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

Letting Agent Talk

Deposit Disputes Are Rising – Are Baths to Blame?

Interior Designers Say Acrylic Baths Are the Hidden Culprit in Family Rentals Deposit disputes over bathroom damage are rising, and acrylic bath surfaces are the overlooked culprit. Acrylic baths are often marketed as lasting 10 to 15 years or more, yet designers say many start to look tired in busy family homes within just a…
Read More →
Breaking News

Inheritance tax haul grows as more families are dragged into the tax net

Inheritance tax receipts got off to a slightly slower start in the first month of the 2026/27 tax year, but the figures still underline how rapidly the tax burden on estates continues to grow. HM Revenue & Customs (HMRC) collected £0.7 billion in inheritance tax in April, £65 million less than during the same month…
Read More →
Breaking News

The 10 biggest homebuyer turn-offs

From overgrown gardens to nightmare neighbours, homeowners across Britain could be knocking tens of thousands of pounds off the value of their property before a buyer even makes an offer.   New insight from House Buyer Bureau reveals the most common homebuyer turn-offs that could be thwarting your chances of making a sale, and the…
Read More →
Home and Living

5 trends driving London’s landscaped gardens

London gardens can add more than £205,000 in value as Chelsea tops table for prime buyers seeking outdoor space Ahead of this year’s Chelsea Flower Show, research by Enness Global has revealed that a garden can add more than £205,000 to the value of a London home, whilst Chelsea fittingly boasts the highest degree of…
Read More →
how to present your property for sale
Breaking News

Six in 10 tenants say Renters’ Rights Act improves their housing protections and conditions

Awareness of the Renter’s Rights Act 2025 has increased amongst tenants from 19 per cent in October after the bill passed, to 60 per cent when it came into effect 19 per cent of renters are now more likely to remain in their current property but 45 per cent are concerned about the legislation’s long-term…
Read More →
Rightmove logo
Breaking News

West Oxfordshire tops list of first-time hotspots defying national trend

New analysis by the UK’s largest property platform Rightmove reveals the first-time buyer hotspots where buyer demand is increasing, bucking the national trend over the last month West Oxfordshire leads the way, with demand for typical first-time buyer properties up by 45% year-on-year: A 37% increase in available first-time buyer type homes for sale and…
Read More →