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)
5 thoughts on “Spring bounce”
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sibley's b'stard child says:
Jolly good, all grist to the mill.
dill says:
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.
rantnrave says:
PhDinbubbles – if you would please…
hpwatcher says:
pleasing news
phdinbubbles says:
(All NSA, LR shifted back a couple of months)