It’s time for the latest House price index, with Government Land Registry releasing their index data for June. You’ll also find insights from RICS UK Market Survey and the Halifax House Price Index.
Government Land Registry House Prices Index – June 2022
| Region / County | 1 Month % | 3 Month % | 6 Month % | 12 Month % | 24 Month % |
|---|---|---|---|---|---|
| England | 0.93% | 3.01% | 5.74% | 7.25% | 21.59% |
| Wales | 0.63% | 3.06% | 5.06% | 8.60% | 27.31% |
| London | 1.86% | 3.14% | 4.61% | 6.31% | 12.07% |
| South East | 0.78% | 2.16% | 5.31% | 8.89% | 21.27% |
| South West | 0.47% | 2.84% | 5.39% | 8.04% | 24.27% |
| West Midlands Region | 1.11% | 3.03% | 6.69% | 9.40% | 20.87% |
| East of England | 0.50% | 3.40% | 5.85% | 9.75% | 21.49% |
| East Midlands | 1.67% | 3.39% | 6.69% | 9.33% | 23.89% |
RICS UK Market Survey – July 2022
New buyer demand edges down again but limited supply continues to underpin market pricing
- New buyer enquiries continue to decline at a steady pace
- New instructions remain stagnant and stock levels are still close to all-time lows
- Respondents across all parts of the UK report rising prices even if the pace of growth appears more moderate than earlier in the year
Halifax House Price Index – July 2022
Average house price falls slightly – first drop in a year
- House prices fell marginally by 0.1% in July – the first decrease since June 2021
- Annual rate of growth eased to 11.8% (from 12.5%)
- A typical UK property now costs £293,221
- Wales again shows the strongest annual growth in the UK
Nationwide House Price Index –July 2022
Annual house price growth stays in double-digits as July sees twelfth successive monthly increase
Annual UK house price growth increased slightly in July to 11.0%, from 10.7% in June
Prices up 0.1% month-on-month after taking account of seasonal effects
If you have an investor looking to make a move in the property market then contact us today on 0117 937 4333 or send us an enquiry to enquiries@blackandwhitebridging.co.uk, to find out how we can help.
Black & White Bridging, truly transparent lending with no grey areas.
Sources: Index data taken from Government Land Registry House Price Index, Halifax House Price Index & the RICS UK Market Survey
