6
Market statistics
Comments from Calnea Analytics:
Annual % price change by county
-20
The Land Registry House Price Index report for July shows an annual
movement of -11.7 per cent, which follows the pattern observed over the
-16
last few months of a slowing down in the rate of house price falls. The
-14
monthly price movement is 1.7 per cent. This is the third month in a
-12
row where the monthly change has been positive. The average property
value in England and Wales is now £155,885.
-10
The average number of property transactions has decreased over the -8
last year. In February to May 2009 sales volumes averaged 35,848 per
-6
month. In the same period last year, they averaged 61,743. This is a fall
of almost 42 per cent.
-4
In July, the region with the greatest monthly change was Wales, with a
-2
movement of 3.1 per cent. Wales also experienced the smallest annual
0
house price fall of any of the regions, with a change of -8.3 per cent.
Every region in England and Wales had positive monthly movements in
2.3
July.
3
Average price: £155,885
Monthly change: 1.7%
Annual change: -11.7%
Transactions
Annual growth
Region Monthly Annual Average
Change % Change % Price £
Wales 3.1 -8.3 123,122
North East 2.3 -13.2 109,776
North West 1.9 -11.9 116,794
West Midlands 1.8 -10.2 131,244
East 1.8 -12.0 163,883
London 1.6 -10.2 306,963
East Midlands 1.6 -12.1 122,870
South West 1.4 -11.3 165,720
South East 1.2 -12.1 193,239
Yorkshire & The Humber 0.9 -12.8 122,555
Source: Land Registry HPI series for England and Wales calculated by
AVM providers Calnea Analytics.
October 2009 Mortgage Introducer
www.mortgageintroducer.com
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