House price inflation in London continues to slow says Hometrack
May 2, 2017
The latest UK Cities House Price Index – March 2017 from Hometrack released 28 April 2017 leads with: City level house price growth rate is 6.4%, up from 4.9% at the end of last year. 2017 Q1 saw city level house prices rise by 3.5%, the highest quarterly rate of price inflation for 3 years.
House price inflation in London continues to slow and has now reached 4.9% yoy which means the capital is among the five slowest growing cities along with Oxford and Cambridge.
They state: Growth at 12 year high in larger regional cities, the impetus for faster house price growth is emanating from large regional cities such as Newcastle, Glasgow and Edinburgh with Newcastle.
Read the Hometrack UK Cities House Price Index – March 2017 in full click here.
You May Also Enjoy
Breaking Property News 18/12/25
Daily bite-sized proptech and property news in partnership with Proptech-X. “Alas, poor Yorick! I knew him, Horatio” UK Estate Agents to go Danish style Government suggests professionalising property agents by adopting the Danish protocol Extract from the Open consultation Government Home Buying and Selling reform consultation – closing date 29th December ‘Estate agents play a pivotal…
Read More 
2026 Predictions for the Lettings Sector
By Allison Thompson, National Lettings Managing Director, Leaders “The Renters’ Rights Bill will be the defining influence on the sector in 2026. While it raises the bar for professionalism and improves standards for tenants, it also represents the biggest operational shift landlords and agents have faced in a generation. Long-standing tenancy practices are changing, and…
Read More 
The unexpected areas driving the UK property market
The latest market analysis from eXp UK shows that it is Derbyshire, Melton and Oldham that have driven UK house price growth over the last year, having posted the strongest annual increases of all UK local authorities. As another year comes to a close, eXp UK has analysed annual house price growth across the UK…
Read More 
Here’s Why Watching Friends Buy Homes Messes with Your Head
Watching friends buy homes can mess with your head in a very specific way. And yeah, sure, it’s not always jealousy, and it’s not even always sadness either. It’s more like this quiet weight that shows up out of nowhere and just sits there while you scroll, smile, and tell yourself you’re genuinely happy for…
Read More 
Choosing the Perfect Pergola Size
Selecting the right pergola dimensions represents one of the most crucial decisions in creating your ideal outdoor space. Too small, and you’ll feel cramped; too large, and it may overwhelm your garden or breach planning permissions. Understanding how to assess your needs ensures you invest in a structure that enhances rather than dominates your property.…
Read More 
Rightmove to launch Christmas campaign as bigger Boxing Day bounce expected
Rightmove, the UK’s largest property platform, is encouraging potential home-movers to get started with their new year moving plans by investing in a multi-channel marketing campaign launching on Christmas Day. The campaign comes ahead of the traditional ‘Boxing Day bounce’ in home-moving activity on Rightmove, which typically sees new seller and buyer activity begin to…
Read More