Construction News

02/06/2009

April Annual House Price Fall Remains Static

According to the latest figures from Land Registry, annual house prices in England and Wales fell by 16.2% in April, taking the average house price to £152,898. This mirrors the annual house price fall in March.

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Monthly house prices fell by 0.3% in April compared to a fall in March of 0.4%.

London had a positive monthly change of 1.4%, making it the region with the greatest monthly change. The average property value in the capital is £302,411.

The South West region experienced the most significant annual price fall with a movement of -18%. The North East showed the most significant monthly price fall with a movement of -2.6%.

(CD/JM)

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