House prices in the capital have reached a new high in September and is likely to exceed half a million next month according to the Land Registry.
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Category Archives: House Prices
Figures from the Bank of England show UK mortgage lending has hit a new high with over 71,000 loans approved in August.
Data from the Office of National Statistics show house prices are rising fastest in the East and South-East of England rather than London.
Data from Hometrack show the top 20 UK cities with strong house price rise this year exceeding the national average.
The Land Registry report shows the number of sales in England & Wales has reduced by 15% while house prices have continued to increase.
The pace of house price inflation picked up last month and is starting to match earnings growth according to the mortgage lender Nationwide.
A new report from the Halifax shows average house prices are now over £200,000 pushed higher with a housing supply shortage.
Latest figures from the Nationwide show house price growth is at a two year low bringing average prices to £195,055.
The Land Registry data shows house prices for homes in east of England up 1.6% with London gains of 9.1% in the last year.
Prices of homes in Kensington and Chelsea are 1,500% more than Blaenau Gwent in Wales emphasising the divide across the country.