Tuesday, December 15, 2015

ONS October HPI Data - 7.0% growth

The Office for National Statistics have published their data from October 2015's for UK house sales.

They pinpoint the following stats -
  • Prices increased by 7.0% in the year to October 2015, up from 6.1% in the year to September 2015.
  • Annual house price inflation was 7.4% in England, 1.0% in Wales, 0.9% in Scotland and 10.3% in Northern Ireland.
  • Fastest annual house price inflation remains the East (10.4%) and the South East (9.5%).
  • Excluding London and the South East, UK annual house price inflation is now 5.6% 
  • First-time buyers experienced 5.9% annual house price inflation
  • Owner-occupiers (existing owners), experienced 7.4% annual house price inflation
  • The average mix-adjusted house price is now £300,000 in England, £174,000 in Wales, £196,000 in Scotland and £158,000 in Northern Ireland.
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