Wednesday, October 14, 2015

ONS House Price Index for August

Published yesterday, the Office for National Statistics (ONS) House Price Index (HPI) for August 2015

The ONS report in the year to August 2015-
  • UK average house prices increased by 5.2%, the same annual rate as July. 
  • Annual house price inflation in England is 5.6% , Wales is 0.8%, Northern Ireland is 2.9%,  Scotland is -0.9%. 
  • England's highest annual regional rates remain the East (8.8%) and the South East (7.4%). 
  • Annual house price inflation for first-time buyers was 3.8%.
  • Annual house price inflation for owner-occupiers (existing owners) was 5.8%.
  • The average UK house price is now £284,000.

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