Transactions in 2018 at their lowest in 5 years according to LSL Property Services/Acadata HPI report

September 18, 2018

Latest LSL Property Services/Acadata England and Wales House Price Index report – August 2018 released September 2018 reveals that house price growth remains at 1.8% for third consecutive month.

The average home in England and Wales is now worth £303,199, up £5300 on the previous year according to the HPI report.

The report reveals that transactions in 2018 are at their lowest in 5 years.

Oliver Blake,Managing Director of Your Move and Reed Rains estate agents said:

“The slower market should ease the affordability challenge faced by many buyers. Even in London, where an average increase was recorded over the month, homes in most boroughs are significantly cheaper in real terms than they were this time last year.”

Read the LSL Property Services/Acadata HPI report August 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

Breaking News

A third of Britons aspire to own buy-to-let properties, new study finds

Nationally representative survey of 2,000 UK adults reveals: 33% want to own a buy-to-let property in the future 60% believe property investment is a good way of building long-term wealth 37% would rather invest in a BTL property over stocks and shares   A third of UK adults aspire to own a buy-to-let (BTL) property,…
Read More →
Breaking News

UK house prices growing by 2.5% according to Halifax

Nathan Emerson, CEO of Propertymark: “This slight dip in house prices will likely have been influenced as a direct consequence to the current state of the global economy. There will always be a need for people to move house regardless of international trading relations; however, many aspiring or current homeowners will no doubt be discouraged…
Read More →
Breaking News

UK house prices dip slightly in May, but market remains steady

Average property price now £296,648 compared to £297,798 last month Annual rate of growth slows to +2.5% from +3.2% in April Overall house prices have remained stable so far this year Northern Ireland continues to lead annual price growth in the UK Amanda Bryden, Head of Mortgages, Halifax, said: “Average UK house prices fell by…
Read More →
Breaking News

Estate Agent Content

Do you think that your estate agency / property business requires content? Is content marketing still a thing in 2025? Are you concerned if anyone will read your words? Is it worth investing in estate agent content? Businesses with blogs generate 67% more leads than those without. As competition for attention online increases it remains…
Read More →
Breaking News

The cost of voids rises by £200 for England’s landlords

The latest analysis by Dwelly, one of the UK’s leading lettings acquisition and success planning experts, has found that landlords have been hit with a 26% increase in the cost of void periods in the past year, equivalent to lost income of almost £200. Dwelly analysed average void period data from March 2024 and March…
Read More →
Breaking News

Breaking Property News 5/06/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Demand Rises for Housing and Infrastructure Projects Rising demand for housing, infrastructure and energy projects across Wales has driven continued growth at Lichfields’ Cardiff office, which this year marks 25 years in the capital. The team of 17 planning professionals is one of the largest…
Read More →