MIp10-11_0110:MI 2008 15/12/2009 13:53 Page 1
10
Market statistics
House price analysis
A look at how house prices and housing transactions
have changed from a year ago
October 2008 figure of -6.1 per cent was the report from Land Registry shows had negative monthly changes.
smallest fall of any of the a positive monthly change of 0.6 London experienced the smallest
Back in October 2008 the annual regions. The average property in per cent, taking the average house annual price fall, at -0.2 per cent.
house price change stood at -8 London was worth £328,927, in price in England and Wales to
per cent, compared to -4.6 per comparison to £168,814, which £159,546. The annual change is -
cent in September 2008. was the average for England and 3.4 per cent, which, although still
The monthly house price Wales as a whole back in 2008. negative, shows a flattening of
October 2008
change in England and Wales was Sales volumes had dropped house prices. Average price: £168,814
-2.2 per cent a year ago, which dramatically from 2007. From Sales volumes have fallen from
Monthly change: -2.2%
affected the average house price. April to July 2007, the average last year. From May to August
In England and Wales, this stood number of sales was 110,828 2009, transactions averaged
Annual change: -8.0%
at £168,814, which was a transactions per month, whereas, 52,608 per month, while in the
reduction from the figure of in April to July 2008, the figure same time period a year earlier,
£174,493, quoted in September had dropped to 57,887. the figure was 56,107.
October2009
2008’s House Price Index. The North West experienced
Average price: £159,546
Wales had the sharpest annual October 2009 the strongest monthly growth in
house price fall, with a movement October, with growth of 1.9 per
Monthly change: 0.6 %
of -10.7 per cent, while London’s October 2009’s House Price Index cent. Out of the 10 regions, only 2 Annual change: -3.4%
2009 Annual % price change by county 2008 Annual % price change by county
-20 -8
-16 -6
-14 -4
-12 -2
-10 0
-8 2.3
-6 3
-4 3.8
-2 4.3
0 5.6
2.3 6
3 6.5
January 2010 Mortgage Introducer
www.mortgageintroducer.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44