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House price index February 2009 [electronic resource]

By: Language: English Series: DCLG House Price Index ; February 2009Publication details: London DCLG 2009Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Finds that UK house prices have fallen by 12.3 % since February 2008. The mix-adjusted house price was £189 813 (not seasonally adjusted). UK house prices fell by 4.8% in the quarter ending February 2009, compared with a fall of 4.3% in the quarter ending November 2008. Average house prices fell by 8.6 % in Scotland, 12.4% in England, 12.5% in Wales and 19.4% in Northern Ireland. Annual average house prices paid by first time buyers in February 2009 were 15.1% lower than a year ago. House prices paid by former owner occupiers were 11.2% lower.

Finds that UK house prices have fallen by 12.3 % since February 2008. The mix-adjusted house price was £189 813 (not seasonally adjusted). UK house prices fell by 4.8% in the quarter ending February 2009, compared with a fall of 4.3% in the quarter ending November 2008. Average house prices fell by 8.6 % in Scotland, 12.4% in England, 12.5% in Wales and 19.4% in Northern Ireland. Annual average house prices paid by first time buyers in February 2009 were 15.1% lower than a year ago. House prices paid by former owner occupiers were 11.2% lower.

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