Land Registry House Price Index: House prices on the rise

Land Registry House Price IndexThe latest data from the Land Registry has shown house prices are continuing to rise. According to the Land Registry, which is generally considered to provide the most accurate housing data, prices rose by 0.20% in February and are 1% higher than this time last year, taking the value of the average home to £162,606. Unsurprisingly the London property market saw the largest rise over the past 12 months, with prices increasing by an average of 6.3%; although ...

Halifax House Price Index: House prices rise in February

HalifaxThe latest house price data from the Halifax has brought positive news for those people looking for an increase in property values. According to the UK’s largest mortgage lender, house prices rose by 0.5% in February and are up by 1.9% compared to this time last year. The figures show that average price of a home is now £163,600. Commenting on the figures Martin Ellis, Housing Economist at the Halifax, said: "The housing market continued to provide evidence of improvement in February. Prices in ...