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House Price Index September 2015 from ONS

Released yesterday by the Office for National Statistics, the house Price Index September 2015.

Main Findings from the publication.

UK house prices increased by 6.1% in the year to September 2015, up from 5.5% in the year to August 2015.

House price annual inflation was 6.4% in England, 1.1% in Wales, 1.1% in Scotland and 10.2% in Northern Ireland.

Annual house price increases in England were driven by an annual increase in the East (8.4%) and the South East (7.4%).

Excluding London and the South East, UK house prices increased by 5.0% in the 12 months to September 2015.

On a seasonally adjusted basis, average house prices increased by 0.8% between August and September 2015.

In September 2015, prices paid by first-time buyers were 4.3% higher on average than in September 2014.

For owner-occupiers (existing owners), prices increased 6.9% for the same period.

More details:

Allen Walkey

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.

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