MIp5_1209:MI 2008 24/11/2009 17:25 Page 35
Market statistics
5
Annual % price change by county
Comments from Calnea Analytics:
-20
-16
The latest House Price Index report from Land Registry shows a positive
monthly change of 0.9 per cent. Annual house price change currently
-14
stands at -5.6 per cent, which marks the fifth month in a row in which
-12
the rate of decline has eased. The average home in England and Wales is
now worth £158,377.
-10
Transaction numbers have fallen from last year. In April to July 2009, -8
sales averaged 48,109 per month. The year before, the average was 59,677
-6
per month.
London was the region with the strongest monthly growth in
-4
September, with a change of 1.3 per cent. This is now the fifth month in -2
a row in which London's monthly change has been positive. The capital
0
also experienced the smallest annual price fall, at -3.2 per cent.
2.3
3
Average price: £158,377
Monthly change: 0.9 %
Annual change: -5.6%
Transactions
Annual growth
Region Monthly Annual Average
Change % Change % Price £
London 1.3 -3.2 314,954
South East 1.1 -4.9 198,084
East Midlands 0.9 -5.8 125,185
North West 0.8 -8 116,416
South West 0.7 -4.5 169,267
Yorkshire & The Humber 0.7 -6.9 124,109
West Midlands 0.4 -7.3 131,075
East 0.4 -5 167,119
North East -0.6 -8.2 109,289
Wales -2.6 -7 119,717
Source: Land Registry HPI series for England and Wales calculated by
AVM providers Calnea Analytics.
www.mortgageintroducer.com December 2009 Mortgage Introducer
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