House price index September 2008 [electronic resource]
Language: English Series: DCLG House Price Index ; September 2008Publication details: London DCLG 2008Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 145815-1001 |
Finds that UK house prices have fallen by 5.1% since September 2007. The mix-adjusted house price was £208 583, down from £211 410 in August (not seasonally adjusted). UK house prices fell by 3% in the quarter ending September 2008, compared with a fall of 1% in the quarter ending June 2008. Average house prices fell by 0.8% in Scotland, England (-5.1%); Wales (-5.2%) and Northern Ireland (-15.8%). Annual average house prices paid by first time buyers in August 2008 were 7.8% lower than a year ago. In contrast, house prices paid by former owner occupiers were 4% lower.