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 HPI, January 2016

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

Contact Brentford area

Fill in the form below to get in touch

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

Property Search Request Valuation
Search
Call us 02080225147

Comment on Land Registry HPI, January 2016

Peter Rollings, CEO of Marsh & Parsons, comments: “You can understand why there’s so much optimism in the property market at the moment even with the speculation over the outcome of the EU referendum. House prices have made quick progress already in 2016, and this will be a pleasant wake-up call for homeowners considering selling in the spring market. First-time buyers and buy-to-let investors are moving at a brisk pace, and while they continue to grossly outnumber properties for sales, house price growth will persist through the wider political uncertainty.
“London is in a whole different league, with property values pushing 14% annual growth. Over the past year, prices have risen across the board in the capital, but the double-digit increases are predominantly concentrated in cheaper boroughs, where buyer demand remains very robust. The Prime Central market is still dragging its heels as a result of the higher-end Stamp Duty, and many will be hoping the upcoming Budget brings a reversal, to energise activity further up the property ladder and free up supply along the chain.”

Land Registry HPI, January 2016

  • The January data shows a monthly price increase of 2.5 per cent.
  • The annual price change now stands at 7.1 per cent, bringing the average house price in England and Wales to 191,812.
  • The number of property transactions has decreased over the last year. From August 2014 to November 2014 there was an average of 81,656 sales per month. In the same months a year later, the figure was 78,652.
  • The January data for London shows a monthly increase of 2.8 per cent. At 13.9 per cent, the annual change for London is considerably higher than most other regions. The average price of property in the capital is 530,409 in comparison with the average for England and Wales of 191,812.
  • The borough with the highest annual price rise is Hillingdon, with a movement of 15.5 per cent. Hillingdon also experienced the highest monthly price increase, with a movement of 2.4 per cent.
  • Camden saw the smallest annual increase of 3.0 per cent. Camden and Islington both experienced the only monthly fall, each with a movement of -0.4 per cent.
  • Wales experienced the greatest monthly growth with an increase of 3.7 per cent
  • the North East saw the lowest annual price growth with an increase of 0.2 per cent
  • the North East also saw the most significant monthly price fall with a decrease of 1.6 per cent.
  • the number of completed house sales in England and Wales fell by 2 per cent to 72,167 compared with 73,282 in November 2014
  • the number of properties sold in England and Wales for more than 1 million increased by 14 per cent to 1,091 from 953 a year earlier

For more information on the London property market in Q4 2015, please see the latest Marsh & Parsons London Property Monitor

Eight spectacular properties to watch out for this autumn Read More
South London sees high levels of tenant demand Read More
An exceptionally busy lettings market throughout London Read More
What should cohabiting couples consider before buying a property? Read More
Hammersmith Bridge reopens to pedestrians Read More
What are the changes to the Right to Rent legislation? Read More
What does the lettings market for family homes look like in central London? Read More
Exceptional demand for family homes in south London Read More
London sales market set for one of the busiest summers on record Read More
Nine of the most luxurious homes on the market Read More

Marsh & Parsons is registered in England (Company No. 05377981) Registered office address: 80 Hammersmith Road, London, W14 8UD (VAT No. GB 842 7959 83) | Copyright © Marsh & Parsons 2018

Client Money Protection is provided by Propertymark. 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.