Average house prices up 10.2% in a year, says Halifax

The average house price in July was £186,322, the Halifax has reported.

It puts annual house price inflation at 10.2% and monthly inflation at 1.4%.

The Halifax’s figure is “seasonally adjusted” to produce a “standardised average price” which is calculated using the “Halifax’s mid adjusted methodology”.

The Halifax figure for July is very close to the £188,949 reported by Nationwide for the same month, which was also seasonally adjusted.

However, Nationwide puts annual house price inflation slightly higher at 10.6%, and monthly house price inflation much lower at a barely measurable 0.1%.

Podcasts
x

Email the story to a friend

Leave a reply

If you want to create a user account so you can log in, click here

More top news stories

EYE NEWSFLASH: Competition watchdog finds ‘mis-selling’ of leasehold homes

Continue Reading ...

OnTheMarket appoints new director who oversaw lucrative sale of PrimeLocation

Continue Reading ...

Purplebricks financial boss says customers are encouraged to ‘self-serve’ as much as possible

Continue Reading ...

Thank you for signing up to our newsletter, we have sent you an email asking you to confirm your subscription. Additionally if you would like to create a free EYE account which allows you to comment on news stories and manage your email subscriptions please enter a password below.