LSL House Price Index September 2015

October 9, 2015

House Price Index for England and Wales for September 2015 released by LSL Property Services/Acadata

Strongest September for home sales since 2007, driven by activity in the north as supply squeeze stalls sales in the south.
There is a southern resurgence in price growth, with the South East seeing strongest year-on-year riseof any region.
London housing market back on track, with capital recording its biggest monthly price boost since June 2014.
Overall, average house prices across England and Wales have risen £11,500 in the last year, after 42 months of annual growth.
September’s monthly price increase takes property values to ninth consecutive record this year, standing at £284,742.

Adrian Gill, director of Reeds Rains and Your Move estate agents, comments: “The speed of house price growth across England and Wales may not be setting the world alight, but it’s certainly showing it has stamina. September marks the 42nd successive month of positive annual growth. Typical property prices are now £11,500 (4.2%) higher than a year ago, and house price growth continues to outdo rises in wages and consumer prices. In September the average home value in England and Wales rose to reach £284,742, a healthy £1,231 (0.4%) monthly boost from August, setting the ninth new price record this year.

To see the rest of the comments by Adrian Gill and the HPI report in full visit latest news on their website: http://www.lslps.co.uk/

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

Breaking News

Solutions to fix construction skills

The Centre for Social Justice (CSJ) has released a report titled, ‘Skills to Build: Fixing Britain’s construction workforce crisis.’ After speaking to several organizations and having roundtables to garner a wide understanding of the sectors’ perspectives and needs, they have proposed twenty six recommendations that will fix the issues underpinning the skills crisis. Richard Beresford,…
Read More →
Breaking News

Budget Commentary – Mansion Tax, Business Rates & Planning Reform

Andrew Teacher, Co-founder at LauderTeacher, one of the UK’s leading advisors on real estate communications, investor relations and a former spokesman for the BPF, comments on the potential Budget. Mansion tax “Nobody likes paying tax, but the reality is a council tax revaluation is long overdue. Rather than distorting the market, which is what a…
Read More →
Rightmove logo
Breaking News

Budget 2025 market data & home-mover and agent insight

Speculation about property tax changes is fuelling uncertainty across much of the market Rightmove research found that home-movers would favour staggered stamp duty payments, while a poll of estate agents also suggested that staggered payments would be a preferable change to shifting payment to the seller Rightmove data on rumoured property tax changes Mansion Tax…
Read More →
Breaking News

Breaking Property News 24/11/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Symple resolves four core issues in the new Renter’s Rights Act Automating compliance in the new PRS landscape   The Renters’ Rights Act has raised the bar for private landlords in England in terms of property condition, hazard resolution, evidence of compliance and regulatory registration. Symple…
Read More →
Breaking News

What does Rachel Reeves have in store for the UK property market?

With the Autumn Budget now just days away, speculation is mounting that the Chancellor, Rachel Reeves, will use property taxation as a central tool to address the widely reported fiscal shortfall of between £20bn and £40bn. As a result, the housing market has entered a period of caution, with asking prices falling 1.8 percent in…
Read More →
Letting Agent Talk

Why Property Guarantors Need Legal Advice Before Signing

When it comes to property deals, it’s natural to look for additional support, especially when you’re not fully confident about meeting the terms of the agreement. This is where a guarantor comes into play, as they step in to give the property owner some assurance. The idea of helping someone you trust can feel quite…
Read More →