Sell or let your house privately online
Houseladder.co.uk
 
GUIDES
News Categories
News Archives
 

House prices continue surge

Posted: 03 May 2007 11:44:29 GMT

Property News - House prices continue surge

House prices are continuing to show little or no sign of a slowdown, according to new figures from the Land Registry.


House prices are continuing to show little or no sign of a slowdown, according to new figures from the Land Registry.

The Registry's House price index for March shows that prices in England and Wales have risen by over eight per cent in the past year, with an increase of one per cent between February and March alone.

At 8.3 per cent, it is the highest increase for nearly two years, with the average house now priced at £178, 423.

The figures also showed significant regional variation, with the highest price rise, 14.7 per cent, coming in Brighton and Hove, which was established last month by Halifax to have the highest property price per square foot in the UK.

London continues to outstrip the country as a whole with an 11.6 per cent rise, while in contrast the midlands and north were comparatively depressed, with the lowest annual rise being in Nottinghamshire at 1.9 per cent.

Prices in the north-east region actually fell by 0.1 per cent in March.


© Houseladder Ltd




MOST POPULAR

FREE Property Advert
Selling or Letting? List Your Property FREE Now!

FREE eBook worth £47
How To Sell Or Let FASTER and Save £1000s!

LATEST NEWS

Lib Dem Cable speaks on reasons for record slump
05 Jan 09

Isle of Man boasts rising house prices
05 Jan 09

Homes in Scotland now more affordable
02 Jan 09

First-time buyers may return by year-end
02 Jan 09

Bold buyers could return this year
02 Jan 09

BBA records mortgages dropping by third
31 Dec 08

1 in 5 homes taking a year to sell
30 Dec 08

Repossessions to rocket in 2009
30 Dec 08

Popularity gaining among commercial property
29 Dec 08

Year-end accompanies optimism
29 Dec 08

House prices will drop 35%
24 Dec 08

Lettings and landlords looking good in 2009
24 Dec 08

Capital properties near bottoming out
23 Dec 08

Property prices drop £22,000
23 Dec 08

No house price forecast from CML
22 Dec 08

NAEA offers mixed messages
22 Dec 08

Repossessions could hit 1991 levels
19 Dec 08

Mortgage lending drops to below half
19 Dec 08

Almost 50% of Brits would still buy property now
18 Dec 08

Repossessed homes increasingly sent to auction
18 Dec 08

Asking prices likely to redouble 10% drop
17 Dec 08