April Market Trend Data from Land Registry
By Bridging Loan Directory -
- April house prices down 0.3 per cent since March: average house price in England and Wales now £160,417
- South East tops the table of regional applications with 233,486 in April
- Over 51,000 residential property sale prices in England and Wales lodged for registration in April ranging from £8,000 to £55 million
The April data from Land Registry’s flagship House Price Index shows an annual price decrease of 1.0 per cent which takes the average property value in England and Wales to £160,417. The monthly change from March to April is a decrease of 0.3 per cent.
- The region in England and Wales which experienced the highest increase in its average property value over the last 12 months is London with a movement of 5.1 per cent.
- London also experienced the greatest monthly rise with an increase of 5.1 per cent.
- Yorkshire & The Humber experienced the greatest annual price fall with a decrease of 5.6 per cent.
- West Midlands saw the most significant monthly price fall with a decrease of 2.7 per cent.
- The most up-to-date figures available show that during February 2012, the number of completed house sales in England and Wales increased by 9 per cent to 43,331 compared with 39,670 in February 2011.
- The number of properties sold in England and Wales for over £1 million in February 2012 decreased by 3 per cent to 462 from 478 in February 2011.
Access the full dataset: http://www.landregistry.gov.uk/public/house-prices-and-sales
(since March 2012)
(since April 2011)
|England & Wales||-0.3%||-1.0%||£160,417|
|Yorkshire & The Humber||0.6%||-5.6%||£115,783|
|Average prices by property type (England and Wales)||April 2012||April 2011||Difference|
|Month||Sales 2011 (England and Wales)||Sales 2010 (England and Wales)||Difference|
|Month||Sales 2012 (England and Wales)||Sales 2011 (England and Wales)||Difference|
The Transaction Data shows Land Registry received over 1 million applications from all its customers (account and non-account) in April. This includes 931,857 applications by account customers, of which:
- 229,615 were applications in respect of registered land (dealings)
- 500,063 were applications to obtain an official copy of a register or title plan
- 131,252 were searches
- 57,091 were transactions for value.
Access the full dataset: http://www.landregistry.gov.uk/professional/market-trend-data/public-data/transaction-data
|Top three customers||Transactions for value|
|My Home Move Ltd||1,368|
|Countrywide Property Lawyers||1,353|
|Top three customers||Searches|
|Optima Legal Services||4,501|
|Top three local authorities||Applications|
|City of Westminster||15,597|
|Yorks & Humber||83,047|
|Isles of Scilly||39|
|England & Wales (not assigned)||29|
|England & Wales||1,005,892|
The Price Paid Data includes details of over 51,000 residential property sales in England and Wales that were lodged for registration in April 2012.
The most expensive property sold for just under £55 million in March 2012 and is located in central London; the cheapest property is in Colne, Lancashire and sold for £8,000 in March 2012. Access the full dataset athttp://www.landregistry.gov.uk/professional/market-trend-data/public-data/price-paid-data