July market trend data.

August 28, 2015

Land Registry’s monthly Market Trend Data for residential property prices in England and Wales releases the figures for July,  data shows an annual price increase of 4.6 per cent which takes the average property value in England and Wales to £183,861. Monthly house prices up 1.7 per cent since June 2015.

The regional data indicates that: the region with the most significant annual price increase is the East with a movement of 8.9%,  the East also experienced the greatest monthly rise with a movement of 2.8%, the North East saw the lowest annual price increase of 0.4%, Wales saw the only monthly price decrease with a fall of 0.3%

Sales and repossessions during May 2015, the most up-to-date figures available, show that: the number of completed house sales in England & Wales decreased by 15% to 65,619 compared with 77,488 in May 2014, the number of properties sold in England and Wales for over £1 million decreased by 21% to 878 from 1,113 a year earlier, repossessions in England and Wales decreased by 47% to 496 compared with 937 in May 2014, the region with the greatest fall in the number of repossession sales was the South East.

To see the full report visit website… https://www.gov.uk/government/news/july-2015-market-trend-data

 

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.

You May Also Enjoy

Home and Living

10 budget patio ideas for beginners in landscaping

Creating an inviting outdoor space doesn’t have to break the bank. With a bit of creativity and some elbow grease, you can transform your backyard into a relaxing retreat. Whether you’re looking to build a brand-new area or revamp an existing one, these budget-friendly patio ideas will inspire you to create a stylish and functional…
Read More →
Home and Living

Top 5 Irrigation System Providers in the UK

A thriving allotment or kitchen garden is the pride of all plant lovers and allotment growers. However, maintaining an allotment or garden is not for the faint of heart. You need to put in a lot of effort, from mulching and composting to regular watering and weeding. Apart from watering, everything else needs to be…
Read More →
Breaking News

Mortgage affordability on course for 2021 levels

Mortgage affordability could be on course to return to its most manageable level in almost five years, according to exclusive new analysis from INTEREST by Moneyfacts, as easing rates and rising incomes restore some breathing space for borrowers. The research shows that average mortgage payments, which peaked at close to half of gross monthly income…
Read More →
Breaking News

City house prices soar

The latest research from Property DriveBuy reveals that house prices in UK cities are significantly outperforming both coastal and countryside locations, rising by an average of 3.4% over the past year, well ahead of the wider UK market which has seen growth of 2.5%. And while countryside homes have also seen a price increase, the…
Read More →
Breaking News

Buyers return to housing market

2026 starts in line with 2024 with buyer demand 9% down on last year’s strong start Buyers are returning to the housing market at the start of 2026 as confidence improves and mortgage rates fall, but a growing number of homes for sale is giving buyers more choice and reshaping market conditions, according to Zoopla’s…
Read More →
Breaking News

How will tenants be affected by the incoming Renters’ Rights Act?

On 28th October 2025, the Renters’ Rights Bill was passed into law, and it is now the Renters’ Rights Act. Changes to legislation resulting from this new Act will take effect from May 2026. This will affect landlords and how they let out their property, and it is worthwhile being aware of how it affects…
Read More →