Slowdown in London extends to South East and North East

February 13, 2018

The latest LSL/Acadata E&W House Price Index – January 2018 – released 12th February headlined ‘HOUSE PRICES EDGE UP IN JANUARY.’

House prices in England and Wales increased by 0.2% in January, the average house price is now £301,477, according to the latest index.

The House Price Index report reveals falls were recorded in London in January, the South East and the North East, however three quarters of authorities still see annual increases.

Oliver Blake, Managing Director of Your Move and Reeds Rains estate agents. said:
“The slowdown in London can now also be seen in the South East and North East. Time will tell if the rest of England and Wales remains resilient, but the increase in January will be seen by many as positive news and an indication of continued demand, And, with the focus on supporting those entering the property market – including the abolishment of stamp duty for first time buyers – we may see more movement in the market which should bring benefits for all.”

Read the latest LSL/Acadata E&W House Price Index – January 2018 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

Home and Living

Four summer interior mistakes you’re probably making right now

Summer brings longer days, brighter evenings with plenty of opportunity to enjoy our homes, yet many homeowners are unknowingly making simple interior mistakes that could be leaving their spaces feeling darker, smaller and less inviting than they should. While many people focus on refreshing their gardens and outdoor spaces during the warmer months, maximising indoor…
Read More →
Breaking News

Housing Insight Report: April 2026

Despite wider economic uncertainty and inflation remaining above target, the housing market continues to demonstrate resilience. Within the rental market, demand continues to significantly outstrip available supply. Sales 1. In April 2026, stock levels showed a marginal increase with an overall average of 43 properties for sale at each member branch. 2. The average number…
Read More →
Damaged timber from Dry Rot
Breaking News

Stop managing damp. Start managing risk

The next phase of Awaab’s Law isn’t about repairs. The question regulators will ask is whether you can prove what you knew, and when. Housing providers, operators and agents are being warned not to view Awaab’s Law solely through the lens of damp and mould, as new requirements coming into force later this year expand…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

Biggest challenges facing agents is generating motivated buyer leads

The latest research by GetAgent has revealed that while seller activity remains relatively resilient across the UK housing market, growing buyer hesitation is weighing on overall market momentum, creating a more challenging environment for estate agents. The survey of UK estate agents, commissioned by GetAgent, examined current market conditions, lead quality, business investment and expectations…
Read More →
Breaking News

Against all odds, recovery remains on track

Glenigan’s Summer 2026 Construction Forecast indicates sector resurgence in 2027, despite a painful start to the year Construction sector set to rebound by 13% over the course of the Forecast period (2026-2028) as economic conditions improve Significant value gains expected for offices, industrial, public sector and civils verticals Private and social housebuilding predicted to rally…
Read More →
Rightmove logo
Breaking News

Manchester tops decade of property price growth with London bottom

New long-term analysis from the UK’s largest property platform Rightmove reveals that Manchester is the fastest growing city for prices over the last 10 years, while London is the slowest The average asking price for a home in Manchester is up by 63% compared with 10 years ago, by contrast prices in London are only…
Read More →