cent. The North East again experienced the greatest annual price fall with a decrease of -6.9 per cent. Wales is the region which experienced the most significant monthly price fall with a movement of -3.5 per cent.

Posted by khards @ 10:59 AM (4485 views)
Please complete the required fields.



5 thoughts on “Spring bounce

  • sibley's b'stard child says:

    Jolly good, all grist to the mill.

    Reply
    Please complete the required fields.



  • Full report: Land Registry House Price Index May 2011

    Worth noting the sales volumes. Only transactions over £1m (small numbers) have risen on a year ago. Everything below that is reflecting a big drop in demand.

    Reply
    Please complete the required fields.



  • PhDinbubbles – if you would please…

    Reply
    Please complete the required fields.



  • pleasing news

    Reply
    Please complete the required fields.



  • phdinbubbles says:

    (All NSA, LR shifted back a couple of months)

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>