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Communities and Local Government has Released the House Price Index for January 2008

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Mar 12 2008

Communities and Local Government in the UK has released the House Price index for January 2008.

Details of the report include:

The mix-adjusted average house price in the UK in January 2008 stood at £221,758, up from £218,007 in December 2007 (not seasonally adjusted).
UK annual house price inflation in January 2008 was 8.0 per cent, down from 8.4 per cent in December 2007. Annual house price inflation in London was 13.8 per cent in January, up from 12.2 per cent in December.
For the quarter ending January 2008 UK house prices increased by 0.7 per cent. This compares with a price increase of 0.9 per cent for the three months ending October 2007.

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