Land Reg -0.3%

Really2

Graham_Devon wrote: »

Well that's embarrasing.

Give me a while while I think of a way out of my predicament!

I did try to help.

Really2 wrote: »

Wales, the North & Southwest are pulling things down more than London pulling things up.

FTBFun

YOY in my borough of a massive 0.5%. That's a whole £900. Time to release some equity to spend on a jacuzzi.

Or not.

IveSeenTheLight

Wales, the North & Southwest are pulling things down more than London pulling things up.
[/quote]

Actually, when you break it down it's not even as simple as that.
You have to calculate the percentage of the area against the area average to understand what each area has weighted effect on the overall average.

Area _____________________________Monthly Change Average Value_________Monthly average change
East____________________0.80% _________£ 175,079.00_________£1,400.63
East Midlands_____________0.70% _________£ 124,646.00_________£872.52
London__________________0.50% _________£ 348,686.00_________£1,743.43
Yorkshire & The Humber____-0.30%_________£ 121,200.00 _________-£363.60
North East_______________________-0.60%_________£ 101,759.00 _________-£610.55
South East_______________________-0.70%_________£ 207,189.00 _________-£1,450.32
West Midlands__________________-0.90%_________£ 130,756.00 _________-£1,176.80
North West______________________-1.10%_________£ 112,803.00 _________-£1,240.83
South West_____________________-1.10%_________£ 173,137.00 _________-£1,904.51
Wales___________________________-1.70%_________£ 117,534.00 _________-£1,998.08
England and Wales__________-0.30%_________£ 162,347.00 _________-£487.04


So it would appear that the average house in England and Wales reduced by £487.04 in August according to the Land Registry

[edit] Why the hell does tables not work[/edit]

Percy1983

:j:beer::j:beer::j:beer:

Excellent news for me!

Oldham:
Monthly -2.6%
Year Annual -10.5%

More importantly to me
Semi detached in Oldham:
Jan 08 £145,603 (peak)
Aug 11 £110,417

I really can't stop smiling!

:j:beer::j:beer::j:beer:

marlonthemagnificent

my area, north kent, is down over 8%

happy days

Blacklight

We're on course for 50% off by Christmas 2030 then.

Graham_Devon

I can't find a mention of this on the express at all.

Nor the guardian.

But both have willingly told us houses are rising x amount a week, based on the last decade.

Pimperne1

Graham_Devon wrote: »

I can't find a mention of this on the express at all.

Nor the guardian.

But both have willingly told us houses are rising x amount a week, based on the last decade.

It only came out at 1100, I expect it will be covered in all the papers tomorrow. To be fair though -0.3%, is it worth mentioning?

Aberdeenangarse

Pimperne1 wrote: »

It only came out at 1100, I expect it will be covered in all the papers tomorrow. To be fair though -0.3%, is it worth mentioning?

It would be headlined in the Express for at least a week if it had been +0.3%

Pimperne1

Aberdeenangarse wrote: »

It would be headlined in the Express for at least a week if it had been +0.3%

Which is fair enough.