Annual UK average house price increase of 4.9% according to HPI June data
August 15, 2017
The UK House Price Index (HPI) from HM Land Registry for June 2017 published today shows house price changes for England, Scotland, Wales and Northern Ireland.
The June data shows:
An annual price increase of 4.9% which takes the average property value in the UK to £223,257.
House prices have risen by 0.8% since May 2017.
The monthly index figure for the UK was 117.1
The UK Property Transaction statistics showed that in June 2017 the number of seasonally adjusted property transactions completed in the UK with a value of £40,000 or above increased by 1% compared with June 2016. Comparing June 2017 with May 2017, property transactions fell by 3.3%.
Read the UK House Price Index (HPI) report June 2017 in full with data click here.
You May Also Enjoy
6 Ways To Reduce Heat Loss In Your Home This Winter
Keeping your home warm may be a top priority during the cold winter months. However, with energy bills said to rise by 30% next year, it is vital to implement strategies to reduce your energy expenses and do your part to save the environment. During winter, energy consumed is usually to keep your home warm.…
Read More 
Bad Credit Mortgages: Checking Credit Before Applying
Are you considering a bad credit mortgage? Before applying, it’s important to check your credit rating. There are a few ways you can go about checking credit before applying. One way is to use a credit score monitoring service. These services provide periodic updates on your credit score and can help you find out if…
Read More 
Construction performance decline persists
Work starting on-site declined 8% during the three months to October, remaining 10% below 2024 levels. Residential construction starts declined 7% during the Index period, falling 9% against last year. Non-residential project starts finished 10% down on a year ago, standing 11% lower than the preceding three months. Civils work starting on-site increased 2% against…
Read More 
US investment boom could lift London house prices by £31,000 over the next two years
The latest data insight from Enness Global has revealed that record-breaking levels of US investment into the UK could help revive London’s weary property market, boosting average house prices by as much as £31,000 over the next two years – £17,000 more than current forecasts predict. £150bn US capital influx poised to revitalise London’s property…
Read More 
The end of the ‘Forever Home’? 63 per cent of young homeowners prioritise flexibility and renovation potential over permanence
63 per cent of younger homeowners (18-34 year olds) find the ‘forever home’ concept less important than older generations Nearly half (45 per cent) of the same group of homeowners expect to move home within the next five years, embracing a flexible ‘Right Now Home’ model 23 per cent of 18-34 year olds view their…
Read More 
Ignoring these simple winter property maintenance tasks could cost you big time
The latest research from nationwide cash buying company and quick sale specialists, Springbok Properties, has revealed that failing to complete some of the most common winter home maintenance tasks could cost homeowners thousands of pounds, as ignored issues turn into major repair jobs over the colder months. Springbok Properties analysed a series of essential winter…
Read More