ONS house price index July

September 15, 2015

The Office for National Statistics today releases  it’s statistical bulletin: House Price index for July 2015.

UK house prices increased by 5.2% in the year to July 2015, down from 5.7% in the year to June 2015.

House price annual inflation was 5.6% in England, 0.3% in Wales, 7.4% in Northern Ireland and -1.3% in Scotland.

Annual house price increases in England were driven by an annual increase in the East (8.3%) and the South East (6.7%).

Excluding London and the South East, UK house prices increased by 4.4% in the 12 months to July 2015.

On a seasonally adjusted basis, average house prices increased by 0.8% between June and July 2015.

In July 2015, prices paid by first-time buyers were 4.4% higher on average than in July 2014.

For owner-occupiers (existing owners), prices increased by 5.5% for the same period.

Full details on website: http://www.ons.gov.uk/ons/dcp171778_416196.pdf

 

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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