WIREDGOV

Land Registry's Market Trend Data for England and Wales.

• Average house price in England and Wales now £177,299 compared with the peak of £181,324 in November 2007
• Annual growth of 7.2 per cent in September
• House prices down 0.2 per cent since August
• 863 repossessions in England & Wales during July 2014
• Over 93,350 residential properties in England and Wales lodged for registration in September

The September data from Land Registry’s House Price Index shows an annual price increase of 7.2 per cent which takes the average property value in England and Wales to £177,299. House prices down 0.2 per cent since August. Repossession volumes decreased by 33 per cent in July 2014 to 863 compared with 1,283 in July 2013.

• The region in England and Wales which experienced the greatest increase in its average property value over the last 12 months is London with a movement of 18.4 per cent.
• The East experienced the greatest monthly rise with a movement of 1.4 per cent.
• Yorkshire & The Humber saw the lowest annual price growth with a movement of 1.4 per cent.
• Yorkshire & The Humber also saw the most significant monthly price fall of 2.2 per cent.
• The most up-to-date figures available show that during July 2014 the number of completed house sales in England & Wales increased by 7 per cent to 79,214 compared with 73,749 in July 2013.
• The number of properties sold in England and Wales for over £1 million in July 2014 increased by 19 per cent to 1,439 from 1,207 in July 2013.
• The region with the greatest fall in repossession sales in July 2014 was the East.

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