Land Registry’s Market Trend Data for England and Wales

The June data shows an annual price increase of 5.4 per cent which takes the average property value in England and Wales to £181,619 overtaking the previous peak of £180,983 in November 2007. Monthly house prices up 1.1 per cent since May 2015.

The regional data indicates that:

  • the region with the most significant annual price increase is London with a movement of 9.2 per cent
  • the North East experienced the greatest monthly rise with a movement of 3 per cent
  • Yorkshire & The Humber saw the lowest annual price increase of 1.4 per cent
  • Yorkshire & The Humber also saw the largest monthly price decrease with a fall of 0.9 per cent

Sales and repossessions during April 2015, the most up-to-date figures available, show that:

  • the number of completed house sales in England & Wales decreased by 19 per cent to 57,180 compared with 70,244 in April 2014
  • the number of properties sold in England and Wales for over £1 million decreased by 22 per cent to 874 from 1,114 a year earlier
  • repossessions in England and Wales decreased by 48 per cent to 505 compared with 974 in April 2014
  • the region with the greatest fall in the number of repossession sales was the East

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