Property prices rise by 1.1% in July compared to previous month according to UK HPI

UK House Price Index (HPI) – July 2017 published 12th September from HM Land Registry.

As of July 2017 the average house price in the UK is £226,185, and the index stands at 118.63. Property prices have risen by 1.1% compared to the previous month, and risen by 5.1% compared to the previous year.

Read the UK House Price Index – July 2017 in full 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.

You May Also Enjoy

Letting Agent Talk

Scotland beats London for Britain’s rental market divide

London may be home to the highest rents in the land, with tenants in Kensington and Chelsea paying an average of £3,629 per month, but the latest research from London lettings and estate agent, Benham and Reeves, has revealed that Scotland is actually home to the greatest proportional divide between its most and least expensive…
Read More
Estate Agent Talk

Here’s how to spot a motivated seller & negotiate a better deal

With the number of homes on the market at a 12-year high, buyers could have more room to negotiate this autumn. Property experts at Landlord Resource have shared their tips for spotting a motivated seller and negotiating a better deal on your next home. Saif Derzi, co-founder of Landlord Resource, has shared 5 ways to…
Read More
Rightmove logo
Breaking News

Price increase hints at usual Autumn bounce

Average newly-listed asking prices rise by 0.7% (+£2,441) this month to £367,440, the first monthly price increase since May: September’s above-average price increase for the time of year is a possible early sign of the usual Autumn bounce in activity, though there is considerable ground to make up after a somewhat subdued and distracted summer…
Read More
bank of england interest rate
Breaking News

Bank of England’s rate hold

The Bank of England has held interest rates at 3.75% for the sixth consecutive time. Matt Smith, Rightmove’s mortgage expert, says: “The Bank of England’s decision to hold the base rate will come as welcome news to mortgage borrowers, particularly those on tracker mortgages whose monthly repayments move in line with changes to the base…
Read More
yopa sales 2017
Breaking News

54,000 properties hit market during back to school rush

Over 50,000 homes have hit the market since the nation’s schools returned following the summer holidays, with the level of property for sale climbing by as much as 35% across some areas of England, according to the latest research by Yopa. The full-service estate agency analysed the number of homes listed for sale across each…
Read More
Estate Agent Talk

69% of homebuyers would compromise on their property

New research from UK Property Development reveals that 69% of recent UK homebuyers would be willing to compromise on the property itself to live in a better location, while 65% say they would pay more for a home if the location was right. The findings, from a survey of 1,016 recent UK homebuyers*, highlight the…
Read More