News

House prices return to figures last seen in 2006

28 July 2010

The value of property in England and Wales has returned to levels last seen in the summer of 2006, according to figures released by the Land Registry. House prices rose by 0.1% in June, taking the average cost up to £166,072.

This figure is 8.4% more than seen this time last year, as the market experiences the eighth consecutive monthly rise in year-on-year prices. All regions are said to have witnessed average prices rise in the year leading up to June
.
The largest rise has been seen in London, reaching 12.2%, with the North East the lowest at a 0.7% rise.

Statistics released by the HM Revenue and Customs has reported that the number of homes sold in the UK rose to 86,000 in June from May, a 21% increase. This is the highest figure seen this year and is 15% higher than June 2009.

Source: BBC News

© Copyright 2010 Rooneyswitch. All Rights Reserved. Powered by movewithus.

Lines open 9am – 8pm Monday to Friday and 10am – 4 pm on Saturday.  Calls are recorded and charged at national rate. The savings illustrated are based on a customer who currently buys their electricity from their local supplier and their gas from British Gas, who have also changed their payment method from cash/cheque on receipt of bills to monthly direct debit. Consumption amounts used in this illustration are based on OFGEM stated consumption details for the average household using 3,300kwh of electricity and 20,500kwh of gas per year. Figures correct as of 2nd March 2007.

Rooneyswitch is part of Rooney & Co Estate Agents, part of Arun Estate Agencies Group. Registered Office. St, Leonard’s House, North Street, Horsham, West Sussex, RH12 1RJ.  Registered No. 2597969. The Arun Estate Agencies Group is an associated partner of switchwithus, a trading name of movewithus - the UK’s leading property services group.

Home | Cheap gas and electricity | New locks | Cheap broadband deals | Switch mobile phones | Cheapest home phone contract