Average house prices rise by 8.7% in year to June
August 22, 2016
Facts about housing published by the Office for National Statistics (ONS) 17th August 2016.
The steady rise in the cost of buying a home shows no sign of abating, as ONS figures reveal that average house prices have risen by 8.7% in the year to June 2016.
The average house price as of June 2016 is now £214,000 that is £24,000 above its pre-economic downturn peak of £190,000 in September 2007.
Five facts about housing in the UK, from renting to the number of homes being built… headlined on the (ONS) website ‘Five facts about…housing’ click here
You May Also Enjoy
More affordable locations grew most in price in 2025
New analysis of the 2025 market highlights that lower-priced locations grew the most in asking prices during 2025 as affordability continued to drive buyer behaviour Across the top 50 local areas where property asking prices grew the most last year, only seven are priced above the current national average of £368,031 Hawick in Roxburghshire in…
Read More UK Gov announcement capping ground rents at £250
The Government has announced that it will cap ground rents at £250 per year in England and Wales, as part of changes to the leasehold system. The measures announced by the Prime Minister aim to give homeowners greater control over their properties and include new leasehold flats to be banned and existing leaseholders getting the…
Read More Landlords behind the curve on tax changes, and tenants could pay the price
Millions of renters are facing another cost-of-living hit, thanks to a botched tax overhaul and landlords who admit they don’t know what they’re doing. A new survey suggests most landlords are woefully unprepared for Making Tax Digital (MTD), a government tax overhaul due to begin this April. Just 1 in 8 landlords say they understand…
Read More Rental Inflation Grinds to a Halt as Rent Controls Arrive in Scotland
Rental growth falls close to zero at just 0.2% Rents fall in real terms as new Act gives rise to controls Caution advised for future council market analyses National rental growth falls to near zero as new rent control powers land in Scotland’s Private Rented Sector. The latest Citylets report shows the rate of…
Read More Buying schemes remain in high demand but short supply across England
The latest research from Yopa, the full-service estate agents, reveals that whilst buying schemes designed to to help homebuyers onto the ladder are in high demand, the stock availability of properties with such offerings is low. Yopa has analysed the current market for for-sale housing stock in England, looking at what proportion of homes currently…
Read More Draft Commonhold and Leasehold Reform Bill
ALEP (the Association of Leasehold Enfranchisement Practitioners) has welcomed the publication of the Draft Commonhold and Leasehold Reform Bill, describing it as an important step in the government’s long stated aim to modernise tenure structures in England and Wales. The draft Bill, published as a policy paper, sets out to reinvigorate and reform the commonhold…
Read More 
