Annual house price growth slowed in southern regions in September

October 17, 2017

The latest LSL/Acadata England and Wales House Price Index report September 2017 released 16th October headlines ‘Growth in house prices slows yet remains positive in many areas.’

The report reveals annual house price growth slowed in September 2017, values reduced slightly (by 0.1%) over the month, annual growth continues to be positive at 1.3%.

Transactions at 63,000 were 20% lower in September compared to same month last year according to the report.

They state: The traditional North-South divide has been upended. Most recently, price growth has slowed in southern regions, while the North proves more resilient. Outside of London and the South East, annual price growth continues to be 3.3% and in Wales the market is strengthening, with transactions holding steady.

Oliver Blake, Managing Director of Your Move and Reeds Rains estate agents, said: “Despite slowing price growth, particularly in the southern regions, the North continues to report positive results. The future, however, will rely heavily on stock availability, and with housing clearly on the political agenda, what government support may be offered to those looking to buy and who will ultimately influence market activity.”

Read the LSL/Acadata England and Wales House Price Index report September 2017 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Home and Living

Four summer interior mistakes you’re probably making right now

Summer brings longer days, brighter evenings with plenty of opportunity to enjoy our homes, yet many homeowners are unknowingly making simple interior mistakes that could be leaving their spaces feeling darker, smaller and less inviting than they should. While many people focus on refreshing their gardens and outdoor spaces during the warmer months, maximising indoor…
Read More →
Breaking News

Housing Insight Report: April 2026

Despite wider economic uncertainty and inflation remaining above target, the housing market continues to demonstrate resilience. Within the rental market, demand continues to significantly outstrip available supply. Sales 1. In April 2026, stock levels showed a marginal increase with an overall average of 43 properties for sale at each member branch. 2. The average number…
Read More →
Damaged timber from Dry Rot
Breaking News

Stop managing damp. Start managing risk

The next phase of Awaab’s Law isn’t about repairs. The question regulators will ask is whether you can prove what you knew, and when. Housing providers, operators and agents are being warned not to view Awaab’s Law solely through the lens of damp and mould, as new requirements coming into force later this year expand…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

Biggest challenges facing agents is generating motivated buyer leads

The latest research by GetAgent has revealed that while seller activity remains relatively resilient across the UK housing market, growing buyer hesitation is weighing on overall market momentum, creating a more challenging environment for estate agents. The survey of UK estate agents, commissioned by GetAgent, examined current market conditions, lead quality, business investment and expectations…
Read More →
Breaking News

Against all odds, recovery remains on track

Glenigan’s Summer 2026 Construction Forecast indicates sector resurgence in 2027, despite a painful start to the year Construction sector set to rebound by 13% over the course of the Forecast period (2026-2028) as economic conditions improve Significant value gains expected for offices, industrial, public sector and civils verticals Private and social housebuilding predicted to rally…
Read More →
Rightmove logo
Breaking News

Manchester tops decade of property price growth with London bottom

New long-term analysis from the UK’s largest property platform Rightmove reveals that Manchester is the fastest growing city for prices over the last 10 years, while London is the slowest The average asking price for a home in Manchester is up by 63% compared with 10 years ago, by contrast prices in London are only…
Read More →