House price index October 2008 [electronic resource]
Language: English Series: DCLG House Price Index ; October 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 | 146109-1001 |
Finds that UK house prices have fallen by 7.4% since October 2007. The mix-adjusted house price was £208 539, down from £208 583 in September (not seasonally adjusted). UK house prices fell by 5.3% in the quarter ending October 2008, compared with a fall of 1.6% in the quarter ending July 2008. Average house prices fell by 4.5% in Scotland, England (7.3%); Wales (7.8%) and Northern Ireland (20.5%). Annual average house prices paid by first time buyers in August 2008 were 9.7% lower than a year ago. House prices paid by former owner occupiers were 6.6% lower.