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Average house prices 'remain flat' - RJA Properties: Lettings Agent Manchester
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20 May 2010

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Home information packs (Hips) will be consigned to history, the Government has announced.
17 Mar 2010

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Estate agents should be subject to the same levels of regulation as letting agents, it has been been stated.
22 Jan 2010

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Thousands of Britons with holiday and retirement homes in northern Cyprus face eviction after the Court of Appeal upheld a decision that a British couple must surrender disputed land.

Average house prices 'remain flat'


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Average house prices in England and Wales remained fairly flat last month, new figures show.


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Produced by the Land Registry, they reveal that the average house price in August was £155,968, which was a fall of 0.1 per cent compared with the previous month.

In London, the average price of a property was £310,640, which was 0.8 per cent up on July.

Meanwhile, the country-wide annual drop was recorded at 9.4 per cent, which was up from a low of 16.3 per cent in February.

The north-west saw prices experience an annual fall of 12.7 per cent, which was the most notable decline of all regions across the country.

Hartlepool, however, was the place that suffered that most dramatic house price reduction, with a 23.7 per cent decrease.

Recently, Gary Smith, president of the National Association of Estate Agents, suggested that property prices in the UK are "already recovering" from credit crunch lows, aided in part by an increase in the number of first-time buyers entering the market.

RJW

 
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