House price index January 2009 [electronic resource]
Language: English Series: DCLG House Price Index ; January 2009Publication details: London DCLG 2009Subject(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 | 146951-2001 |
Finds that UK house prices have fallen by 11.5% since January 2008. The mix-adjusted house price was £195,724 (not seasonally adjusted). UK house prices fell by 3.9% in the quarter ending January 2009, compared with a fall of 5.2% in the quarter ending October 2008. Average house prices fell by 6.3% in Scotland, and in England (11.8%); Wales (10.4%) and Northern Ireland (14.3%). Annual average house prices paid by first time buyers in January 2009 were 15.4% lower than a year ago. House prices paid by former owner occupiers were 10.0% lower.