Brendan Larry O'Donoghue’s Post

How are house prices trending across the UK? According to the latest Halifax house price index, house prices increased by 0.8% in July, following three relatively flat months. This rise brings the annual growth rate to 2.3%, the highest since January 2024. Northern Ireland has the most robust property price growth at 5.8% annually, the highest since February 2023. The North West saw a 4.1% increase, Scottish house prices rose by 2.1%, and Welsh prices grew by 3.4% to £221,102, the highest since October 2022. Eastern England was the only region to decline, with a 0.4% drop, averaging £330,282. London remains the most expensive area, with average prices at £536,052, up 1.2% from last year.

The latest NI House Price Index report has revealed that Northern Ireland house prices continued to rise throughout Q1 2024 in line with strong market performance.     The average property price for Q1 stood at £178,499, over £100,000 lower than the UK average, highlighting Northern Ireland as one of the most affordable UK regions.   John Minnis, Managing Director at John Minnis Estate Agents, outlines what this report means for buyers and sellers.   Read more: bit.ly/Q1NIHousePriceIndex #NIHousePriceIndex #Q1 #property #NorthernIreland

The average house price in the UK is £264,500 as of March 2024 (published in April 2024). Property prices have risen by +0.1% compared to the previous month and fallen by -0.2% (£410) compared to a year ago. House prices are largely unchanged in the year to March 2024, falling by -0.2%. House prices are continuing to fall across southern England and the East Midlands, although now at a slower pace. The East of England has seen the biggest annual drop at -1.7%. Market conditions have been improving across the North of England, West Midlands, Wales, Scotland and Northern Ireland, leading to a return of annual house price growth in these regions. Would you like more info about property prices in your area or an area you’re planning on moving to? Let me know! 📱 07860142530 ✉️ sean.muir@kwuk.com

𝗔𝘃𝗲𝗿𝗮𝗴𝗲 𝗵𝗼𝘂𝘀𝗲 𝗽𝗿𝗶𝗰𝗲 𝗲𝗱𝗴𝗲𝘀 𝘂𝗽 𝘁𝗼 𝗵𝗶𝘁 𝗿𝗲𝗰𝗼𝗿𝗱 𝗵𝗶𝗴𝗵 House prices increased by +0.2% in October, a fourth consecutive monthly increase Year-on-year prices are up +3.9%, easing from +4.6% in September Typical property now costs £293,999, surpassing previous peak set in June 2022 (£293,507) Northern Ireland continues to record the strongest annual house price growth in the UK Read the report for more insights on the current state of the UK housing market: https://lnkd.in/ej-QvHdZ #UKhousingmarket #HalifaxHousePriceIndex #Propertyprices #Mortgagebroker #KerrandWatson

𝗨𝗞 𝗵𝗼𝘂𝘀𝗲 𝗽𝗿𝗶𝗰𝗲𝘀 𝗲𝗱𝗴𝗲 𝘂𝗽 𝘁𝗼 𝗵𝗶𝘁 𝘁𝘄𝗼-𝘆𝗲𝗮𝗿 𝗵𝗶𝗴𝗵 House prices increased by +0.3% in August, after +0.9% rise in July Year-on-year prices are up +4.3%, the strongest rate since November 2022 Higher annual growth largely reflects the base impact of weaker prices a year ago Typical property now costs £292,505 (compared to £291,585 in July), highest since August 2022 Northern Ireland continues to record the strongest annual house price growth in the UK Read the report for more insights on the current state of the UK housing market: https://lnkd.in/eFuzqNpX #UKhousingmarket #HalifaxHousePriceIndex #Propertyprices #Mortgagebroker #KerrandWatson Source: Halifax

The latest Halifax House Price Index reveals that UK house prices remained "static" in May, with a slight monthly decline of 0.1%. The average house price in the UK was £288,688, showing a 1.5% annual increase, slightly better than April's 1.1%. 📈 The North West emerged as the strongest performing region, with house prices growing by 3.8% annually. The average property price in the North West is now £232,258. 💪 Northern Ireland also showed strong annual growth, up 3.2% in May. However, this was a slight pullback from April's 3.3%. 📉 Eastern England experienced the largest decline in annual growth, with house prices averaging £329,853, down 0.8% in May compared to the previous year. 💼 Unsurprisingly, London continues to have the highest average price tag, now standing at £536,821, with a marginal increase of 0.2% compared to last year. Stay informed about the latest trends in the housing market with the Halifax House Price Index. #housingmarket #propertyprices #HalifaxHousePriceIndex #contractor #contracting #contractors

PROPERTY NEWS: The June UK House Price Index data shows, on average, house prices rose 0.5% between May 2024 and June 2024. There has been an annual price rise of 2.7%, which makes the average property in the UK valued at £288,000. England shows an annual price rise of 2.4% which takes the average property value to £305,000. London shows an annual price fall of 0.6% which takes the average property value to £523,000. Wales shows an annual price rise of 1.8% which takes the average property value to £216,000. Read more at: https://lnkd.in/eqdqujkr

PROPERTY NEWS: The July UK House Price Index data shows, on average, house prices rose 0.6% between June 2024 and July 2024. There has been an annual price rise of 2.2%, which makes the average property in the UK valued at £289,000. England shows an annual price rise of 1.6% which takes the average property value to £306,000. London shows an annual price fall of 0.4% which takes the average property value to £521,000. Wales shows an annual price rise of 2.0% which takes the average property value to £218,000. Read more at: https://lnkd.in/eBUr6cQe

Interesting stats here. For all my #lawfirm contacts, did you know there are an abundance of #property #legalforms available within the FormEvo library, what’s more, they are #cloudbased too…

🔹Latest HM Land Registry statistics on price trends for house prices