House Prices
UK house prices rise 1.8% in February
UK house prices increased by 1.8% in February, according to the latest Halifax House Price Index. The annual rate of house price inflation remained unchanged at 9.9% for the third successive month.
One in five home buyers now over the higher stamp duty threshold
Halifax has examined house prices and home sales in 2,132 postcode districts across England and Wales over the past five years with reference to the stamp duty thresholds. Halifax believes the current thresholds at which stamp duty is levied should be adjusted to reflect the significant rate of house price inflation seen over the past decade.
House prices rise 0.9% in January
Land Registry data shows that 2007 has begun with another rise in house prices for England and Wales. The first month of the year demonstrates an annual house price increase of 7.7 per cent and a monthly increase of 0.9 per cent. This increase has led to the average property now being worth £174,827.
House prices rose by 0.7% in February
House prices rose by a steady 0.7% in February, pushing the annual rate of house price growth back into double digits to 10.2%, according to the Nationwide Building Society.
More houses above inheritance tax threshold
The number of postcode districts where the average house price is above the inheritance tax (IHT) threshold has more than doubled in the past five years, according to the Halifax.
Average UK house price tops £200,000
The mix-adjusted average house price in the UK in December 2006 stood at £201,090, up from £199,238 in November 2006, according to figures released by the Department for Communities and Local Government (DCLG).
Prime Central London house prices rise even further
Prime Central London house prices grow at the strongest rate since 1979, with prices climbing 30.5% in the year to January, according to latest results from Knight Frank’s Prime Central London House Price Index.
UK house prices rise in January
House prices increased by 1.3% in January, according to the latest Halifax House Price Index. The mixed pattern of monthly price rises and falls in December and January is consistent with a slowing market.
House prices in East End rise after Olympic win
With 2,000 days to go to the start of the 2012 Olympics, new research from Halifax Estate Agents shows that house prices in three London postal districts close to the site of 2012 Olympics games have risen by more than 15%, or at least £35,000, since London's winning bid was announced.
House prices begin to cool
UK house prices rose by just 0.3% in January, the lowest monthly rise for eight months, according to the Nationwide Building Society.
House prices rose 7.8% in 2006
House price growth continued in December, with prices up 0.7 per cent from the previous month for a 7.8 per cent annual increase, according to data from the Land Registry.
House prices increase by 4.2%
UK house prices increased by 4.2% during Quarter 4 of 2006, according to the Halifax House Price Index.
Scottish house price inflation above UK average
The annual rate of house price inflation in Scotland is now 12.5%, above the UK average of 9.9%, according to the latest Quarterly Scottish House Price Index from Bank of Scotland. Prices in Scotland rose by 3.0% in Q4 2006, below the UK quarterly rise of 4.2%.
The Morse factor
House prices in Oxford have outperformed the regional and national average since the television series Inspector Morse first aired 20 years ago this month, according to new research by Halifax.
Welsh and Scottish counties see highest house price growth
New Halifax research shows that no county now has an average price below £100,000.