Get in touch

Speak to us now on live chat

Speak to someone on the phone

We can call you

Send us an email

Go Back

Call us today:

020 8115 4286

If you wanted to speak to a local expert, please go here to contact a specific branch.

Please provide us with the below details and one of our local experts will be in contact.

Please provide us with the below details and one of our local experts will be in contact.

All done

Thank you for providing us with your contact details, one of our local experts will be in contact.

Get in touch
  • Speak to us now on live chat
  • Speak to someone on the phone
  • We can call you
  • Send us an email
Go Back

Please provide us with the below details and one of our local experts will be in contact.

Go Back

Please provide us with the below details and one of our local experts will be in contact.

Go Back

Call us today:

020 8115 4286

If you wanted to speak to a local expert, please go here to contact a specific branch.

Go Back

All done

Thank you for providing us with your contact details, one of our local experts will be in contact.

Contact Comment on Land Registry, December 2015

Fill in the form below to get in touch

Sales or Lettings enquiry

Your Details

We will use your data for the purpose of your enquiry. After we have responded, we would also like to send you emails with information on our other products and services, including our regular newsletter which contains special offers, property photos, hot topics and useful tips.
Please tick this box if you are happy to receive this and remember you can change your preferences at any time. If you would like to know more about how we use your data please visit our Privacy Notice here

All done

We received your message. Our expert local team will review your details and get back to you shortly.

If you need any more information call us on

Buy

Selling

Rent

Landlords

New Homes

Land & Investment

Area Guides

Offices

Contact Us

Award-winning customer service

Rated 4.9 out of 5 by our customers

Established in London since 1856

Local know-how, better results

Buy

Selling

Rent

Landlords

New Homes

Land & Investment

Area Guides

Offices

Contact Us

Main Menu

Award-winning customer service

Rated 4.9 out of 5 by our customers

Established in London since 1856

Local know-how, better results

Lander Sudios

Kensal Town, W10

From £495,000

Durnsford House

Wimbledon, SW19

From £500,000

Request Valuation

Comment on Land Registry, December 2015

Peter Rollings, CEO of Marsh & Parsons, comments: Property values were climbing right up to the wire in 2015, giving homeowners a last-minute confidence boost around Christmas. Buyers also had plenty of reasons to feel positive, following the Chancellors Autumn Statement proclamations and the persistence of low mortgage rates. This optimism on both sides of the fence was combining to stimulate activity throughout the housing market.

London house prices have travelled the farthest distance over the past year, with growth well into double-digit territory fuelled mainly via price rises outside prime central London. But the housing market in the capital has also had some of the biggest obstacles thrown in its way, and so were still looking at substantially reduced price rises in the centre. Compared to a year ago, million pound property sales have slipped back 2% in the capital since stamp duty reform levied higher taxes at the middle and top-end of the property market. Both buyers and sellers at that level are having to be more price sensitive, and adjust their expectations. It remains to be seen how the second wave of stamp duty change targeted at buy-to-let investors may similarly distort the London market but in the short-term, well see a rush of demand from landlords and second home purchasers in the run up to April, which means heightened competition for first-time buyers.
Land Registry House Price Index, December 2015

  • The December data shows an annual price increase of 6.4 per cent which takes the average property value in England and Wales to 188,270.
  • Monthly house prices rose by 1.2 per cent since November 2015.
  • London experienced the greatest increase in its average property value over the last 12 months with a movement of 12.4 per cent
  • London also experienced the greatest monthly growth with an increase of 2.1 per cent
  • The average price of property in the capital is 514,097 in comparison with the average for England and Wales of 188,270.
  • The number of properties sold in London for over 1 million in October 2015 decreased by 2 per cent to 752 from 771 in October 2014.
  • The North East saw the lowest annual price growth with an increase of 0.8 per cent
  • Wales saw the most significant monthly price fall with a decrease of 0.8 per cent.
  • The number of property transactions has decreased over the last year. From July 2014 to October 2014 there was an average of 84,517 sales per month. In the same months a year later, the figure was 80,691.
The Pros and Cons of Property Management Read More
Dealing with a leak in the home Read More
Outsmart London’s house-hunting crowds Read More
Changes to landlord legislation in 2023 Read More
Spring into action with our community events this March Read More
Q4 Property Market Update from Marsh & Parsons Read More
How to switch your estate agent Read More
Marsh & Parsons win two marketing awards Read More
Marsh & Parsons raises £2,741 for Sleep-Out challenge Read More
5 stunning homes near Battersea Power Station Read More

Marsh & Parsons is registered in England (Company No. 05377981) Registered office address: 80 Hammersmith Road, London, W14 8UD (VAT No. GB 231 0965 32) | Copyright © Marsh & Parsons 2024

Client Money Protection is provided by RICS. The redress scheme for Marsh & Parsons is The Property Ombudsman Scheme. Calls may be recorded and/or monitored for training and/or data protection purposes. We are members of The Property Ombudsman (TPO), there to protect your interests. We abide by the TPO code of conduct.

We may refer you to recommended providers of ancillary services such as Financial Services and Insurance. We may receive a referral fee for recommending their services. You are not under any obligation to use the services of the recommended provider, which may also be an associated company of Marsh & Parsons.