House prices continue to rise post Brexit

September 14, 2016

UK House Price Index (HPI) for July 2016 released yesterday 13th September from The Land Registry.

The July data shows an annual price increase of 8.3% which takes the average property value in the UK to £216,750. Monthly house prices rose by 0.4% since June 2016. The monthly index figure for the UK was 113.7.

In England, the July data shows an annual price increase of 9.1% which takes the average property value to £232,885. Monthly house prices rose by 0.5% since June 2016.

Wales shows an annual price increase of 4.0% which takes the average property value to £144,828. Monthly house prices fell by 1.8% since June 2016.

London shows an annual price increase of 12.3% which takes the average property value to £484,716. Monthly house prices rose by 1.0% since June 2016.

Read the UK House Price Index (HPI) for July 2016 in full  on the Gov.UK website 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.

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