UK (HPI) May 2016
July 20, 2016
The UK (HPI) May 2016 published yesterday 19th July.
The UK House Price Index (HPI) uses house sales data from Land Registry, Registers of Scotland, and Land and Property Services Northern Ireland and is calculated by the Office of National Statistics
As of May 2016 the average house price in the UK is £211,230, and the index stands at 110.79. Property prices have risen by 1.1% compared to the previous month, and risen by 8.2% compared to the previous year.
To read the UK (HPI) May 2016 in full click here
You May Also Enjoy
Comment on inflation rising to 3.3%
Industry reaction to inflation rising to 3.3% Daniel Austin, CEO and co-founder at ASK Partners, said: “Today’s uptick in UK inflation will raise fresh concerns across the property market, which is still waiting for the full economic impact of the Iran conflict to feed through. Households, buyers and developers recognise that current data is unlikely…
Read More 
London remains top marathon city for property values
Mayfair tops table for the world’s most expensive marathon neighbourhood as London remains priciest race city The latest analysis from Enness Global has revealed that London is currently the most expensive property market of any city hosting a World Marathon Major, with Mayfair also ranking as the world’s most expensive marathon neighbourhood for those wanting…
Read More 
HMRC ramps up scrutiny of residential property valuations as it cracks down on inheritance tax avoidance
Taxman’s requests for help from the Valuation Office Agency with property valuations in IHT returns rises nearly 25% Rise reflects HMRC’s increased efforts to recover revenue from underreported and misvalued estates. HM Revenue & Customs is increasingly challenging residential property valuations in inheritance tax (IHT) returns, with the number of cases referred to…
Read More 
Breaking Property News 22/4/26
Daily bite-sized proptech and property news in partnership with Proptech-X. The Building Centre launches ‘Small Scale Big Ideas’ a month-long exhibition What architecture can achieve when scale is a discipline, not a constraint. The Building Centre is pleased to announce Small Scale Big Ideas, a major exhibition and public programme running throughout May 2026…
Read More 
London office workers want better workspaces, not free lunches
The latest research by BPS London has found that London office workers are more interested in better quality workspaces than superficial perks such as free breakfasts and lunches, with 63% saying they would be more willing to work from the office more regularly if their workplace was more modern, comfortable and better equipped. BPS London commissioned a…
Read More 
The hottest prime property markets outside of London
The latest analysis from Enness Global has revealed that whilst London continues to dominate England’s prime property market, Elmbridge ranks as the nation’s leading hotspot outside of the capital when it comes to homes sold for £3m or more. Enness Global analysed Land Registry transaction data, looking at where homes sold for £3m or more…
Read More