Keywords
Citation
(2000), "Residential property price report", Property Management, Vol. 18 No. 4. https://doi.org/10.1108/pm.2000.11318dab.024
Publisher
:Emerald Group Publishing Limited
Copyright © 2000, MCB UP Limited
Residential property price report
Residential property price report
Keywords: Market report, Residential, Sale price
The Land Registry published its quarterly residential property price report, covering the period October-December 1999.
This report compares average prices and volume of sales with those for the same period in 1998. It also gives a breakdown of the average sale prices of old and new properties, by property type.
The following information is contained in the report: October-December 1999 v. October-December 1998 (Table XX).
Table XX. Residential
property price report
England and Wales
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All economic regions in England and Wales showed an increase in average prices.
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The average price increased by 15.23 per cent from £83,905 in 1998 to £96,687 in 1999.
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The volume of sales increased by 19 per cent from 206,611 in 1998 to 245,876 in 1999.
Greater London
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The average property price increased by 23.06 per cent from £128,083 in 1998 to £157,624 in 1999.
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The volume of sales rose by 22.42 per cent from 28,858 in 1998 to 35,327 in 1999.