House prices UK: Values ARE going up as Halifax confirms property price growth in July

Halifax released their House Price Index, which suggests that prices saw an annualised rise of 3.3% (Image: GETTY) The Halifax released their House Price Index this morning, which suggests that prices saw an annualised rise of 3.3 per cent in July, and a 1.4 per cent increase on June to reach an average property value of £230,280, versus £219,266 at the same time last year. On a quarter-by-quarter basis, prices rose by 1.3 per cent. Coming off the back of an interest rate rise last week, this does provide a…

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UK Property: Activity subdued but property values are still holding in April | Property | Life & Style

According to latest data released by mortgage lender the Nationwide this morning, house prices edged up month on month by 0.2 per cent, with the annual rate of growth now standing at 2.6 per cent. The figures, which are based on property valuations at post Survey mortgage approvals stage, would indicate that the UK average property price rose from £211,625 in March to £213,000 in April. Looking back to April 2017, the average property price was £207,699. Robert Gardner, Nationwide’s Chief Economist, commented “These figures are broadly in line with…

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House price rise: THIS area saw the highest rise in values last year | Property | Life & Style

GETTY The South West saw the greatest jump in average values in 2017, and they were up by 7.5% Whilst historic, both indices are widely respected in the property and finance industries, due to the fact that they are independent and represent the majority of lenders in the UK, and ‘whole of market’ data from the perspective of prices for properties sold, which therefore provides a clear indication of housing market trends, even if they lag by a few weeks.  In terms of house prices, the ONS report, which also…

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